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Stockreport

Alluxio Expands Funding to $23M to Increase Investment in Hybrid Cloud Data Orchestration

Vipshop Holdings Limited American Depositary Shares, each representing two ordinary shares (VIPS)  More Company Research Source: GlobeNewswire
Last vipshop holdings limited american depositary shares, each representing two ordinary shares earnings: 3/5 05:00 am Check Earnings Report
US:NYSE Investor Relations: ir.vip.com
SAN MATEO, Calif., April 16, 2020 (GLOBE NEWSWIRE) -- Alluxio, the developer of open source cloud data orchestration software, today announced it has extended its Series B financing to $15.5 million, co-led by new investor Volcanics Ventures and existing investor a16z, with participation from technology entrepreneurs Isilon Founder Sujal Patel and YY Founding CTO Tony Zhao, and existing investor Seven Seas Partners. This brings the total amount of funding raised to date to $23 million. “Alluxio represents an extraordinary opportunity for strong growth in the data-driven hybrid and multicloud market. We are excited to partner with Alluxio and see the progress the company has made by establishing strategic partnerships with mega-cloud and compute-focused vendors and accelerating Alluxio’s momentum with enterprise and community adoption around the globe,” said Suyang Zhang, Founding Partner, Volcanics Ventures. “With Alluxio’s hybrid cloud Data Orchestration Platform fully in place [Read more]

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Stockreport

Alluxio Expands Funding to $23M to Increase Investment in Hybrid Cloud Data Orchestration

Vipshop Holdings Limited American Depositary Shares, each representing two ordinary shares  (VIPS) 
Last vipshop holdings limited american depositary shares, each representing two ordinary shares earnings: 3/5 05:00 am Check Earnings Report
US:NYSE Investor Relations: ir.vip.com
SAN MATEO, Calif., April 16, 2020 (GLOBE NEWSWIRE) -- Alluxio, the developer of open source cloud data orchestration software, today announced it has extended its Series B financing to $15.5 million, co-led by new investor Volcanics Ventures and existing investor a16z, with participation from technology entrepreneurs Isilon Founder Sujal Patel and YY Founding CTO Tony Zhao, and existing investor Seven Seas Partners. This brings the total amount of funding raised to date to $23 million. “Alluxio represents an extraordinary opportunity for strong growth in the data-driven hybrid and multicloud market. We are excited to partner with Alluxio and see the progress the company has made by establishing strategic partnerships with mega-cloud and compute-focused vendors and accelerating Alluxio’s momentum with enterprise and community adoption around the globe,” said Suyang Zhang, Founding Partner, Volcanics Ventures. “With Alluxio’s hybrid cloud Data Orchestration Platform fully in place [Read more]

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