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Cloudian bags $60m in new funding to accelerate growth

Cloudian has raised $60m in funding and appointed Bob Griswold as its first board chairman in a bid to accelerate its growth.

The new round of funding, which includes investments from multiple investment firms and other strategic investors, takes Cloudian’s total capital raised to $233m.

It had contributions from Digital Alpha, Eight Roads Ventures Japan, INCJ, Intel Capital, Japan Post Investment Corporation, Silicon Valley Bank, Tinshed Asia, Wilson Sonsini Investments, and investors like new chairman Griswold.

Griswold said: “Cloudian is well positioned to capitalise on today’s transition to cloud-native technologies, and I believe strongly in the company’s strategy and its enterprise-proven platform; so much so, that I personally invested in the current funding round.”