Cloudian, a California-based company with a major presence in Japan, announced a US$24 million financing round today. The firm received funds from existing investors like Intel Capital as well as newcomers Innovation Network Corporation of Japan (INCJ) and Fidelity Growth Partners Japan. The funding is earmarked for powering Cloudian’s global sales and marketing. Japan sales are already very healthy – seven of the 16 top clients listed on the company’s website are Japanese corporations.
An interesting trend in the Australian Real Estate Investment Trust sector is the arrival of small, specialist AREITs with exposure to long-growth sectors such as self-storage and cloud computing. These AREITs offer decent yield and reasonable growth, albeit with higher risk. Achieving yield and growth from AREITs has been hard work in the past 12 months. Only a third of the S&P ASX 200 AREIT index’s 9 per cent return (including distributions) came from price growth over 12 months to June 3, 2013, S&P data shows. Thank heavens for yield.
Toshiba and Seagate are set to showcase their latest storage products at the Computex 2014. Toshiba has unveiled its new enterprise hard drive recently. The hard drive is designed for bulk storage systems and servers supporting cloud-based applications and scale-out workloads. Meanwhile, Seagate has cooperated with Qnap and Thecus to release a new 6TB enterprise-level hard drive as well as its QNap Turbo NAS technology. Both will be showcased at Computex.
May 16, DELL Inc believes that its latest storage solution is the answer to what it said was a previously untapped market in Malaysia – the mid-market segment. According to KT Ong, Dell Malaysia general manager, the Dell Compellent SC4020 helps companies in the mid-market segment address their IT challenges in a “cost effective” manner.
ESTmob, the Seoul-based team behind file-sharing app Send Anywhere (which we reviewed about a week ago) revealed today it has completed a US$1 million seed round led by Rakuten Ventures. ESTmob cofounder Suhyuk Kang tells Tech in Asia that it will use the funding to expand its userbase around the globe and ramp up the app’s feature set.
BANGALORE, INDIA — Leading file-sharing service Hightail (formerly YouSendIt) today announced its continued localization efforts through the opening of an office in Bangalore, India. Hightail’s India development center will focus on solving challenging cloud technology problems at massive scale by leveraging the incredible talent pool in India to further expand the company’s engineering team.
In October last year, Tech In Asia reported that Kleii, Vietnam’s equivalent of Dropbox, was in a coma. The service accumulated more than one million users, but its business model was bleeding money. Nguyen Tuan Son, the CEO of Kleii, told us in October that he was re-evaluating the service and working on new ways to release it. Now that day has come. Today, Kleii’s blog announces three major steps on its path back to being a consumer and business cloud platform.
MILPITAS, California-based software-defined storage company ProphetStor Data Services Inc said it has opened offices in Malaysia and Singapore, and has appointed Simon Ng as regional director, South Asia. With offices now in Malaysia and Singapore, ProphetStor is targeting the banking and insurance, government, healthcare, manufacturing and logistics, and telecommunications industries, it said in a statement.
Inventec will launch cloud computing-based storage solutions for SMBs in the Southeast Asia market in the third quarter of 2014 through cooperation with the Taiwan government-sponsored Institute for Information Industry and independent software developers, according to company senior advisor George Wang. In addition to Southeast Asia, Inventec will also extend its reaches to markets such as China, North America and Japan and expects to see some results by the second half of 2014. As for the plan to spin off its cloud computing application business into an independent subsidiary, Wang noted that it is a long-term plan, but the company so far has not yet had a firm schedule for it.