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Wednesday, 26 June 2024 10:19

Cloudian secures US$23m growth financing from Morgan Stanley Expansion Capital, reports 30% ARR growth and achieves breakeven

COMPANY NEWS: Cloudian, the leader in secure S3-compatible AI data lake platforms, announced today that it has closed US$23 million in growth financing from Morgan Stanley Expansion Capital. Cloudian will use the proceeds to drive product innovation and sales and marketing initiatives to meet the rapidly growing demand for the firm’s AI data lake software.

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