MinIO raises $103 mn in Series B funding round, joins the Unicorn list

MinIO Inc, creators of the MinIO multi-cloud object storage suite, announced today that it has raised $103 million in Series B funding at a $1 billion valuation. The investment was led by Intel Capital with participation from new investor SoftBank Vision Fund 2, and existing investors Dell Capital, General Catalyst and Nexus Venture Partners.

Today’s financing brings MinIO’s total funding raised to $126 million. The company becomes the fourth unicorn of the year. The company is headquartered in Palo Alto MinIO and has a subsidiary in Bengaluru and is rapidly expanding their engineering footprint in that geography. MinIO has dozens