COMPANY PROFILE

Minio

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Multi-Cloud Object Storage

Palo Alto, United StatesFounded 2014Other B2B Software

Valuation $1–2.5B Last recorded · 2022

Revenue $1–10M Latest reported FY

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About Minio

MinIO is a high-performance object store that is compatible with S3, a popular storage service offered by Amazon Web Services. The company's technology is designed to handle large scale workloads associated with artificial intelligence, machine learning, data lakes, and databases. MinIO's software-defined solution can be run on any cloud or on-premises infrastructure, providing flexibility for its clients.

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The company operates in the data storage market, serving a diverse range of clients from various industries. Its customers include businesses that require secure and efficient data storage solutions, particularly those dealing with large volumes of data.

MinIO operates under a dual-licensing model. It offers an open-source version of its software under the GNU AGPL v3 license, which allows users to use, modify, and distribute the software for free. However, for businesses that require additional features and support, MinIO offers a commercial enterprise license.

The company's revenue is primarily derived from the sale of these commercial licenses. It also offers a range of functionalities including data protection, governance, and compliance features, which are essential for businesses in regulated industries.

MinIO's technology is recognized for its security and resiliency. It offers strong encryption and active-active, multi-site replication for object storage, which is a key requirement for mission-critical production environments. The company's bucket and object immutability has been certified and validated by industry experts.

Source: Dealroom company data