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MinIO

Enterprise Software
MinIO is an open-source object storage software company providing a high-performance, S3-compatible storage system that organizations can run on their own infrastructure as an alternative to cloud-based object storage.
$1.38B
+$15.55
43.36%
30 days ago
$35.86
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MinIO was founded in 2014 by Anand Babu Periasamy and Garima Kapoor, building an open-source object storage system designed to be compatible with the API used by Amazon S3, the widely adopted cloud object storage service that has become something of a de facto standard interface for object storage across the technology industry, letting MinIO serve as a drop-in alternative that applications and tools built to work with S3-compatible storage can use without modification, while running on infrastructure the customer controls directly, whether on-premises data centers, private cloud environments, or at the network edge, rather than depending on a public cloud provider's hosted storage service. MinIO's core value proposition centers on giving organizations the S3-compatible object storage interface and performance characteristics that have become widely expected and supported across the modern data and application ecosystem, while retaining full control over where that storage infrastructure actually runs, an important consideration for organizations with specific data sovereignty, regulatory compliance, cost control, or performance requirements that make relying entirely on a public cloud provider's storage service less suitable, such as organizations wanting to keep certain sensitive data within their own physical infrastructure and jurisdiction rather than a public cloud provider's data centers, or those seeking to avoid the ongoing costs and potential vendor lock-in associated with storing very large data volumes exclusively in a public cloud. The company has positioned its high-performance, software-defined storage architecture as particularly well suited to data-intensive workloads including AI and machine learning training, which often require very high-throughput access to large training datasets, an increasingly significant use case as AI model training has driven substantial growth in demand for high-performance storage infrastructure that can keep GPU computing resources properly fed with training data. MinIO offers both a widely adopted open-source version and commercial enterprise offerings with additional support and management capabilities. The company has raised venture funding from investors including General Catalyst and Intel Capital, positioning itself within the broader open-source infrastructure software category alongside other object storage alternatives.
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