About OpenIO
OpenIO is a company based in Lille (France) founded in 2015 was acquired by OVHcloud in July 2020.. OpenIO has raised $5 million across 1 funding round from investors including OVHcloud, Partech Partners and Elaia. OpenIO operates in a competitive market with competitors including DDN, Cloudian, Panasas, Minio and Basho, among others.
- Headquarter Lille, France
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Sectors
Technology
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Phone
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Website
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Social
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Software Development Team
233 people
Sales and Marketing
106 people
Data Analysis and Operations Team
43 people
Leadership Team
41 people
Human Resources and Administration
24 people
Product Management Team
21 people
Devops Team
16 people
Account Team
15 people
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Funding Insights of OpenIO
OpenIO has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in October 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $5.0M
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First Round
First Round
(24 Oct 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Series A - OpenIO | Valuation | Elaia , Partech Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OpenIO
OpenIO has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include OVHcloud, Partech Partners and Elaia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location | |
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Venture capital is provided to global tech startups and scale-ups.
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Founded Year | Domain | Location | |
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A regional co-investment fund for innovative startups is managed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by OpenIO
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OpenIO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Openio Comparisons
Competitors of OpenIO
OpenIO operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DDN, Cloudian, Panasas, Minio and Basho, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Big data and HPC storage appliances are provided for businesses.
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Scalable cloud object storage is offered to enterprises and providers.
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Parallel file system storage solutions are delivered via clustered appliances.
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Platform offering object storage solutions
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Distributed Nosql Database and Cloud Storage
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| domain | founded_year | HQ Location |
Data storage solutions for AI workloads are developed by WEKA.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Openio
Frequently Asked Questions about OpenIO
When was OpenIO founded?
OpenIO was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is OpenIO located?
OpenIO is headquartered in Lille, France. It is registered at Lille, Hauts-de-france, France.
Is OpenIO a funded company?
OpenIO is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Oct 24, 2017.
What does OpenIO do?
OpenIO was founded in 2015 in Lille, France, as an open-source software provider in the object storage sector. Solutions are developed for large-scale infrastructures, including grids that minimize data re-balancing downtime. Deployment is enabled on diverse hardware to avoid vendor dependencies. Native APIs compatible with S3, OpenStack Swift, and others are supported for data access across environments.
Who are OpenIO's investors?
OpenIO has 4 investors. Key investors include OVHcloud, Partech Partners, Elaia, and Nord France Amorçage.
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