Fundraising Fox

MinIO

Redwood City, US · Founded 2014 · 222 employees on LinkedIn · 8 known investors

MinIO builds AIStor, an Apache Iceberg-native object and data store for enterprise AI workloads, including AI training, inference, and data lakehouse analytics. It offers features such as client-side load balancing, bucket-level Quality of Service, encryption, replication, and anti-ransomware controls for data teams running exascale storage.

Also known as MinIO AIStor · MinIO, Inc.

Founders & leadership

MinIO was founded in 2014 by Anand Babu Periasamy, Garima Kapoor, Anand Babu "AB" Periasamy, and Harshavardhana.

ABAnand Babu Periasamy
Anand Babu PeriasamyinCo-Founder, CEO
GKGarima Kapoor
Garima KapoorinFounder
AB
Anand Babu "AB" Periasamy
H
HarshavardhanaFounder

Investors · 8

Also in the syndicate · 2

Dell CapitalSoftBank Vision Fund 2

Funding

SEC filings, press & company announcements

$103M disclosed across 1 round · 2022

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

MinIO, Inc. is a data infrastructure company whose AIStor product line provides an object data store and a persistent memory layer aimed at enterprise AI workloads. The company positions AIStor around four use cases: an AI-ready lakehouse that consolidates tables, files and objects under a single governance model; AI agent memory that retains context, decisions and artifacts across interactions; AI inference, where inference context is persisted and shared across GPUs to avoid recomputation; and AI training, where the data path is engineered to keep GPU clusters supplied with data and to checkpoint large models.

The platform is described as two complementary layers — an enterprise data layer and a persistent memory layer. Stated design goals include open and portable formats to avoid vendor lock-in, access over standard protocols, enterprise resilience, and governed, auditable agent activity for compliance and security. A related component, MemKV, is presented as the low-latency context memory element used for inference. Recent product messaging centers on AIStor Memory, marketed as long-term memory for AI agents.

Business model

MinIO offers AIStor as a downloadable enterprise product with published pricing, support offerings, and a government-focused edition, alongside a large open-source-style developer community and freely available downloads.

Traction

Publicly cited figures include more than 2 billion downloads, over 53,300 GitHub stars, more than 32,900 community members and over 1,400 developers, with claimed adoption by 77% of the Fortune 500.

Latest developments

Announcements include AIStor Memory, positioned as a long-term memory foundation for agentic AI; AIStor and MemKV support for the NVIDIA Vera BlueField-4 STX secure AI data path and the NVIDIA STX reference architecture; recognition as Databricks ISV Storage Partner of the Year; and a webinar on GPU memory constraints for AI inference held with NVIDIA on September 17.

Full profile — market position, technology, go-to-market, geography

Market position

MinIO states that 77% of Fortune 500 organizations use MinIO, and reports being embedded in the NVIDIA STX reference architecture and named Databricks ISV Storage Partner of the Year.

Technology

AIStor combines object storage with a persistent memory layer. Marketed technical characteristics include up to 23.5 TiB/s peak throughput to feed GPU clusters, fast checkpointing of large foundation-parameter models, sub-10ms context memory (P99 inference latency under 10ms with MemKV), consistent encryption, lifecycle and compliance policy enforcement, and a native OpenSharing implementation that exposes on-premises data to Databricks without data movement. AIStor is also built to support the NVIDIA STX foundation for AI-native storage.

Go-to-market

Direct product downloads and self-service pricing combined with a developer/community motion (downloads, GitHub, community channels, docs and training resources), plus co-engineering and partner-led distribution with NVIDIA and Databricks. Marketing includes webinars, customer stories and a resource library.

Large data-driven enterprises and government organizations running AI training, inference, agentic applications and lakehouse analytics at scale, including data and GPU infrastructure teams.

Geography

Headquarters at 275 Shoreline Dr, Ste 100, Redwood City, California, United States.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
AIStor peak throughput feeding GPU clustersJan 202623.5 TiB/s
Average savings per 100 GPUsJan 2026$2M
Community membersJan 202632,900 members
DevelopersJan 20261,400 developers
Downloads (cumulative)Jan 20262,000,000,000 downloads
GitHub starsJan 202653,300 stars
GPU utilization with AIStorJan 202695%
HeadcountAug 2026222
Lower cost per token vs cloud alternativesJan 202650%
P99 inference latency with MemKVJan 2026<10ms
Share of Fortune 500 using MinIOJan 202677%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings
Jan 2026
Named Databricks ISV Storage Partner of the Year

MinIO was awarded Databricks ISV Storage Partner of the Year; AIStor's native OpenSharing implementation connects on-premises data to Databricks.

source ↗

Jan 2026
AIStor object data stores added to the NVIDIA STX reference architecture

MinIO AIStor and MemKV are described as directly integrated into the NVIDIA STX reference architecture, including the secure AI data path with NVIDIA Vera BlueField-4 STX.

source ↗

Jan 2026
AIStor Memory introduced as long-term memory layer for AI agents

MinIO announced AIStor Memory, positioned as an enterprise memory foundation for agentic AI, preserving context and knowledge across agent interactions.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does MinIO do?
MinIO develops AIStor, an object and memory data platform for enterprise AI training, inference, agents and lakehouse analytics.
Who founded MinIO?
MinIO was founded by Anand Babu Periasamy, Garima Kapoor, Anand Babu "AB" Periasamy, Harshavardhana in 2014.
Who are MinIO's investors?
MinIO's investors include Intel Capital, Karma Ventures, SoftBank Vision Fund, Dell Technologies Capital, General Catalyst, Nexus Venture Partners.
How much funding has MinIO raised?
MinIO has disclosed $103M raised across 1 round.
Where is MinIO headquartered?
MinIO is headquartered in Redwood City, US.