Nexus and Kae Backed CloudByte to Deliver Next-Generation Storage Solutions to Service Providers for Kryptos

CloudByte recently raised $ 2.1 million in Series A funding from Nexus and Kae Kapital. CloudByte today announced its distributor partnership with Kryptos, the pioneer in introducing subscription-based, on-demand IT solutions from industry leaders like Microsoft, VMware, and Citrix. Kryptos will distribute CloudByte’s recently launched ElastiStor 1.0 in the Indian and Asian markets, where it has access to over 500 leading service providers.

“We are delighted to offer CloudByte’s next-generation storage technology to our customers, as it provides them with the key missing piece in building a fully virtualized datacenter and delivering on the true promise of the cloud. CloudByte replaces fragmented storage in datacenters with a single extensible storage platform and makes on-demand storage provisioning possible – both in terms of capacity and performance,” said Prasanna, CEO, Kryptos.

“Following our ElastiStor product launch last month, we have seen tremendous early interest from enterprises and service providers in India, Asia-Pac, Western Europe, and the US. By having an industry-leading distributor like Kryptos sign up with us within 30-days of our product launch, we can now expedite conversions of this early interest into customer adoptions,” said Srivibhavan Balaram, CEO, CloudByte. “This partnership also validates our belief in the need for a better solution to the current problem of storage fragmentation, as Kryptos is well positioned to obtain in-depth insights about the storage solution dynamics.”

For more information about CloudByte, visit www.cloudbyte.com