Massive-storage startup Cleversafe raises $55M series D round

Cleversafe, a Chicago-based provider of object-storage systems for housing massive amounts of data, has raised a $ 55 million series D round led by New Enterprise Associates. Apart from traditional storage workloads, Cleversafe has also made a name for itself as a replacement for HDFS in Hadoop environments. According to Crunchbase, the company has now raised $ 91.4 million since 2007.

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