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Why data storage firm Cloudian is launching a new edge analytics subsidiary

Storage specialist Cloudian is spinning out a new Japan-based subsidiary dedicated to large-scale analytics and AI processing at the edge.

Dubbed, Edgematrix the new company is a majority-owned subsidiary led by Hiroshi Ohta, Cloudian co-founder. The spinoff has raised $9 million in Series A funding from strategic investors NTT DOCOMO, Inc., SHIMIZU CORPORATION and Japan Post Capital Co., Ltd. as well as Cloudian CEO and co-founder Michael Tso and Cloudian board director Jonathan Epstein.



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