ALLUXIO LATEST NEWS AND PRESS

LATEST Press Releases

Alluxio Founder and CEO Reveals Top Data Predictions for 2022

Alluxio’s Founder and CEO Haoyuan (H.Y.) Li forecasts major developments in Cloud, AI, Deep Learning and Data Analytics in 2022. More organizations will advance their data revolution strategy running more diverse workloads on a wider variety of platforms across clouds and hybrid clouds. 2022 will see even more advances in AI, machine learning and analytic workloads and technologies and services to support them. 

Alluxio Announces $50 Million in New Funding

Alluxio, the developer of open source data orchestration software for large-scale analytics and AI/ML workloads, today announced Series C financing of $50 million led by a leading global investment firm, along with participation from existing investors including a16z, Seven Seas Partners, and Volcanics Ventures. This brings the total amount of funding raised to date to more than $70 million.

Alluxio Boosts AI/ML Support for its Hybrid and Multi-Cloud Data Orchestration Platform

Alluxio, the developer of open source data orchestration software for large-scale workloads, today announced the immediate availability of version 2.7 of its Data Orchestration Platform. This new release has led to 5x improved I/O efficiency for Machine Learning (ML) training at significantly lower cost by parallelizing data loading, data preprocessing and training pipelines. Alluxio 2.7 also provides enhanced performance insights and support for open table formats like Apache Hudi and Iceberg to more easily scale access to data lakes for faster Presto and Spark-based analytics.

Alluxio Praised for Technology Innovation in Cloud, Data Analytics and Data Management with Recent Industry Awards

Alluxio, the developer of open source data orchestration software for large-scale analytics and AI/ML workloads, today announced the addition of many new industry accolades in 1H 2021.  Alluxio moves data closer to AI and machine learning compute frameworks in any cloud across clusters, regions, clouds and countries, providing memory-speed data access to files and objects.

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Latest News

The insideBIGDATA IMPACT 50 List for Q1 2022

Inside Big Data

These companies have proven their relevance by the way they’re impacting the enterprise through leading edge products and services. We’re happy to publish this evolving list of the industry’s most impactful companies!

The 10 Coolest Big Data Tools Of 2021

CRN

Working with ever-growing volumes of data continues to be a challenge for business and organizations. Here are 10 cool big data tools that caught our attention in 2021.

Alluxio Nabs $50 Million Series C Funding; Adds AI and ML Support

Solutions Review

Alluxio recently announced that it raised $50 million in Series C funding led by a leading global investment firm, according to a press release on the company’s website. The news comes on the heels of the vendor’s April 2020 B round which saw Alluxio secure more than $15 million in venture capital. The round included participation from new and existing investors and brings the company’s total raised to more than $70 million since its founding in 2015. Alluxio also announced new AI and machine learning support for its main platform on the same day.

Alluxio adds $50M in new funding, opens new office in China

Pitchbook

Alluxio has raised a $50 million Series C from investors including Andreessen Horowitz, Seven Seas Partners and Volcanics Venture. Based in San Mateo, Calif., the startup is a creator of open-source data orchestration software that’s used for large-scale analytics and AI and machine learning workloads in the cloud. Alluxio has also opened a new office in Beijing.

Alluxio 2.7 Now Available

TFiR

Alluxio has announced the immediate availability of version 2.7 of its Data Orchestration Platform. This new release has led to 5x improved I/O efficiency for Machine Learning (ML) training at lower cost by parallelizing data loading, data preprocessing and training pipelines, the company said. Alluxio 2.7 also provides enhanced performance insights and support for open table formats like Apache Hudi and Iceberg to more easily scale access to data lakes for faster Presto and Spark-based analytics.

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