Cloudian Finds $24M For Hybrid Cloud

Foster City-based Cloudian, a provider of hybrid cloud storage software, said this morning that it has raised $24M in an investment round. The investment came from INCJ and Fidelity Growth Partners along with Intel Capital. The company said it will use the funding to expand into global, enterprise markets and to ramp sales and marketing. Cloudian is led by Michael Tso. INCJ adds a representative to the board along with the funding.