What MinIO does

MinIO, Inc. is a private, venture-backed Delaware corporation founded in 2014 and headquartered at 275 Shoreline Dr, Redwood City, CA. The company sells a high-performance, S3-compatible object storage platform branded MinIO AIStor that scales to exabyte single-namespace deployments and is augmented by AIStor Tables (an Iceberg-native unified structured and unstructured data store), MemKV (a purpose-built context memory store for AI inference), and supporting modules including SUBNET support, KES encryption, KMS, and DirectPV. Underlying the platform is an erasure-coded, distributed architecture that runs on commodity hardware, supports native NVIDIA BlueField-4 DPU/STX and RDMA transport, and integrates with Apache Iceberg, Delta Sharing/OpenSharing, MCP, SFTP, and PyTorch to address the data-path bottlenecks of AI training and inference.

MinIO operates a hybrid go-to-market combining a free, AGPLv3-licensed Community Edition download with quote-based AIStor Enterprise subscriptions, a global channel of certified resellers, an OEM/MSP licensing program, public-sector distribution through Four Inc. (SEWP V, ITES-SW2), cloud marketplace listings (QBO Cloud), and direct co-sell with NVIDIA and Databricks. Pricing is freemium to subscription, with multi-year enterprise contracts, separately priced MinIO Academy certification and training, and per-Named-Learner or per-exam billing for educational products.

The company serves Fortune 500 enterprises, U.S. federal and defense customers (including the US Air Force), hyperscalers, neoclouds, research institutions, and ISVs such as H2O.ai. Named customers include Volkswagen, Verizon, Intel, Home Depot, Mastercard, AMD, Salesforce, Yokogawa, PayPal, Palantir, ING, Disney, Broadcom, AT&T, Comcast, Rockstar Games, BNP Paribas, and Ampere, with claimed penetration of 77% of the Fortune 500, 10/10 of the largest US banks, 8/10 of the largest US retailers, and 1/4 of the largest automotive companies. MinIO has raised $126M cumulatively across rounds led by Intel Capital, General Catalyst, Dell Technologies Capital, and Nexus Venture Partners, reaching a $1B valuation at its January 2022 Series B, and is led by co-founders and co-CEOs Garima Kapoor and Anand Babu Periasamy.

Name

MinIO

Legal name

MinIO, Inc.

Website

https://min.io

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

MinIO delivers S3-compatible exabyte-scale object storage for enterprise AI and analytics. Its AIStor, MemKV, and AIStor Tables products serve 77% of the Fortune 500 across banking, retail, automotive, telecom, and U.S. federal customers.

Ownership category

akta.pro rank

Product category

Object Storage

NAICS

Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

AI Memory & Storage for Training (HBM/DDR/SSD/Object Storage) (HDAAAAAF)

akta.pro secondary industries

Model Serving, Inference & Deployment Platforms (APIs, Edge/On-Prem) (HDAEANAC), AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ), End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)

Keywords

• Object storage software
• AI data infrastructure
• S3-compatible storage
• Exabyte-scale storage
• Context memory storage

Headquarters

HQ city

Redwood City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. AIStor Enterprise Subscription (CLSA): Recurring subscription revenue from the Customer License and Subscription Agreement covering AIStor object storage, AIStor Tables, and MemKV for enterprise customers on-premises, in private cloud, sovereign cloud, or hybrid environments.
2. AIStor Free Tier: Freemium entry point under a separate AIStor Free Agreement that drives bottoms-up adoption and conversion to enterprise contracts.
3. SUBNET Support Services: Recurring revenue from MinIO's subscription network support service (SUBNET) providing 24x7x365 proactive support, telemetry-driven cluster health monitoring, and upgrade services.
4. Reseller Channel: Recurring and one-time license revenue through authorized resellers operating under the MinIO Reseller Agreement.
5. OEM and MSP Licensing: Licensing royalty / OEM revenue from partners that embed MinIO software in their own offerings under the OEM and MSP Agreement.
6. MinIO Academy Training and Certification: Professional services revenue from MinIO Certification Exams (per-exam pricing), MinIO Learning Subscription (per-Named-Learner annual subscription), MinIO AIStor Quickstart (60-day no-cost training), and MinIO Training Offering (private on-site or virtual instructor-led classes).

Pricing tiers

Go-to-market motion5 records

Distribution channels8 records

Marketing channels13 records

Core offering

MinIO develops and sells AIStor, a high-performance, S3-compatible object storage platform purpose-built for AI training and inference workloads, scaling to exabyte deployments in a single namespace. The portfolio also includes AIStor Tables (an Iceberg-native unified structured and unstructured data store) and MemKV (a petabyte-scale context memory store for AI inference designed to run natively on NVIDIA BlueField-4 STX), sold primarily as enterprise subscriptions and complemented by SUBNET support services, training and certification, and OEM/MSP licensing.

Differentiator

Problem solved

Functional benefit

Brands

• MinIO AIStor: Enterprise-grade, exascale AI data store / cloud-native object storage platform covering the Object and Table data tiers for AI and analytics workloads.
• MinIO MemKV
• MinIO SUBNET
• MinIO KES
• MinIO Warp
• MinIO DMT
• MinIO Sidekick
• MinIO Community Edition
• MinIO KMS
• MinIO DirectPV

Products and services

• MinIO AIStor High-performance, S3-compatible, cloud-native object storage platform that scales to exabyte deployments in a single namespace, delivering up to 19.2 TiB/s throughput, sub-10ms latency, 99.999999999% (11 nines) data durability, and native support for S3, S3 Express, Iceberg Catalog, MCP, SFTP, and Delta Sharing/OpenSharing. Sold as an enterprise subscription under a Customer License and Subscription Agreement for AI training, inference, and analytics workloads.
• MinIO MemKV Purpose-built context memory store for AI inference workloads that delivers microsecond context retrieval at petabyte scale by expanding the KV cache layer across GPU clusters, running natively on NVIDIA BlueField-4 STX with RDMA transport and integration with NVIDIA Dynamo and NIXL. Designed to eliminate the 'recompute tax' in agentic AI inference.
• MinIO AIStor Tables Unified Iceberg-native data store that combines structured tables and unstructured objects in a single platform for enterprise AI and analytics workloads, enabling zero-copy data access for query engines and reducing storage costs by up to 40% compared to AWS S3 Tables across on-premises, private, sovereign, and hybrid environments.
• MinIO Community Edition Open-source version of the MinIO high-performance, S3-compatible object storage platform, distributed under AGPL v3 for non-production and community use, serving as the foundation for bottoms-up developer adoption.
• MinIO SUBNET Subscription network support service that uses telemetry data to monitor customer cluster health, resolve support issues, and deliver proactive 24x7x365 support and upgrade services for MinIO AIStor enterprise deployments.
• MinIO KMS Highly scalable key management server that provides secure encryption at rest for MinIO AIStor deployments, supporting server-side encryption on Kubernetes and Linux installations.
• MinIO Academy Training and Certification Professional training and certification program offering per-Named-Learner Learning Subscriptions, per-exam MinIO Certifications, a 60-day free AIStor Quickstart, and on-site or virtual instructor-led training for enterprises deploying AIStor, MemKV, and AIStor Tables.

Quantifiable outcome

• GPU utilization increased from ~50% to over 90% on a 128-GPU / 128K-token deployment using MemKV
• +7 more outcomes

Named customers19 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration23 records

AI capability8 records

Feature10 records

Partnerships

Eleven partnerships are on record, tiered joint engineering partner, flagship strategic partner, strategic ecosystem alliance, flagship reference architecture alliance, strategic public-sector channel partner, strategic channel partner, strategic technology partner, key executive hire (corporate development) and strategic integration partner.

• F5joint engineering partnerTechnology or Integration · 11 June 2026F5 and MinIO conducted joint throughput testing under degraded network conditions to demonstrate how S3 object storage performance degrades with latency, and co-published findings showing latency matters more than jitter as a driver of throughput loss. F5's BIG-IP application delivery controller monitors storage node health and routes traffic only to healthy or least-busy nodes.
• Databricksflagship strategic partnerStrategic or Co-development Partner · 10 June 2026Databricks Software-Defined Storage (SDS) Ecosystem launch partner at General Availability, connecting on-premises MinIO AIStor directly to the Databricks Data Intelligence Platform via the open-source OpenSharing protocol hosted by the Linux Foundation. Enables zero-copy running of Databricks Serverless Compute, Genie, and LLMs directly on on-premises datasets. MinIO was also named 2026 Databricks ISV Storage Partner of the Year at the Data + AI Summit.
• Databricks SDS Ecosystem (Everpure, Qumulo, VAST Data; plus Cohesity, Commvault, HPE, NetApp, Nutanix, Rubrik)strategic ecosystem allianceStrategic or Co-development Partner · 10 June 2026MinIO is one of four GA launch partners in the Databricks Software-Defined Storage Ecosystem alongside Everpure, Qumulo, and VAST Data, with additional commitments from Cohesity, Commvault, HPE, NetApp, Nutanix, and Rubrik, all using the open-source OpenSharing protocol to connect hybrid and on-premises storage to Databricks without data migration.
• NVIDIAflagship strategic partnerStrategic or Co-development Partner · 1 June 2026Deep co-development partnership: AIStor and MemKV are the only object storage and context memory solutions purpose-built across the complete AI data pipeline for the NVIDIA Vera BlueField-4 STX reference architecture (announced at COMPUTEX 2026). MemKV is designed to run natively on NVIDIA BlueField-4 DPUs and integrates with NVIDIA Dynamo and NIXL. MinIO also supports NVIDIA DOCA Vault for silicon-level security of model weights, training data, and agent context. Quoted: Jason Hardy, VP Storage Technologies, NVIDIA.
• Ampere, Supermicro, and Micron (Ampere AIStor reference architecture)flagship reference architecture allianceStrategic or Co-development Partner · 26 March 2026Co-developed and validated a reference architecture for AI inference using MinIO AIStor on an 8-node cluster of Ampere Altra 128-core processors, Supermicro MegaDC servers with 512GB DDR4 per node, eight Micron 7500 Pro 15.36TB NVMe SSDs per node, and 200Gbps networking. Tested across GET, PUT, DELETE, LIST, and STAT operations.
• Four Inc.strategic public-sector channel partnerChannel Partner/ Reseller/ Distributor · 17 March 2026Four Inc. has been named the public-sector technology provider for MinIO, enabling U.S. federal government agencies to access MinIO AIStor through contract vehicles including SEWP V and ITES-SW2. Designed to handle exascale AI workloads while meeting federal security standards, providing a cloud-operating model across edge, core, and cloud environments.
• QBO Cloudstrategic channel partnerChannel Partner/ Reseller/ Distributor · 19 February 2026Collaboration to deliver enterprise-grade S3-compatible object storage for AI and analytics workloads. Enables customers to deploy and manage MinIO AIStor on QBO Cloud's platform; available through both companies' partner channels.
• Solidigmstrategic technology partnerTechnology or Integration · 19 November 2025Solidigm launched an AI Central Lab in partnership with MinIO Inc. to deliver advanced SSD benchmarking, GPU and networking performance, and scalable storage solutions for AI deployments.
• Intel, Solidigm, and Supermicro (ExaPOD reference architecture)flagship reference architecture allianceStrategic or Co-development Partner · 15 November 2025Joint development of ExaPOD, MinIO's modular reference architecture for exascale AI data infrastructure extending the DataPOD concept from 100-PB units to one-exabyte blocks, using industry-standard components to deliver high-throughput, low-latency storage with predictable TCO. Showcased at SuperComputing '25.
• Ran Kurup (Chief Corporate Development Officer)key executive hire (corporate development)Others · 13 November 2025Ran Kurup joined MinIO as Chief Corporate Development Officer to lead global strategic growth initiatives including geographic expansion, mergers, and investments. Background from Intel Capital.
• H2O.aistrategic integration partnerTechnology or Integration · 11 August 2025H2O.ai's self-hosted LLM serving architecture for air-gapped/offline deployments uses MinIO as one of seven core components: Kubernetes, MinIO object storage, Keycloak, VLLM, and others. MinIO stores large model artifacts (sourced from Hugging Face) in an S3-compatible bucket and mounts them dynamically at runtime to avoid Docker registry bloat.

Scale indicators12 records

Recent moves6 records

Expansion highlights8 records

Direct peers

• VAST Data: VAST Data is a direct competitor in AI-era unified storage, offering a scale-out, exabyte-capable platform that combines object storage with file, block, and database capabilities on commodity hardware. It targets the same enterprise AI/analytics workloads and competes head-to-head with MinIO AIStor and AIStor Tables for large AI factory deployments.
• WekaIO (Weka): Weka is a direct peer in high-performance AI/ML data infrastructure, delivering a parallel file system and S3-compatible object storage optimized for GPU clusters and AI workloads. It is frequently evaluated alongside MinIO for enterprise AI training and inference data-layer deployments.
• Cloudian: Cloudian is a direct peer in S3-compatible object storage for enterprise and AI workloads, offering exabyte-scale on-premises object storage with similar data-protection and tiering features. It competes with MinIO AIStor for hybrid cloud and AI data lake deployments.
• Qumulo: Qumulo provides enterprise file and object storage optimized for large unstructured datasets including AI workloads, and was named alongside MinIO as a launch partner in the Databricks Software-Defined Storage Ecosystem, making it a direct competitor in the same enterprise channel and use cases.
• Hammerspace: Hammerspace delivers a global data environment that unifies file and object storage across on-prem and cloud, often positioned for AI/analytics data unification. It overlaps with MinIO AIStor's value proposition of consolidating unstructured data for AI and analytics across hybrid environments.
• Scality: Scality is a direct competitor in S3-compatible enterprise object storage with RING and Zenko offerings, deployed in Fortune 500 and service-provider environments. It targets the same hybrid-cloud and AI data lake use cases as MinIO AIStor.

Broad incumbents

• Pure Storage: Pure Storage is a broad incumbent in enterprise flash storage with an expanding AI-focused portfolio (AIRI, FlashBlade) and FlashBlade//EX that competes with MinIO in AI/analytics unstructured-data deployments. It is a larger, more diversified player with a services-and-hardware business model.
• NetApp: NetApp is a broad incumbent enterprise storage vendor whose ONTAP and StorageGRID (S3-compatible object storage) products compete with MinIO AIStor for on-prem enterprise AI/analytics workloads. It was also named a future member of the Databricks SDS Ecosystem.
• Dell Technologies (PowerScale / ObjectScale): Dell PowerScale and ObjectScale are broad-incumbent enterprise storage offerings that overlap with MinIO AIStor in Fortune 500 unstructured-data deployments; Dell Technologies Capital is also a MinIO investor, creating a partner/competitor dynamic. Dell is a strategic enterprise channel for MinIO via ExaPOD reference architectures.
• AWS S3 (Amazon Web Services): AWS S3 is the broad incumbent and market-defining object storage service against which MinIO's S3 compatibility, TCO claims ('up to 40% lower storage cost vs AWS S3 Tables'), and on-prem narrative are explicitly positioned. While AWS is not a direct on-prem competitor, it sets the de facto API standard MinIO replicates and is the dominant alternative for cloud-native workloads.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/minio
• GitHubgithub.com/minio
• YouTubeyoutube.com/c/MINIO
• LinkedInlinkedin.com/company/minio-inc-

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MinIO