3X Y/Y Revenue Growth For Alluxio in FY22

Alluxio, Inc. announced business momentum with 3x Y/Y revenue growth, strategic customer validation, new funding, global expansion and product advancements.

Market momentum indicates that demand for Alluxio’s Data Orchestration Platform will grow through 2022 and beyond as companies shift to hybrid and multi-cloud workloads.

“Alluxio completed our latest fiscal year with strong results,” said Haoyuan Li, founder and CEO. “Our FY22 performance further demonstrates the market’s need for better ways to access data in large-scale analytics and AI/ML applications, especially in distributed hybrid cloud and multi-cloud environments. We appreciate the trust our customers and community members put in us and the technology, and are excited to make Alluxio data orchestration a key part of modern data platform infrastructure.”

“Rakuten processes a variety of massive datasets to help grow Rakuten’s ecosystem of 70+ services, empower our merchants and partners, and provide the best experiences to our customers through effective business insights, product and market intelligence, customer incentives, and more,” said Sandipan Chakraborty, director of engineering and chief architect, data and AI platform, global data office at Rakuten. “Alluxio enables a much more efficient way to provide data availability and access to our internal users, across multiple datacenters and clouds, and we recently doubled our utilization to expand these benefits.”

Business, Customer and Community Momentum
• Seven out of the 10 largest companies by market cap run Alluxio.
• Closed series C financing of $50 million led by Hillhouse Capital, along with participation from all existing institutional investors including a16z, Seven Seas Partners and Volcanics Ventures
• Expanded AsiaPac presence with the opening of an office in Beijing, China.
• Tripled employee headcount, including an expanded executive team: SVP, legal and head of China operations; VP engineering; and VP business development, China.
• Expanded deployments with tech companies such as Alibaba, Meta, Microsoft, Tencent, and ByteDance.
• Delivered a go-to-market solution in collaboration with Intel offering an in-memory acceleration layer with 3rd-Gen Intel Xeon Scalable processors and Intel Optane persistent memory (PMem) 200 series.
• Delivered integration of RAPIDS Accelerator for Apache Spark 3.0 to accelerate data access on NVIDIA GPU-accelerated computing clusters for computation of both analytics and AI pipelines.
• Community surpassed 1,100 contributors to the github project and over 8,500 members on the community Slack channel.
• Hosted 8 Alluxio Community Day virtual events attracting tens of thousands of community members to showcase and share implementation use cases around key data engineering challenges and solutions around building cloud-native or hybrid cloud data and AI platforms using the technologies such as Alluxio, Presto, Apache Iceberg, Apache Spark, Apache Hudi, and Kubernetes.
• Advanced 5 new PMC (Project Management Committee) members and one new PMC maintainer.

New Advancements for the Data Orchestration Platform
Alluxio shipped 3 releases of its Enterprise Edition in 2021, including:
• Alluxio 2.5 focuses on POSIX and S3 interface access to improve performance and compatibility with popular interfaces for analytics and ML data pipelines;
• Alluxio 2.6 features streamlined data pre-processing and loading phases, enabling better utilization of GPUs, improving AI/ML training efficiency and reducing overall cost;
• Alluxio 2.7 offers improved I/O efficiency for data loading and preprocessing stages of an AI/ML training pipeline to reduce end-to-end training time and costs.