Blackstone completed a $100m investment in Cloudinary.

Blackstone, an alternative asset manager, completed a $100m investment in Cloudinary, a SaaS technology company. Financial terms were not disclosed “Remarkably, and somewhat quietly behind the scenes, Cloudinary powers the websites and apps that millions engage with every day. We are very excited to support the next phase of growth for this tremendous company which is playing a critical role as more and more businesses emphasize digital media and their online experiences,” Ramzi Ramsey, Blackstone Growth Managing Director.