Monday December 23, 2024

Cloud Storage Platform Box.net Raises $50 Million From Salesforce And Others

Cloud storage platform Box.net has raised a whopping $50 million in new funding with participation from CRM giant Salesforce.com. Past investors also participated in the round, as well as new ‘strategic partners’, who will be revealed soon. Box’s past investors include Andreessen Horowitz, Draper Fisher Jurvetson, Emergence Capital Partners, Meritech Capital Partners, Scale Venture Partners […]

SEC Watch: Cloud Storage Startup Box.net Raises $18.6 Million More

Box.net has raised $18.6 million out of a $35 million round according to an SEC filing. We’ve confirmed this with the company. This brings Box’s total funding to $96 million. Box, which has 6 million users and stores 300 million documents, is a cloud storage platform for the enterprise that comes with collaboration, social and […]

BackBlaze Presents Their Bare-Bones, $7348, 135TB Storage Pod For Backup On The Cheap

We covered BackBlaze’s cloud-based backup system way back in 2008, when $5 for unlimited storage must have sounded like a Christmas present. Since then the business has matured somewhat, but one thing they nailed that perhaps has become more important is scaling the hardware. With cloud backup and media services firing on all cylinders, data […]

Oracle Acquires Larry Ellison-Backed Storage Company Pillar Data Systems

Oracle this morning announced that it has agreed to buy Pillar Data Systems, a privately-held provider of SAN Block I/O storage systems based in San Jose, California, which is said to serve nearly 600 customers across 24 countries. Financial terms of the acquisition were not disclosed. An interesting purchase, particularly since Pillar Data Systems is […]

Big Data Storage Startup Basho Nabs $7.5M (And Accenture CTO Don Rippert)

Basho Technologies, a data storage and management software startup serving the enterprise market, this morning announced that it has raised $7.5 million in Series D funding. In addition, Basho announced that its board of directors has named Donald J. Rippert, long time CTO of Accenture, as the company’s new president and chief executive officer. In […]

Tintri Lands Another $18M For Storage Appliance For Virtual Machines

Tintri, which market storage solutions purpose-built for virtual machines (VMs), has raised $18 million in Series C funding. The extra capital comes from existing backers NEA and Lightspeed Venture Partners and comes roughly 3 months after Tintri raised $17 million in Series A + B funding. The company just launched its “VM-aware” storage appliance, VMstore, […]

Pure Storage Raises $28 Million, Says Flash Will Disrupt Enterprise Storage

According to this SEC filing, Pure Storage has raised another $28 million in venture capital, adding to the $25 million it has raised over the past few years. And the company’s solution is still in private beta testing. The SEC filing includes names of two management team members, founder and CTO John “Coz” Colgrove and […]

SSD Storage Company Kaminario Raises $15 Million

Kaminario, a provider of SSD storage products, this morning announced that it has secured $15 million in Series C financing. Existing backers Sequoia and Pitango were joined this time by new investor Globespan Capital Partners, whose managing director Venky Ganesan will take a seat on Kaminario’s board. Founded in 2008 and headquartered in Boston, Massachusetts, […]

Scality Raises $7 Million For Enterprise Cloud Storage System

Fresh off the heels of Box.net raising $48 million, cloud storage startup Scality is set to announce next week that they’ve raised $7 million in Series B funding. The round was led by IdInvest Partners (formerly AGF Private Equity), with previous backers CAPE, Galileo and Scality CEO Jerome Lecat chipping in. Tweet This Post

Confirmed: Dell Buys Storage Company Compellent For $820 Million In Cash

Dell has officially announced that it aims to pick up Compellent, a provider of storage solutions with automated data management features for enterprise and cloud environments, for $27.75 per share in cash for each share of Compellent (a total equity value of approximately $960 million). The aggregate purchase price is about $820 million, net of […]