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 […]
Posted on September 28th, 2011 by admin
Filed under: Uncategorized | No Comments »
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 […]
Posted on August 17th, 2011 by admin
Filed under: Uncategorized | No Comments »
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 […]
Posted on July 23rd, 2011 by admin
Filed under: Uncategorized | No Comments »
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 […]
Posted on June 30th, 2011 by admin
Filed under: Uncategorized | 1 Comment »
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 […]
Posted on June 29th, 2011 by admin
Filed under: Uncategorized | 1 Comment »
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, […]
Posted on June 15th, 2011 by admin
Filed under: Uncategorized | No Comments »
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 […]
Posted on June 14th, 2011 by admin
Filed under: Uncategorized | No Comments »
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, […]
Posted on May 2nd, 2011 by admin
Filed under: Uncategorized | 238 Comments »
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
Posted on February 25th, 2011 by admin
Filed under: Uncategorized | 259 Comments »
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 […]
Posted on December 14th, 2010 by admin
Filed under: Uncategorized | 261 Comments »
