Sunday December 22, 2024

Hybrid Storage Provider Egnyte Turns To Google’s Cloud To House Future Customer Data

 Egnyte, a company that sells a hybrid storage solution that includes a cloud-based component, is turning to another provider to help house its growing set of customer data: Google. Why might a cloud company turn to another cloud provider to host its data? Google, through its Google Ventures arm, is an investor in Egnyte, making […]

Microsoft Azure Gets New Tools For Hybrid Clouds And Simplified Cloud Storage Service For Businesses

 Today is a big day for Microsoft. It’s making a large number of announcements around its developer tools at its enterprise-centric TechEd event in Houston today and in addition, it is also bringing a number of new features to its Azure cloud computing services. Among these are the general availability of Azure ExpressRoute for creating private […]

Cloud Storage Startup Tresorit Raises $3M To Put Security Spotlight On Dropbox, Box And Others

 Swiss-Hungarian startup Tresorit is a cloud-storage solution it claims one-ups the likes of Dropbox and Box in terms of security and privacy because it employs end-to-end encryption, meaning that you — and only you — have access to the “keys” needed to access your files. And, according to the company, without losing the convenience of […]

Red Hat Buys Inktank For $175M In Cash To Beef Up Its Cloud Storage Offerings

 Red Hat, the open source software provider, is squaring up to Amazon in the storage market. It has just announced that it is buying Inktank, a developer of open-source storage systems, for $175 million in cash. Red Hat says it will combine Inktank’s primary product, Inktank Ceph Enterprise, with its own GlusterFS-based storage offering. Red […]

Pure Storage CEO Says $225M Round Gives It Flexibility And R&D Runway

 Pure Storage, a company that has pioneered a way to deliver solid state disk performance for a mechanical disk price, announced today it has received $225 million in Series F venture funding at a valuation of $3 billion. Those are impressive numbers, but it doesn’t stop there. According to company president David Hatfield, Pure Storage […]

Dropbox’s Cloud Storage Kings Drew Houston And Arash Ferdowsi Win Founder Of The Year Crunchie

You know you’re doing something right when Silicon Valley rock stars are ditching cushy jobs at Google and Facebook to join your startup. This year’s Founder Of The Year Crunchie goes to the talent magnets at Dropbox, CEO Drew Houston and CTO Arash Ferdowsi. From an MIT dorm room to rejecting huge acquisition offers and […]

No IPO Yet, Storage Provider Nutanix Raises Another $101M At A $1 Billion Valuation

Nutanix has raised $101 million in a Series D round and is boasting of a $1 billion market capitalization. But the fast-growing enterprise storage company is not planning to pursue an IPO any time soon even though it has been hinting at one since 2012 when it raised $33 million. The company will now wait until it […]

Google Cloud Storage Connector For Hadoop Launches As Data Analytics Becomes A Priority For Cloud Providers

Google Cloud Storage has long had the ability to run Hadoop so developers can do advanced analytics on its distributed computing platform. Today, Google is attempting to simplify this process with a new connector that the company says makes it easier to run Hadoop on the Google Cloud Platform. The Google Cloud Storage connector for Hadoop manages the cluster […]

Nimble Storage Expected To Raise $168M On NYSE After Setting Stock Price At $21 Per Share

Nimble Storage will make its debut tomorrow on the New York Stock Exchange at an opening price of $21 per share. The hybrid storage provider will offer 8 million shares and raise an expected $168 million. The company had previously filed to offer the same number of shares at a range of $16 to $18. The […]

Dell Ventures Launches $300M Fund And Inks Deal With Dropbox, Showing Deeper Focus On Storage

Dell Ventures has announced a $300 million “Strategic Innovation” venture fund to invest in startups that have a focus on areas, such as storage, next-generation data-center technology and mobile. The deal follows the company’s news today of a global sales relationship with Dropbox. The two pieces of news together show Dell’s deepening focus on storage […]