Data storage company Scale Computing, which provides clustered storage infrastructure for small and medium-sized companies, has closed a $12 million Series D funding round, led by Heron Capital Venture Fund. Reservoir Venture Partners also contributed to this round as a new investor, joining existing investors — including: Allos Ventures, CID Equity Capital, Spring Mill Venture Fund, Northgate Capital, […]
Posted on October 26th, 2012 by admin
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IBM has acquired Butterfly Software, a privately held data analysis and migration software company headquartered in Maidenhead, England. Financial terms were not disclosed. Butterfly’s main feature is its ability to migrate data center infrastructures. According to the company website, it focuses on lowering the cost and risk of maintaining legacy storage and backup & recovery […]
Posted on September 25th, 2012 by admin
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Last week during TC Disrupt Salesforce’s CEO Marc Benioff referred to how the company was planning a Box-style competitor called Chatterbox. Today, the company has officially announced it. It is name-dropping Dropbox in its promotional description, calling it “The Dropbox for the Enterprise”, as part of its bigger push into cloud services and “consumerizing” enterprise […]
Posted on September 22nd, 2012 by admin
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Inktank has raised $1 million in the form of a convertible note from Canonical Founder Mark Shuttleworth to further services play for Ceph — an open source, next-generation, distributed storage technology. Inktank is led by DreamHost Co-Founder Sage Weil, who formed the company after developing Ceph over the past several years, starting with his work […]
Posted on September 11th, 2012 by admin
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If we’ve said it once, we’ll say it again. Many startups and businesses have sought the Holy Grail of collaboration/task management software — in other words, offering a product that’s flexible, intuitive, reliable and affordable enough to gobble market share like Cookie Monster — and many have fallen short. There’s plenty of opportunity left for […]
Posted on September 6th, 2012 by admin
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Nutanix has raised $33 million in a Series C funding round. The investment comes from investors Lightspeed Venture Partners and Khosla Ventures along with new investors Battery Ventures and Goldman Sachs. The round gives Nutanix a total of $71 million in funding and positions the company for a potential IPO. Nutanix plays in the software […]
Posted on August 22nd, 2012 by admin
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Egnyte has raised $16 million from Google Ventures for its cloud file storage solution. Existing investors Kleiner Perkins Caufield & Byers and Polaris Ventures also participated in the Series C round. Egnyte provides a service that stores documents in a cloud environment with the file appearing on the desktop with shared and private folders. For instance, […]
Posted on July 17th, 2012 by admin
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Lightspeed Venture Partners has had a phenomenal run in the next generation storage market. In the past 12 to 14 months, four of its portfolio companies have been acquired and one has gone to IPO. Here they are: XtremIO sold in May to EMC for an estimated $430 million. In June, SK Hynix said it will acquire […]
Posted on July 14th, 2012 by admin
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Gluster was founded in 2005 to productize their eponymous global distributed filesystem, GlusterFS. As an all-software solution for storing immense quantities of distributed and replicated data, it quickly caught the eye of many working with big data including Red Hat, who purchased the company late last year. Yesterday at Red Hat Summit, Red Hat officially […]
Posted on June 30th, 2012 by admin
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Cloud storage platform Box has long offered a web-based app directory that includes apps for services like Salesforce, and others that enhance the storage platform’s capabilities. And last year the company launched a platform for developers building off of the Box platform, called the Box Innovation Network (/bin). Today, Box is taking development and its […]
Posted on March 28th, 2012 by admin
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