David Flynn’s next move? A new startup, Primary Data, which will be focused on solving tricky storage problems for software companies.
Both CEO David Flynn and chief marketing officer Rick White are leaving Fusion-io to become startup investors.
Fusion-io had just reported earnings earlier today, announcing $87.7 million in quarterly revenue with a net loss of $20 million, and a drop from last quarter of 27 percent and from the previous year’s quarter of seven percent.
The only things on the rise were net loss, which totaled $20 million for the quarter, up from $4.7 million the quarter before, and headcount, with 36 new employees taking checks from Fusion-io.
Fusion-io, a leader in solid-state storage devices for high-volume datacenters, has acquired ID7, a maker of an open-source software-defined storage subsystem.
Flash storage business Fusion-io has launched its new ioScale product line, which promises to make all-flash-memory data centers a more feasible proposition for companies.
Apple co-founder and Fusion.io chief scientist Steve Wozniak said last night during a Q&A that dependence on the cloud is setting us up for “horrible problems.”
Woz celebrates a birthday and Fusion-io launches a new product.
EMC Corp is in the final stages of buying flash-memory storage company XtremIO for $400 million, a VentureBeat source has confirmed. The deal is the latest sign that the flash storage market is red hot, and it could spur other deals as other big players rush to bolster their own offerings.
[vimeo 34696050 w=640 h=360] Chances are, if reading tech blogs is what you do with your Saturday, you’re gonna love this video.
[youtube=http://www.youtube.com/watch?v=hCTzXGmhS2Y&w=560&h=345] How do you sex up an input-output system that will blow away data center bottle necks? Have Verne Troyer announce it at a groovy DEMO party with drink serving go-go girls!
I’m delighted to announce that Leonard Nimoy will joining us at our special event tomorrow that focuses on technology innovation that is hitting the enterprise.
VentureBeat, as mentioned, is kicking off 2012 by co-hosting a special event in San Francisco on January 5, focused on disruption in the enterprise.
We are thrilled to announce that VentureBeat will be kicking off 2012 by co-hosting a special event in San Francisco on January 5, focused ostensibly on disruption in the enterprise. But one of the real reasons we’re doing this is to throw a massive holiday party.
The demand for accessing data keeps going up and up. That’s why Fusion-io has grown quickly by selling flash-based memory systems for data center servers. Today the company is introducing its second-generation ioMemory products to double its performance.
Continued uncertainty about financial stability in Europe and a government deadlock in the United States struck publicly-traded equities on Thursday, sending the tech-heavy NASDAQ index down 3.3 percent and below a technical level of support that might indicate future weakness.
Fusion-io, a flash storage company, announced its latest product ioCache, a virtualization solution that ties into the company’s focus on data center efficiency.
It’s day two of complete market mayhem. Has the chaos closed the window for companies looking to file for an initial public offering?