Parascale raises $11.37M to help companies control their storage destiny

Parascale raises $11.37M to help companies control their storage destiny

A startup called Parascale is preparing to launch software that chief executive Sajai Krishanan says will help media companies deal with ever-increasing storage needs. The company has just raised $11.37 in its first round of venture backing.

Computing and storage in the Internet “cloud” are hot right now, with big players like Amazon and Google offering their own cloud services. There are even startups like RightScale (which raised $4.5 million from Benchmark Capital in April) providing… Continue Reading