Both CEO David Flynn and chief marketing officer Rick White are leaving Fusion-io to become startup investors.
Will the solid-state drive, based on flash memory chips, replace the hard disk?
The deal will help Flash memory to disrupt hard drives in enterprise data centers.
PernixData provides software to virtualize server-side flash memory. The first product will be launched in the next three months, and is aimed at large enterprises that use virtualization in their data center.
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.
Venture capitalists are clambering to fund flash storage startups, the new wave of technologies that are disrupting the traditional data center. The latest announcement comes from Virident Systems, a Milpitas, California-based company which had no trouble raising $26 million dollars in fourth round funding led by Mitsui Global Investors.
Violin Memory is adding Symantec's data management services to its storage arrays, making it easier to manage the data stored in its flash memory.
Pure Storage, a flash player that aims to disrupt the business of storage arrays, has received a $40 million fourth round of funding, led by Index Ventures.
Woz celebrates a birthday and Fusion-io launches a new product.
Micron Technology announced today it will buy bankrupt Japanese memory manufacturer Elpida Memory for $754 million in cash and $1.75 billion (140 billion yen) in company debt in annual installments through 2019.
The Boise, Idaho Micron will also pay $334 …
Seagate is one of the world’s biggest hard disk drive makers, but these days, storage is growing well beyond spinning disks. That’s why Seagate is announcing an investment and strategic agreement with Israel’s DensBits Technologies.
Under the deal, Strategic will …
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EMC said today it has acquired flash-memory storage company XtremIO, following reports two weeks ago that the deal was in the works. VentureBeat confirmed at the time that the value of the deal is around $400 million.
EMC did not …
Flash memory is hot because it runs cooler than other kinds of storage in the data center. It’s also faster and more efficient at storing frequently used data. Violin Memory is one of the companies that is benefiting from this …
Fusion-io has been mostly known as an enterprise company helping big names like Apple and Facebook to save money on their data center costs.
But today, the company is announcing its first software development kit (SDK) to provide software developers …
At VentureBeat, we come across a lot of funding news every day. In order to bring you the most information possible, we’re rounding up the quick-and-dirty details about the funding deals of the day and serving them up here in …
Violin Memory has raised $50 million in a fourth round of funding at a market value of more than $800 million, the company said today.
Mountain View, Calif.-based Violin Memory makes flash memory arrays like the one pictured above. Those …
The big shift from computers to smartphones claimed a big victim today. Elpida Memory, the big Tokyo manufacturer of dynamic random access memory chips, filed for bankruptcy protection.
The news came after a drop in memory chip prices and a …
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!
Fusion-io, announced its new auto commit memory system, which …
Showing the increasing importance of flash memory these days, Apple is said to be interested in purchasing Anobit, an Israeli company that makes specialized technology for flash memory, for somewhere between $400 million and $500 million.
If the report is …
The chip industry is expected to grow only 1.2 percent in 2011, according to a reduced forecast for the world semiconductor market by market researcher IHS.
IHS forecast in September that the world chip industry would grow 2.9 percent. The …
