Fusion-io scoops up ID7, a software-defined storage pioneer

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.

Storage startup SwiftStack gets $6.1M to take on EMC and NetApp

SwiftStack's software defined storage solution can run on commodity hardware, and is cheaper than building a storage system from scratch.

Nexenta pulls in $24M to realize its vision for a software-defined data center

A software defined storage startup called Nexenta has closed a $24 million funding round, proving that storage is increasingly an area of focus for IT.