The company, which is founded by an Israeli entrepreneur, is working to consolidate specialized hardware from multiple vendors.
After two years of blood, sweat, and infinite photo storage, the company can no longer sustain itself and is going under.
VMware will need to beat out a number of fast-growing storage upstarts, or it could lose its grip on the virtualization market.
The flash memory company today filed for a public offering of up to $172.5 million in common stock.
Cleversafe, a provider of low-cost data storage products, has raised $55 million, which will help it further reach out to big data and cloud-focused businesses.
David Flynn’s next move? A new startup, Primary Data, which will be focused on solving tricky storage problems for software companies.
Tegile Systems, a Silicon Valley company that makes hybrid storage for virtualized server and desktop environments, said it has raised $35 million in a third round of funding.
SolidFire, a maker of high-performance solid-state storage systems, has picked up $31 million in new funding and launched a new flagship storage node.
Yet another red hot “software-defined something” startup raises a large round for its technology that makes data storage more scaleable, reliable, and cost-effective.
SanDisk has agreed to acquire enterprise solid-state-drive maker Smart Storage Systems for $307 million in attempt to get more business from enterprises.
Panzura, the cloud storage company, has closed a $25 million funding round. The San Jose Calif.-based company provides faster web-based services for its corporate customers than the alternative: storage devices attached to locally-hosted servers.
Box announced that it has acquired the technology behind a mobile app called Folders.
All that’s missing are the streamers, balloons, and cheesy Best Price Ev-ah signs. Because the price competition between Google, Amazon, Microsoft, and Rackspace is heating up so fast, the cloud market could be a massive virtual used car lot.
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.
SwiftStack’s software defined storage solution can run on commodity hardware, and is cheaper than building a storage system from scratch.
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.
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.
Editor’s Pick Box CEO and co-founder Aaron Levie talks about his company’s IPO plans, its competitive standing versus Dropbox, and several upcoming new features.
The Transporter started as a Kickstarter campaign and is now backed by $6 million in venture capital.
The newest firm on Sand Hill Road is Amplify Partners, which will invest solely in IT infrastructure startups.
$800 for 23GB of usable space? The 64GB Surface Pro is a tough sell.
Big changes are afoot at VMware as it refocusses its efforts on what it knows best: infrastructure.
Enterprise storage and security business Imation has agreed to buy smaller storage provider Nexsan for $120 million in cash and stock. The deal could help Imation out of a long-standing slump.
Exablox, a stealthy startup that specializes in storing businesses’ noisy and scattered data has raised $22 million in funding. “Nearly every company has a multi-terabyte storage problem,” said Doug Brockett, the company’s CEO in an interview.
With RedShift, Amazon promises to reduce data storage costs below $1,000 per terabyte per year, a tenth the price of most data warehousing solutions.
Guest Post Everything is turning into software, and that means humans are generating vast amounts of data. Our data centers need to become much more efficient and flexible to deal with it.
Editor’s Pick Who says Black Friday has to be about consumer goods? These tech companies are offering discounts on products and services for building businesses, rather than credit card bills.
SolidFire, a promising solid-state storage maker for cloud services, has finally launched into general availability and announced its first customers after a year of relatively low-profile activity.
Michigan-based Yottabyte claims to have a cloud-based operating system to control and manage virtually anything.
Hahvahd scientists have successfully stored 70 billion copies of their own book on genetics and biology in just a gram of DNA.
DNA is a fantastic medium from a storage perspective … in fact, it’s so good that all the data the world creates in a year could theoretically fit in four grams of DNA.
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.
Storage startup wild child Backblaze rebelled against itself today and announced it has raised $5 million in funding. The company notoriously bootstrapped for years in an effort to fuel innovation and efficiency. Despite being profitable, Backblaze has pivoted its no-venture-capital policy to pursue its goal of making unlimited backup available to all PCs and Macs.
Tintri, a startup that produces flash storage appliances for virtual machines, announces today that it’s closed an oversubscribed $25 million round of funding. This is the company’s fourth funding round.
Paul Maritz is reportedly out as the chief executive of virtualization software firm VMware. After four years at the helm of VMware, Maritz is expected to be replaced by Pat Gelsinger, chief operating officer of EMC, the enterprise storage giant and parent company of VMware.
Seagate said it plans to acquire a controlling stake in Paris-based storage making LaCie for at least $186 million.