Fusion-io acquires hybrid storage appliance vendor NexGen Storage for $114M

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.

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.

Storage heavyweights launch PernixData to ‘continue where VMware left off’

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.

Box CEO Aaron Levie: ‘We’d be fine to lose’ IPO race with Dropbox

Box CEO and co-founder Aaron Levie talks about his company's IPO plans, its competitive standing versus Dropbox, and several upcoming new features.

Investors open gates for ‘online but off-cloud’ storage device

The Transporter started as a Kickstarter campaign and is now backed by $6 million in venture capital.

Storage teamup: Imation buys Nexsan for $120M to reinvigorate its products

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 gets $22M to tackle your multi-terabyte storage problem

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.

Amazon launches RedShift for massive petabyte-scale data analysis in the cloud

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.

7 Black Friday deals for entrepreneurs and the enterprise

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 moves into GA, promises its SSDs will greatly speed up cloud services

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.

Yottabyte launches its ambitious OS to ‘deliver on the intent of the cloud’

Michigan-based Yottabyte claims to have a cloud-based operating system to control and manage virtually anything.

Scientists store 700 terabytes in a gram of DNA (Johnny Mnemonic, here we come)

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 nets $40M for aggressive expansion in Europe

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.

Backblaze at long last accepts $5M in venture capital fuel

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 …

Tintri raises $25M for trippy-sounding infrastructure: virtualized flash storage

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.

Storage servers are expensive pieces of infrastructure but are necessary …