Industry News

Datacenter Wars: Cisco Prepares to Fire by Acquiring Nutanix

Cisco is actively surveying the battle landscape in the hyperconverged datacenter market. Mr. John Chambers, Cisco’s soon-to-be-retired CEO, will fire one last major barrage in the Datacenter Wars saga before retiring to be Cisco’s executive chairman and thus a battlefield overseer.

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Illumio Raises $100M More For Enterprise Security That Goes Beyond The Firewall

In the latest development, Illumio — a startup that aims to secure enterprise computing environments beyond their firewall perimeters by covering processes and applications in data centers and public and private clouds — is today announcing that it has raised another $100 million.

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HP buys SDN specialist ConteXtream

HP has acquired software-defined networking (SDN) specialist ConteXtream to complement its network function virtualization (NFV) offerings. ConteXtream provides an SDN (software defined networking) fabric controller based on OpenDaylight and on the IETF network virtualization overlay (NVO3) architecture.

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EMC To Buy Virtustream for $1.2 Billion in Cash

The acquisition represents a transformational element of EMC’s strategy to help customers move all applications to cloud-based IT environments. With the addition of Virtustream, EMC completes a comprehensive hybrid cloud portfolio to support all applications, all workloads and all cloud models.

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Acquisition of Amplidata by HGST Completed

Western Digital Corp. announced that HGST, Inc. has completed the acquisition of Amplidata NV, a privately-held developer of object storage software for public and private cloud data centers.

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Sqrrl Launches Linked Data Analysis Platform, with $7M in New Funding

Sqrrl, the Big Data Analytics company that develops software to uncover hidden patterns, trends, and links in data, has announced the launch of Sqrrl Enterprise 2.0. The release of Sqrrl Enterprise 2.0 coincides with securing $7M of Series B financing, led by Rally Ventures and with participation by existing investors, Atlas Venture and Matrix Partners.

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Axcient Raises $25 Million to Fuel Corporate Growth

Axcient, the leader in cloud-based Recovery-as-a-Service (RaaS), today announced $25 million in funding, further validating the demand for its powerfully simple Business Recovery Cloud platform. Analysts expect the RaaS market to explode over the next several years, projecting compound annual growth of 56 percent, and Axcient is the recognized leader by top industry analysts.

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 Qumulo Raises $40 Million in Series B, Total at $67 Million

The funding was led by Kleiner Perkins Caufield & Byers (KPCB) with participation from existing investors Highland Capital Partners, Madrona Venture Group and Valhalla Partners.

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 Kaminario snares another $15 million in funding

All-flash array startups remain a hot target for investors. Kaminario announced today an additional $15 million in funding, raising the company’s overall total to $143 million since 2008.

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 CloudBees Raises $23.5M Funding Round Led By Lightspeed Venture Partners

CloudBees, a service that focuses on providing enterprise solutions around the open-source Jenkins continuous integration engine, today announced that it has raised a $23.5 million Series D funding round led by previous investor Lightspeed Venture Partners.

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HGST Acquired Skyera, Inc.

Western Digital® Corp. (NASDAQ: WDC) and HGST announced today that HGST has completed an all-cash acquisition of Skyera, a developer of solid-state storage systems for scale-out cloud and enterprise data centers. Terms of the transaction were not disclosed. Skyera will be fully integrated into HGST, a wholly owned subsidiary of Western Digital Corp.

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 All 2014 M&As in Worldwide Storage Industry

Merger and acquisition trends in the worldwide storage industry, which has allowed us the proper perspective from which to gauge the evolution over time.

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 Most Popular Storage News in 2014

Below are the top 16 most popular storage news in 2014 classified by the number of visitors – more than 4,000.

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 CipherCloud Closes $50 Million in Financing to Extend Cloud Security Leadership

CipherCloud, the leader in cloud visibility and data protection, today announced a $50 million round of financing. Transamerica Ventures led the round, joined by Delta Partners, and existing investors Andreessen Horowitz and T-Venture, the venture capital arm of Deutsche Telekom.

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 100 TB HDDs and A New Spin on Storage

At the recent Magnetism and Magnetic Materials (MMM) Conference, put on by the IEEE Magnetics Society and the American Physical Society, several speakers spoke about advances in hard disk drive technology and Spin-based non-volatile memory devices.

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 EMC ‘Doubles Down’ on OpenStack

EMC is paving the way to the 3rd Platform of computing by focusing on the growing momentum in the OpenStack market.
Recently IDC projected that by 2020, 3rd platform applications will be driving nearly 100% of IT growth, with many new workloads running on and leveraging Open Source technologies.

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 Skyera Crams 136TB Flash Capacity Into 1U Box

All-NAND flash storage array maker Skyera is pretty good about finding ways to cram a lot of capacity into a flat, pizza box-type form factor. Two years ago, the San Jose, Calif.-based company offered 44TB into one of those; last year it shoehorned 72TB into the same size box.

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SolidFire Receives Highest Score for SSD Arrays by Gartner

SolidFire, Inc. announced that Gartner, Inc. has given the company the highest scores for Overall Flash Use Case, as well as for the report’s High-Performance Computing and Analytics use cases, in Gartner’s 2014 Critical Capabilities for Solid-State Arrays Report.

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SwiftStack Gets $16M to Make Open Source Software-Defined Storage Easy for Enterprises

SwiftStack wants to make open source storage software work really well on commodity hardware, says founder and CEO Joe Arnold, whose OpenStack Swift-based software-defined storage company recently raised a $16 million Series B funding round.

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NetApp buys Riverbed Technology’s Steelstore business

NetApp is buying the SteelStore product line from Riverbed Technology for $80 million in a bid to expand the flexibility of its data backup and protection services.

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Lucid Technology into All-Flash NAS

Lucid Technology, Inc., provider of NAS/SAN unified storage solutions, introduced an all-flash storage array to enable cost effective application performance acceleration.

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Spin Transfer Technologies Raises $70 Million After $36 Million in 2012

Spin Transfer Technologies, Inc. (STT), a leading developer of breakthrough Orthogonal Spin Transfer Magneto-Resistive Random Access Memory technology (OST-MRAM™, announced that it has successfully raised $70 million to accelerate commercial development.

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Israel storage company Reduxio raises funds from Seagate, Intel

Reduxio Systems, the next-generation hyper-efficient hybrid storage innovator, announced that it has closed a $15 million Series B funding, led by Seagate Technology plc (NASDAQ: STX), a world leader in storage solutions, and joined by existing investors Jerusalem Venture Partners (JVP), Carmel Ventures and Intel Capital.

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SolidFire Raises $82M for All-Flash Storage

SolidFire, a Boulder, Colo.-based provider of flash data storage systems, announced on October 7 that it had closed on a Series D round of funding worth $82 million. To date, the company has raised $150 million.

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Barracuda Networks Buys C2C, Rolls Out New Products

Barracuda launched a new product and service initiative called Data Protection Plus, which uses converged storage package to enable users to access, retain and share business data from any location using any type of connected device.

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WW Storage Software Market Revenue Increased 6% From 2Q13 to 2Q14 – IDC

Data Protection & Recovery software  sales were up 10.2% year over year to $1.45 billion in sales. Sales of Storage Infrastructure Software were up 10.8% year over year to $448 million. And Storage & Device Management Software sales were up 4.1% year over year to $708 million.

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