How does a startup get $47.5 million in funding in today’s economy?
“By being a leader in a pretty hot sector,” says David Flynn, CTO and one of the founders of Fusion-io, which closed its whopping Series B round today.
That hot sector is flash technology, which is rapidly...
Isilon Systems finally took Wall Street’s advice about slashing staff today, revealing it would reduce its worldwide workforce by approximately 10%.
Isilon had 394 employees at the end of 2008. The clustered NAS vendor is also changing its chief of sales, brining in NetApp and Quantum...
3PAR’s new F Class midrange systems that launched today look a lot like its T-Class enterprise systems, only smaller. So the F-Class inherits its share of enterprise features as well as the gap in the T-Class platform
The enterprise features includes the ability to scale to four...
Double-Take is consolidating its server-based replication, TimeData CDP, GeoGluster software for Microsoft stretched clusters, LiveWire bare-metal restor, and emBoot's netboot iSCSI boot-from-SAN and sanFly iSCSI target products into four titles:
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(0:25) IDC expects greater declines in storage spending
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EMCers are talking up their SourceOne archiving platform today, and their rivals at Symantec are doing the same. But while EMC extols the virtues of its EmailXtender replacement, Symantec is giving...
As we reported yesterday, Aptare Inc. upgraded and expanded its StorageConsole storage resource management (SRM) suite this week, adding products to manage resources in VMware virtual server and...
UPDATED
Rackable Systems acquired he assets of high-performance computing (HPC) systems vendor Silicon Graphics Inc. (SGI) for just $25 million today, coinciding with SGI's filing for Chapter 11 bankruptcy
According to a press release put out by