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February 6, 2015  10:25 AM

Veritas product revenue grows while Symantec shrinks

Dave Raffo Dave Raffo Profile: Dave Raffo
Backup Exec, NetBackup, Storage, Symantec, Veritas

Symantec is on track to make Veritas an operational company by October, a few months ahead of the original plan to split by the December. Symantec CEO Michael...

February 4, 2015  11:06 AM

Veeam revenues still on a roll

Dave Raffo Dave Raffo Profile: Dave Raffo
Storage

Virtualization data protection specialist Veeam Software said its 2014 bookings revenue hit $389 million, up 40 percent over the previous year. Veaam’s growth far outpaces the rest of the data protection market. EMC’s backup and data protection revenue for 2014 increased four percent and...


February 4, 2015  8:36 AM

Scale-out startup Qumulo gets $40M, prepares to launch

Dave Raffo Dave Raffo Profile: Dave Raffo
Isilon, Storage

Qumulo, the file storage startup founded by engineers who designed Isilon's clustered NAS, closed a $40 million B funding round today and plans its initial product launch “really...


February 2, 2015  5:35 PM

Quantum hopes StorNext gains can outscale tape woes

Dave Raffo Dave Raffo Profile: Dave Raffo
DXi, Quantum, Storage, StorNext

Quantum had a rough quarter revenue-wise to end 2014 because of poor tape sales, but its prospects are looking up in other areas. StorNext scale-out file system...


January 30, 2015  3:38 PM

CommVault now sees a point in smaller bundles

Dave Raffo Dave Raffo Profile: Dave Raffo
Commvault, Data protection, Storage

For years, CommVault boasted about how it sold one application that handled all data protection and management needs. That is changing, as its tries to perk up tepid financial growth in a more competitive market. CommVault CEO Bob Hammer said the one-stop shopping approach still helps with large...


January 30, 2015  3:27 PM

CloudBerry Box targets SMBs to sync and share mobile devices

Sonia Lelii Sonia Lelii Profile: Sonia Lelii
Storage

Cloudberry Lab is one of the latest to jump into the crowded file sync-and-share market. The cloud backup provider recently announced its CloudBerry Box, a private and public...


January 30, 2015  8:36 AM

EMC to lay off workers; Tucci to stay past February

Dave Raffo Dave Raffo Profile: Dave Raffo
Storage

EMC CEO and chairman Joe Tucci indicated Thursday that he will stay on after his contract expires next month. Others at EMC won’t be given that option, as the company also said it will cut jobs to reduce expenses. Tucci’s contract ends in February, which will be here next week. During...


January 27, 2015  1:57 PM

How stealthy money affects technology

Randy Kerns Randy Kerns Profile: Randy Kerns
Storage

By my count, around 70 storage start-up companies were acquired in the past year. That is quite a few acquisitions, although not as many as in some past years. A surge in acquisitions always leads to contemplation about upcoming opportunities for other companies to reach their exit goals. There...


January 23, 2015  7:14 PM

Box shares surged on the first day as a public company

Sonia Lelii Sonia Lelii Profile: Sonia Lelii
Storage

Box Inc. had an excellent coming out party as a public company today.

Box priced its initial shares at $14 Thursday. Those shares today opened at $20.20 on the New York Stock Exchange and rose to high of$24.73 before settling to $23.23 at the close. That means Box shares increased about...


January 23, 2015  4:59 PM

Kaminario snares another $15 million in funding

Carol Sliwa Carol Sliwa Profile: Carol Sliwa
Storage

All-flash array startups remain a hot target for investors.

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