Storage Soup:

September, 2012

September 10, 2012  7:54 PM

Nimble raises $40.7 million in funding, eyes IPO

Sonia Lelii Sonia Lelii Profile: Sonia Lelii

Nimble Storage has raised $40.7 million in a mezzanine round of funding, bringing its total investment  to $98 million as it prepares for a potential initial public offering (IPO).  The vendor, a developer of hybrid flash and hard drive arrays, aims to use the money to grow its employee...

September 10, 2012  8:41 AM

Ten-year storage systems bring tremendous benefits

Randy Kerns Randy Kerns Profile: Randy Kerns

Thanks to solid-state technology, the lifespan of advanced storage systems is taking a step-function increase. This advance will bring a great cost benefit to IT operations.

September 7, 2012  8:17 AM

EMC says Tucci will stay into 2015

Dave Raffo Dave Raffo Profile: Dave Raffo

Joe Tucci is in no hurry to move into his long-discussed retirement, and the rest of EMC’s board is also reluctant to let him go. During a week in which the Democratic party worked to convince U.S. voters to give Barack Obama four more years as president, EMC decided to extend Tucci’s...

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