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April 17, 2018  8:08 AM

Scality Rings bell on $60 million funding round

Dave Raffo Dave Raffo Profile: Dave Raffo
Storage

With a fresh $60 million in funding, Scality CEO Jerome Lecat said he expects the object storage vendor to become profitable within two years. Scality, which launched its

April 12, 2018  10:02 AM

OwnBackup lands $15.5M to fund further SaaS backup

Paul Crocetti Paul Crocetti Profile: Paul Crocetti
Storage

OwnBackup closed its largest funding round to date and will use it to propel product work and double employee headcount, the cloud-to-cloud backup and restore vendor said today. The $15.5 million round of financing brings OwnBackup's funding total up to $26 million. New investor Vertex Ventures...


April 5, 2018  1:35 PM

IDC: Dell No. 1 in CI, HCI revenue

Dave Raffo Dave Raffo Profile: Dave Raffo
Storage

Dell won the trifecta in the latest IDC Quarterly Converged Tracker report. Dell Technologies-owned technology led market share across the board in converged and hyper-converged systems, according to IDC’s fourth-quarter numbers. IDC shows Dell EMC leading the market in converged and...


March 28, 2018  8:10 AM

HYCU software becomes independent company

Dave Raffo Dave Raffo Profile: Dave Raffo
Storage

Nine months ago, Comtrade Software launched HYCU software designed specifically to back up Nutanix hyper-converged systems. Now Comtrade Software has become HYCU. Comtrade Software today officially rebranded as HYCU (haiku), a company dedicated to developing and selling


March 5, 2018  8:00 AM

Imanis Data pulls in $13.5 million for databases protection

Sonia Lelii Sonia Lelii Profile: Sonia Lelii
Storage

Imanis Data raised $13.5 million in a series B funding round and hired a new CEO as it aims to grow its business to protect next-generation NoSQL databases. The Imanis Data Management Suite protects


March 2, 2018  11:27 AM

Nutanix CEO: Next, we’ll hyper-converged clouds

Dave Raffo Dave Raffo Profile: Dave Raffo
Storage

Nutanix, recently recognized by Gartner as the hyper-convergence leader in the data center, wants to hyper-converge clouds over the next few years. Nutanix continued its strong...


March 1, 2018  7:29 AM

Komprise NAS migration leaves no data behind

Carol Sliwa Carol Sliwa Profile: Carol Sliwa
Storage

Startup Komprise added NAS migration to its list of data management features in the new 2.7 release of its software. Komprise Intelligent Data Management customers can now migrate from one NAS system to another NAS system, leaving no data behind on the source filer. The new feature targets...


February 28, 2018  11:38 AM

IT resiliency report: Downtime holding businesses up

Paul Crocetti Paul Crocetti Profile: Paul Crocetti
Storage

The intro to a recent IT resiliency report asks the question: "Is IT turbulence the new norm?" In a year marred by ransomware attacks large and small, catastrophic natural...


February 23, 2018  9:33 AM

More Nimble, HPE storage revenue jumps 24%

Dave Raffo Dave Raffo Profile: Dave Raffo
Storage

Hewlett Packard Enterprise storage sales rebounded last quarter, thanks to the addition of Nimble Storage and an improvement of the 3PAR SAN platform. HPE storage revenue of $948 million grew 24% year-over-year last quarter. That’s not quite as impressive as it sounds, because most of that...


February 15, 2018  10:48 AM

NetApp cloud-flash pivot brings cheers

Garry Kranz Garry Kranz Profile: Garry Kranz
Storage

NetApp attributed strong product revenue growth last quarter in part to two-a-days – it’s averaging two displacements of rivals’ all-flash SAN systems every day. Success in NetApp cloud and flash sales fueled a strong quarter, as revenue increased eight percent year-over-year to $1.52...


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