ParaScale Inc., a Cupertino, Calif.-based provider of cloud storage software, has raised $11.37 million in Series A funding.  Parascale (”Parallel Scalability”) was founded in 2004 on the premise that advances in computer hardware over the past ten years make possible better solutions for file storage, management, and distribution. Better means solutions that are more reliable, […]
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ONStor Inc. has a commitment of $25 million for shares of preferred stock, deliverable in two tranches. The first, comprising $14.8 million, has been delivered; the rest will come sometime later this year. ONStor, a clustered NAS storage solutions vendor for the enterprise which competes primarily with the likes of NetApp and Isilon, boasted 100 […]
Storwize Inc., the leader in primary storage data compression solutions, today announced it has successfully closed $19 million in funding. Storwize, Inc. is the leader provider of real-time data compression solutions that dramatically boost storage space on network storage environments. The Storwize appliance provides organizations with additional capacity and associated savings in capital, operational, maintenance […]
Gear6 Inc., accelerating I/O for real time application performance, today announced it has secured a $10 million dollar financing round. Centralized storage caching is rapidly emerging as the most simple and cost-effective way to increase data center application performance while dramatically reducing total storage costs. Gear6 delivers scalable, centralized storage caching solutions that dramatically improve […]
Secretive startup NextIO Inc. has clinched $18.8 million in Series C funding as it plans to unveil its first I/O virtualization products linking servers and storage. The Austin, Texas-based startup, which is backed by Dell, has developed what it describes as a PCI-Express I/O virtualization switch. This can be deployed either as a blade or […]
agámi Systems, Inc., an industry leader in delivering enterprise-class unified storage systems with live file system replication and breakthrough operational performance and TCO, today announced that it has currently closed $45 million in Series C financing. Formed in 2003, agámi Systems is the leading provider of enterprise network storage systems with integrated live file system […]
Atrato Inc. has raised $18 million in VC funding. Based in Westminster, Colorado, Atrato Inc.’s (www.atrato-Inc.com) mission is to help companies in entertainment, the Web, IPTV, HPC and VOD open up infinite new worlds of content for customers by offering them high-speed, high volume data access. Atrato’s high-density storage system with integrated data acceleration does […]
Xiotech announced it has completed an investment round in excess of $40 million. Xiotech is a leading provider of data storage and business continuity solutions to midsized organizations. Xiotech’s easy-to-use, reliable and adaptable data storage and data protection solutions minimize risk, maximize value and provide organizations with a low total cost of ownership. Xiotech’s Magnitude® […]
Seanodes raises $6.5m. Seanodes’ products convert unused internal disks and Direct Attached Storage (DAS) into a shared storage array - Shared Internal Storage (SIS). Storage investments can be drastically reduced as Shared Internal Storage allows users to utilize underused disks. This is especially true in [Linux] clusters, blade server and commoditized server architectures.
Nirvanix, Inc, provider of the first storage delivery service optimized for media applications, has closed a $12 million equity financing round Nirvanix was founded by a team of storage and content delivery veterans from EMC, Brocade, McDATA, Apple, Intel, Microsoft, and Yahoo who recognized the need for a scalable storage service that would power the […]
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