Data Storage

  • Commvault pick up Cisco, HP vet to lead WW channel

      Commvault has announced the appointment of former Cisco and HPE executive Wenceslao Lada as VP of worldwide alliances. Lada, who spent 20 years at HPE in both Europe and the U.S. and a further seven years at Cisco, will join a team at Commvault charged with building the vendor’s current alliances, while working on new partnerships with cloud providers and other tech leaders, Commvault said. Related articles   In today’s announcement, Lada noted that Commvault partners had indicated improvements…

  • OpenSDS Project Issues First Release for Software-Defined Storage

    The Linux Foundation is hosting a little-known open source project that’s doing software-defined storage. The OpenSDS project officially launched with the Linux Foundation in November 2016. And it recently issued its first code release — Aruba. The impetus of the project was to bring together different companies to collaborate on an open storage platform, said Steven Tan, chairman of the OpenSDS technical steering committee and CTO of cloud storage solutions at Huawei. There are so many open source projects for…

  • Mellanox Fiscal 2Q18 Financial Results

    (in $ million) 2Q17 2Q18 6 mo. 17 6 mo. 18 Revenue 212.0 268.5 400.6 519.5 Growth 27% 30% Net income (loss) (8.0) 16.5 (20.2) 54.4 Mellanox Technologies, Ltd. announced financial results for its second quarter 2018 ended June 30, 2018. “Mellanox has achieved another record financial performance in the second quarter 2018. Our strong revenue growth reflects years of investment in 25Gb/s and above Ethernet and IB technologies. Our record profitability demonstrates the leverage we are producing in the…

  • Why blockchain data storage is more secure than the cloud

    Each day seem to bring a new story on a data security breach or unfortunate hacking. One solution is to use a blockchain data storage, which is more secure than a typical cloud that gets stored on a centralized database. Blockchain has a few advantages over the traditional cloud data storage as the technology makes it so that hackers are not able to target blockchain storage accounts as easily or invisibly. It is also difficult for a potential hacker to…

  • Cohesity Raises $250 Million, Highest Round Since 2015 Among Storage Start-Ups

    Cohesity, Inc. raised $250 million in an oversubscribed Series D funding round led by the SoftBank Vision Fund with strong participation from strategic investors Cisco Investments, Hewlett Packard Enterprise, and Morgan Stanley Expansion Capital, along with early investor Sequoia Capital and others. The investment is a testament to Cohesity’s leadership in transforming data center and cloud operations with web-scale simplicity for secondary data. This round brings total equity raised to $410 million, outpacing all other series D enterprise software investments…

  • Igneous Systems Announces Two Executive Hires

    Allison Armstrong joins Igneous as VP, Marketing and Anna Mowry joins as VP, Finance and Operations as company enters next phase of growth SEATTLE, WA – Igneous Systems, which designed the industry’s first secondary storage for massive file systems, today announced recent additions to its executive team in the wake of its January Series-B venture capital financing round.  Anna Mowry was named Vice President of Finance and Operations, and Allison Armstrong was named Vice President of Marketing. “Our early successes…

  • Does the brain store information in discrete or analog form?

    Article Topper: Standard (text only topper) Rewriting Life Does the brain store information in discrete or analog form? New evidence in favor of a discrete form of data storage could change the way we understand the brain and the devices we build to interface with it. For engineers, the question of whether to store information in analog or discrete form is easy to answer. Discrete data storage has clear advantages, not least of which is that it is much more…

  • Why Hyperconverged Storage is Gaining Adoption

    Why Hyperconverged Storage is Gaining Adoption Hyperconverged storage has become a key factor in enterprise data storage. The trend toward hyperconverged storage is causing technology leaders to rethink their data storage strategies. It enables enterprises to support agile development cycles, streamline IT management and bring their storage, compute, virtualization and networking initiatives into tighter alignment. Its growing popularity also spells good news for vendors that have hopped on the bandwagon early. Shifting to a hyperconverged infrastructure from a traditional server…

  • NAND Flash Prices to Decline

    The NAND flash market has witnessed a slight oversupply in 1Q18. The growth momentum remains weak in 2Q18 although the demand increases, according to DRAMeXchange, a division of TrendForce. It is expected that the slight oversupply in NAND flash market will remain and the prices will continue to decline. In the 2H18, the overall demand will increase due to the peak season. Demand in channel markets will also recover because of the lower prices. The growths in average NAND flash content per box for…

  • SoftBank is in talks to invest in data storage company Cohesity

    SoftBank’s Vision Fund is in late talks to fund a hot data-storage company, Cohesity, in a deal that would value the company at about $1 billion. Investors would place at least $150 million into the company, people familiar with the matter say, in what would be the latest romp on a deal spree by the massive technology investing firm. The Vision Fund-led round is still in the process of closing, the people said, and the numbers could change slightly. Cohesity…

  • 10 hot storage companies to watch

    Innovations such as software-defined storage (SDS), hyper-converged infrastructures (HCI), and blockchain have investors flocking to enterprise storage startups, and this market shows no signs of slowing down. Collectively, the 10 startups featured in this roundup have raised more than $736 million in VC funding. This total is even more impressive when you factor in two startups not included in that calculation. One of them is entirely self-funded, while the other has a unique business model and an equally unique source…

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