Vehera LTD which trades as Storage Made Easy (SME) has closed an additional $1 million second seed round funding. The financing round was a private placement financing syndicated by IDJ Limited, a UK-based specialist advisor in international corporate finance and business services. SME, the public and private cloud start-up for secure private enterprise file sharing […]
UK Storage Made Easy Closes Second Seed Round of $1 Million
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Tintri Raises $75 Million With Total Now Reaching $135 million
Tintri, Inc. has closed an oversubscribed $75 million Series E funding round led by Insight Venture Partners, with participation from existing investors Lightspeed Venture, Menlo Ventures and NEA. The new funding brings the company's total capital raised to $135 million and puts the industry's only application-aware storage pioneer on-track for a future initial public offering. […]
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Start-Up’s Profile: TwinStrata
Company:TwinStrata, Inc. HQs:Natick, MA Date founded:2007 Financial funding:$13 million including $8 million in 2011 series B from Avalon Ventures and other angel investors. Revenue and profitability: The company doesn't do not disclose revenue but said that total 2013 bookings grew 250% from 2012. It's one of the fastest growing storage start-up in the world. Main […]
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ioSafe Raised $2.5 Million
To read this article from the Sacramento Business Journal, click on:ioSafe gets $2.5M in fundingioSafe CEO Rob Moore pours coffee on a HDD. ioSafe got $2.5 million in funding to expand its disaster proof products and to allow it to license its technology to other companies.
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Start-Up DigitalOcean in SSD Powered Cloud Raised $37.2 Million
DigitalOcean, Inc. has closed a $37.2 million series A led by Andreessen Horowitz with participation from existing investors IA Ventures and CrunchFund. The firm was started in the summer of 2011 with a mission: to make developers lives easier. It thought that the other players in the space had made IaaS too complicated. It focused […]
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Start-Up InteliSAN « Restructuring »
On the first page of the web site of InteliSAN, you can read: "InteliSAN is restructuring. Product sale is stopped." Born in 2007 and based in San Diego, CA, the start-up was involved in NAS and iSCSI SAN appliances. In May 2012, it released its most recent product, a new edition of iSCSI Add-In called […]
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uFlysoft in Brief
Company: uFlysoft studio History: Founded on August 1st, 2011, it released the first product, uFlysoft Data Recovery for Mac, on November 26th, to recover all files that are lost, deleted, formatted. uFlysoft Co., Ltd. is a web-based marketing software development company with R&D, marketing and product teams dedicated to consumer software and mobile software development. […]
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ownCloud Closes $6.3 Million Series A Funding Round
ownCloud, Inc. has closed a $6.3 million series A funding round, led by Devonshire Investors and existing investor General Catalyst Partners and joined by customers and existing angel investors. John Raguin, MD, Devonshire, will join the company's board where he previously served as a board advisor. As employees sync, share and store more and more […]
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Actifio Secures $100 Milllion, Total at $207.5 million
Actifio Inc. has secured an oversubscribed $100 milllion funding round led by Tiger Global Management, LLC, with participation from current investors North Bridge Venture Partners, Greylock Israel, Advanced Technology Ventures, Andreessen Horowitz, and Technology Crossover Ventures. Actifio will use the funds to accelerate expansion of market coverage, global brand development, and product feature enhancements in […]
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Cloudera Raises as Much as $160 Million in Just One Round
Cloudera, Inc. has closed a new round of financing of $160 million led by institutional and strategic investors. To date the company has raised $300 million in venture funding. This round was led by T. Rowe Price, along with three other public market investors, and included an investment by Google Ventures and an affiliate of […]
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Amplidata Secures $11 Million, Quantum Once More Participating
Amplidata NV has closed a venture funding round of $11 million to support and accelerate the momentum for its patented AmpliStor solution that enables customers to manage, secure, and unleash the value in the massive amounts of data they generate. This round brings the total invested capital to $33 million. Intel Capital led the round […]
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Intel Makes « Significant » Investment in Cloudera
Intel Corporation and Cloudera, Inc. announced a broad strategic technology and business collaboration, as well as a significant equity investment from Intel making it Cloudera's largest strategic shareholder and a member of its board of directors. This is Intel's single largest data center technology investment in its history. The deal will join Cloudera's enterprise analytic […]
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New US Stealthy Start-Up: eXtreme Data Storage
Founded just last March 6 and based in Orange County, CA, eXtreme Data-Storage, Inc., in stealth mode, gave to StorageNewsletter.com few information on its storage technology. "We are focusing on a new way of storage, which will highly improve user experience by increasing bandwidth, reduction of latency and taking this experience into eXtremely new levels," […]
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Crossbar Closes Series C Funding of $25 Million
Crossbar, Inc., a start-up pioneering Resistive RAM (RRAM) technology, has completed a $25 million Series C funding in an oversubscribed round. Participating in the round were Crossbar's existing investors Artiman Ventures, Kleiner Perkins Caufield & Byers, Northern Light Venture Capital and the University of Michigan. In addition, new investors included SAIF Partners, Korea Investment Partners, […]
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Evtron Getting $600,000 in Funding
To read this article from Techli St. Louis, click on:Evtron Closes $600K In Funding, Starts Delivering On PromiseSince first coming on the start-up scene in St. Louis, Evtron CEO Andrew Mayhall has generated a fair amount of press (and even a rumor of Evtron being acquired by Facebook). Read also:Storage Start-Up Evtron Out of […]
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Cloudera Wraps Up $900 Million Round, Record in History of Storage Industry
Cloudera, Inc. announced a $900 million round of financing with participation by top tier institutional and strategic investors. This financing round includes the previously-announced $160 million of funding from T. Rowe Price and three public market investors, Google Ventures, and an affiliate of MSD Capital, L.P., the private investment arm of Michael Dell and his […]
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StarWind Secures $3.25 Million Series B Funding
StarWind Software Inc., provider of software-defined storage for Hyper-V environments, announced a $3.25 million Series B round of venture capital financing. The round was led by Almaz Capital, with participation from ABRT Venture, and AVentures Capital. Alexander (Sasha) Galitsky, a general partner at Almaz Capital, will join the company's board. Microsoft's Hyper-V is emerging as a […]
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Greek Storage Start-Up: Yes, It Exists !
CompanyLongaccess HQsAthens, Greece Date founded2013 Financial fundingCompany raised €110,000 In July 2013 in a seed funding round led by Greece-based Jeremie Openfund II. Current investors also include Driin Holdings who participated in the seed funding round. Total invested in Longaccess is now €210,000. Founder and main employees Panayotis Vryonis, founder and CEO, stated that "he […]
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Secure Cloud Provider FireHost Got $25 Million in Series E
FireHost, Inc., a secure cloud company, announced a $25 million Series E funding round led by its, $2 million in 2010 longtime investment partner, The Stephens Group, LLC. The latest round fuels FireHost's global growth as the leading secure cloud provider, helping customers with compliance and security needs - from healthcare to retail companies - […]
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Start-Up’s Profile: Nubisio
CompanyNubisio, Inc. HQsReston, VA Year founded2011 Financial fundingReceived $4,181,464 million in private equity funding on July 7, 2012, investor including Bain Capital Ventures Founders and main executives Yousif Abood, CEO since 2013 and replacing Jimmy Garcia-Meza, led product services at AppAssure Software, a backup and DR software company acquired by Dell in 2012. After the […]
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