Today’s storage industry news is certainly exciting; EMC Corporation (NYSE: EMC) has announced that it has signed a definitive agreement to acquire Isilon Systems, Inc. (Nasdaq: ISLN)
Coming on the heels of HP’s acquisition of 3Par, two broad themes are clear:
1) Storage is, indeed, “sexy” again. This is not surprising, in an environment where unstructured data is growing by 60% or more each year and 50% of all applications are expected to be virtualized in the next 3 years.
2) In particular, the scale-out approach to storage is gaining momentum. 3Par, of course, is known for its innovations in thin provisioning and scale-out SAN. Isilon virtually defined the market for scale-out NAS.
Continue reading “Storage is Sexy Again”
Today Nirvanix announced that it has secured additional funding of $10 million dollars and has appointed Scott Genereux as President, and Chief Executive Officer. These developments are designed to fortify the company’s competitive position and expand the market penetration of its Storage Delivery Network (SDN) on a massive global scale. Genereux’s successful track record of building business value propositions around storage solutions bodes well for Nirvanix as the company starts to penetrate new markets and attempts to take market share from traditional storage vendors and other cloud storage providers.
Open source storage innovator completes new funding round as the demand for cloud and virtual machine storage increases
MILPITAS, Calif. – November 9, 2010 – Gluster, the leading provider of open source scale-out storage solutions, today announced it has closed an $8.5 million Series B round of funding led by Index Ventures with participation from the previous investor, Nexus Venture Partners. Gluster has been experiencing dramatic growth worldwide in sales, partnerships, and community adoption, driven by the move to cloud based architectures, the explosion in unstructured data, and the increasing virtualization of the data center. With this new investment round, Gluster will expand its sales, marketing and support teams and allocate additional resources to partner development.
Continue reading “Gluster Completes $8.5M Series B Round, Led by Index Ventures”
Today NetApp announced new high-end and mid-range storage systems, support for 2.5 inch disk drives and Solid State Disks (SSD), Data ONTAP 8.0.1, unified connectivity for FCoE, CIFS, NFS, and iSCSI, along with the OnCommand Management Suite, and FlexPod for VMware which is a pre-sized and validated data center infrastructure solution. NetApp is clearly targeting the burgeoning Virtual Machine opportunity and is building the path to a future-ready infrastructure. In my opinion, today’s announcement by NetApp represents the big bet that the company can provide storage, software, and connectivity technology that provides the infrastructure foundation for shared storage in both virtual and physical server environments.