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Ceramic storage player Cerabyte receives slice of €411M in European funding

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Ceramic-based data storage firm Cerabyte has been awarded a grant from the European Innovation Council (EIC) Accelerator, to help commercialize its "scalable and sustainable"...

Databricks collects $10 billion in latest funding round

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Databricks has attracted a $10 billion investment in a tenth funding round to pay for early investor and staff stock sales and allied taxes,...

Lakehouse startup promises big data processing savings after $10M funding round

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e6data has announced a $10 million Series A funding round as it seeks to tap into firms looking to trim the cost of analyzing...

Plucky European lakehouse goes for new funding round to take on Databricks

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Hopsworks is billed as a flexible and modular AI lakehouse, with a Python-centric enterprise feature store that provides "seamless integration" for existing pipelines. Founded...

EU-backed archiving initiative secures fresh funding

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A European Commission-sponsored data archiving standard that can be adopted globally has been given fresh impetus with new funding. It aims to make sure...

DataCore gets AI development funding dollars

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Storage software biz DataCore has loaded up its AI development coffers with $60 million to fuel the integration of AI technologies. The company, founded in...

Cloudian gets more funding as it reaches breakeven, bags HPE GreenLake wins

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Object storage demand is growing; Cloudian has gained $23 million in funding for its growth as its business, now at the breakeven stage, notches...
GPU abstract

Arc Compute enters GPU management fray ahead of first big funding

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With spiraling numbers of HPC and AI applications creating a shortage of GPUs in datacenters, a technical solution is needed to make sure organizations...

Atlan scores data control plane funding for AI data governance

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Data collaboration startup Atlan has raised $105 million to continue developing its control plane-based software as demand for AI data readiness and governance skyrockets. The...

Observe secures $115 million Series B funding on back of high growth

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Startup Observe has raised a $115 million B-round for its SaaS-based observability service following 171 percent ARR growth in its latest fiscal year. Observability and...

QiStor secures funding for key-value data store acceleration

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Startup QiStor has scored pre-seed funding to develop hardware acceleration for key-value data store access. Generalized server CPUs have been augmented by specialized hardware accelerators...

VAST Data secures $118M in Series E funding

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VAST Data has raised $118 million in new funding for a $9.1 billion valuation, with total cash raised hitting $381 million. The company provides parallel,...