Competition gets heated on Fungible’s DPU patch
Data processing unit startup Fungible is facing increasing competition as its avenues for growth become restricted and ever more fiercely contested.
The company was founded in 2015 to develop and...
Astera Labs spears CXL chip funding
Silicon valley startup and new unicorn Astera Labs has raked in $150 million in funding on top of delivering its Leo CXL Memory pooling and sharing controllers.
CXL, the Compute...
Fungible sold to Microsoft for $190 million, say multiple sources
DPU startup Fungible has been sold to Microsoft for $190 million despite raising more than $300 million in funding since its incorporation in 2015, according to multiple sources.
The company...
Storage news ticker – December 15
Apache Cassandra v4.1 is a milestone release that's mainly a feature update geared toward preparing for the major changes for developers in 5.0. Significant core services changes have been...
Unifabrix CXL memory node boosts core use
Israeli startup Unifabrix demonstrated its Smart Memory Node at SC22 and we wrote an initial account of its technology here. The intent was to demonstrate remote memory pooling across a...
Fungible shareholder sues company: Wants to inspect the books prior to $190m Microsoft deal
Fungible stockholder and ex-employee Naveen Gupta has filed a lawsuit against the company, seeking to "investigate potential wrongdoing and breaches of fiduciary duties."
The allegations are around convertible promissory notes...
VergeIO adds datacenter recipe book to VergeOS
Datacenter virtualizer Verge.io has delivered the Atria release of its VergeOS, adding Edge Edition software, edge site management, external backup support and datacenter templates called Recipes.
Verge.io takes hyperconverged infrastructure...
Enfabrica takes a shot at fixing AI compute scaling problem
Enfabrica is building massive scale interconnect silicon, a Server Fabric Adapter (SFA), an accelerated fabric silicon device to link intelligent end-point devices inside racks and also between racks, bridging...
Volumez swells thanks to $20M A-round
SaaS-based storage orchestrator Volumez has raised $20 million.
This A-round of funding was led by Koch Disruptive Technologies, with participation from existing investors Viola Ventures and Pitango. Viola and Pitango's...
Storage news ticker – May 26
Data protector ArcServe paid DCIG to review its UDP 9.0 backup product. The resulting study found that ArcServe UDP 9.0 offers organizations a clear edge in protecting against ransomware...
CloudFabrix wants to put the ‘AI’ in AIOps
Startup CloudFabrix has launched its Macaw chatbot, designed to bring generative AI to AIOps and upskill admin staff.
The ground is shifting beneath system managers' feet as generative AI opens...
InterSystems taps Volumez to provide storage
Block storage provisioning startup Volumez is rapidly expanding its capabilities, adding Azure cloud support to the existing AWS cloud and supplying storage for InterSystems’ IRIS cloud database.
Volumez provides a...