Analyse this: storage startup funding in 2021
$5.74 billion was invested in 36 storage startups this year, with the vast majority of it – $4.55 billion – going into data lake/warehouse and analytics companies.
We charted the...
Storage news ticker – November 18
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Acronis announced that 2021 was the best year in its history. Ronan McCurtin, VP sales Europe, Israel and Turkey, said: “This has been a record-setting year in revenue growth...
StorONE jumps on ransomware protection train with fast-recovering backup system
Storage startup StorONE has developed a fast-recovering, ransomware-protecting, flash-to-disk auto-tiering version of its software called S1:Backup.
S1:Backup is a backup target for Commvault, HYCU, Rubrik and Veeam’s data protection software...
Storage news ticker – November 16
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Backblaze raised $100 million from its November 11 IPO in which it aimed to sell 6.2 million shares in a range set at $15 to $17. They were sold...
Storage news ticker – November 15
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Backblaze is trading publicly after its IPO ran with no fuss. It went public on November 11. A Backblaze blog reads: “It means we have more resources with IPO...
VAST Data goes after FlashBlade
High-end, all-flash, enterprise filer supplier VAST Data has appointed George Axberg, a 16-year Dell EMC veteran, as its VP of the Data Protection division.
We’re told he is responsible for...
Storage News Ticker – November 11
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Cloud backup service supplier Datto reported $157.9 million revenues for calendar Q3 2021, up 20 per cent year-on year, with profits of $13.5 million, up 31 per cent. Tim...
Accused Ukrainian Kaseya ransomware attacker arrested
Ukrainian national Yaroslav Vasinskyi was arrested in Poland on October 8 under a sealed US Justice Department indictment, accusing him of committing the Kaseya ransomware attack in July this...
Quantum grows revenue again – despite ongoing impact of supply chain issues
File management and tape system vendor Quantum recorded its second consecutive growth quarter with $93.2 million revenues for Q2 2022 ended September 30. Revenues would have been higher but for...
Storage news ticker – November 4
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Database management company EDB has today announced GA of BigAnimal, the world’s first fully managed, open source PostgreSQL database in the cloud with compatibility for Oracle database technology. It...
Backblaze wants to flame into an IPO
Backup and cloud storage provider Backblaze has filed for an IPO and launched its roadshow.
It intends to offer 6,250,000 shares of its Class A common stock to the public...
Storage news ticker – October 28
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The Wall Street Journal says email protector Mimecast is exploring a sale. It reckons Mimecast has a market value of about $4.5 billion and is working with bankers on...