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Rockport gets co-CEOs and $48 million extra funding

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Datacentre networking upstart Rockport Networks has taken in $48 million in new but non-VC funding, and recruited a second CEO to work alongside existing...

Compose yourself: Liqid gets unicorn-class funding boost

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Composable systems startup Liqid has had a massive $100 million funding round to take its datacentre do-more-with-less message mainstream. The company sells composable systems software...

Analyse this: storage startup funding in 2021

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$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...

Nyriad gets new funding dollars for CPU+GPU storage array

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GPU-influenced storage controller startup Nyriad has pulled in $28 million in new funding from existing investors. Nyriad’s startup idea was to have a combined GPU...

Double-helix data storage developer Catalog gets funding boost

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Spurred on by the development of its DNA storage Shannon system, Catalog has taken in $35 million in B-round funding to help devise a...

Speedata outta stealth with $70m in funding and speedy analytics processing chip

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Israeli startup Speedata revealed its existence today by showing off its big data analytics processing chip development and a $55 million funding round from...

Your occasional storage digest with Elastic, MemVerge, an amazing funding round, and more

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There’s a strong focus on data querying and analysis in this week’s digest. Data querying has been improved by Elastic enhancing its search products....

Go go GigaIO as it composes a funding raise

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Data centre network fabric startup GigaIO has raised $14.7 million in a B-round, following its $4.5 million A-round in 2018. That came six years...

OwnBackup dons tricorn hat after second mega-funding round

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Not content with a $167.5 million fund raiser in January, OwnBackup has tapped VCs again to pull in another $240 million and push its...

Go green, go Cubbit — distributed P2P cloud storage startup gets funding

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Cubbit, a distributed peer-to-peer network cloud storage startup, has raised €7 million ($8.31M) to advance its technology and sales through distributors. The company was founded...

Frantically fast Firebolt’s funding as it follows in Snowflake’s wake with multi-1000× speed advantage

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Cloud data warehouse startup Firebolt has raised $127 million in B-round cash just six months after its A-round, signalling huge VC interest in analytics...
OpenDrives Ultra

OpenDrives goes on post-funding round hiring spree

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Since raising $20m in January, NAS supplier OpenDrives has increased its headcount by 70 per cent and now expects to grow its 2021 revenues...