Storwize offers a real-time data compression technology that aim to boost storage space on network storage environments. Storwize appliances are installed between the organization’s storage arrays and their network and promises two to five times the additional storage capacity. Founded in 2004, the startup has raised $40 million in funding from Sequoia Capital, Bessemer Venture Partners and others.
Latest From Enterprise
Tencent to open AI research center in Seattle| John Mannes
Data management startup Rubrik confirms $180M round at a $1.3B valuation| Ingrid Lunden
Cloudera finishes up 20% in stock market debut| Katie Roof
Equity podcast: Earnings clown car and the profitable-ish Dropbox with Hunter Walk| Alex Wilhelm