software defined storage

  • The Future Of Enterprise Storage Is Probably Not Storage Crunch Network

    The Future Of Enterprise Storage Is Probably Not Storage

    Traditional enterprise storage is dying a slow death. The bulky old-school storage boxes that once filled the data centers of large businesses symbolize a past era. The modern data center is undergoing a tremendous transformation, with everything from hyper-converged systems and open source to software-defined storage and large cloud-scale storage systems that companies can assemble themselves. Read More

  • PernixData Raises $20M In Oversubscribed Round For New Way To Think About Storage

    PernixData Raises $20M In Oversubscribed Round For New Way To Think About Storage

    Kleiner Perkins Caufield & Byers is the lead investor in a $20 million oversubscribed B round for PernixData, a company that the venture capital firm says has made a breakthrough that has not been seen in the storage business for the past decade. Lightspeed Venture Partners, which led the first round, joined the round with Kleiner. Also participating in the new round were Mark Leslie… Read More

  • Storage Provider Nutanix Raises $33 Million And Shows Signs Of Readying For An IPO

    Storage Provider Nutanix Raises $33 Million And Shows Signs Of Readying For An IPO

    Nutanix has raised $33 million in a Series C funding round. The investment comes from investors Lightspeed Venture Partners and Khosla Ventures along with new investors Battery Ventures and Goldman Sachs. The round gives Nutanix a total of $71 million in funding and positions the company for a potential IPO. Read More