storage
Vast Data lands $118M to grow its data storage platform for AI workloads
Vast Data, to make an obvious pun, is raising vast sums of cash. The New York-based startup, which provides a scale-out, unstructured data storage solution designed to eliminate tiered storage…
LucidLink, a startup offering a platform that enables teams to work on files without having to download or sync them, today announced that it raised $75 million in a Series…
Egnyte is bringing generative AI capabilities to its storage platform
Egnyte introduced some new generative AI tools today, and revealed more of what’s coming on the AI roadmap. The company also pointed out that it has been incorporating AI into…
As Egnyte continues to grow steadily, an IPO seems like the inevitable conclusion
Egnyte is like the little engine that could. It just keeps chugging along with slow but steady growth as it marches towards an IPO.
Google launches an auto-archiving feature for Android apps to save space
On Monday, Google launched a new auto-archiving feature, which removes more than 60% of an unused app’s data from an Android phone to save storage space on the device. This…
Weka announces $135M investment on $750M valuation to change how companies move data
If there’s one thing that gets the attention of investors, even in uncertain times like these, it’s data efficiency. Data is the fuel for machine learning models, and getting it…
Amazon shuts down its personal file storage service to focus on photos
Amazon’s consumer-focused storage service, Amazon Drive, will wind down over the next year, Amazon announced today. In an email to users, the company said that it was taking the opportunity…
Neon nabs $30M to build a scalable cloud service for Postgres databases
Neon, a startup providing developers with a serverless option for Postgres databases, today announced that it raised $30 million in a Series A-1 round led by GGV with participation from…
SingleStore raises additional cash to grow its database business
SingleStore, a provider of databases for cloud and on-premises apps and analytical systems, today announced that it raised $116 million in an extension of its Series F. The new cash…
Scale Computing secures $55M to help companies manage edge infrastructure
Edge computing is seeing an explosion of interest as enterprises process more data at the edge of their networks. According to a 2021 survey (albeit from an edge computing services…
Data centers with servers attached to solid-state drives (SSDs) can suffer from an imbalance of storage and compute. Either there’s not enough processing power to go around, or physical storage…
Databases are in wide use today, powering the apps that people use every day for work and play. But they can be challenging to build, configure and maintain — particularly…
Consumer and business file storage and sharing service Dropbox will report its first-quarter earnings tomorrow, and for the former unicorn and present-day public company, the stakes appear quite high.
Databases are an essential part of doing business in the digital world, but not every organization is achieving success with them. In a 2019 Vanson Bourne survey, enterprises said that…
Playbook, where ‘Pinterest meets Dropbox’ for designers, closes on $18M in funding
Playbook, a startup that describes itself as a “creative file manager for designers” where “Pinterest meets Dropbox,” has raised $18 million in a Series A funding round led by Bain…
IDrive launches e2, a new S3-compatible object storage service
Over the course of the last few years, IDrive, the company best known for its backup service, has slowly been adding more cloud computing features to its platform. It launched…
Box is adding free whiteboarding tool for collaborating on visual content
When you talk to folks about what they have missed most about the office since we moved to work from home in 2020, people often point to whiteboarding in a…
ReadySet raises $29M to expedite access to enterprise-scale app data
ReadySet, a company providing database infrastructure to help developers build real-time applications, today announced that it raised $24 million in a Series A funding round led by Index Ventures with…
New Apple program puts device management, support in reach of SMBs
Managing Apple devices can be a chore for small businesses — it takes time to set up each device, and it can be difficult to manage them in the field…
Fundrise invests $128M into expansion of Saltbox’s warehouse, co-working spaces for entrepreneurs
Fundrise will acquire warehouses ranging in size from 50,000 to 150,000 square feet that will house the new Saltbox locations.
Coatue backs Kubecost’s goal to supply data to millions of Kubernetes developers
Kubecost set out to provide the real-time cost visibility and insights required to continuously monitor and reduce millions of dollars in Kubernetes-related cloud costs.
AWS launches four new storage services aimed at improving data management
At its annual re:Invent conference, AWS announced four new storage services and capabilities aimed at delivering more choice, reducing costs and helping customers better protect their data. The first option…
Ro is in talks to acquire at-home sperm storage startup Dadi
Ro, a direct-to-consumer health company valued by its investors at $5 billion, is nearing a deal to acquire at-home sperm storage upstart Dadi, per multiple sources familiar with the unicorn’s…
After a proxy fight victory, it’s time for Box to make some bold moves
Throughout its history as a public company, Box has had a bumpy ride. The company was founded back in 2005 as a consumer file sharing service, but shifted a few…
Conventional electronic media like flash drives and hard drives require energy consumption to process a vast amount of high-density data and information overload and are vulnerable to security issues due…
Cloudflare to enter infrastructure services market with new R2 storage product
Cloudflare, which has a network of data centers in 250 locations around the world, announced its first dalliance with infrastructure services today, an upcoming cloud storage offering called R2. Company…
EnerVenue raises $100M to accelerate clean energy using nickel-hydrogen batteries
In order to support a buildout of renewable energy, which tends to over-generate electricity at certain times of day and under-generate at others, the grid is going to need a…
Playbook, which aims to be the ‘Dropbox for designers,’ raises $4M in round led by Founders Fund
When Jessica Ko was head of design at Google and then Opendoor, she realized that her teams spent about 90% of their time digging around Dropbox looking for assets. In…
Internxt gets $1M to be ‘the Coinbase of decentralized storage’
Valencia-based startup Internxt has been quietly working on an ambitious plan to make decentralized cloud storage massively accessible to anyone with an internet connection. It’s just bagged $1 million in…
Wasabi scores $112M Series C on $700M valuation to take on cloud storage hyperscalers
Taking on Amazon S3 in the cloud storage game would seem to be a fool-hearty proposition, but Wasabi has found a way to build storage cheaply and pass the savings…
