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 (i.e. s

LucidLink lands $75M for its on-demand file streaming tech

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 C round led by Brighton Par

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 the platform for over

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 will expectedly reduc

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 from point A to po

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 to &

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 Khosla Venture

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 brings the company

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 vendor), 77% of com

Lightbits Labs lands $42M to speed up server data transfers

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 limi

OtterTune, which taps AI to optimize databases, raises $12M

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 as their usage continu

As Dropbox heads into earnings, it desperately needs a win

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.

EdgeDB wants to modernize databases for cutting-edge apps

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 they’ve b

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 Capital Ven

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 a developer-focused face

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 conference room with colleagues, something t

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 without being invasive, especially when it c

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.
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