Storage Soup

February 2015

Storage management and analytics

  • Avago buys Emulex for $606M to expand storage portfolio

    Dave Raffo - Editorial News Director 26 Feb 2015
  • Networking and wireless chip maker Avago Technologies is pushing deeper into enterprise storage with its planned acquisition of storage networking vendor Emulex. Avago said Wednesday evening that ...

  • Pivot3 pockets $45M to ride hyper-convergence wave

    Dave Raffo - Editorial News Director 25 Feb 2015
  • Pivot3, the hyper-convergence vendor that concentrates on the surveillance and virtual desktop infrastructure (VDI) markets, picked up $45 million in funding this week to expand sales and marketing ...

  • Cloud provider Axcient raises another $25 million in funding

    Sonia Lelii - Senior News Writer 19 Feb 2015
  • Cloud-based startup Axcient raised $25 million in a series E funding round this week, bringing the total amount it has raised to $113.5 million. The company plans to hire more engineers, build out ...

  • IBM's spectrum of new storage brands

    Randy Kerns - Evaluator Group 17 Feb 2015
  • IBM has rebranded storage products and introduced XIV as a software-only offering under a new overarching identity – IBM Spectrum. The decoder ring for these products is: This name change will take ...

  • NetApp blames sales slump on budget restraints

    Dave Raffo - Editorial News Director 12 Feb 2015
  • A rocky quarter with a disappointing forecast for this quarter left NetApp CEO Tom Georgens defensive about his company’s product portfolio and strategy. NetApp Wednesday reported $1.55 billion in ...

  • HDS acquires Pentaho, wants to store, analyze Internet of Things

    Dave Raffo - Editorial News Director 11 Feb 2015
  • Hitachi Data Systems (HDS) acquired data analytics software vendor Pentaho this week, and it will share that technology across Hitachi as part of an initative that stretches beyond storage. Pentaho ...

  • Veritas Rising

    Randy Kerns - Evaluator Group 09 Feb 2015
  • Appropriately, Symantec will call its new information management spinout Veritas Technologies Corp. The company will consist of many products from the original Veritas, which Symantec acquired in ...

  • Veritas product revenue grows while Symantec shrinks

    Dave Raffo - Editorial News Director 06 Feb 2015
  • Symantec is on track to make Veritas an operational company by October, a few months ahead of the original plan to split by the December. Symantec CEO Michael Brown added details about the spinoff ...

  • Veeam revenues still on a roll

    Dave Raffo - Editorial News Director 04 Feb 2015
  • Virtualization data protection specialist Veeam Software said its 2014 bookings revenue hit $389 million, up 40 percent over the previous year. Veaam’s growth far outpaces the rest of the data ...

  • Scale-out startup Qumulo gets $40M, prepares to launch

    Dave Raffo - Editorial News Director 04 Feb 2015
  • Qumulo, the file storage startup founded by engineers who designed Isilon's clustered NAS, closed a $40 million B funding round today and plans its initial product launch “really soon.” The ...

  • Quantum hopes StorNext gains can outscale tape woes

    Dave Raffo - Editorial News Director 02 Feb 2015
  • Quantum had a rough quarter revenue-wise to end 2014 because of poor tape sales, but its prospects are looking up in other areas. StorNext scale-out file system sales increased 77 percent ...