Elastifile, founded by former XtremIO and Red Hat execs, has $8 million in new Series A funding from Battery Ventures and Lightspeed Venture Partners to attack software-based primary storage.
Violin Memory Chief Operating Officer Dixon Doll, Jr., resigned just weeks after the resignation of CTO Jonathan Goldrick and termination of CEO Don Basile. The company hopes new leadership can get it back on track.
Amazon Web Services doesn’t have enough capacity to handle demand for its new C3 instances, which has led to a rush order of new servers. In almost any other scenario, that would mean a big payday for someone like Dell or HP.
Pure Storage now charges that EMC purloined one of its flash arrays to extract trade secrets; EMC responds with a patent infringment suit. And so it goes.
Facebook has open sourced a new embedded database called RocksDB that’s meant to take advantage of all the performance flash has to offer, from right on the application server. It might be a sign of best practices to come.
Update: EMC alleges that a former salesman took proprietary customer info with him to flash storage rival Pure Storage.
Greylock Partners’ Jerry Chen has seen enough in his recent 9 years building the cloud computing business at VMware to know how to spot an opportunity. Here’s where he thinks entrepreneurs and investors should focus their attention.
EqualLogic and now DataGravity Co-founder Paula Long is very smart about storage technology. Right now, she’s looking at things like flash and cloud storage with a skeptical eye. They’re valuable and will become more valuable, she says, but only when they’re done right.
Shares of Violin Memory stock closed their first day of public availabiity at $7.02, down 22 percent from the morning’s initial asking price of $9 per share. However, CEO Don Basile is confident the market will come around in time.
It might have priced in the lower range of its purported value, but enterprise tech stocks have done pretty well recently and Violin has been one the bigger companies in a red-hot flash market. More interesting in the long run might be how Violin’s IPO affects — or is affected — by planned IPOs for smaller flash vendors like Pure Storage and Nimble Storage. Expect an update on the Violin public offering on Friday.