Nimble Storage shares closed Friday at just under $34 a share, up nearly 62 percent from the opening day price of $21. On the whole, a pretty good day.
Nimble Storage of San Jose wants to go public on the New York Stock Exchange and indicated as much in a registration filing with Securities & Exchange Commission (SEC). The 5-year-old company, which makes flash-based storage systems and competes with the likes of EMC (s EMC) and NetApp, (s NTAP) wants for raise up to $150 million and will likely trade under the symbol, NMBL. No further details on how many shares it hopes to see become available. It has raised about $40 million from Sequoia Capital, Accel Partners and Lightspeed Venture Partners.
The number of female executive at a startup correlates to its success, according to a new study. We take a look at 10 popular startups to see how many women are in their executive ranks.
Flash storage startup Nimble Storage has raised another $40 million in preparation for an IPO within the next two years. The company, which builds appliances fusing both flash and hard disk drives, is part of a hot flash market that’s raking in venture capital.
The rumor mill is adamant that storage giant EMC is in serious talks to buy Israeli flash-storage startup XtremIO, a move that could trigger an avalanche of flash acquisitions rivaling the scale-out-file-system feeding frenzy a couple years ago. Here’s who might get bought.
Nutanix is counting on mid-size enterprises to drive its adoption of its converged infrastructure appliance. CEO Dheeraj Pandey’s stance is that SMEs have the budgets, the IT demands and the right cultures to justify taking chances on new approaches to infrastructure. He could be onto something.
Nimble Storage, a startup selling flash-equipped storage appliance to small businesses, has closed a $25 million Series D round. Nimble’s approach is interesting in that it pushes flash almost more for convenience than for performance, which distinguishes it from high-end plays like Violin Memory.
For established players in the storage industry, the message is clear: Dedupe or risk losing those big enterprise contracts to rivals. For storage startups and smaller outfits, recent history indicates that having data deduplication in your IP portfolio makes you an attractive acquisition target.