PernixData has raised $35 million in Series C funding. Menlo Ventures led the oversubscribed round, which also included new individual investments from Marc Benioff (chairman and CEO of salesforce.com), Jim Davidson (Co-Founder, Managing Partner and Managing Director at Silver Lake), and Steve Luczo (chairman and CEO of Seagate Technology). Previous investors Kleiner Perkins Caulfield and Byers, Lightspeed Ventures, Lane Bess, Mark Leslie and John Thompson also contributed to the Series C...
Read MoreAtlantis Computing has announced the release of Atlantis USX™ 2.0, a software-defined storage platform that delivers all-flash performance at half the cost of SAN. The new release powers the first all-flash hyper-converged storage system, adds a groundbreaking new technology that allows enterprises to Teleport virtual machines between datacentres and the cloud in seconds, and offers VMware VVOL support for any storage system.
Read MoreAccording to a new IT spending forecast report published by IDC Energy Insights, total year-end IT spending by Western European utilities is expected to reach $13.5 billion by 2018, with an estimated 2013–2018 CAGR of 4.1%. Analyzing current IT spending, total year-end IT spending by Western European utilities is expected to be $11.6 billion in 2014, with electricity companies accounting for the largest share of spending, at 67% or $7.7 billion of the total.
Read MoreCompany to offer a single all-flash system that delivers 1 million IOPS, 1 million GBs for less than $1 million.
Read MoreViolin Memory®, Inc. has announced immediate worldwide availability of its data deduplication and compression capabilities on the Concerto™ 2200 solution. This announcement extends the Company’s industry-leading set of enterprise data services for all-flash array solutions with significant data reduction capabilities.
Read MoreIT leaders see the value of end user computing strategies but risk and compliance issues prohibit progressive implementation.
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