Media Mentions
Backup Appliances come in two forms. Integrated appliances that have the backup software pre-installed on them and appliances that act as stand-alone systems so they can accept input from a variety of backup sources. The second type is probably more appropriate for enterprises since most enterprises have more than one backup application. They need backup appliance vendors to provide deep integration with backup software and to continue to improve backup performance and the storage scalability of the solutions.
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Cloud adjacent storage is storage positioned within close proximity to a data center owned by a cloud provider. It enables compute the cloud provider hosts to have high performance, low latent access to data across traditional storage protocols. The challenge with most cloud-adjacent initiatives is that they are typically sold in a traditional model. The organization essentially owns (or leases) the storage.
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Now in its 7th year, Best in Biz Awards honors companies, teams, executives and products for their business success in the current and previous year. Best in Biz Awards is unique, as it is the only business awards program judged by an independent judging panel comprised of a wide array of members of the press and industry analysts. This year, INFINIDAT was named a gold winner in the “Most Innovative Company of the Year – Medium” category.
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Infinidat has checked off several roadmap items for its high-end InfiniBox storage system, including “near-zero impact” SAN synchronous replication and the ability to define quality of service for individual applications, tenants and subtenants. The InfiniBox R4 upgrade also added asynchronous NAS replication and NAS directory quota management to combat file system sprawl. Those features are among more than 150 enhancements to the R4 operating system.
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Big-iron array supplier Infinidat’s fourth major version of its software adds sync (block) and async (file) replication, file directory quotas and quality of service features to quiet down noisy neighbours. Infinidat says it collaborated with more than 100 customers on the features for this release, in the planning and development cycle, letting it talk about a social programme and community development.
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Infinidat, which specializes in petabyte-scale data storage systems, on Nov. 14 launched the latest release of its InfiniBox core operating software, v4.0, that now uses machine-learning algorithms to produce high performance. The rise of enterprise digital transformation requires new ways of thinking about information storage, the company said. Infinidat offers a new storage architecture that is fundamentally different from the consumer-centric cloud storage platforms of the last decade and earlier legacy enterprise storage systems.
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You might think a storage company that’s placing big bets on spinning disks would be roadkill in the race to flash storage, but Infinidat Inc. has done a good job of defying conventional wisdom since it was founded six years ago. Today, the company is announcing $95 million of new investment in a Series C round that values it at $1.6 billion, up from $1.2 billion at the time of its last funding round in April 2015. Infinidat has now raised a total of $325 million.
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Data storage company Infinidat Inc. has raised $95 million from a growth equity wing of Goldman Sachs, indicating that the 6-year-old company continues to find traction in a market where others have stumbled recently. The company turned profitable during the past year, according to chief marketing officer Randy Arseneau. Arseneau didn’t share revenue numbers, but the company says it grew 250 percent from second-quarter 2016 to second-quarter 2017.
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Goldman Sachs Private Capital Investing led the funding round, which brings Infinidat’s total funding to $325 million since its 2011 founding. The company also said the C Round haul gives it a $1.6 billion valuation. The storage array startup founded by EMC Symetrix developer Moshe Yanai claims to have several profitable quarters behind it and 250% year-over-year revenue growth for the second quarter of 2017.
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Moshe Yanai’s Infinidat has gained $95m in third-round funding and wants us to know that it’s not a debt-fuelled Silicon Valley extravaganza of a startup like others that have crashed and burned or gone through bought-at-a-discount acquisitions. Infinidat was founded in 2010, took in $80m around 2012, $150m in 2015 and has notched up $325m in total funding with the latest C-round, bring its value to $1.6bn. We’re told it has enjoyed a a 33 per cent increase in valuation in less than two-and-a-half years because of its growth in revenues.
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