Media Mentions
It doesn’t take a lifetime to build a super valuable company. As this list shows, it’s possible to go from $0 to $16 billion in valuation in just under than five years. Business Insider analyzed Pitchbook data to find the startups based in the US who reached the $1 billion mark in that timeframe – in other words, the youngest crop of the so-called “unicorn” companies. Here are the 17 privately-held startups that have created businesses worth more than a billion dollars in the last five years.
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Increasing storage volume to 3.3PB. INFINIDAT, a provider of enterprise storage solutions, announced that Triple C Cloud Computing Ltd, Israel’s cloud services provider, has replaced all of its production storage systems with the InfiniBox enterprise storage array. The implementation increases Triple C’s storage volume to 3,300TB, enabling the company to expand its operations and accelerate the transition of customers to the cloud while improving overall storage performance. Triple C implemented InfiniBox storage arrays at two sites: the company’s advanced facility in Petah Tikva and its secondary facility in Haifa. Customer data replication and backup is included at both facilities.
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Infinidat, founded by Moshe Yanai of Symmetrix and XIV fame, provides probably the most reliable and available monolithic primary data storage array in the industry, with seven nines reliability and low latency access. Its business is continuing to grow and revenues in the recently-ended quarter were the second largest it’s ever recorded. Chief product officer Jacob Broido said reliability at petabyte scale is critical for Infinidat’s customers. “We’re constantly over-delivering on their expectations.” He said the focus is on further developing its existing array product while keeping an eye on emerging technologies that could enable it to be a stronger offering in the future.
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INFINIDAT, the enterprise data storage solutions provider, is expanding operations globally and opening offices in key regions, including APAC. The company is also planning to more than triple the office space of its U.S. headquarters in Massachusetts. According to the company, the global expansion is a direct result of the increasing universal demand for InfiniBox, the company’s flagship enterprise data storage array. “Enterprise companies in every market face challenges posed by growing volumes of data, and they’re seeking efficient ways to manage and utilise that data to its full advantage,” says Moshe Yanai, INFINIDAT founder and CEO.
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INFINIDAT, a provider of enterprise data storage technology that aims to be a competitor to EMC, is quadrupling its U.S. headquarters size in a move from Needham to Waltham. The six-year-old venture-backed company announced Tuesday that it’s moving into a 23,000-square-foot headquarters in Waltham in June, from its original 5,900-square-foot space in Needham. The company, whose global headquarters is in Israel, currently has 35 employees in Massachusetts and will double that number by the end of the year.
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Some major moves afoot at INFINIDAT, the unicorn founded by an EMC legend that’s now trying to crush the Hopkinton-based storage giant. So far INFINIDAT has mostly been an Israeli operation, but the next-gen data storage firm will soon be expanding their U.S. headquarters in Massachusetts, with a new office and a number of hires. The new HQ will be on Totten Pond Road in Waltham, will have 23,000 square feet and will open up in June. It’ll replace two existing offices in Needham (5,900 square feet) and Waltham, and the staff this year is expected to grow from 35 employees to 50-70 people by year’s end, executives say.
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Storage array firm keeps growing with new service and sales offices. INFINIDAT is expanding its operations globally with the opening of new offices in EMEA, APAC and North America. The company is also planning to more than triple the office space of its US headquarters in Massachusetts and expand other US locations. The global expansion is a direct result of increasing demand for its InfiniBox enterprise data storage array, which it launched in 2013, said the company. INFINIDAT’s global expansion includes new offices in major cities across EMEA: London, Stockholm, and The Hague opened recently, and Pretoria, South Africa has been added. The company has also opened offices in APAC: Hyderabad and Bangalore, India; adding to the new ones in Tokyo; Melbourne and Sydney; and Toronto.
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INFINIDAT at the top for High-end Enterprise Storage Systems, As last year, we are ranking here the top fastest growing storage companies, either start-ups, private or public firms, from 2014 to 2015, based on published figures only. This ranking will be updated when we will get more information from other companies. They are all privately held – but three – and about never reveal the exact figure of their sales. But a bunch of them have published press releases demonstrating their growth in percentage of sales, bookings or in number of customers or units shipped. We have classified below these firms depending on their published growth.
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The way businesses use data is changing, mainly due to the introduction and increased adoption of cloud computing, virtualisation, big data, The Internet of Things, and social media. This exponential growth is partly caused by massive technological advancements, with more online and mobile transactions, higher resolution images and videos, and new regulations requiring digital information to be stored for longer periods of time. The resulting data is the most valuable asset for most organisations, which want to capture and analyse it to turn it into usable, insightful information that can successfully help grow the business.
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Little-known INFINIDAT, a rising provider of enterprise data storage, must be doing something right, because it is making some serious business waves under the radar. The 7-year-old company reported Feb. 8 that it recorded 183 percent quarter-over-quarter sales growth in Q4 2015, and 331 percent year-over-year growth in 2015. Due to the company entering new markets and broadening its global reach, new international customers accounted for 50 percent of sales in Q4 and 32 percent overall in 2015. INFINIDAT also shipped 200 percent more capacity in 2015 than in the previous year. Storage industry veterans will recognize the name of Moshe Yanai, INFINIDAT’s founder and CEO. Yanai is the former Israeli Army tank commander who helped put EMC on the storage map back in 1987 when he developed Symmetrix (today’s DMX series). He later started XIV and sold it to IBM.
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