News

Wasabi Secures $112M Series C Financing, Sets Sights on Global Expansion and Company Growth

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Wasabi triples valuation as it continues to establish first hyperscale cloud storage architecture

Wasabi, the hot cloud storage company, today announced $112M in Series C funding led by Fidelity Management & Research Company with participation from existing investors. The round follows Wasabi’s $27.5M in debt financing announced in January. The C round brings Wasabi’s total equity financing to $219 million.

The valuation of the C round was roughly triple the valuation of the company’s most recent equity round, which closed almost exactly one year ago. Wasabi’s revenue and storage under management has also tripled in the last year with deployed storage recently passing one exabyte. The company has 22,000 customers worldwide, and Wasabi’s channel network more than doubled to over 5,000 partners worldwide. The company has data centers in the US, Europe and Japan.

Rubrik Completes Record Year, Welcomes New Chief Revenue Officer

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The Company Appoints Brian McCarthy as CRO, Adding to its World Class Leadership Team

Rubrik, the Cloud Data Management Company, today announced a record-setting year and best-ever Q4, which closed on January 31, 2021. Key highlights at the close of fiscal include:

  • Rapid global growth: Rubrik has more than 1,600 employees in more than 18 countries
  • Customer expansion of Rubrik products: Rubrik now has more than 200 customers spending $1M+ on its leading data management products
  • Customer base and new logos increase: More than 3,200 global customers have chosen Rubrik
  • Product momentum and innovation: The company expanded unstructured data management capabilities with Igneous IP acquisition in December 2020 and launched Andes 5.3 in November 2020, which allows businesses to modernize and automate, extend to the cloud and mitigate risk around their soaring volumes of data

Dell Technologies Safeguards IT Environments with New Security Service Powered by Secureworks

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Dell Technologies (NYSE:DELL) and Secureworks (NASDAQ:SCWX) announce a new subscription-based service from Dell that secures and protects customers’ IT environments against cybersecurity threats and provides remediation.

The new Dell Technologies Managed Detection and Response powered by Secureworks® Taegis™XDR provides 24/7 security across endpoint devices, data center networks and cloud environments, improving customers’ security posture while significantly reducing the burden on IT teams.

How To Prepare Your Building And Motivate Employees To Return To The Workplace

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In 1983, the World Health Organization created the term "sick building syndrome," focusing on indoor air quality as one of the most important factors around what makes a building healthy. But with the Covid-19 pandemic, the idea of a healthy building has taken on a whole new meaning. While air quality is still paramount, a healthy building now includes physical and emotional health and well-being.

For a year now, people have been working from home while office buildings have sat dormant, sending building managers into overdrive to prepare for a safe return, whenever that may be. Beyond just occupancy monitoring, ventilation control and space management, employers are also having to consider everything from what groups should get access to the workplace first to installing ultra-violet lighting and replacing door fixtures with titanium handles to kill germs.

How Does "Mission-Critical" Translate In the Digital Economy?

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Mission-critical or mission impossible?

Simon Blake, March 17, 2017 – I vaguely remember when I first came across the concept of the data centre. In fact, it was the discovery of a seemingly obscure and futuristic sounding thing called a ‘mainframe’ (appropriate given that I’m talking about change in our industry). The idea of all that data and computing power was mind boggling.

The capabilities of today’s data centre is of course even more staggering. But it’s the shape of the world around these facilities that’s hard to get your head around. From the Internet of Things to the autonomous car in which I’ll soon be driven around (autonous car ebook), we rely on constant availability of compute capabilities in a quite remarkable way.

Vertiv™ to Offer Lithium-Ion Battery Option With Large Size UPS Systems

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Lithium-ion batteries can reduce replacement frequency, footprint and Total Cost of Ownership

Columbus, Ohio [Feb. 7, 2017] – Vertiv™, formerly Emerson Network Power, today announced the availability of new energy storage solutions for several of its Liebert® Uninterruptible Power Supply (UPS) systems, using lithium-ion batteries from proven suppliers. Lithium-ion batteries designed specifically for UPS applications are smaller, lighter and last longer than traditional valve-regulated lead acid (VRLA) batteries, presenting an alternative for organizations seeking to leverage the benefits offered by these advanced battery technologies.

Available now in the Americas, the lithium-ion solutions are fully tested, UL listed and compatible with the Liebert NXL, Liebert EXL, Liebert NX 225-600 kVA and Liebert Series 610 UPS systems.

HPE to Acquire SimpliVity and Expand Leadership in Growing Hybrid IT Industry

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PALO ALTO, California, January 17, 2017 – Hewlett Packard Enterprise (NYSE: HPE) today announced a definitive agreement to acquire SimpliVity, a leading provider of software-defined, hyperconverged infrastructure, for $650 million in cash. The hyperconverged market was estimated to be approximately $2.4 billion in 2016, and is expected to grow at a compound annual growth rate of 25 percent, to nearly $6 billion, by 2020. By bringing together HPE’s best-in-class infrastructure, automation and cloud management software with SimpliVity’s industry leading software-defined data management platform, HPE and its partner ecosystem will deliver the industry’s only “built-for-enterprise” hyperconverged offering.

"This transaction expands HPE’s software-defined capability and fits squarely within our strategy to make Hybrid IT simple for customers," said Meg Whitman, President and CEO, Hewlett Packard Enterprise. "More and more customers are looking for solutions that bring them secure, highly resilient, on-premises infrastructure at cloud economics. That’s exactly where we’re focused."

The Year of Big Decisions: Five Trends IT Solution Providers Should Watch in 2017

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As 2017 kicks off, the IT channel finds itself in transition as clients continue to adopt cloud strategies and start assessing emerging trends such as the Internet of Things and edge computing. This requires MSPs to understand and prepare for these trends if they are to succeed in the future.

MSPs this year will have some serious decisions to make. For instance, you can no longer put off implementing a cloud strategy. The future of managed services and cloud are intertwined. It will be much harder to leverage new opportunities such as edge computing and IoT without a cloud strategy.

You could look at 2017 as the Year of Big Decisions. Here are five major trends likely to influence those decisions:

Managing Access to Petabytes of Data

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Accelerates Adoption of All-Flash Data Centers

Quantum Data Management Software Manages Earth Observing Data Archive
Every day, NASA's Earth Observing System satellites beam down terabytes of data about the earth, oceans, and atmosphere. The data is made available to climate researchers around the world using NASA's Earth Observing System Data and Information System (EOSDIS)—one of the most ambitious data projects ever conceived. The storage of this irreplaceable information is entrusted to Quantum's data management software.

Escalating Data Growth Since going online in 1999, NASA's EOSDIS has become one of the world's largest and most active data repositories. Every day, it receives 3 terabytes of new data and distributes 2 terabytes of existing information to researchers around the world, giving hundreds of thousands of users access to more than 20 million files containing over a petabyte of information.

20 Most Promising Back Up Solution Providers 2016 – Actifio: Transforming Copy Data into Strategic Business Advantage

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Accelerates Adoption of All-Flash Data Centers

Today, protecting operational data— backing it up and ensuring security— and facilitating rapid data access has become more complicated for organizations. Constant information backup demands significant capital outlays, tedious maintenance requirements, and flexibility of proprietary tools. Moreover, backup solutions currently are mere extensions to existing platforms that add expense and complexity without addressing the core issues of data protection and recovery. In such a scenario, embracing latest technology, Actifio virtualizes data and eliminates redundancies, saving time and cost and minimizing complexity.

Waltham-based Actifio generates a “golden copy” of content which is available instantly and streamlines IT infrastructure and operations. The company replaces legacy data protection techniques with a thoroughly simple, application-centric, SLA-driven approach and allows data management and fixes the backup problem. Actifio develops data architecture in a way that permanently and efficiently resolves data protection needs across virtual, physical, and heterogeneous levels with only one unique platform. The company’s platform, Copy Data Virtualization decouples strategic data from commoditized infrastructure, enabling dramatic improvements in business resiliency, agility, and access to the cloud. The platform replaces all the software licensing and capital intensive hardware held in backup, snapshot, disaster recovery, business continuity, Dev and Test, compliance, and analytics systems with a single and uncomplicated approach which makes scattered data available whenever required.

Japan's NTT Data to buy Dell Systems unit for $3bn

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Accelerates Adoption of All-Flash Data Centers

Japan's NTT Data is buying Dell's technology services business for more than $3bn (£2.1bn) as it seeks to expand its business in North America.

This is set to be the biggest-ever acquisition by NTT Data, which is part of Japan's former telephone monopoly. Dell has reportedly been looking to sell off non-core assets to raise billions of dollars ahead of its $67bn takeover of data storage firm EMC Corp.

NTT Data will take on Dell's 28,000 employees in North America and India.

In a filing to the Tokyo Stock Exchange, NTT Data said the purchase will enhance its cloud and business-process outsourcing (BPO) services.

The firm has been looking for new sources of revenues outside of Japan, which faces a shrinking and rapidly aging population.

According to Bloomberg data, NTT Data has spent more than 72bn yen buying mostly overseas companies since 2011.

Its main rivals include India's Tata Consultancy Services, France's Atos and US firm Cognizant Technology Solutions.

NetApp to Acquire SolidFire

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Accelerates Adoption of All-Flash Data Centers

NetApp, Inc. (NASDAQ: NTAP) today announced it has entered into a definitive agreement to acquire SolidFire for $870 million in cash. Founded in 2010, SolidFire is a market leader in all-flash storage systems built for the next-generation data center where simple scaling, set-and-forget management, assured performance and multi-tenancy, and cloud economic models are driving new market growth.

Tech players emerge as public vs private boils over into 2016

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After a hit-or-miss year of initial public offerings in the technology sector, the most likely candidates to go public in 2016 probably aren’t who you’d think, according to a new report.

The not-so-sexy fields of analytics, data centers, security and application integration top a list of 531 companies most likely to enter the public markets next year, according to a new report by data and predictive analytics company CB Insights. Still, the report does highlight some well-known unicorns that could go public.

Topping the list of public market contenders are copy data virtualization company Actifio, integration platform MuleSoft, enterprise virtualization and storage company Nutanix, secure cloud company Okta, and subscription billing company Zuora. But household names like Buzzfeed, Airbnb, Uber and Snapchat also made the cut.

Dell buying EMC in a transaction valued at about $67 billion

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NEW YORK — Dell is buying data storage company EMC in a deal valued at approximately $67 billion.

The acquisition cements the focus by Dell, once a pioneer in the personal computer business, away from hardware like PCs to the more profitable areas of storage and other business services.

"It's a landmark historic deal that really brings them into the enterprise market and makes them a behemoth," said FBR analyst Daniel Ives.

Optimize medical imaging across complex health systems

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Today, progressive imaging departments manage images from myriad modalities—simplifying the viewing of and centralizing image management across complex healthsystems to broaden enterprise access and help exams get reimbursed. A large universitymedical center well-known as an imaging pioneer is using GE Healthcare’s Centricity™ PACS and Centricity Clinical Archive solution1 to optimize imaging across the enterprise.Take a closer look at how they are doing it and why it might be the way to go for you, too.

Top 8 storage array vendors

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Storage is the backbone of your IT infrastructure. Make sure yours is capable of supporting your organization’s needs.

This Research Is Designed For:
  • Enterprises seeking a solution for mid-range to entry enterprise-scale disk-based or hybrid storage arrays
This Research Will Help You:
  • Understand what’s new in the mid-range to entry enterprise storage array market
  • Evaluate storage array vendors and products for your enterprise needs.
  • Determine which products are most appropriate for particular use cases and scenarios.

Which general-purpose disk storage solution is best?

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As new technologies gather momentum, I&O leaders must ensure that their infrastructure visions align with their current and potential suppliers' product strategies, and quantify suppliers' abilities to deliver on their promises. Here, we outline vendor strengths and weaknesses in this market.

How to stay ahead of today's IT infrastructure game

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WHAT ARE TODAYS IT MANAGEMENT CHALLENGES?

In order to stay ahead in the business, it is necessary to implement technology that allows you to stay ahead and maintain a competitive edge. In this E-guide take a closer look at today’s IT management challenges that will give you a better understanding of how to prepare for and implement tomorrow’s IT infrastructure.

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