Everyone is virtualizing, but are they realizing any of the promised savings? This overview of IBM's new virtualization optimization solutions will show you how integrated Cloud Solutions like SmartCloud Provisioning and SmartCloud Monitoring can deliver the savings virtualization promises.
Organizations are using intelligent management and analytics to provide the insight needed to optimize their virtualized infrastructure and dramatically improve availability, reduce data storage footprint...| By Business Wire | Article Rating: |
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| March 12, 2013 08:01 AM EDT | Reads: |
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SwiftStack today announced that it has raised $6.1 million in a Series A round of funding. The round, led by Mayfield Fund with additional participation from Storm Ventures and UMC Capital, brings the company’s total financing to date to $7.6 million (including $1.5 million in seed funding). The company will use the investment to support growth of the sales team, expand operations and advance development of its next generation, software-defined storage (SDS) solution.
“SwiftStack is a great addition to our portfolio, which has included highly successful storage companies such as 3PAR and StorSimple. The company is uniquely positioned to be a frontrunner in the emerging software-defined storage market,” said Navin Chaddha, managing director, Mayfield Fund. “With SwiftStack, application developers and operations teams can leverage the power of the public cloud storage inside their own datacenter, kind of like Amazon S3-in-a-box.”
“SwiftStack has been tested with impressive results in large-scale deployments with early customers,” said Ryan Floyd, founder and general partner, Storm Ventures. “For these customers, the SwiftStack solution has transformed how storage is provisioned, managed and accessed on industry-standard hardware. We look forward to the company’s continued growth and are excited to see the change they will bring to the enterprise storage market.”
SwiftStack is building a software-defined storage solution specifically for object storage. The platform decouples the management from the underlying storage infrastructure, enabling customers to build pools of storage on commodity hardware. As a result, they are able to achieve greater scale, more flexibility and higher durability. SwiftStack’s storage system helps organizations with considerable amounts of data simplify operations to reduce overall operational costs.
“Hardware is rapidly accelerating to become commoditized, and SwiftStack uncovers the potential of this raw capacity through its innovative storage system,” said Frank Lee, vice president, UMC Capital. “The company is poised to leverage the changing landscape, where customers are looking to make use of standards-based hardware for their storage needs.”
“These reputable firms bring a wealth of storage experience to our team, and their investment allows us to fully concentrate on company growth and technology development,” said Joe Arnold, CEO, SwiftStack. “Current storage methods are too general and do not effectively provide our customers with the flexibility, scale and cost efficiency required to support their ever-growing data sets and workloads. Our software-defined storage platform addresses this by fundamentally changing how storage is provisioned, managed and scaled in datacenters.”
About SwiftStack
SwiftStack is a technology innovator that provides a software-defined, object storage solution. The SwiftStack storage platform combines a unique, decoupled storage controller with the OpenStack Object Storage system to provide customers with cost-effective, scale-out storage that can run on commodity hardware. The company was founded in 2011 to help operations teams implement and manage an easy-to-use, multi-tenant and highly scalable cloud storage platform. With SwiftStack, application developers and operations teams can leverage the power of the public cloud inside their own datacenter. SwiftStack is backed by top tier venture capital firms including Mayfield Fund, Storm Ventures and UMC Capital. For more information, visit http://swiftstack.com/.
Published March 12, 2013 Reads 457
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“Big Data analytics will shape the form of nearly every process going forward in time, from the color of the latest fashions, what the candidates say in one town versus another to the chemical composition of the latest super drug,” noted Steve Knodl, Director of Product Management at NextIO, in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “Whether these are considered “new” products,” Knodl continued, “or continuous improvement on previous processes is largely in the eyes o...
In an ideal developer/systems administrator’s world, most applications would deploy seamlessly to multiple platforms and scale elastically with minimal effort bringing the unprecedented agility of the cloud within immediate reach of developer teams and IT organizations.
OpenStack, a RackSpace and NASA initiative, is now managed by an independent foundation and is supported by multiple vendors. It defines APIs for compute, storage, networking, services, monitoring, and additional infrastructure...
In his session at 12th Cloud Expo | Cloud Expo New York [June 10-13, 2013], Intel's Chris Black will review the background of Apache Hadoop, its application, and methods to accelerate data system clusters with Intel SSD technology. The session will overview the genius of Hadoop and provide an overview of the ecosystem landscape.
Cloud Expo/Big Data Expo delegates will learn how the Hadoop framework and SSD technology augment cloud data systems ranging from analytics to on-line transaction pro...
One of the most compelling promises of the cloud is that you can pull out a credit card and be working in minutes. No purchase orders to fill out, no equipment to wait for on the loading dock. Just instant access to the resources you need, when you need them. But accessibility comes at a price, and an unintentional consequence may be that you create yet another orphaned identity silo. Enterprise IT has spent years consolidating its mishmash of directories, only to discover that cloud now threate...
SYS-CON Events announced today that Wowrack will exhibit at SYS-CON's 12th International Cloud Expo, which will take place on June 10–13, 2013, at the Javits Center in New York City, New York.
Wowrack’s core expertise lies in high-availability Private and Public Cloud IaaS Hosting Solutions. Wowrack provides a true Hybrid service – where business release all IT management and hardware provisioning – taking the data center and server system administrative headaches off our customer’s shoulders. ...
As enterprises deploy private IaaS clouds into production they are reevaluating their future application delivery models. SUSE and WSO2 believe that private PaaS will leverage the automation and scalability of Private IaaS solutions, such as OpenStack-based SUSE Cloud, to deliver the secure, standardized development environments that will make migrating to an agile, serviceoriented delivery model possible.
In their session at the 12th International Cloud Expo, Chris Haddad, VP of Technology Ev...
“Open source has always provided a number of benefits, including easing adoption costs, propagating a better understanding of the technology, and allowing for faster evolution and commercialization of products and services based on it,” noted Terry Woloszyn, Founder & CEO, Leeward Security Ltd., in this exclusive Q&A with Cloud Expo Conference Chair Jeremy Geelan. “This is clearly evident with the OpenStack and CloudStack,” Woloszyn continued, “and others that have been quickly commercialized as...
Organizations across the world are increasingly starting to see the benefits of moving more and more services to the cloud. The focus on the cost-saving potential of cloud is rapidly shifting to completely transforming the business with cloud. As organizations are investing enormous sums on technology they are starting to realize that in order to maximize the return on investment and accelerate the business transformation process the first area of focus should be people. By ensuring the organiza...
In his session at the 12th International Cloud Expo, Dave Eichorn, Global Data Center Practice Head at Zensar, will share a case study describing how a utility services company handled the migration of its Microsoft platform to the cloud. Challenged with the time-consuming task of opening operations out of temporary offices, this company struggled with the need to simultaneously access data that was accumulated from a vast amount of data-intensive jobs. Zensar migrated the company’s application ...
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