Retool raises $20 million at $1.85 billion estimate
Retool Inc., a low-code software development platform vendor, just announced the collection of $20 million Series C from Stripe founders and other enterprises at a $1.85B pre-money valuation. It covers venture capital, software, and startups costs.
Retool Inc. announced the closure of a $20 mill... Read more
Amazon lowers prices for AWS EFS Infrequent Access significantly
AWS has lowered the prices of its Amazon Elastic File System (EFS) service considerably. For some customers, the costs are as much as 92 percent lower. The company itself is talking about the biggest price drop in its history.
Amazon EFS is the fully managed and cloud-native NFS file system for Linu... Read more
Commvault takes over software-defined storage start-up Hedvig
Commvault has announced that it will acquire Hedvig, a software-defined storage start-up, for $225 million (€203 million). Hedvig sells a software platform that allows administrators to manage different types of data storage infrastructure through a centralized console.
Commvault states that t... Read more
Samsung produces SSDs with hundred-layer V-NAND memory chip
Samsung has started mass-producing new 250GB SSDs that feature 100-layer V-NAND. It is the first time in the industry that such a V-NAND memory chip is made, according to the company. In recent years, the number of layers has been increased time and again to get more capacity in a single chip.
T... Read more
Western Digital: Flash storage market has bottomed out
Steve Milligan, CEO of Western Digital, states that the flash storage market has bottomed out and storage conditions are now improving. He also sees momentum arising in enterprises for solid state NVMe-drives.
Milligan made his statements at the announcement of Western Digital's fourth-quarter figur... Read more
HPE unveils new Primera storage solution
Hewlett Packard Enterprise (HPE) has unveiled a new storage platform called Primera that focuses on mission-critical applications and large-scale consolidations for enterprises.
For the time being, the 3PAR portfolio is still available and the company has promised to continue working on it. The stor... Read more
HPE expands SME portfolio with new storage, servers and switches
HPE has expanded its SME portfolio with new options such as ProLiant Gen 10 servers, StoreEasy storage, Aruba switches and Wi-Fi access points. The company's SME portfolio combines servers, storage, software, networking and cloud. All solutions build on the initial HPE Small Business Solutions, whic... Read more
QNAP and ULINK work together on AI health analysis of smart drives
QNAP Systems and ULINK Technology have announced that they are collaborating on a health analysis and fault forecasting service for smart disks powered by artificial intelligence. NAS users should thus get an early indication of potential disk problems.
ULINK provides IT storage test tools, QNAP cr... Read more
SUSE lowers IT operating costs for businesses with Enterprise Storage 6
SUSE has announced the latest version of its Enterprise Storage solution. Enterprise Storage 6 should enable IT organizations to adapt seamlessly to changing business requirements, while also reducing operating IT costs by transforming their enterprise storage infrastructure.
Enterprise Storage 6 i... Read more
Cohesity finds in Imanis Data first acquisition
The storage start-up Cohesity has announced the acquisition of Imanis Data, a provider of backup software for databases. It's the first acquisition of Cohesity, reports Silicon Angle. Financial details about the purchase are not known.
Only a year ago, Cohesity secured an investment of 250 million d... Read more