Category Archives: Storage

Portworx raises $27M Series C for its cloud-native data management platform

As enterprises adopt cloud-native technologies like containers to build their applications, the next question they often have to ask themselves is how they adapt their data storage and management practices to this new reality, too. One of the companies in this business is the four-year-old Portworx, which has managed to attract customers like Lufthansa Systems, GE Digital and HPE with its cloud-native storage and data-management platform for the Kubernetes container orchestration platform. Portworx today announced that it has raised a $27 million Series C funding round led […]

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Clutter confirms SoftBank-led $200M investment for its on-demand storage service

There’s plenty of speculation right now around apparently disgruntled investors in SoftBank’s Vision Fund, but the drum continues to beat and the checks continue to be written. The latest deal for the $100 billion mega-fund is Clutter, an on-demand storage company that pulled in $200 million in new financing for growth. Eagle-eyed viewers will recall that TechCrunch broke news of an impending SoftBank-led round of that size back in January, and now it is official. The startup is one of a number of companies that provide storage options […]

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Humio raises $9M Series A for its real-time log analysis service

Humio, a startup that provides a real-time log analysis service for on-premises and cloud infrastructures, today announced that it has raised a $9 million Series A round led by Accel. It previously raised its seed round from WestHill and Trifork. The company, which has offices in San Francisco, the U.K. and Denmark, tells me that it saw a 13x increase in its annual revenue in 2018. Current customers include Bloomberg, Microsoft and Netlify . “We are experiencing a fundamental shift in how companies build, manage and run […]

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They scaled YouTube — now they’ll shard everyone with PlanetScale

When the former CTOs of YouTube, Facebook and Dropbox seed fund a database startup, you know there’s something special going on under the hood. Jiten Vaidya and Sugu Sougoumarane saved YouTube from a scalability nightmare by inventing and open-sourcing Vitess, a brilliant relational data storage system. But in the decade since working there, the pair have been inundated with requests from tech companies desperate for help building the operational scaffolding needed to actually integrate Vitess. So today the pair are revealing their new startup PlanetScale that makes it […]

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Wasabi just landed $68 million to upend cloud storage

Chances are you see a story about cloud storage, and you yawn and move on, but Wasabi, a startup from the folks who brought you Carbonite backup, might make you pause. That’s because they claim to have found a cheaper, faster way to store data, and apparently investors like what they are seeing, forking over $68 million for a Series B investment. Yes, that’s a hefty amount for an early round, but with founders who have multiple successful exits, investors might have seen a lower risk than […]

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