Scality Gets $22 Million for Scale-Out Storage
July 12th, 2013 By: John Rath
Storage and big data companies Scality and WebAction receive funding to advance their offerings, and Avere Systems is selected for the Library of Congress and South American web hosting company Locaweb.
Scality secures $22 million. Storage provider Scality announced it has closed its series C funding round for $22 million, bringing the total invested capital since company inception to $35 million. With funding led by Menlo Ventures and Iris Capital, the investment will be used to strengthen its worldwide sales & marketing initiatives targeting enterprise and service provider markets, and to increase investment in its world-class R&D team. Customers deploy Scality’s software to provide large-scale storage for Cloud, Big Data, and Backup and Archive applications. “The growth opportunity in the software storage market is very exciting for us,” said Doug Carlisle, managing director, Menlo Ventures. “The intersection of Mobile, Social, Big Data and Cloud Infrastructure is creating a disruption in technology innovation. Scality is leading the disruption in software defined storage technology. Since its introduction in 2010, Scality’s RING software storage product has seen rapid adoption by companies eager to try a new storage approach. We look forward to watching Scality continue to innovate in data storage solutions for the web scale infrastructure markets.”
Customer wins for Avere. Avere Systems announced that the Library of Congress has selected the company to increase the efficiency and performance of its storage infrastructure. The Library of Congress website and file repositories will be supported by Avere’s FXT Series Edge Filers, enabling congressional and public users quick access to valuable content. The Avere FXT Series, with its ability to deliver up to 150 TB of Flash in a single cluster, was built to address the difficulty of providing fast and scalable access to large amounts of content typified by the Library of Congress data environment,” said Ron Bianchini, president and CEO, Avere Systems. “This is a tremendous achievement for Avere and we are excited that our products are helping the Library of Congress deliver its massive data stores to users.” Avere also announced that a large South American web hosting company Locaweb has selected Avere FXT Series Edge filers to realize performance and cost improvements in hosting more than 500,000 web sites. Locaweb first leveraged Avere to consolidate and simplify the management of thousands of storage appliances and drives into a single global namespace. In addition, Avere was able to help Locaweb’s performance by dynamically tiering active data to high-performance FXT Series Edge filers and offloading the ZFS-based Core filers.
WebAction receives $11 million investment. Real-time big data server company WebAction announced that it has closed an $11 million Series B financing led by Summit Partners. The new capital will allow the company to expand research and development, and increase investments in sales, marketing, and other business development activities. Its Real-Time Big Data Server is an end-to-end platform that enables the next generation of real-time, data driven applications by acquiring, processing, and delivering structured and unstructured data. ”We are delighted to have Summit Partners join the team as their experience and success with rapidly growing companies makes them the ideal partner for WebAction,” said Ali Kutay, Chairman and CEO of WebAction. “Given our prior joint successes with Summit Partners,” he added, “we are well positioned to deliver industry-leading solutions to the enterprise market.”