Hyperconverged secondary storage provider Cohesity closed $250 million in an oversubscribed Series D funding round led by the SoftBank Vision Fund with strong participation from strategic investors Cisco Investments, Hewlett Packard Enterprise, and Morgan Stanley Expansion Capital, as well as early investor Sequoia Capital. Cohesity
NVMe-oF storage technologies provider Pavilion Data Systems revealed what it calls the industry’s first NVMe-oF storage array for rack-scale modern applications. Pavilion’s purpose-built platform is designed to provide direct-attached storage with the flexibility, manageability, and economics of shared storage for modern rack-scale applications. Pavilion Data
Scality, a software company specializing in distributed file and object storage and multi-cloud data control, raised an additional $60 million in funding from Silverpeak, a Europe-based technology-focused independent investment bank. This latest round includes participation from existing investors, Scality staff, and a new investor, Harbert
Storage company Closetbox has announced a $7.3 million Series A funding round. Lead investors include Boulder Ventures, which began investing in Closetbox in 2016. Closetbox allows customers to store their belongings in secure storage facilities without leaving the comfort of their homes. Professional movers pick
Iron Mountain Incorporated, a provider of storage and information management services, announced it has entered into an agreement to acquire the U.S. operations of IO Data Centers LLC, a colocation data center services provider based in Phoenix, Arizona, for $1.315 billion. With the transaction, Iron Mountain
ESS Inc. secured $13 million in Series B financing, led by BASF Venture Capital America. Cycle Capital, Presidio Partners, Pangaea Ventures, and InfraPartners Management also participated in the funding. ESS Inc. manufactures low-cost, long-duration, all-iron redox flow batteries for commercial and utility-scale energy storage applications
Storage startup StrongBox Data Solutions announced it secured $27 million in financing. Fonds de solidarite FTQ and Partner One Capital participated in the round. By leveraging the power of machine learning, StrongBox Data Solutions offers a suite of solutions that strives to reduce storage costs,
Storage startup Excelero announced it has raised $30 million in Series B financing, led by Battery Ventures. Participants also included Qualcomm Ventures and Square Peg Ventures. Excelro has created a software-defined block storage solution, NVMesh, that allows customers to build distributed, high-performance server SAN for mixed
Enterprise IT startup OpenIO announced the completion of $5 million in financing led by Elaia Partners, Partech Ventures, and Nord France Amorcage. OpenIO specializes in software-defined storage and scalability challenges with open-source technology to help businesses build hyper scalable storage infrastructures with integrated compute capabilities. It
Cummins, an American Fortune 500 corporation that designs, manufactures, and distributes engines, filtration, and power generation products, announced it has acquired transportation startup Brammo. Brammo’s Embedded OpenType (EoT) platform provides for rapid go-to-market of lithium-ion energy storage with full system integration into vehicle, device, or portable