Thursday February 21, 2019

Google introduces dual-region storage buckets to simplify data redundancy

Google is playing catch-up in the cloud, and as such it wants to provide flexibility to differentiate itself from AWS and Microsoft. Today, the company announced a couple of new options to help separate it from the cloud storage pack. Storage may seem stodgy, but it’s a primary building block for many cloud applications. Before […]

Encrypted cloud storage and collaboration company Tresorit secures €11.5M Series B

Tresorit, the Swiss-Hungarian company that provides end-to-end encrypted “file sync and sharing” for businesses, has closed €11.5 million in Series B financing. The round is led by European growth capital investor 3TS Capital Partners, alongside PortfoLion, a Central European venture capital. A number of existing investors also participated, such as Andreas Kemi, an early investor […]

Storage provider Cloudian raises $94M

Cloudian, a company that specializes in helping businesses store petabytes of data, today announced that it has raised a $94 million Series E funding round. Investors in this round, which is one of the largest we have seen for a storage vendor, include Digital Alpha, Fidelity Eight Roads, Goldman Sachs, INCJ, JPIC (Japan Post Investment Corporation), NTT […]

With Cloud Filestore, the Google Cloud gets a new storage option

Google is giving developers a new storage option in its cloud. Cloud Filestore, which will launch into beta next month, essentially offers a fully managed network attached storage (NAS) service in the cloud. This means that companies can now easily run applications that need a traditional file system interface on the Google Cloud Platform. Traditionally, […]

AWS launches a cheaper single-zone version of its S3 storage service

AWS’ S3 storage service today launched a cheaper option for keeping data in the cloud — as long as developers are willing to give up a few 9s of availability in return for saving up to 20 percent compared to the standard S3 price for applications that need infrequent access. The name for this new […]

Pure Storage teams with Nvidia on GPU-fueled Flash storage solution for AI

As companies gather increasing amounts of data, they face a choice over bottlenecks. They can have it in the storage component or the backend compute system. Some companies have attacked the problem by using GPUs to streamline the back end problem or Flash storage to speed up the storage problem. Pure Storage wants to give […]

Microsoft will buy out existing cloud storage contracts for customers switching to OneDrive for Business

 Microsoft is targeting its cloud storage rivals including Dropbox, Box, and Google today by offering to essentially buy out customers’ existing contracts if they make the switch to OneDrive for Business. The company says that customers currently paying for one of these competitive solutions, can instead opt to use OneDrive for free for the remainder […]

Microsoft launches a new archival storage option for Azure

 Microsoft introduced a new storage option for its Azure cloud computing platform in preview today: the Azure Archive Blob Storage. This will give developers a cheaper alternative for the long-term storage of large amounts of archival data like logs, raw camera footage, audio recordings, transcripts and medical documents and images. This new tier joins the […]

Storage provider Tintri’s IPO filing shows mounting losses

 Blue Apron wasn’t the only venture-backed business to announce its IPO this week. Tintri, an enterprise cloud platform company, unveiled its filing.  The stock market is doing well and there’s been a strong appetite for tech offerings, so it’s a good time to go public.  But Tintri’s mounting losses could prove to be problematic. Tintri […]

The day Amazon S3 storage stood still

 By now you’ve probably heard that Amazon’s S3 storage service went down in its Northern Virginia datacenter for the better part of 4 hours yesterday, and took parts of a bunch of prominent websites and services with it. It’s worth noting that as of this morning, the Amazon dashboard was showing everything was operating normally. While […]