ARCHITECHT Daily: Storage isn't dead, it just got a cloud makeover

Covering storage has never really been my thing, but it's hard not to notice when an industry goes th
ARCHITECHT
ARCHITECHT Daily: Storage isn't dead, it just got a cloud makeover
By ARCHITECHT • Issue #53 • View online
Covering storage has never really been my thing, but it’s hard not to notice when an industry goes through the type of upheaval that enterprise storage has over the past couple years. Looking beyond huge deals like EMC merging with Dell, there’s also the the cratering stocks for former darlings such as Pure Storage and Nutanix. 
But storage, like servers, can never really die. It just got haircut and moved to the cloud, where everyone’s attention is and where their money is headed. At least, that’s my reading of the situation after seeing a handful of big storage funding rounds in the past couple days:
  • Snowflake Computing raises $100 million: Former Microsoft exec Bob Muglia’s data warehousing startup is founded on the economics of cloud computing, and stores data in Amazon S3. It appears to be on tear, and has now raised $205 million since it launched a few years ago.
  • Portworx raises $20 million: Portworx has built a storage system designed for containers, aggregating capacity across the cluster (and even network storage) to provide a persistent storage pool to support stateful services. The company has now raised more than $28 million, and also announced some large customer including GE Digital and Lufthansa.
  • Cohesity raises $90 million: Cohesity sells a scale-out hardware platform for federating “secondary storage,” and Bloomberg reports the company is now valued at $500 million. Its support for various cloud storage tiers, including cold storage services, might be the most valuable part in the end, though.
  • Qumulo raises $30 million: Qumulo sells a federated and intelligent file storage system for industries like media and life sciences that can run on the company’s flash appliances, but also across cloud storage. It has now raised $130 million.
Of course, not all storage will move to cloud. The Register reported on Tuesday about a stealth-mode vendor called Vexata that’s raised quite a bit of money and claims incredibly fast storage performance for its flash array. However, as the author notes:
If it can deliver on the claims above then we could be about to welcome the latest and greatest storage array to our shared storage world. If it can’t then there’ll be another headstone in the storage technology graveyard.

If you enjoy the newsletter, please help spread the word via Twitter, or however else you see fit.
If you’re interested in sponsoring, please drop me a line.
Use Feedly? Get ARCHITECHT via RSS here:
Artificial intelligence
I am going to try very hard to only cover AI startups, however broadly defined, that are doing something very interesting or very valuable. Hopefully, I’ll be able to weed through the sea of marketing analytics, wardrobe specialists and bots to find the diamonds in the rough. Here are two:
Cloud and infrastructure
The web and cloud giants are not done building data centers—probably not by a long shot. On Tuesday, we learned of two new ones in new geographic locales:
Sponsor: Marshal.io
Sponsor: Marshal.io
All things data
Listen to the ARCHITECHT Show podcast
Did you enjoy this issue?
ARCHITECHT
ARCHITECHT delivers the most interesting news and information about the business impacts of cloud computing, artificial intelligence, and other trends reshaping enterprise IT. Curated by Derrick Harris. Check out the Architecht site at https://architecht.io
Carefully curated by ARCHITECHT with Revue. If you were forwarded this newsletter and you like it, you can subscribe here. If you don't want these updates anymore, please unsubscribe here.