Simplivity, Nimble Storage or Hedvig, HPE has invested considerably in recent months to redefine its storage proposals with solutions for private, hybrid or multi-cloud environments.
52 + 21.5 million
Earlier this month, Hewlett Packard Enterprise (HPE) invested in the Hedvig software-defined storage (SDS) startup, which we have already seen on two previous occasions in California. The company has teamed up with other investors to complete the $21.5 million round of financing to enable the start-up, created two years ago by Avinash Lakshman, co-creator of the Dynamo and Cassandra databases, to grow. It specializes in the sale of software-defined storage to companies that want to roll out private, hybrid or multi-cloud cloud environments. The Hedvig Distributed Storage Platform consolidates the storage of blocks, files and objects into a single platform accessible via API.
Already funded to the tune of $52 million to date, Hedvig has said it will use this latest funding to reach new markets, develop cloud and backup solutions for large enterprises and expand its engineering and sales teams and its distribution channels. "All sectors of enterprise computing are affected by the new requirements of the many emerging digital activities. This is a wake-up call for the storage industry and a realization that in the cloud age, primary and secondary storage networks need a flexible and simple software-defined solution," said Hedvig CEO Avinash Lakshman. "This round table is a testament to the hard work and dedication of Hedvig's team. We will build on our early commercial successes in key sectors, such as financial services, service providers, manufacturing, energy and distribution, to continue to innovate both in the cloud and in backup. With this latest round of funding, we will be able to take the lead in this fragmented market for software-defined storage."
A strong opening for Hedvig
The arrival of HPE among the investors is significant, marked by the appointment of the CTO of the Data Center Infrastructure Group, Milan Shetti, as Hedvig's technical adviser. This is the second time Milan Shetti has taken on an advisory role to work closely with a startup whose technology is used by HPE. In 2009, he was appointed President and CEO of Ibrix, a provider of data management and protection software for enterprise storage network architectures after its acquisition by HPE. HPE's investment in Hedvig comes after several acquisitions of storage providers this year. In January, HPE acquired the hyper-converted infrastructure company Simplivity, and in early March, HPE acquired the hybrid storage bay specialist Nimble Storage. The planned $650 million acquisition of Simplivity was designed to expand the technology giant's leadership in a growing hybrid IT industry, while tapping into the hyper-convergence market with revenues expected to reach $7 billion by 2020.
Essential consolidations
At the time, Meg Whitman, President and CEO of HPE, stated that the transaction would expand the HPE supplier's competencies in software defined and that the merger was perfectly in line with HPE's strategy to deliver simpler hybrid systems to customers. "More and more customers are looking for solutions that provide them with a secure, highly resilient, on-premise infrastructure with the same economic advantages as the cloud.
Source: HPE invests in restoring its storage division / March 2017 / © LeMondeInformatique
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