Welcome!

Containers Expo Blog Authors: Liz McMillan, Pat Romanski, Elizabeth White, John Rauser, Mark Leake

News Feed Item

Gridstore Achieves Significant Milestones as It Delivers on the Promise of Software Defined Storage

Company Momentum Fueled by Explosive Scale-Out Storage Opportunity to Support Unmet Storage Demands in Big Data, Cloud and Virtualized Environments

MOUNTAIN VIEW, CA -- (Marketwire) -- 01/18/13 -- Gridstore™, the leader in software defined storage solutions, today announced significant momentum for 2012, surpassing company expectations across all operational areas as it successfully delivers on the promise of software defined storage. For Gridstore, 2012 was marked by a number of milestones including rapid customer adoption, the launch of an expanded partner ecosystem, the attraction of fresh funding in October 2012, and a growing portfolio of industry accolades and awards.

As businesses of all sizes suffer from the explosion of data growth, Gridstore is meeting data influx needs that monolithic legacy architectures have not been able to solve. As the first to market with an advanced software-defined, scale-out storage platform, Gridstore's solution is able to scale as a business' data needs scale, without over-provisioning or wasting capacity. Gridstore's flagship product, The Grid™ revolutionizes the way storage is managed and seamlessly integrated into existing environments. It delivers scalability, performance and cost-efficiency to support unmet storage demands in big data, cloud and virtualized environments.

"The proliferation of data across companies of all sizes is increasing the complexity of maintenance, data protection, and availability for IT departments. The mid-market feels the pressures of these issues most and therefore demands a storage infrastructure that is aligned to solve these challenges," said Amita Potnis, senior research analyst, storage systems for IDC. "Gridstore's scale-out storage solution called the Grid is specifically designed for the mid-market that is suffering from influx of data and can no longer scale using traditional storage."

As it successfully responds to the needs of the mid-tier market for dynamically scalable storage, Gridstore achieved the following company milestones during 2012:

  • Closed $12.5 million in Series A financing, in October 2012, in a round led by GGV Capital and Onset Ventures. The new funding has been leveraged to expand the company's sales channels and to accelerate the delivery of grid-based, scale-out storage.
  • Named former Drobo CEO and BlueArc Founder, Geoff Barrall, as executive chairman of the board. The storage-industry veteran and visionary brings decades of insight and leadership to Gridstore as it works to build highly successful new market opportunities.
  • Launched the Gridstore Accelerate Partner Program with attractive channel incentives to empower channel partners to deliver simple, powerful and affordable storage solutions to today's mid-size enterprises.
  • Named technology industry veteran, Chris Sterbenc, as vice president of sales to oversee the company's sales channel expansion as it embarks on the next wave of its growth strategy.

Gridstore has also been recognized with the following industry accolades and awards during 2012:

  • Won the 2012 Cloud Computing Excellence Award from TMC, as published in the January 2012 issue of Cloud Computing Magazine.
  • Selected as a 2012 Red Herring Top 100 Global Award recipient which recognizes leading private companies and celebrates startup innovation and technologies across their respective industries.
  • Secured a "Bronze" placement in the Storage Systems category for the 2011 Products of the Year presented by the editors of TechTarget's Storage Media Group, including Storage Magazine and SearchStorage.com.
  • Recognized as one of "The 10 Coolest Startups of 2012" by CRN Magazine, ranking No. 6 on the list of what the article calls "groundbreaking" startups.
  • Named a "Hot Storage Startup" by Enterprise Storage Forum.

"Our significant performance throughout 2012 is continued proof that our approach to scalable, high performance storage is distinctly positioned to change the game for today's storage paradigm," said Kelly Murphy, CEO, Gridstore. "In 2013, you will see Software Defined Storage emerge as the ideal architecture for the virtualized data center. And, as a result, customers will be able to benefit from the best possible price/performance combination with the flexibility and simplicity that is not possible with the monolithic storage solutions of yesterday."

News: @Gridstore achieves significant milestones as it delivers on the promise of software defined storage

Follow Gridstore on Twitter at http://twitter.com/gridstore

About Gridstore
Gridstore is the leading provider of software defined storage that turns simple storage building blocks into the world's most powerful and affordable storage without limits. Gridstore brings the era of mainframe-style monolithic storage and its disruptive forklift upgrades to an end. The Grid allows businesses to start small and pay as they grow to any size while growing more powerful with each additional block. We eliminate the frustrations of planning and forecasting for the unknown. No more headaches, no more disruption to the business. Now you can effortlessly give your organization the powerful storage it demands. Gridstore is headquartered in Mountain View, Calif. For more information, please visit: http://www.gridstore.com.

Media Contact:
Sabrina Sanchez
The Ventana Group
(925) 785-3014
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
SYS-CON Events announced today that TMC has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo and Big Data at Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Global buyers rely on TMC’s content-driven marketplaces to make purchase decisions and navigate markets. Learn how we can help you reach your marketing goals.
SYS-CON Events announced today that TechTarget has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TechTarget storage websites are the best online information resource for news, tips and expert advice for the storage, backup and disaster recovery markets.
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
SYS-CON Events announced today that Conference Guru has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. A valuable conference experience generates new contacts, sales leads, potential strategic partners and potential investors; helps gather competitive intelligence and even provides inspiration for new products and services. Conference Guru works with conference organi...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists looked at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deliver...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 21st Int\ernational Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their ...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
When growing capacity and power in the data center, the architectural trade-offs between server scale-up vs. scale-out continue to be debated. Both approaches are valid: scale-out adds multiple, smaller servers running in a distributed computing model, while scale-up adds fewer, more powerful servers that are capable of running larger workloads. It’s worth noting that there are additional, unique advantages that scale-up architectures offer. One big advantage is large memory and compute capacity...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.