Feeds

Nirvanix nabs $5m for cloud expansion

Start-up fattens self up for enterprise customers

Choosing a cloud hosting partner with confidence

Cloud storage start-up Nirvanx has gained $5m in B-round funding to strengthen its offering for enterprise customers.

The original A-round investors dipped into their wallets again, taking total funding north of $23m. The company is building out a global set of clustered data centres called the Storage Delivery Network. There are currently five nodes in the US, Europe and Asia. Nirvanix says the SDN, with a single global namespace in its Internet Media File System, supports millions of users and billions of files.

Jim Zierick, Nirvanix president and CEO, said: "This latest round of funding will allow us to expand the business to take advantage of the opportunities we have uncovered working with our existing customers." That could mean enabling its data centres to store more data, building more nodes or adding new service interfaces.

The company was founded in 2007 and is based in San Diego, California. In June last year it announced an enterprise offering and added NFS and CIFS interfaces to its service, providing a cloud NAS facility. Users attach the SDN to a local network as a Windows (CIFS, Windows Server 2003, Microsoft Windows XP) or Linux filer (NFS, RedHat 5 or Suse 10) and can then work with the applications they are accustomed to, or drag and drop files from their desktops to the SDN CloudNAS.

One of the B-round investors, Bryan Wolf, managing director of Intel Capital, said: "We are confident that continued investment in Nirvanix will result in increased opportunities in a rapidly expanding industry."

Nirvanix has some 500 customers, ranging from internet start-ups to Fortune 10 companies. Supplier interest in the cloud storage market is growing with Amazon, EMC, Google, Microsoft, Sun, Symantec and other very large suppliers putting money into cloud storage service infrastructure build-out, alongside newbies like Nirvanix and Parascale.

Judging by the B-round funding it looks like we are still very much in an investment phase, with service expansion not being fundable from customer revenues alone. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
The cloud that goes puff: Seagate Central home NAS woes
4TB of home storage is great, until you wake up to a dead device
Azure TITSUP caused by INFINITE LOOP
Fat fingered geo-block kept Aussies in the dark
You think the CLOUD's insecure? It's BETTER than UK.GOV's DATA CENTRES
We don't even know where some of them ARE – Maude
Intel offers ingenious piece of 10TB 3D NAND chippery
The race for next generation flash capacity now on
Want to STUFF Facebook with blatant ADVERTISING? Fine! But you must PAY
Pony up or push off, Zuck tells social marketeers
Oi, Europe! Tell US feds to GTFO of our servers, say Microsoft and pals
By writing a really angry letter about how it's harming our cloud business, ta
BOFH: WHERE did this 'fax-enabled' printer UPGRADE come from?
Don't worry about that cable, it's part of the config
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Managing SSL certificates with ease
The lack of operational efficiencies and compliance pitfalls associated with poor SSL certificate management, and how the right SSL certificate management tool can help.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.