Feeds

Cash rains DOWN on the Cloud - Nasuni trousers $20m

Man, this tech is turning the world upside down

Top three mobile application threats

Cash is raining down on cloud storage startups - and now Nasuni has netted a $20m wad of C-round funding.

Nasuni provides a gateway to online storage with a local cache of files for branch offices. It recently added the capability for block data access - NAS plus unified storage, or Nasuni for short. The clouds can be private or public, by the way.

Investors piled in, but the lead sugar daddy in this C-round is a secret, merely being described as a "key investor". Could it be a mainstream storage supplier eyeing up a manufacturing relationship with Nasuni - or even acquiring the company?

CEO Andres Rodriguez said: "This is not storage tiering or cloud archive, but primary storage delivered as a service. Combining this type of true innovation with the fact that our revenue has grown year over year by a factor of ten, and you can understand why investor interest was so strong."

Nasuni says its order book grew 250 per cent in the third quarter of 2012 compared to the year-ago quarter; twice as much data is now managed by its products compared to then. It says it's had a 100 per cent renewal rate from its enterprise customers.

The new cash will be used to fund more engineering development and grow Nasuni's sales and marketing teams. Total funding for Nasuni is now $43m following an $8m A-round in December 2009 and a $15m B-round in December 2010.

Nasuni's pitch is that existing data centre storage arrays are being disaggregated: primary data is going to flash storage and everything else is going off to the cloud. Users and servers still see the same storage resources, but the data and hardware is distributed differently behind the existing file and block interfaces.

Cloud gateway startups take an axe to storage array controllers, chopping them off and replacing them with their own boxes. These arrays are dinosaurs, according to people like Rodriguez, and they're facing imminent extinction.

El Reg storage desk isn't at all sure about that. One should never under-estimate the adaptability and agility of mainstream suppliers, such as Dell, EMC, HDS, HP - yes HP, IBM, NetApp and Oracle. Building a cloud storage gateway to their own storage arrays in the cloud would not be that hard. Look at NetApp's V-series, an ONTAP virtualising head that pops a front-end on third-party arrays that happen to be in the data centre.

Add a network link and interface software and voila, they could be in the cloud.

A key question remains: will they do it and will they do it fast enough to stop Nasuni and its peers taking business away from them? ®

High performance access to file storage

More from The Register

next story
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Kingston DataTraveler MicroDuo: Turn your phone into a 72GB beast
USB-usiness in the front, micro-USB party in the back
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Inside the Hekaton: SQL Server 2014's database engine deconstructed
Nadella's database sqares the circle of cheap memory vs speed
BOFH: Oh DO tell us what you think. *CLICK*
$%%&amp Oh dear, we've been cut *CLICK* Well hello *CLICK* You're breaking up...
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
AMD's 'Seattle' 64-bit ARM server chips now sampling, set to launch in late 2014
But they won't appear in SeaMicro Fabric Compute Systems anytime soon
Amazon reveals its Google-killing 'R3' server instances
A mega-memory instance that never forgets
prev story

Whitepapers

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.