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Biotech- and healthcare-related startups led the way as those companies dominate the list, taking a vast majority of spots. DDN , $300M, datastorage: Data is the big-money game right now. Of course this is far from the only play the Blackstone Group has made in the data sector.
Data is the big-money game right now. Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based datastorage company at $5 billion. Big money Of course this is far from the only play the Blackstone Group has made in the data sector.
(tied) Crusoe Energy Systems , $500M, energy: Back in 2022, the Denver-based company was helping power Bitcoin mining by harnessing natural gas that is typically burned during oil extraction and putting it toward powering the datacenters needed for mining — raising a $350 million Series C equity round led by G2 Venture Partners , at $1.75
Venture money wasnt concentrated in just one sector, as VCs invested in everything from artificial intelligence to biotech to energy. tied) Retro Biosciences , $1B, biotech: AI can do a lot startup Retro Biosciences thinks it can even help us live longer. tied) DDN , $300M, datastorage: Data is the big-money game right now.
Data needs to be stored somewhere. However, datastorage costs keep growing, and the data people keep producing and consuming can’t keep up with the available storage. According to Internet DataCenter (IDC) , global data is projected to increase to 175 zettabytes in 2025, up from 33 zettabytes in 2018.
April also saw a half-dozen rounds of a quarter-billion dollars or more, including a $1 billion round for an AI-enhanced biotech. Xaira Therapeutics , $1B, biotech: The biggest round in April was really big. A startup needed to raise $200 million or more to break into this list for the April edition. Let’s take a look.
While there were no huge rounds like last week, money was again spread around from AI to biotech to marketing and more. Earlier in March, shares of Astera Labs — a developer of datacenter connectivity technology with use cases in generative AI — soared after its initial public offering on the Nasdaq.
It’s No Secret: Enterprises Reveal Customers’ Choice in the 2024 Gartner® Peer Insights™ Voice of the Customer for Primary Storage Adriana Andronescu Thu, 03/28/2024 - 10:26 Take out the guesswork! IT staff that report up to the CIOs have an opinion that has disrupted conventional decision-making in the storage buying process for arrays.
Data governance used to be considered a “nice to have” function within an enterprise, but it didn’t receive serious attention until the sheer volume of business and personal data started taking off with the introduction of smartphones in the mid-2000s.
Cloudera Stream Processing (CSP) enables customers to turn streams into data products by providing capabilities to analyze streaming data for complex patterns and gain actionable intel. These desired outcomes beget the need for a distributed streaming storage substrate optimized for ingesting and processing streaming data in real-time.
LIMS compiles the results according to the data entry standards , drags and drops them into a report template, and then distributes them to designated parties. Sample datastorage and exchange. The successful transfer of data files is a pivotal aspect of the modern LIMS. Storage management. Biospecimen shipping.
Khosla said that a good analogy was biotech/pharma investing, where it takes 10-15 years from concept to a drug approved on market. As Mateo Jaramillo, a former Tesla VP and now CEO of Form Energy , explained , “[Energy storage can be a] new asset class to invest in, like coal or natural gas.” Things are already in motion.
Other investors felt that a broader range of industries, like fintech and biotech, would eventually produce the biggest companies in the country. MLOps, too many, too quickly, Storage at large. cybersecurity/DevOps/connected everything/deep compute, big data and AI/next-generation storage and datacenter.
Crusoe Energy Systems , $600M, energy: Back in 2022, this Denver-based company was helping power Bitcoin mining by harnessing natural gas that is typically burned during oil extraction and putting it toward powering the datacenters needed for mining. billion valuation in the process.
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