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Vast Data lands $118M to grow its data storage platform for AI workloads

TechCrunch

The New York-based startup, which provides a scale-out, unstructured data storage solution designed to eliminate tiered storage (i.e. setups that move data between high- and low-cost storage hardware), today announced that it secured $118 million in a Series E round led by […] © 2023 TechCrunch.

Storage 265
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Keep Labs’ smart storage redefines medication management

TechCrunch

Keep Labs built a lockable storage container for medicine, and it doesn’t matter if the meds come in bottles, boxes or dime bags. The Keep is designed to hold them safely and track their use. The company launched in 2019, won — and lost — an innovation award at CES 2020, and this week started […]

Storage 283
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EnCharge AI emerges from stealth with $21.7M to develop AI accelerator hardware

TechCrunch

EnCharge AI , a company building hardware to accelerate AI processing at the edge , today emerged from stealth with $21.7 Speaking to TechCrunch via email, co-founder and CEO Naveen Verma said that the proceeds will be put toward hardware and software development as well as supporting new customer engagements.

Hardware 216
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Cloud storage startup Wasabi raises $250M to reach unicorn status

TechCrunch

Two at the forefront are David Friend and Jeff Flowers, who co-founded Wasabi, a cloud startup offering services competitive with Amazon’s Simple Storage Service (S3). Wasabi, which doesn’t charge fees for egress or API requests, claims its storage fees work out to one-fifth of the cost of Amazon S3’s.

Storage 224
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Wasabi scores $112M Series C on $700M valuation to take on cloud storage hyperscalers

TechCrunch

Taking on Amazon S3 in the cloud storage game would seem to be a fool-hearty proposition, but Wasabi has found a way to build storage cheaply and pass the savings onto customers. Wasabi storage starts at $5.99 Wasabi just landed $68 million to upend cloud storage. “The business has just been exploding.

Storage 218
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The challenge of managing enterprise storage in a hybrid world

CIO

As enterprises and IT departments are being asked to do more with less, many are casting a critical eye over their storage costs. However, in reality only 8%-9% of organisations are planning full workload repatriation from the cloud to on-premises infrastructure, according to IDCs Server and Storage Workloads Survey.

Storage 158
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Energy Dome uses CO2 for long-term power storage for solar energy

TechCrunch

Longer-term energy storage is a drag, and a lot of battery tech has been focusing on “how quickly can we charge these batteries so I can drive my EV for another couple of hundred miles.” The heat is stored in a thermal energy storage device. The system has up to 200 MWh in storage capacity.

Energy 248