Posts Tagged ‘cloud storage’

Box.net Raises $48M For Cloud Storage Platform

Thursday, February 24th, 2011

Box.net has raised $48 million in new funding to enhance and grow it’s cloud storage platform.  The new round of funding was led by Meritech Capital Partners with Andreessen Horowitz, Emergence Capital Partners, Draper Fisher Jurvetson, Scale Venture Partners and US Venture Partners. This brings the company’s total funding to $78 million.

Box started as a simple cloud storage platform to a collaborative enterprise offering with mobile and social capabilities. The company now stores 300 million documents on its platform (more than the Library Of Congress) and has accumulated 5 million users (up from 4 million last year).

Enterprise customers include DreamWorks, Cisco and Dell and 60,000 other companies, or 73% of the Fortune 500, use Box to share, access and collaborate on business content online, as well as from iPads, iPhones and Android devices. In fact, Box has seen 400,000 downloads for its iOS and Android apps.

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EMC Buys Isilon

Monday, November 15th, 2010

EMC has just acquired Isilon Systems for $2.25 billion in cash or approximately $33.85 per share. We have been hearing about this for some time but now it is official!  So what will happen with Isilon Systems now?  We use the Isilos storage for our cloud hosting storage platform.  Will we still be able to get our storage platform from Isilon?

Isilon is know for its “Scale-out NAS” storage systems.  This offers customers a scalable but low-cost storage infrastructure for managing a ton of data.  Clients who need Isilon’s data storage capabilities are typically very large storage clients like datacenters.

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Box.net Using Cloud Servers

Thursday, October 28th, 2010

Cloud server storage and sharing application Box.net is changing the rules with an upgrade to its free and paid plans today. They are increasing the data storage limits for its personal, business, and enterprise plans.

Box’s current subscription plan come with 5GB of free web storage. Box’s business plan is being changed so that companies don’t pay by the individual user (businesses were given 15GB per users previously). Now businesses will automatically receive 500GB of data storage, tripling the amount of storage the average business subscriber has access to. Enterprise customers will have access to an unlimited amount of data storage,, says Box.net’s CEO Aaron Levie, allowing companies to manage terabytes of data in the cloud (Box charges enterprise customers $35 per user per month).

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