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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

2

Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living

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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it
TechPointCloud

Cloud Storage Startup Emerges With $40 Million in Funds

Barb Darrow
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Barb Darrow
Barb Darrow
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Barb Darrow
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Barb Darrow
Barb Darrow
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April 12, 2016, 12:01 AM ET
Datera
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Datera, a Silicon Valley startup that says it can bring Amazon Web Services-like block data storage to business customers and service providers, has $40 million in venture funding to market its newly available service.

Block storage systems divide data into uniformly-sized chunks that are accessed by servers via common protocols as if they are independent hard drives. In public cloud computing, Amazon (AMZN) Web Services’ Elastic Block Store (EBS), working in tandem with Amazon’s compute servers, is used by thousands of companies.

The Question of Who Owns the Data Is Getting Trickier

Mountain View, Calif.-based Datera claims its product—Datera Elastic Data Fabric—can offer service providers or other businesses with a block storage option that can integrate with their own infrastructure. The service is compatible with OpenStack and CloudStack open-source cloud frameworks or VMware (VMW) vSphere server virtualization. It will also work with popular Docker containers as well as Kubernetes and Mesos container orchestration schemes.

This is the future of storage

In the new world of computing, customers “want their storage fast, at scale, with a self-service delivery model,” Datera co-founder and chief executive Marc Fleischmann said in a statement.

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Funding comes from Khosla Ventures, Samsung Ventures and Andy Bechtolsheim, co-founder of Sun Microsystems and Arista Networks(ANET) and Pradeep Sindhu, co-founder of Juniper Networks (JNPR).

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