Storage

Cloud storage startup Wasabi, an Amazon Web Services (AWS) alternative, raises $112M Series C funding for channel partner, MSP & distribution expansion.

Dell is upgrading performance of its Dell EMC PowerStore enterprise storage systems and software and introducing the PowerStore 500.

Druva raises $147 million in late-stage funding. Cloud data protection & backup company valued at over $2 billion. Druva IPO speculation continues.

SoftIron launched a global channel partner program to accelerate growth and marketshare of the company’s open source data center appliances.

Cloud data protection, backup & ransomware recovery software provider Cohesity hints IPO at $3.7 billion valuation or more is not far off: Report.

Private equity firm Oak Lane Partners acquires Thomastech, a data center solutions provider that supports HPE, Hitachi, IBM & Dell EMC storage hardware.

Infrascale's IBDR solution for SMBs includes new on-premises appliances, greater performance and hybrid cloud capabilities.