Click here to close now.


SAP HANA Cloud Authors: Betty Zakheim, Greg O'Connor, Pat Romanski, Jnan Dash, Elizabeth White

News Feed Item

Gridstore Achieves Significant Milestones as It Delivers on the Promise of Software Defined Storage

Company Momentum Fueled by Explosive Scale-Out Storage Opportunity to Support Unmet Storage Demands in Big Data, Cloud and Virtualized Environments

MOUNTAIN VIEW, CA -- (Marketwire) -- 01/18/13 -- Gridstore™, the leader in software defined storage solutions, today announced significant momentum for 2012, surpassing company expectations across all operational areas as it successfully delivers on the promise of software defined storage. For Gridstore, 2012 was marked by a number of milestones including rapid customer adoption, the launch of an expanded partner ecosystem, the attraction of fresh funding in October 2012, and a growing portfolio of industry accolades and awards.

As businesses of all sizes suffer from the explosion of data growth, Gridstore is meeting data influx needs that monolithic legacy architectures have not been able to solve. As the first to market with an advanced software-defined, scale-out storage platform, Gridstore's solution is able to scale as a business' data needs scale, without over-provisioning or wasting capacity. Gridstore's flagship product, The Grid™ revolutionizes the way storage is managed and seamlessly integrated into existing environments. It delivers scalability, performance and cost-efficiency to support unmet storage demands in big data, cloud and virtualized environments.

"The proliferation of data across companies of all sizes is increasing the complexity of maintenance, data protection, and availability for IT departments. The mid-market feels the pressures of these issues most and therefore demands a storage infrastructure that is aligned to solve these challenges," said Amita Potnis, senior research analyst, storage systems for IDC. "Gridstore's scale-out storage solution called the Grid is specifically designed for the mid-market that is suffering from influx of data and can no longer scale using traditional storage."

As it successfully responds to the needs of the mid-tier market for dynamically scalable storage, Gridstore achieved the following company milestones during 2012:

  • Closed $12.5 million in Series A financing, in October 2012, in a round led by GGV Capital and Onset Ventures. The new funding has been leveraged to expand the company's sales channels and to accelerate the delivery of grid-based, scale-out storage.
  • Named former Drobo CEO and BlueArc Founder, Geoff Barrall, as executive chairman of the board. The storage-industry veteran and visionary brings decades of insight and leadership to Gridstore as it works to build highly successful new market opportunities.
  • Launched the Gridstore Accelerate Partner Program with attractive channel incentives to empower channel partners to deliver simple, powerful and affordable storage solutions to today's mid-size enterprises.
  • Named technology industry veteran, Chris Sterbenc, as vice president of sales to oversee the company's sales channel expansion as it embarks on the next wave of its growth strategy.

Gridstore has also been recognized with the following industry accolades and awards during 2012:

  • Won the 2012 Cloud Computing Excellence Award from TMC, as published in the January 2012 issue of Cloud Computing Magazine.
  • Selected as a 2012 Red Herring Top 100 Global Award recipient which recognizes leading private companies and celebrates startup innovation and technologies across their respective industries.
  • Secured a "Bronze" placement in the Storage Systems category for the 2011 Products of the Year presented by the editors of TechTarget's Storage Media Group, including Storage Magazine and
  • Recognized as one of "The 10 Coolest Startups of 2012" by CRN Magazine, ranking No. 6 on the list of what the article calls "groundbreaking" startups.
  • Named a "Hot Storage Startup" by Enterprise Storage Forum.

"Our significant performance throughout 2012 is continued proof that our approach to scalable, high performance storage is distinctly positioned to change the game for today's storage paradigm," said Kelly Murphy, CEO, Gridstore. "In 2013, you will see Software Defined Storage emerge as the ideal architecture for the virtualized data center. And, as a result, customers will be able to benefit from the best possible price/performance combination with the flexibility and simplicity that is not possible with the monolithic storage solutions of yesterday."

News: @Gridstore achieves significant milestones as it delivers on the promise of software defined storage

Follow Gridstore on Twitter at

About Gridstore
Gridstore is the leading provider of software defined storage that turns simple storage building blocks into the world's most powerful and affordable storage without limits. Gridstore brings the era of mainframe-style monolithic storage and its disruptive forklift upgrades to an end. The Grid allows businesses to start small and pay as they grow to any size while growing more powerful with each additional block. We eliminate the frustrations of planning and forecasting for the unknown. No more headaches, no more disruption to the business. Now you can effortlessly give your organization the powerful storage it demands. Gridstore is headquartered in Mountain View, Calif. For more information, please visit:

Media Contact:
Sabrina Sanchez
The Ventana Group
(925) 785-3014
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
Container technology is shaping the future of DevOps and it’s also changing the way organizations think about application development. With the rise of mobile applications in the enterprise, businesses are abandoning year-long development cycles and embracing technologies that enable rapid development and continuous deployment of apps. In his session at DevOps Summit, Kurt Collins, Developer Evangelist at, examined how Docker has evolved into a highly effective tool for application delivery by allowing increasingly popular Mobile Backend-as-a-Service (mBaaS) platforms to quickly crea...
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true change and transformation possible.
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York and Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound cha...
Internet of @ThingsExpo, taking place June 7-9, 2016 at Javits Center, New York City and Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 18th International @CloudExpo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo New York Call for Papers is now open.
The cloud. Like a comic book superhero, there seems to be no problem it can’t fix or cost it can’t slash. Yet making the transition is not always easy and production environments are still largely on premise. Taking some practical and sensible steps to reduce risk can also help provide a basis for a successful cloud transition. A plethora of surveys from the likes of IDG and Gartner show that more than 70 percent of enterprises have deployed at least one or more cloud application or workload. Yet a closer inspection at the data reveals less than half of these cloud projects involve production...
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it! In her Day 2 Keynote at 17th Cloud Expo, Sandy Carter, IBM General Manager Cloud Ecosystem and Developers, and a Social Business Evangelist, wil...
Cloud computing delivers on-demand resources that provide businesses with flexibility and cost-savings. The challenge in moving workloads to the cloud has been the cost and complexity of ensuring the initial and ongoing security and regulatory (PCI, HIPAA, FFIEC) compliance across private and public clouds. Manual security compliance is slow, prone to human error, and represents over 50% of the cost of managing cloud applications. Determining how to automate cloud security compliance is critical to maintaining positive ROI. Raxak Protect is an automated security compliance SaaS platform and ma...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
There are over 120 breakout sessions in all, with Keynotes, General Sessions, and Power Panels adding to three days of incredibly rich presentations and content. Join @ThingsExpo conference chair Roger Strukhoff (@IoT2040), June 7-9, 2016 in New York City, for three days of intense 'Internet of Things' discussion and focus, including Big Data's indespensable role in IoT, Smart Grids and Industrial Internet of Things, Wearables and Consumer IoT, as well as (new) IoT's use in Vertical Markets.
Today air travel is a minefield of delays, hassles and customer disappointment. Airlines struggle to revitalize the experience. GE and M2Mi will demonstrate practical examples of how IoT solutions are helping airlines bring back personalization, reduce trip time and improve reliability. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Dr. Sarah Cooper, M2Mi’s VP Business Development and Engineering, explored the IoT cloud-based platform technologies driving this change including privacy controls, data transparency and integration of real time context with p...
The Internet of Things (IoT) is growing rapidly by extending current technologies, products and networks. By 2020, Cisco estimates there will be 50 billion connected devices. Gartner has forecast revenues of over $300 billion, just to IoT suppliers. Now is the time to figure out how you’ll make money – not just create innovative products. With hundreds of new products and companies jumping into the IoT fray every month, there’s no shortage of innovation. Despite this, McKinsey/VisionMobile data shows "less than 10 percent of IoT developers are making enough to support a reasonably sized team....
We all know that data growth is exploding and storage budgets are shrinking. Instead of showing you charts on about how much data there is, in his General Session at 17th Cloud Expo, Scott Cleland, Senior Director of Product Marketing at HGST, showed how to capture all of your data in one place. After you have your data under control, you can then analyze it in one place, saving time and resources.
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningful and actionable insights. In his session at @ThingsExpo, Paul Turner, Chief Marketing Officer at...
DevOps is about increasing efficiency, but nothing is more inefficient than building the same application twice. However, this is a routine occurrence with enterprise applications that need both a rich desktop web interface and strong mobile support. With recent technological advances from Isomorphic Software and others, rich desktop and tuned mobile experiences can now be created with a single codebase – without compromising functionality, performance or usability. In his session at DevOps Summit, Charles Kendrick, CTO and Chief Architect at Isomorphic Software, demonstrated examples of com...
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
The Internet of Everything is re-shaping technology trends–moving away from “request/response” architecture to an “always-on” Streaming Web where data is in constant motion and secure, reliable communication is an absolute necessity. As more and more THINGS go online, the challenges that developers will need to address will only increase exponentially. In his session at @ThingsExpo, Todd Greene, Founder & CEO of PubNub, exploreed the current state of IoT connectivity and review key trends and technology requirements that will drive the Internet of Things from hype to reality.
Two weeks ago (November 3-5), I attended the Cloud Expo Silicon Valley as a speaker, where I presented on the security and privacy due diligence requirements for cloud solutions. Cloud security is a topical issue for every CIO, CISO, and technology buyer. Decision-makers are always looking for insights on how to mitigate the security risks of implementing and using cloud solutions. Based on the presentation topics covered at the conference, as well as the general discussions heard between sessions, I wanted to share some of my observations on emerging trends. As cyber security serves as a fou...
Continuous processes around the development and deployment of applications are both impacted by -- and a benefit to -- the Internet of Things trend. To help better understand the relationship between DevOps and a plethora of new end-devices and data please welcome Gary Gruver, consultant, author and a former IT executive who has led many large-scale IT transformation projects, and John Jeremiah, Technology Evangelist at Hewlett Packard Enterprise (HPE), on Twitter at @j_jeremiah. The discussion is moderated by me, Dana Gardner, Principal Analyst at Interarbor Solutions.
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.