EMC

Qumulo snags $24.5M to staff up its stealthy storage push

Led by an array of former Isilon executives, Qumulo says it will attack the $35 billion enterprise storage market, although it’s not saying how just yet. Highland Capital Partners leads the Series A round with help from Madrona Venture group and Valhalla Partners.

Boston preps big kickoff for big data hub

Hack/reduce will launch its cool new work space near Cambridge’s Kendall Square on Thursday. The goal of the effort is to bring together the best big data people from private and public sectors and academia to train up the next generation of data scientists.

SimpliVity gets $25M to push its super appliance

Kleiner Perkins Caufield & Byers led the Series B round which also includes contributions from Accel Partners and Charles River Ventures. SimpliVity is building a data center appliance that it says can replace a half-dozen specialized boxes and be run by a single VM admin.

Atlantis cuts RAM requirement for diskless VDI

One reason the year of desktop virtualization is always on the horizon but never gets here, is its expense. Atlantis Computing says its software cuts RAM requirements to 500MB per user, down from 1.2GB so VDI can be deployed without storage hardware.

EMC’s Tucci: $2.4B on R&D this year

EMC CEO Joe Tucci gave a lecture at the University of Washington last night in which he said EMC spent $10.5 billion on research and development and $14 billion on acquisitions between 2003 and 2010, numbers that should only rise over the next eight years.

Consolidation Can Bring Some Clarity to the Cloud

Consolidation and convergence mean many things in this industry, and impact everything from technical minutiae to broad-brush business decisions. Monopolies are undesirable, but the opposite extreme of an unbounded set of companies may also be unhelpful in a maturing market.

Why EMC bought Isilon for $2.25 Billion

EMC Corp. said today it will acquire scale-out storage provider Isilon Systems in an all-cash deal worth $2.25 billion. The deal is one of several high-profile acquisitions and fundings in the storage space as companies try to handle the data created by our online activity.

Big Data = Big Money: EMC Buys Greenplum

EMC realizes two simple facts: pure hardware is a commodity and the next industrial revolution is all about data. And that is why it is accelerating its investments in software. Today it acquired Greenplum, a 10-year-old data warehouse software company for north of $300 million.