Storwize

Data Storage Optimization with Real-time Data Compression

Business Software
Acquired (Inactive) by IBM on Jun 2010 - closed due to acquisition
Acquired Founded 2004
LinkedIn
Total raised
$30.0M
Last: Series C 2008-04
Stage
Acquired
Founded
2004
Headcount
126
HQ
Sector
Business Software

About

Storwize provides real-time data compression solutions that boost storage space on network storage environments. The company's appliances are installed between the organization's storage arrays and network. Designed to work with any storage array, the Storwize appliance typically provides organizations with 2-5 times more capacity, with associated savings in capital, operational, maintenance, and management resources. Storwize solutions have been shipped to customer sites worldwide and successfully tested for interoperability with storage vendors such as EMC and NetApp. The company has won several industry honors from analyst firms and IT publications, and added multiple new customers in different vertical markets worldwide.

Funding history · 3 rounds · $30.0M total

2008-04
Series C $19.0M
2007-06
Series B $9.0M
2006-01
Series A $2.0M

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsData Architecture
Technologies
ComponentsFixed
Target customers
Enterprise & Professional ServicesEnterprises
Business model
B2GB2B

Tags

enterprise-solutionsdata-storage