The 10 Biggest Storage Stories Of 2012


6. They Showed Us The Money

Economic uncertainties were brushed aside by investors in the storage industry who poured huge sums on capital in both startup and established storage vendors.

One of the biggest recipients was Code 42 Software, developer of the CrashPlan series of consumer, SMB and enterprise cloud storage and disaster recovery offerings. In January, Code 42 pocketed $52.5 million in its first round of venture capital funding.

Following closely behind was old hand Violin Memory, which in April scored a $50-million round, including money from SAP, and hybrid flash and hard drive storage array developer Nimble Storage, which in September closed a $40.7-million round.

 



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