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The 10 Hottest Data Storage Startups Of 2022 (So Far)

Joseph F. Kovar

Here are 10 data storage startups looking to stand out in a world where traditional storage growth is quickly giving way to the growth in cloud-based storage.

Another Year, Another Crop Of Data Storage Startups

See the latest entry: The 10 Hottest Data Storage Startups Of 2022

Storage vendors live in an interesting world. There are so many innovators coming up with great ideas to solve a key customer problem. However, the reality is, customers want a complete solution, and so many of those startups find they are more likely to either be acquired or whither on the vine than they are to succeed as a stand-alone company. That doesn’t stop the innovation, however, as the storage industry seems to attract more than its fair share of innovators.

Those innovators are facing a changing business. While spending on external storage systems has slowed to a mere 2 percent year-over-year by the first quarter of 2022, according to IDC, the cloud storage market is expected to maintain a compound annual growth rate (CAGR) of 24 percent from 2022 to 2029, according to the Enterprise Storage Forum.

Enter CRN’s list of 10 hot data storage startups so far in 2022. These companies were chosen because they have only recently introduced their first storage products or services. Three are from the hot flash storage market, but the majority are looking to make their marks in the similarly hot cloud storage market.

Interestingly enough, just looking at this list could give the impression that storage startups are not as tied to a U.S. foundation as they used to be. While Israel has always been a hotspot for storage startups, only three of the 10 startups featured here are based in the U.S. Two are in Israel, while the others are in various European countries.

One other note about this crop of startups. Of the 10 listed here, five of them have company names that start with the letter “i.” While this is likely mere coincidence, perhaps the letter “i” that was made so popular with the iPod, iPad, and iPhone is making a comeback.

Will all these companies survive long enough to make their mark on the storage industry? Time will tell. But for now they have good stories to tell. And CRN is there to help tell them.

* iodyne

* Inspeere

* Internxt

* icedrive

* Ionir

* Nexustorage

* Solidigm

* Speedb

* Storadera

* TenaFe

 
Joseph F. Kovar

Joseph F. Kovar is a senior editor and reporter for the storage and the non-tech-focused channel beats for CRN. He keeps readers abreast of the latest issues related to such areas as data life-cycle, business continuity and disaster recovery, and data centers, along with related services and software, while highlighting some of the key trends that impact the IT channel overall. He can be reached at jkovar@thechannelcompany.com.

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