Headquarters: Berkeley, Calif.
Focus: Open source distributed storage system
Why they're worth watching: This March 2015 spinout from UC Berkeley's AMPlab is still stealthy, but what we do know is that Andreessen Horowitz has supplied Tachyon Nexus with $7.5 million in Series A funding for the project, which aims to commercialize the open source Tachyon technology co-developed by company founder Haoyuan Li. The UC Berkeley computer science Ph.D. candidate describes Tachyon as a "memory-centric storage system enabling reliable file sharing at memory-speed across cluster frameworks, such as Spark and MapReduce." (The term "tachyon" refers to a hypothetical particle that moves faster than light.) In about two years, Tachyon -- under the Apache license -- has attracted more than 80 contributors from 30 organizations, including Intel and Red Hat.
Headquarters: Newark, Calif.
Focus: Flash and hybrid storage arrays
Why they're worth watching: Like many other new storage companies, Tegile has embraced flash technology. But it differentiates itself by offering hybrid storage systems as well, to balance cost and capacity needed to support organizations' databases and virtualized servers and desktops via storage-attached networks and network-attached storage setups. The company's leadership hails from Perfigo, a network admission control company that Cisco bought 10 years ago, and in fact, Tegile exhibited at this week's Cisco Live conference in San Diego, so who knows....? But for now, Tegile is thriving as an independent outfit, having just raised $70 million in Series D funding to bring its total to $117.5 million. CEO Rohit Kshetrapal exclaimed upon receiving the most recent funding: "With this infusion of venture and debt capital, we will be able to satisfy the rising demand for our Tegile Intelligent Flash Arrays and methodically build Tegile into a sustainable multi-billion-dollar business that will deliver maximum value to our investors." The company is looking to double its workforce to 600 employees over the next 18 months, while expanding its reseller channel for greater reach in Europe and Asia.
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