INFINIDAT News
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Lenovo acquires enterprise storage company Infinidat in its first Israeli acquisition | CTech
Lenovo, a Chinese technology giant, has acquired the Israeli enterprise storage company Infinidat. The acquisition, which aligns with Lenovos growth strategy, will enhance its enterprise storage offerings. Although the purchase amount is undisclosed, Infinidat has raised $350 million to date and was last valued at over $1 billion. This acquisition marks Lenovos first in Israel and includes plans to establish a development center in the country, significantly expanding the local team. Infinidat, known for its high-end enterprise storage solutions, employs 500 people, all of whom are expected to retain their roles. Lenovo aims to accelerate innovation and deliver greater value to its customers through this acquisition.
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אחריות ראשונה מסוגה לאחסון נתונים בסייבר
Infinidat, a leading provider of data storage solutions, is expanding its SLA program and offering a unique cybersecurity warranty called InfiniSafe Cyb. This warranty allows for quick data recovery after a cyber attack using immutable snapshots with a guaranteed recovery time of one minute or less. Infinidat aims to help organizations avoid paying ransom and recover their data quickly and without damage. The company has also expanded its cybersecurity offerings to its InfiniBox and InfiniBox SSA II storage platforms. Infinidats strong performance and high availability guarantee provide customers with higher performance compared to their existing storage products. The feedback from customers and partners regarding the expanded SLA program has been very positive.
Customers
כך הפכה חברת ההייטק המסוכסכת של משה ינאי לרווחית
The article discusses the transformation of Israeli tech company Infinidat, which has gone from a period of instability and layoffs to becoming a profitable company with a loyal investor base. The company, founded by Moshe Yanai, has developed a revolutionary storage system and has raised a total of $370 million. Despite previous layoffs and legal issues with former employees, the company has seen significant growth, with annual revenues exceeding $300 million. The company is now considered one of the largest startups in Israel with around 500 employees in Israel and the US.
Management ChangesLayoffs
ענקית הדאטה סנטרים OFFSITE בוחרת ב- Infinidat על מנת להגדיל את אחסון הנתונים לפי דרישה - IT News
Data storage solutions provider Infinidat has announced that American managed services and data center operations provider OFFSITE has chosen Infinidats storage technology to support its business growth. Infinidats storage technology replaced the flash arrays that OFFSITE had been using to meet the technology requirements of its enterprise customers. OFFSITE adopted Infinidats elastic pricing model and flexible consumption model.
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Infinidat Is Recognized as a May 2021 Gartner Peer Insights Customers' Choice for Primary Storage Arrays
Infinidat has been named a Gartner Peer Insights Customers Choice in the Gartner Peer Insights Voice of the Customer: Primary Storage Arrays for the third consecutive year. The recognition reflects the positive experience of Infinidats customers and their high ratings and reviews. Infinidat works closely with its channel partners to exceed customer expectations. The company has received 178 reviews from verified customers with an average overall score of 4.9 stars out of 5 in the last 12 months. The majority of reviews are from companies with revenue of $1 billion or higher. Infinidats commitment to customer success is highlighted by the willingness of 96% of customers to recommend the company to their peers.
Customers
Data storage company Infinidat welcomes new CEO and CFO
Data storage company Infinidat Ltd. has appointed Phil Bullinger as its new CEO. Bullinger, a former SVP at Western Digital, will manage the company from the U.S. Infinidat has faced a lawsuit from employees claiming their shares were diluted. The company currently employs 400 people, with 250 in Israel. Infinidat has raised over $350 million and was previously valued at $1.6 billion. Alongside the CEO appointment, Alon Rozenshein will join as CFO. Infinidat reported four consecutive quarters of growth in 2020, but this conflicts with claims from laid-off employees who were told the company was in bad shape. Bullinger expressed excitement about expanding the companys product and go-to-market capabilities.
Management ChangesLayoffs
Infinidat Named a Leader in the 2020 Gartner Magic Quadrant for Primary Storage Arrays
Infinidat has been named a Leader by Gartner in its 2020 Magic Quadrant for Primary Storage Arrays for the second consecutive year. The companys market positioning has been strengthened by recent strategic announcements, including the provision of elastic data center-scale pools, high-performance storage, and an extensible NVMe-over-Fabrics option. These offerings give customers increased reliability and flexibility at reduced storage infrastructure costs. Infinidats recognition as a Leader is attributed to its long-standing reputation with customers and its high ratings on Gartner Peer Insights. The company aims to deliver a cost-effective, on-premises and cloud storage-as-a-service experience. Infinidat was founded in 2011 and has shipped over 6.6EB worldwide to date.
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Former CEO Moshe Yanay invests in data storage company Infinidat
Founder of Infinidat, Moshe Yanay, invested in the companys latest funding round a month after stepping down as CEO. The financial details of the round were not disclosed. Other participants in the round included Goldman Sachs, TPG Growth, ION Crossover Partners, and Claridge Israel Ltd. Infinidat develops software and machine learning-based storage technologies for telecommunication companies, banks, and cloud service providers. The company has provided customers with over six exabytes of storage since its foundation.
Investment
Infinidat De-risks Storage Infrastructure with New Offerings and Support for NVMe over Fabrics - insideHPC
Infinidat has announced new offerings and functional enhancements that provide more flexibility and lower costs for managing high-end storage infrastructure. The company is offering free data migrations for new customers, a 100% data availability guarantee, and an elastic pricing model. Infinidat is also enabling NVMe over Fabrics and introducing 3-site replication for disaster recovery purposes. These developments aim to meet customer storage needs and improve performance. The article features testimonials from satisfied customers and industry experts. The event described in the article is not specified.
Customers
Infinidat's founding CEO does a Larry and steps aside - Blocks and Files
Infinidat founder and CEO Moshe Yanai is stepping aside to become Chief Technology Evangelist, and has appointed a pair of co-CEOs to run the business. The company has developed its InfiniBox array as a high-end block and file storage device. After three rounds of funding, customers of the firm have installed more than 6EB of array capacity since 2014. The co-CEOs are COO Kariel Sandler and CFO Nir Simon. Yanai will focus on Infinidats strategic vision and the present and future needs of its customers to develop a roadmap.
Management Changes
Infinidat to Share Vision for Enterprise Storage at VMworld
Infinidat, a leading provider of multi-petabyte data storage solutions, will showcase its products and services at the VMworld conference. The company will discuss its vision for the future of enterprise-class storage and highlight its software-defined storage system that offers superior performance, ease-of-use, availability, security, and economic value. Infinidat recently announced its vision for the Infinidat Elastic Data Fabric, which aims to support seamless workload mobility between systems, data centers, and cloud storage. The company will host speaking presentations at its booth during the conference to demonstrate how it empowers data-driven competitive advantage. Infinidat was founded in 2011 by Moshe Yanai and offers sub-millisecond latency, high reliability, and hyperscale capacity at a lower cost compared to other storage technologies.
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Israeli data storage co Infinidat raises $95m
Infinidat, an Israeli petabyte-scale data storage solutions company, has closed a $95 million Series C financing round at a valuation of $1.6 billion. The round was led by Goldman Sachs Private Capital Investing and included a major investment from TPG Growth. Infinidat has raised a total of $325 million since its founding in 2011. The companys flagship product, InfiniBox, has gained traction with several hundred enterprise customers and has deployed over two exabytes of storage globally. Infinidat takes a software approach to data storage, using machine learning algorithms to achieve high performance and reliability with low-cost hardware. The company has offices in 17 countries and 500 employees worldwide.
Investment
Cloud firm gets Infinidat hybrid flash to save £250,000 on storage
The article discusses various events related to different companies. Some of these include Telstras partnership with Starlink for satellite connectivity, CityFibres £318m contract for Project Gigabit network expansion, and HPEs collaboration with BT for a global managed LAN service. Other events include Scotland’s Techscaler programme partnering with CivTech, Salesforces plan to invest $4bn in its UK business over five years, and Deutsche Banks completion of the migration of 12 million Postbank customers. The article also mentions the ongoing chip crisis in the UK, the impact of AI on combat decisions, and the use of healthcare apps without proper checks.
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Wicked Local Waltham News Tribune
INFINIDAT Reports 213% Year Over Year Sales Growth in Q1 2016
INFINIDAT reported a 213% sales growth in Q1 2016 compared to Q1 2015. Shipments of the InfiniBox storage array to new customers increased by 300% and now amounts to 422 petabytes worldwide. The company expanded its reseller and distributor channels, signing agreements with additional partners and increasing its list of global channel partners to 204. INFINIDAT achieved significant sales traction in key vertical markets, including finance, healthcare, telecommunications, and technology services. The company also added several brand name customers in Q1. INFINIDAT formed a technology alliance with SAP and has a long list of technology partners. Customers have praised the reliability, scalability, and ease of use of the InfiniBox storage solution.
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INFINIDAT Reports 61% Overall Sales Growth in Q3, including 255% Quarter-Over-Quarter Growth in International Sales
INFINIDAT, a leading provider of enterprise data storage solutions, announced a 61% quarter over quarter sales growth in Q3 2015, with a 255% increase in international sales. The company surpassed a quarter of an Exabyte in the amount of storage shipped to customers. INFINIDAT added several brand name customers in Q3 and signed agreements with 25 additional resellers and distributors. The InfiniBox storage solution offers high performance and scalability at a disruptive price point.
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Gartner Names INFINIDAT a "Visionary" in the Magic Quadrant for General-Purpose Disk Arrays
INFINIDAT has been named a visionary by Gartner in the Magic Quadrant for General-Purpose Disk Arrays. The report highlights INFINIDATs revenue and installed base growth, performance, ease of use, and pricing. INFINIDATs focus on the high end of the storage market enables it to pursue a high-touch sales model and undercut competitors on acquisition and ownership costs. The report also provides a profile on INFINIDATs InfiniBox architecture. INFINIDAT CEO and Founder, Moshe Yanai, states that the recognition by Gartner confirms their impact on the market and their ability to provide solutions that drive competitive advantage. The report emphasizes the changing landscape of the storage vendor market and the need for general-purpose disk storage systems. INFINIDAT provides next-generation enterprise class storage at a disruptive price point.
CustomersInvestment
INFINIDAT Named a 2015 Gartner "Cool Vendor" in Storage Technologies
Infinidat has been named a Cool Vendor in the Gartner report on Storage Technologies. The report evaluates innovative vendors, products, and services in storage and highlights Infinidat as a company that can assist organizations in meeting their storage modernization and cost containment initiatives. Inclusion in the report confirms Infinidats efficient and high-performing storage solution. Infinidat provides next-generation enterprise-class storage at a disruptive price point, delivering highly efficient multi-petabyte capacity in a single rack. The companys InfiniBox solution offers mainframe-class reliability and over 750K IOPS of performance. Infinidat aims to change the paradigm of enterprise storage while reducing operational overhead, complexity, and cost.
Partners
Israeli data storage co Infinidat raises $150m
Infinidat, an advanced enterprise-class storage solutions developer, has raised $150 million in a financing round led by TPG Growth. This brings the companys total funding to $230 million and its valuation to $1.2 billion. Infinidat aims to revolutionize the enterprise storage market with its cost-effective and high-performance storage solution. The companys Infinibox storage solution is already being used by multiple Fortune 500 companies. The explosion of data has increased the complexity and cost of storage systems, and Infinidat aims to address these issues by providing advanced storage at a disruptive price point. TPG Growth believes Infinidat has the potential to become a game-changing force in the enterprise storage market.
Investment
Infinidat shakes up enterprise storage market ZDNet
Infinidat, a storage company, is challenging high-end EMC, NetApp, and IBM arrays with its superior product, InfiniBox. The company, founded by experienced individuals from EMC, IBM, NetApp, and XIV, has deep knowledge of customer needs and technology. Infinidats InfiniBox offers advanced features such as high uptime, large capacity, support for block, file, and object, and integration with various platforms. The product is priced significantly lower than its competitors, making it an attractive option for enterprises. Infinidat is self-funded and has installations in multiple countries. The article suggests that Infinidats modern architecture and competitive pricing make it a strong contender in the enterprise storage market.
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