Silk Technologies News
12 articles
growth-positive
Silk Announces Appointment of Chief Sales Officer as Part of Senior Leadership Team | Silk
Silk has appointed Bridget Gleason as its new Chief Sales Officer. Gleasons experience in building teams and driving business growth will be key for Silks next stage of growth. In July, Silk announced $55M in Series B funding led by S Capital. Gleason will manage Silks worldwide sales and work closely with the management team to assist in leading Silks aggressive growth plans.
Management Changes
growth-positive
Database optimization startup Silk raises $55M
Silk, a platform designed to improve database performance, has raised $55 million in a series B funding round led by S Capital. The funds will be used to support sales and marketing operations and expand the engineering team. Silk enables customers to scale databases on-demand and deliver better performance. The platform removes duplicate data, bridges silos between clouds and on-premise servers, and makes cloud environments run up to 10 times faster. Silk has a customer base including Payoneer, Priceline, Cisco, and Telefonica, and has partnered with Microsoft, Amazon Web Services, and Google Cloud Platform. The company has raised over $294 million in venture capital to date.
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growth-positive
Why Kaminario changed its name to Silk - Blocks and Files
Kaminario, now known as Silk, has transformed from an on-premises all-flash array startup to a cloud block storage software company. The company has fully ported its 10-year-old software stack to the public cloud and offers low latency and consistent performance. Silk has partnerships with Google and plans to expand to AWS and Azure. The company aims to provide high availability in the public cloud and offers predictive analytics through its VisionOS software. Silk believes that a unified file and object storage resource would be cost-prohibitive and uses other providers front ends. The company sees potential growth in the cloud storage market, competing with all-flash array vendors like NetApp and Pure.
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growth-positive
Kaminario Announces Company Name Change to Silk
Kaminario, a leading cloud data platform company, has announced that it will begin operating under the new name of Silk. The rebranding reflects the companys evolution and vision for the future. Silks Cloud Data Platform aims to solve challenges faced by companies adopting hybrid cloud infrastructure, including maintaining cloud costs and achieving high performance. The platform offers real-time data reduction, thin provisioning, and zero-footprint clones to make data across all clouds run more efficiently. Customers can expect 10x more performance for 30% less costs compared to native cloud alone. The rebranding signifies the companys focus on delivering strong, powerful technology that remains light and agile in the cloud.
Customers
growth-positive
Kaminario pilots single data plane across the clouds: Interview with CTO Eyal David - Blocks and Files
Kaminario is focusing on hybrid, multi-clouds by making its Vision software stack available on major public cloud providers. The company aims to provide workload mobility and performance scalability at a lower price point than native cloud resources. Kaminario believes that decoupling data services from the underlying infrastructure and compute resources is crucial for enabling a real cloud implementation. The company also emphasizes the importance of consistent and scalable performance for modern workloads. Kaminario plans to leverage QLC flash and storage-class memory (SCM) in its solutions. Additionally, the company advocates for a storage abstraction layering to achieve a multi-cloud strategy and enable workload movement.
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growth-positive
Western Digital Invests in Flash Storage Startup Kaminario
Israeli flash storage company Kaminario Inc. has raised $25 million in an investment led by Western Digital Capital. This brings Kaminarios total equity raised to $245 million. The company reported positive cash flow for the first time in the third quarter of 2018 and a 55% growth in its software business during the first nine months of 2018. Kaminario develops and markets all-flash storage arrays for various applications and has offices in Massachusetts, Israel, New York, and Silicon Valley.
Investment
growth-positive
Israeli flash storage co Kaminario raises $75m
Israeli flash storage company Kaminario has closed a $75 million financing round, bringing its total funding to $218 million. The latest round was led by Waterwood Group and included both new and existing investors. The funding will be used to accelerate go-to-market initiatives, expand Kaminarios global presence, and fuel R&D. With this financing, Kaminarios value is estimated to exceed $1 billion, making it Israels newest unicorn. Kaminario is focused on delivering storage solutions for the always-on economy, with a software-defined architecture and all-flash arrays. The company aims to redefine the future of datacenters and support SaaS businesses as they grow.
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growth-positive
Kaminario Upgrades All-Flash Arrays, Drops Flash Cost below $1 per GB
Kaminario has unveiled upgrades to its all-Flash K2 arrays, dropping the cost of usable Flash storage to less than $1.00 per GB. The company also announced the inclusion of native replication in its K2 arrays. Kaminario is the only all-Flash array vendor guaranteeing effective capacity, offering additional hardware at no expense if a customer is unable to store the guaranteed capacity. The latest editions of the K2 all-Flash are priced 40 to 60 percent less than equivalent systems from competitors. The decision to go with an all-Flash array versus a hybrid array may come down to personal preference, as the benefits of SSDs are outweighing the cost per gigabyte issue.
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Xconomy: $68M Round Puts Kaminario Back in the Flash Data Storage Mix
The article does not provide any specific information about the company or any events.
growth-positive
Data storage co Kaminario raises $53 million
Kaminario, a solid state drive (SSD) data storage provider, has raised $53 million in funding. The companys current investors, including Sequoia Capital and Pitango Venture Capital, participated in the round, along with new investors Silicon Valley Bank, the Lazarus hedge fund, and an anonymous public company. Kaminario has raised a total of $128 million to date. The funding will be used to accelerate the companys growth, expand its sales and marketing setup, and support its flash storage solution. Kaminarios CEO, Dani Golan, believes that flash storage is the biggest revolution in IT in the past decade. The companys success is attributed to its cheaper prices and flexibility for organizations. Kaminario has decided not to pursue an IPO at this stage, opting for private placements instead.
Investment
growth-positive
Storage solutions co Kaminario raises $25m
Kaminario Inc., a storage solutions developer, has raised $25 million from seven investors. The company specializes in diskless storage appliances based on off-the-shelf blade servers and solid state drives. Kaminario was founded in 2008 and has already raised $34 million. The latest financing round was likely influenced by the acquisition of XtremIO Ltd. by EMC Corporation for $430 million. The company is considered a key player in the storage solutions sector.
InvestmentAcquisition
growth-positive
SSD Storage Company Kaminario Raises $15 Million
Kaminario has secured $15 million in Series C financing, bringing its total funding to $34 million. The funding will be used to expand the K2 product line and ramp up sales and marketing efforts. Existing backers Sequoia and Pitango were joined by new investor Globespan Capital Partners.
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