StorONE Overview
StorONE has developed a storage solution that costs less than $0.01 per GB. The company aims to bring enterprise-class storage to the market and solve problematic storage challenges by using software, rather than by adding hardware. StorONE's software enables the management of distributed storage systems with many servers, each of which can perform multiple calculations. Its system can manage storage resources in the data center and centrally without adding special infrastructure or additional optical fiber deployment.
Cumulative Funding Raised Over Time ($)
$15.0MJan 2018
$33.0MJul 2014
$53.0MMar 2012
$53.0MMar 2013
$53.0MMay 2022
Latest News
growth-positive
StorONE upgrades its storage platform with new data tiering, recovery features - SiliconANGLE
StorONE, a New York-based startup, has released a new version of its storage platform, StorONE 3.9, which introduces advanced features such as TierONE and SnapONE. TierONE automates the process of moving infrequently used files to more cost-effective storage, while SnapONE enhances data recovery by allowing individual file restoration. These upgrades aim to simplify storage management and improve disaster recovery processes. The platform now also includes usability improvements, such as snapshot summaries and a redesigned interface. StorONE is backed by $30 million in funding and continues to innovate in the enterprise storage space.
Product Stage
growth-positive
StorONE Eliminates Capacity-Based Pricing, Offers Per Drive Pricing Model
StorONE has announced a new pricing model called Scale-for-Free, which allows customers to scale for free based on the number of drives in use. This pricing model eliminates the need for expensive capacity-based license schemes and encourages the use of high-density drives. The company has also released a significant software update to its Storage Engine, which includes improvements in storage I/O, auto-tiering, and erasure coding. The update enables customers to take advantage of modern flash and hard disk drive densities without compromising data or performance. The new pricing model and software update have been well-received by customers and resellers, who appreciate the flexibility and cost savings they provide.
CustomersPartners
growth-positive
StorONE enables HDD connectivity over NVMe-oF
StorONE has launched a new storage platform that enables connectivity between standard mechanical hard disk drives (HDD) and flash drives over NVMe-over Fabric (NVMe-oF) infrastructures. This platform can reduce the cost of an NVMe solution by tenfold or more. The platform allows enterprises to mix and match the drives in one array, with StorONE’s management software automatically shifting data between the two drive types as needed. Existing StorONE customers can add the HDD over NVMe-oF capability through a software update at no additional charge if theyve already deployed an NVMe-oF storage system.
CustomersExpand
growth-positive
StorOne builds hybrid flash arrays based on Seagate hardware
StorOne has unveiled hybrid arrays based on dense Seagate hardware, offering storage management software on Seagate Exos Application Platform 5U servers. The arrays are designed to provide extreme performance at a lower price compared to competitors like HPE Nimble Storage. StorOnes vRAID technology allows for drive rebuilds in under two hours. The pricing for the arrays starts at $112,881 for a base model with 250 TB and goes up to $249,564 for the highest-capacity array with 1.3 PB. StorOne aims to compete with midrange storage providers and targets HPE Nimbles Adaptive Flash hybrid arrays. The article highlights the demand for hybrid arrays and the viability of the technology despite the popularity of all-flash systems.
PartnersCustomers
growth-positive
StorONE touts Optane Flash Array - Blocks and Files
StorONE has developed an Optane Flash Array (OFA) that combines Optane and QLC Flash SSDs to deliver high performance and capacity at a lower cost compared to standard all-flash arrays. The OFA eliminates the need for cache in memory and prolongs SSD endurance by stacking up random writes and sending them to the QLC tier as sequential writes. The S1 software promotes data from the QLC tier to the Optane tier for improved read performance. The OFA supports various configurations with different numbers of Optane drives and QLC SSDs, allowing for scalability in both performance and capacity. StorONE expects to release the S1 OFA in the next few weeks.
Customers
| Sector | Business Software |
Funding
| Total funding | $53M |
| Last funding | Undisclosed |
| Stage | C |
| Rounds | 5 |
| Investors | 5 |
Team Members
4
Employees: 11-50
Web & Social Links
| Website | www.storone.com |
Locations
Ha-Yetsira St 4, Ra'anana, Israel
111 E 14th St, New York, New York, USA
Photos & Videos
3 item(s)
StorONE Business
Business models
B2B
Product stage
Released
Employees
11-50
Sector
Business SoftwareIT, R&D & Data SolutionsData ArchitectureTarget Customer
Enterprise & Professional ServicesEnterprisesConsumersProfessionals & Gig EconomyWebsite OwnersCore Technology
Data StorageTags (3)
data-centersdata-storageit-infrastructureGeographic Markets
GlobalStorONE Financials
$53M
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
C
Funding stage
5
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
$15.0MJan 2018
$33.0MJul 2014
$53.0MMar 2012
$53.0MMar 2013
$53.0MMay 2022
Private Equity Funding
C Round
May 2022
Undisclosed
Maverick Ventures IsraeI
B Round
Jan 2018
$15M
A Round
Jul 2014
$18M
Giza Venture Capital
Seed
Mar 2013
Undisclosed
Seagate Technology
Seed
Mar 2012
$20M
Jerusalem Global Ventures, Vaizra Investments
Mergers & Acquisitions
MNAEvent
Mar 2020
Undisclosed
StorONE Lifecycle
Cumulative Funding Raised Over Time
$15.0MJan 2018
$33.0MJul 2014
$53.0MMar 2012
$53.0MMar 2013
$53.0MMay 2022
All Events
C Round
May 2022
Undisclosed
Maverick Ventures IsraeI
B Round
Jan 2018
$15M
A Round
Jul 2014
$18M
Giza Venture Capital
Seed
Mar 2013
Undisclosed
Seagate Technology
Seed
Mar 2012
$20M
Jerusalem Global Ventures, Vaizra Investments
MNAEvent
Mar 2020
Undisclosed
StorONE News
17 articles
growth-positive
StorONE upgrades its storage platform with new data tiering, recovery features - SiliconANGLE
StorONE, a New York-based startup, has released a new version of its storage platform, StorONE 3.9, which introduces advanced features such as TierONE and SnapONE. TierONE automates the process of moving infrequently used files to more cost-effective storage, while SnapONE enhances data recovery by allowing individual file restoration. These upgrades aim to simplify storage management and improve disaster recovery processes. The platform now also includes usability improvements, such as snapshot summaries and a redesigned interface. StorONE is backed by $30 million in funding and continues to innovate in the enterprise storage space.
Product Stage
growth-positive
StorONE Eliminates Capacity-Based Pricing, Offers Per Drive Pricing Model
StorONE has announced a new pricing model called Scale-for-Free, which allows customers to scale for free based on the number of drives in use. This pricing model eliminates the need for expensive capacity-based license schemes and encourages the use of high-density drives. The company has also released a significant software update to its Storage Engine, which includes improvements in storage I/O, auto-tiering, and erasure coding. The update enables customers to take advantage of modern flash and hard disk drive densities without compromising data or performance. The new pricing model and software update have been well-received by customers and resellers, who appreciate the flexibility and cost savings they provide.
CustomersPartners
growth-positive
StorONE enables HDD connectivity over NVMe-oF
StorONE has launched a new storage platform that enables connectivity between standard mechanical hard disk drives (HDD) and flash drives over NVMe-over Fabric (NVMe-oF) infrastructures. This platform can reduce the cost of an NVMe solution by tenfold or more. The platform allows enterprises to mix and match the drives in one array, with StorONE’s management software automatically shifting data between the two drive types as needed. Existing StorONE customers can add the HDD over NVMe-oF capability through a software update at no additional charge if theyve already deployed an NVMe-oF storage system.
CustomersExpand
growth-positive
StorOne builds hybrid flash arrays based on Seagate hardware
StorOne has unveiled hybrid arrays based on dense Seagate hardware, offering storage management software on Seagate Exos Application Platform 5U servers. The arrays are designed to provide extreme performance at a lower price compared to competitors like HPE Nimble Storage. StorOnes vRAID technology allows for drive rebuilds in under two hours. The pricing for the arrays starts at $112,881 for a base model with 250 TB and goes up to $249,564 for the highest-capacity array with 1.3 PB. StorOne aims to compete with midrange storage providers and targets HPE Nimbles Adaptive Flash hybrid arrays. The article highlights the demand for hybrid arrays and the viability of the technology despite the popularity of all-flash systems.
PartnersCustomers
growth-positive
StorONE touts Optane Flash Array - Blocks and Files
StorONE has developed an Optane Flash Array (OFA) that combines Optane and QLC Flash SSDs to deliver high performance and capacity at a lower cost compared to standard all-flash arrays. The OFA eliminates the need for cache in memory and prolongs SSD endurance by stacking up random writes and sending them to the QLC tier as sequential writes. The S1 software promotes data from the QLC tier to the Optane tier for improved read performance. The OFA supports various configurations with different numbers of Optane drives and QLC SSDs, allowing for scalability in both performance and capacity. StorONE expects to release the S1 OFA in the next few weeks.
Customers
growth-positive
Nimbus, StorOne try to disrupt enterprise storage pricing
Nimbus Data and StorOne are introducing transparent pricing models for enterprise storage, aiming to provide customers with instant quotes and eliminate the need for lengthy negotiations. The companies tools allow customers to easily price out their storage solutions and compare options from different vendors. This move represents a significant change in the enterprise storage market, where prices are often negotiated and can fluctuate significantly. Nimbus Data claims that its published prices are 60-70% lower than what customers currently pay for enterprise flash arrays. While the impact of these new pricing models on the industry may be limited, they could prompt larger players to offer better discounts and increase transparency in pricing.
Customers
StorONE Offers Free Enterprise Storage Platform to Organizations Impacted by Coronavirus
growth-positive
StorONE challenges storage array makers to stop hiding prices - Blocks and Files
StorONE, a software-defined storage startup, has challenged storage array vendors to reveal their prices in public. The company has built an online configurator with openly available pricing for its TRU (Total Resource Utilisation) S1 software, aiming to simplify the storage procurement process. StorONE licenses its software in 1, 3, or 5-year subscriptions and claims to have a significant price advantage over its rivals. Customers can use the pricing configurator on the StorONE website to compare prices and find that the 3-year TCO on StorONEs solution is often less than one year of maintenance with their current vendor. The article questions whether other storage vendors like Dell EMC, HPE, Hitachi Vantara, IBM, NetApp, and Pure Storage will follow suit and publish their prices.
Customers
StorONE Buys Storage Switzerland - Launches Enterprise Storage Platform
growth-positive
StorOne brings leasing for high-performance multiprotocol flash storage
Startup StorOne plans to offer storage-as-a-service with flash storage hardware located at customer premises. The company aims to target small to medium-sized enterprises (SMEs) with its innovative solutions and competitive pricing. StorOnes TRU S1 operating system offers high performance and optimisation, with capacity increments of 15TB. The company plans to bring down subscription prices as prices in the market decrease. StorOne aims to differentiate itself from established storage providers by offering a subscription model and innovative technology.
Customers
growth-negative
StorONE's Seagate SSD demo is fast for a virtual appliance - Blocks and Files
Startup StorONE claims record performance from its TRU S1 storage software running in a virtual appliance with 24 Seagate SSDs. The software ran more than three times faster last year using WD SSDs housed in physical servers. StorONE has written its own storage stack which supports all storage protocols on the same drives. The results of the demo showed high IOPS, bandwidth, and low latency. The article emphasizes that physical servers can achieve faster performance than virtual counterparts.
Customers
growth-positive
StorOne storage is set to disrupt the software-defined market
StorOne, a software-defined storage startup, has developed TRU Storage technology that creates universal storage pools across different hardware. This technology allows any workload to use the storage resource, optimizing performance and capacity. StorOnes TRU Storage has the potential to disrupt the storage market with its low resource usage, high performance, and affordable price tag. The company aims to offer its software, as a service, or bundled with white box arrays for just a penny per gigabyte, making it cheaper than most cloud storage offerings. The impact of the article on StorOne is growth-positive, as it highlights the innovative and disruptive nature of their TRU Storage technology.
CustomersPartners
growth-positive
StorONE Partners with Mellanox to Create the Industry's First Wire-Speed TRU Storage Solutions
StorONE has announced a partnership with Mellanox Technologies to enhance their storage solutions by combining StorONEs TRU STORAGE software with Mellanoxs high-performance interconnect solutions. This collaboration aims to deliver enterprise-class storage solutions with high performance and capacity at a low cost. StorONEs software-defined storage technology allows for high-speed data processing with minimal hardware, offering features like instantaneous snapshots and data protection. The partnership is expected to improve the efficiency and cost-effectiveness of enterprise storage systems, providing a competitive advantage to organizations. StorONE is positioned as a transformative force in the storage industry, backed by strategic investors and a strong patent portfolio.
Partners
Growth-Positive
StorONE: Your Untapped Storage Potential - Gestalt IT
StorONE is a technology company that has been working for six years to rewrite the enterprise storage stack from the ground up. The companys solution is designed to eliminate the software bloat and overhead of typical storage array controllers, providing scalable IOPS and the full capacity of added drives. StorONEs claim is that it can deliver high-end array performance at a modest price. The companys next step is to show off some POCs and provide some architectural deep dives for potential customers and their IT folks.
Customers
growth-positive
Time for a Storage SOFTWARE Refresh - StorONE Briefing Note
StorONE claims to have the most efficient storage software on the market, delivering high performance on less hardware. The software supports various drive types and protocols, provides integrated snapshots, and offers unrestricted data protection. It is designed for cloud-like operations and is priced at less than a penny per GB. StorONEs software takes advantage of modern processors and media, allowing customers to deploy it on existing servers and achieve performance that rivals or exceeds their current systems.
Customers
growth-positive
StorONE 're-invents' storage stack to set hardware free
Israeli storage startup StorONE has developed a storage array controller, TRU (Total Resource Utilisation), which provides file, block and object storage on the same drives. The software supports all drive types in the same server and is designed to maximise a customers hardware investment. The company, founded in 2011, has raised more than $30m in funding and has been developing the TRU software since then. The software is available in an appliance form or as software-only, with pricing based on physical storage consumption.
Investment
growth-positive
StorONE Set to Disrupt the Storage Market by Completely Redefining Economics with New Enterprise Class Storage that is Less than $0.01 per GB
Storage software company StorONE emerges from stealth mode with a groundbreaking storage solution that costs less than $0.01 per GB. The company aims to disrupt the storage industry by bringing enterprise-class storage to the market. StorONE has a customer-centric approach and has spent six years developing its product, which is covered by numerous patents. The companys highly-seasoned executive team includes industry pioneers and serial entrepreneurs. StorONE is funded by institutional technology firms such as Seagate and venture capital firms GIZA and JGV, as well as private investors including Microsofts Chairman John Thompson and former President of Sun Microsystems and CEO of Motorola, Edward Zander.
InvestmentPartners
StorONE Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 34 |
| Team members | 4 |
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StorONE Internal
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Admin Info
| Confidence | 93/100 |
| Missing | markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 514532027 |
| Crunchbase | storone |
| Phone | +97297737760|054490 0972 |
| Creator | Yamila Silbert |
| Creator email | yamila.urwicz@gmail.com |
| Last updater | Dana Arnon |
| Updater email | dana.arnon@mail.huji.ac.il |
| Last update | 2022-10-24T00:00:00.000Z |
| Created | 2015-03-09T00:00:00.000Z |