Volumez News
6 articles
growth-positive
/PRNewswire/ -- Volumez, a pioneer in cloud-aware data infrastructure services, proudly announces the launch of its innovative Data Infrastructure as a Service...
Volumez has launched its innovative Data Infrastructure as a Service (DIaaS) platform, which aims to redefine how organizations manage, store, and leverage data in the cloud era. The platform addresses the limitations of traditional cloud storage models by offering tailor-made data infrastructures that adapt to various workloads while optimizing cost and performance. Volumezs DIaaS dynamically orchestrates compute, network, and storage resources from cloud providers, ensuring high performance and cost efficiency. The platform has demonstrated remarkable results in AI/ML training benchmarks, achieving high throughput and GPU utilization. This launch positions Volumez as a key player in the cloud-native storage market, offering solutions that streamline data workflows and drive innovation.
growth-positive
/PRNewswire/ -- Volumez, a pioneering leader in Data Infrastructure as a Service (DIaaS), today announced groundbreaking performance results from the latest...
Volumez, a leader in Data Infrastructure as a Service (DIaaS), announced groundbreaking performance results from the MLCommons® MLPerf® Storage 1.0 AI/ML Training Benchmark. The company achieved a remarkable 1.079 TB/sec throughput with 92.21% GPU utilization and 9.9M IOPS on AWS, setting new industry standards for AI/ML training performance. Volumezs DIaaS solution demonstrated extraordinary linear scaling and efficiency, transforming the economics and scalability of AI/ML training environments. These results highlight Volumezs critical role in the AI/ML ecosystem, providing solutions that meet the growing demands of AI/ML workloads on cloud infrastructure.
growth-positive
/PRNewswire/ -- Volumez, a modern cloud data infrastructure company and a member of Oracle PartnerNetwork, today announced that its Volumez ISV Solution is...
Volumez, a modern cloud data infrastructure company, announced that its Volumez ISV Solution is now available on Oracle Cloud Marketplace and can be deployed on Oracle Cloud Infrastructure (OCI). This partnership aims to provide enhanced data infrastructure performance and resilience for PostgreSQL databases on OCI, offering significant cost savings and improved performance metrics. The collaboration allows Volumez to leverage OCIs comprehensive cloud services, enabling customers to scale applications quickly and efficiently while maintaining high performance and data integrity. This move is expected to drive greater revenue and ROI for Volumez by optimizing existing compute and storage instances.
Partners
Growth-Positive
Cloud infrastructure startup Volumez adds another $20 million to Series A | CTech
Cloud-aware data infrastructure platform developer, Volumez, has raised an additional $20 million in its Series A funding round, bringing the total to $40 million. The round was led by Koch Disruptive Technologies and included new investors Samsung Venture Investment Corporation and J-Ventures, as well as existing investors Pitango First and Viola Ventures. The funds will be used to expand the companys cloud services to additional AI and machine learning workloads. Volumezs controllerless orchestration software uses Linux to execute modern data infrastructure for data-intensive workloads in hybrid and multi-cloud environments.
Investment
growth-positive
Most promising Israeli startups: 5 enterprise software companies to watch in 2024 | CTech
Five Israeli enterprise software startups, Trullion, Frontegg, Volumez, Bridgewise, and Port, have been identified as the most promising in the sector. Trullion, which provides automation solutions for accounting, has raised $35 million and has an annual revenue rate of over $10 million. Frontegg, founded by two former Check Point employees, has raised $70 million to develop a platform that manages customer identities and user access. Volumez, a cloud data orchestration SaaS, has raised $32 million. Bridgewise, an AI-driven investment analysis platform, has raised $35 million. Port, a developer portal, has raised $25 million.
InvestmentCustomersPartners
growth-positive
Cloud infrastructure startup Volumez raises $20 million Series A | CTech
Cloud infrastructure company Volumez has completed a $20 million Series A financing round led by Koch Disruptive Technologies. The funds will be used to expand the customer base and grow business operations in the U.S. while maintaining R&D execution in Israel. Volumez develops controller orchestration software that uses Linux for executing data infrastructure workloads in hybrid and multi-cloud environments. The company is headed by CEO Amir Faintuch, a former senior executive at Intel. The investment is seen as a vote of confidence in Volumezs solution and innovation.
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