RainStor Adds Funding, Investors, Readies Nearline Archive Rampup

RainStor, a firm I discussed as Clearpace in a June 2009 post, had some very good news this week.  $7.5 million in Series B funding came in from Informatica, Storm Ventures and its previous investors Doughty Hanson Technology Ventures and The Dow Chemical Company. RainStor plans to “use the funding to expand into new markets, grow its partner base, and invest in product development and R&D” says the press release. Read more of this post

Clearpace – Have Your Data and Archive it Too

Clearpace has a potentially lucrative question for you: how much of your data is really needed with any frequency at all? How much keeping it managed as if you needed it tomorrow cost you? What if you could take most of the 2 year old and older data out of your databases, compress it dramatically, put it on low cost storage and reduce your database sizes – and still be able to get to the data if you needed it? You can, Clearpace says, and this early-stage UK-based company already has customers to back their claim. Read more of this post