Western Digital Capital Makes Strategic Investment in Amplidata
MILPITAS, CA (PRWEB) September 08, 2014 -- Amplidata, the leader in object-based software defined storage software, today announced that Western Digital Capital has made a $10 million strategic investment in the company. HGST*, a wholly owned subsidiary of Western Digital Corp., has selected Amplidata’s Himalaya™ software to jointly develop a family of ultra-dense storage solutions to address the rapidly growing demand to store data in public and private cloud data centers.
According to IDC*, the digital universe is doubling in size every two years. The data created and copied annually in 2013 was 4.4 Zettabytes (ZB) which is expected to grow to 44ZB by 2020. The companies will partner to create solutions that will dramatically improve the storage economics for the Exabyte-scale needs of the world’s largest businesses and will be available in the market during the first half of 2015.
“We are extremely excited to have Western Digital Capital as a strategic partner and investor,” said Mike Wall, Amplidata chairman and CEO. “Businesses will be better equipped to face the enormous challenge to manage and leverage their data for competitive advantage by having it all on spinning disks. These new offerings will redefine the storage landscape yet again by allowing businesses to cost effectively keep all their data online.”
“The need to store more data over longer periods of time is driving demand for new forms of innovation in storage solutions. Whether it’s for regulatory compliance, historical analytics or long-tail content, organizations want more scalable and affordable ways to store data that requires online, active access,” said Dave Tang, SVP and general manager, Elastic Storage Platforms Group, HGST. “By partnering with Amplidata, HGST aims to leverage our industry leading storage portfolio along with Amplidata’s powerful Himalaya object storage technology to enable breakthrough value and scalability for cloud data centers.”
About Amplidata
Founded in 2008, Amplidata offers software for object-based software defined storage for enterprises, service providers and OEMs. Patented BitSpread®, BitDynamics®, and GeoSpread technologies offers unbreakable durability at greater than 15 nines, up to zettabyte scalability and operating efficiency at a significantly lower cost than traditional systems. Named a “Cool Storage Company” in 2012, Amplidata is privately funded by Intel Capital*, Quantum* Western Digital*, Endeavour Vision*, Swisscom Ventures*, and Hummingbird Ventures*. The company’s US headquarters is in Milpitas, California with European headquarters in Lochristi, Belgium. Sales and support are worldwide. To learn more, visit http://www.amplidata.com.
AmpliStor, Himalaya, BitSpread and BitDynamics are trademarks of Amplidata.
*Other names and brands are the property of their respective owners.
Seth Bobroff, Amplidata, http://www.amplidata.com, +1 (480) 205-9905, [email protected]
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