Hedvig bags $18m for software-defined storage

Distributed storage platform provider Hedvig has secured $18m in a round of funding the company said will be used to double down on development and expansion.
Data centre builders and cloud service developers are at loggerheads over their priorities, according to two new reports.
Software-defined storage expert Scality has secured $45m in a funding round led by Menlo Ventures, which the company said will be used to fuel its North American and international expansion.
Distributed storage platform provider Hedvig has secured $18m in a round of funding the company said will be used to double down on development and expansion.
IBM announced a patented software defined storage technology this week that it says can reduce digital storage costs up to 90 per cent in some cases. It said the innovation is ideal for big data applications that at times cost big money.
Red Hat said Wednesday that the company has entered into an agreement to purchase Inktank, a company that offers a software defined storage solution which optimises storage platforms for the cloud, for $175m in cash. Inktank’s founder and chief technology officer Sage Weil said the acquisition could even reverberate in the OpenStack community, where Red Hat is particularly active.
Popular watch, electronics and calculator manufacturer Casio announced Tuesday that it is deploying a virtualised storage solution, halving the cost of its previous storage estate and improving its performance.
Opscode, maker of IT automation software Chef has rebranded to take the name of its increasingly popular offering after a series D round of funding that saw the company rake in another $32m. The influx of cash arrives as Chef refreshes its executive team and seeks to double its sales and engineering staff over the next year.
In a bid to entrench its technology further into hyper-scale datacentres, Intel on Wednesday showcased chip innovations that will see the manufacturer turn up the heat on rivals AMD and ARM for the datacentres of cloud service providers.
EMC has said that its long-anticipated ViPR software defined storage platform will be available at the end of the month.