Storage News

Tuesday, March 16, 2010

Ky. software startup Backupify moving to Boston
Back up the moving truck right here: Louisville, Ky. software startup Backupify Inc. has raised $1.1 million and is coming to Boston. The 2-year-old startup has developed software designed to back up data stored in cloud-based services like Google Inc.’s Gmail, or the photo sharing service Flickr.

Wednesday, March 10, 2010

Systematics bought by Maryland firm
Systematics Inc., a maker of on-premises systems for records storage and management based in Westborough, has been acquired by National Office Systems of Maryland and will be officially renamed National Office Systems, New England Inc.

Thursday, March 4, 2010

Hasbro chairman Verrecchia joins Iron Mountain board
Iron Mountain Inc. has appointed Hasbro Inc. board chairman Alfred J. Verrecchia as its 11th member of the board of directors. Verrecchia is a career-long Hasbro veteran who previously served as CEO of the Rhode Island toy and game maker.

Wednesday, March 3, 2010

Fitzgerald steps down from EMC board; DiStasio steps in
EMC Corp. has announced the resignation of W. Paul Fitzgerald from the data storage giant’s board of directors, and his subsequent appointment as director emeritus. The Hopkinton company also noted that James S. DiStasio has been elected to the board of directors.

Tuesday, March 2, 2010

NaviSite promotes Borcherding to president
NaviSite Inc., an Andover-based provider of cloud computing technology services, has named R. Brooks Borcherding as president of the company.

Friday, February 26, 2010

EMC appoints Breen to VP of strategic alliances
Data storage giant EMC Corp. has named Accenture veteran Terry Breen as the company's senior vice president of strategic alliances, where he will be charged with establishing and growing the company’s relationships with its partners.

Thursday, February 25, 2010

Iron Mountain starting stock dividends, plans $150M stock buyback
Iron Mountain Inc. will be doling out cash dividends to its stockholders for the first time in the Boston-based company’s history, under a new program that will begin April 15. At the same time, the company said it will be buying back $150 million worth of its own common stock.

Monday, February 22, 2010

Iron Mountain pays $112M for Mimosa Systems
Iron Mountain Inc., the data storage and protection firm based in Boston, has acquired California content archiving firm Mimosa Systems Inc. for $112 million in cash.

Friday, February 12, 2010

Pixily relocates, plans name change
Pixily, a document scanning and management startup, has completed a move to new headquarters in Cambridge this week, at the same time it is preparing to launch new company name, OfficeDrop.

Friday, February 5, 2010

Terascala taps investors for $2M funding
Avon's Terascala Inc., a maker of storage systems for high performance computing centers, has raised $2 million in a new round of funding through the placement of equity options.

Thursday, February 4, 2010

Netezza nabs NEC as development partner
Netezza Corp. of Marlborough has entered into a development deal with Japanese technology giant NEC Corp. under which the two companies will co-develop NEC-branded data warehouse appliances that will first be sold in Japan and the Asia Pacific region, but eventually will be marketed by NEC worldwide.
Schwartz posts Sun resignation on Twitter
Sun Microsystems Inc. CEO Jonathan Schwartz, one of the first big company CEOs to aggressively adopt social media, posted his resignation on Twitter at about midnight East Coast time Wednesday. The resignation follows Sun's official acquisition by Oracle Corp. last week.

Friday, January 29, 2010

GlassHouse narrows losses, files for $75M IPO
Less than a year after pulling the plug on a previous attempt to go public, GlassHouse Technologies Inc., a Framingham storage and virtualization consulting and services company, has filed to hold an initial public offering.

Thursday, January 28, 2010

Iron Mountain unit buys Calif. e-discovery firm
Boston-based Iron Mountain Inc. reports that its California-based electronic discovery subsidiary Stratify has acquired Legal Imaging Technologies Inc., a San Francisco area company specializing in electronic document conversion and imaging processing.

Wednesday, January 27, 2010

Egenera lands $2M from debt, equity sale
Egenera Inc., a developer of data-center management software, has raised $2 million through a debt and equity sale that closed Jan. 15 and involved six investors.

Wednesday, January 6, 2010

The Mover: Iron Mountain's Venkata uses startup skills to grow storage company
If Iron Mountain Digital is going to successfully spread its wings, company president Ramana Venkata will have to take a unit of a 59-year-old company and treat it like a startup. The next stage, he said, is to “add intelligence to data as we store it.”

Monday, January 4, 2010

EMC to buy IT security firm Archer Technologies
EMC Corp. announced it will acquire Archer Technologies, a maker of IT security and risk management software. Archer’s products will be integrated into EMC’s RSA Security division to augment its products that keep sensitive data from leaving corporate networks.

Thursday, December 31, 2009

Out after '09, In with '10
Mass High Tech staff members offered up their thoughts on which trends and technologies can fade away, or at least step back from the podium, with the passing of 2009, and what to watch for in the new year.

Wednesday, December 23, 2009

VaultLogix lands new funds from WestView
Online data backup and disaster recovery firm VaultLogix LLC has taken in a new round of funding, an unspecified amount, from Boston-based private equity firm WestView Capital Partners, along with previous VaultLogix backer London Bay Capital and company management.

Tuesday, December 15, 2009

ExaGrid stores away $16M in fifth funding round
Westborough-based storage company ExaGrid Systems Inc. has landed $16 million in a Series E round of funding, according to federal documents. The company has now taken in a total of $93 million in venture funding.