Emerging Storage Vendors To Know In 2022
As part of CRN’s Emerging Vendors for 2022, here are 10 data storage and disaster recovery startups, founded in 2016 or after, that solution providers should be know about.
The New Generation Of Storage Vendors
The total amount of data created and replicated, worldwide, will grow at a 23 percent CAGR from 79 zettabytes in 2021 to 181 zettabytes in 2025, according to market researcher IDC.
While most of that data isn’t saved, enough is stored to drive sales of data management and data storage systems that meet the need for ever-increasing capacity. IDC calculates that the “Global StorageSphere” – the total installed base of data storage capacity – reached 7.9 zettabytes in 2021 and will grow at a CAGR rate of greater than 19 percent through 2025.
That’s generating demand for leading-edge technologies for storing, managing, protecting and moving growing volumes of data. And that’s fueling a new crop of startups developing the next generation of data storage and disaster recovery systems.
As part of CRN’s Emerging Vendors for 2022, here are 10 data storage technology startups, founded in 2016 or later, that the channel should know about.
*HYCU
*Wult
Calamu
Founded: 2018
Top Executive: Paul Lewis, Founder and CEO
Calamu develops what it calls “data-first” security technology that protects against data breaches and data theft.
Calamu Protect works by processing data from server workloads and end-user workstations, automatically fragmenting and scattering data across multiple, separate storage locations and making it useless to hackers. Data is automatically reconstituted for use by authorized users and applications.
Calamu, headquartered in Clinton, N.J., raised $16.5 million in Series A funding in February.
Filebase
Founded: 2019
Top Executive: Joshua Noble, Co-Founder and CEO
Filebase develops an S3-compatible object storage platform that stores data in a secure, redundant and performant manner across multiple, decentralized storage networks.
The startup’s Managed Object Storage platform unifies multiple networks under a single S3-compatible API, enabling customers to save more than 90 percent on storage costs compared to traditional cloud providers, according to the company.
Filebase is headquartered in Boston.
Website: https://filebase.com/
Graid Technology
Founded: 2020
Top Executive: Leander Yu, Co-Founder and CEO
Startup Graid develops Graid SupremeRAID, an NVMe RAID card designed for modern software composable environments that the company says can unlock the full potential of SSD performance. The card protects both direct-attached flash storage and storage connected via NVMe over fabrics.
Graid, based in Santa Clara, Calif., raised $15 million in Series A funding in January.
Website: https://www.graidtech.com/
Hammerspace
Founded: 2018
Top Executive: David Flynn, CEO
Hammerspace delivers a global data environment that spans across on-premises data centers and public cloud infrastructure. With origins in Linux, NFS, open standards, flash and deep file system and data management technology, Hammerspace connects users with their data and applications on any existing data center infrastructure or public cloud services.
Hammerspace is based in San Mateo, Calif.
Website: https://hammerspace.com/
HYCU
Founded: 2018
Top Executive: Simon Taylor, Founder and CEO
HYCU is a fast-growing leader in the hybrid cloud and multi-cloud data backup and recovery as-a-service industry. By bringing true SaaS-based backup to both on-premises and cloud-native environments, the company provides data protection, migration and disaster recovery to more than 3,100 companies and 400 partners worldwide.
In June, HYCU raised $53 million in a Series B funding round, financing that will help the Boston-based company accelerate several key go-to-market initiatives including bringing to market a new developer-led SaaS service.
Website: https://www.hycu.com/
Lightbits Labs
Founded: 2016
Top Executive: Eran Kirzner, Co-Founder and CEO
Lightbits Labs is a disaggregated, NVMe/TCP elastic block storage platform that delivers ease of use and efficiency for private, public, and edge clouds. The company targets Tier 2 and 3 cloud service providers, financial services, and telecommunications companies.
In June, Lightbits raised $42 million in growth capital, bringing the San Jose, Calif.-based company’s total financing to more than $100 million since its founding.
Website: https://www.lightbitslabs.com/
Nyriad
Founded: 2021
Top Executive: Derek Dicker, CEO
Nyriad has developed what it describes as the industry‘s first storage solutions utilizing the power of GPUs and CPUs, delivering an unprecedented combination of performance, resilience, and efficiency. The systems enable petabyte-scale shared block storage that is simple to deploy, operate and maintain and is ideal for data-intensive workloads.
Nyriad relocated its headquarters from New Zealand to San Jose, Calif., in September 2021. And in November it raised an additional $28 million in funding.
Website: https://www.nyriad.io/
Shayre
Founded: 2018
Top Executive: Chris Monte, Co-Founder and CEO
Shayre’s data sharing and file synchronization software utilizes an optimized TCP-IP stack for high network performance and data encryption to safeguard data while in transit. The direct point-to-point and point-to-multipoint technology utilizes an organization’s own storage systems rather than cloud storage.
Shayre is based in Los Angeles.
Website: https://www.shayre.com/
Tsecond
Founded: 2020
Top Executive: Sahil Chawla, Co-Founder and CEO
Tsecond’s Bryck is a portable, universally compatible data management platform that’s used to capture, process, store and move large volumes of data from static or mobile edge computing devices. Bryck can process data in real time at the edge and transport it to data centers or the cloud.
The Bryck device, which Tsecond (San Jose, Calif.) launched in October 2021, can pack up to a petabyte of data into an external drive.
Website: https://tsecond.us/
Wult
Founded: 2020
Top Executive: Rune Bromer, Co-Founder and CEO
Wult develops a data extraction, transformation and management platform for data governance and compliance tasks.
Wult is headquartered in Copenhagen, Denmark.
Website: https://wult.io/