Monday, 25 January 2010

Cloud Start-up Pulls in $8m A Round

Nasuni, a Massachusetts start-up that's about to trot out a gateway to cloud storage, has gotten $8 million in Series A funding from North Bridge Venture Partners and Sigma Partners. Nasuni founders CEO Andres Rodriguez, an ex-CTO of the New York Times, and Robert Mason pioneered a cloud storage architecture at Archivas, which Hitachi Data Systems (HDS) acquired in 2007 for $120 million.

The technology is currently at the heart of the HDS cloud initiative. The VCs both got Nasuni board seats, along with former Iron Mountain Digital president John Clancy.

The Enterprise Strategy Group says, "The commercial public cloud simply is not going to happen in a big way until the user has solid, secure control over their data. Nasuni has understood this from day one, and engineered its offerings to address this exact issue. The fact that they were able to do it so fast is a testament to focused execution by a focused team."

Original Article - read more

1 comment:

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