Tag: Scality

HP pouring cash into Scality

INDUSTRY HP 1A few days after Scality and HPE storage announced a reselling deal, it has been revealed that the former maker of expensive printer ink wrote a cheque for $10 million into the object storage startup.

Scality’s mail product is its RING software storage which uses x86 servers and Linux with no kernel modifications. It can handle for hundreds of petabytes of data and continuous availability at scale, with the ability to serve the majority of storage workloads via file, object, and OpenStack-based interfaces.

The investment move adds to the story of the HPE Server-Scality reselling deal. It would appear that Scality has found its much needed sugar daddy.

Earlier this year, Scality announced a $45 million D-round of funding, taking total funding to $80 million so this HPE $10 million is part of it.

HPE’s move mirrors a similar push by Biggish Blue which bought Scality competitor Cleversafe.
All this money means that HPE likes Scality’s software and wants to help it in its bid to take on IBM in the business market.