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Nvidia acquires data storage and management platform SwiftStack
Nvidia today announced that it has acquired SwiftStack, a software-centric data storage and management platform that supports public cloud, on-premises and edge deployments.
The company’s recent launches focused on improving its support for AI, high-performance computing and accelerated computing workloads, which is surely what Nvidia is most interested in here.
“Building AI supercomputers is exciting to the entire SwiftStack team,” says the company’s co-founder and CPO Joe Arnold in today’s announcement. “We couldn’t be more thrilled to work with the talented folks at NVIDIA and look forward to contributing to its world-leading accelerated computing solutions.”
The two companies did not disclose the price of the acquisition, but SwiftStack had previously raised about $23.6 million in Series A and B rounds led by Mayfield Fund and OpenView Venture Partners. Other investors include Storm Ventures and UMC Capital.
SwiftStack, which was founded in 2011, placed an early bet on OpenStack, the massive open-source project that aimed to give enterprises an AWS-like management experience in their own data centers. The company was one of the largest contributors to OpenStack’s Swift object storage platform and offered a number of services around this, though it seems like in recent years it has downplayed the OpenStack relationship as that platform’s popularity has fizzled in many verticals.
SwiftStack lists the likes of PayPal, Rogers, data center provider DC Blox, Snapfish and Verizon (TechCrunch’s parent company) on its customer page. Nvidia, too, is a customer.
SwiftStack notes that it team will continue to maintain an existing set of open source tools like Swift, ProxyFS, 1space and Controller.
“SwiftStack’s technology is already a key part of NVIDIA’s GPU-powered AI infrastructure, and this acquisition will strengthen what we do for you,” says Arnold.
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Scaleway adds object storage
Cloud hosting company Scaleway is launching object storage in public beta. The company uses an Amazon S3-compatible API, which means you could easily replace your Amazon S3 bucket with a Scaleway bucket by changing the API end point.
The basic object storage package starts at $5.75 per month (€5 per month), which includes 500GB of storage and 500GB of outgoing transfer. You then pay €0.01 per month for every extra GB of storage and €0.02 per month for every extra GB of outgoing transfer. And there’s no limit.
You can transfer data back and forth between a Scaleway server instance and your object storage bucket for free. You also can create a bucket for free during the public beta phase.
When it comes to the service-level agreement, the company promises 99.9 percent availability and 99.999 percent redundancy and protection of your files.
It’s hard to compare Scaleway’s pricing with big competitors, such as Amazon S3, Google Cloud Storage and Microsoft Azure’s blob storage. Pricing differs depending on the region and the level of availability. But they tend to be more expensive than Scaleway if you choose standard storage options.
Backblaze’s B2 charges $0.005 per GB of storage per month and $0.01 per GB of outgoing transfer per month. DigitalOcean’s Spaces costs $5 per month for 250 GB of storage, 1TB of outgoing transfer and then $0.02 per extra GB of storage, $0.01 per extra GB of transfer.
But pricing is just one thing. Chances are you don’t want to work with multiple vendors and pay for outgoing transfer by hosting your computing instances with one cloud hosting company and your object storage with another. Having object storage could help convince more clients to switch to Scaleway for everything.
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OpenIO raises $5 million to build your own Amazon S3 on any storage device
French startup OpenIO just raised $5 million from Elaia Partners, Partech Ventures and Nord France Amorçage. The company has been focusing on object storage technology for different kinds of infrastructure. With today’s funding round, the company plans to work on getting new clients in the U.S. and Japan in addition to the EMEA region. Object storage is a different way of thinking… Read More
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Minio scores $20 million Series A to build a neutral object storage layer
Minio has a plan to become the neutral object storage layer, while still maintaining Amazon S3 object storage compatibility. That may seem like an odd strategy, but as CEO Anand Babu Periasamy, co-founder and CEO of Minio points out, there is a clear market need.
By building a solution that enables customers to store data across a variety of solutions including S3, he believes he is giving… Read More
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