Today ioFABRIC announced that it has received funding from private investors and Real Ventures, a venture capital firm specializing in early stage tech companies. ioFABRIC is planning on emerging from stealth soon with their new product, Vicinity.
Today ioFABRIC announced that it has received funding from private investors and Real Ventures, a venture capital firm specializing in early stage tech companies. ioFABRIC is planning on emerging from stealth soon with their new product, Vicinity.
ioFABRIC is comprised of a team that has worked together for over 20 years. This will mark the fifth time the team has worked together on a project. The four previous startup projects have had successful exits. The previous startups have included solutions in cache acceleration, network and data security, e-commerce and authentication and authorization. The founders include Steven Lamb, CEO, Rayan Zachariassen, CTO, Andrew Flint, Vice President of Marketing, and Nigel Miller, who directs business development at the company. Lamb was the former founder of Border Network Technologies, INEX, Nevex Software, and NEVEX Virtual Technologies.
While there isn’t a huge amount of details on ioFABRIC's new solution, Vicinity, they are describing it as a software-defined storage product that delivers industry-unique QoS-based storage automation and unifies existing and new storage investments to create a dynamic platform that delivers Storage-as-a-Service across a business.
Benefits include:
- Simplify storage through integration and automation
- Increase utilization and scale performance and capacity independently
- Deliver application-level QoS
- Reduce management overhead
- Realize an immediate ROI
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