Good morning, I.T. entrepreneurs. Here are five technology news insights, rumors, gossip and plenty more to start your day for Wednesday, February 18, 2015.
Actually, today's update involves seven items...
7. Breaking: Axcient announced $25 million in Series E funding this morning. CEO Justin Moore shares the details in this podcast -- while also describing the differences between cloud backup vs. business resiliency.
6. Behind the Curtain No More: Springpath, launched by VMware veterans, has emerged from stealth mode and raised $34 million to focus on software-defined storage -- and the data center of 2020. Springpath, like most software-defined offerings, runs on commodity servers rather than expensive, dedicated storage systems.
5. Come to Think of It: The biggest winner in the software-defined networking, storage and data center wars won't be VMware, Cisco, Springpath or any other software player. Instead... it will be Intel, since most of the major software-defined players want to run on commodity x86 hardware.
4. Apple Car Details: Here's everything you need to know about Apple's alleged car project -- according to Will Oremus (senior technology writer, Slate.com), Mike Elgan and yours truly from the Tech News Today netcast:
3. Big Numbers: Cloudera, one of the leading Hadoop distribution providers, says its revenue surpassed $100 million in fiscal 2015, up roughly 100 percent from fiscal 2014. Cloudera's fiscal 2015 ended on January 31, 2015. Rival Hortonworks is already public. It's a safe bet Cloudera is looking to march toward its own IPO -- or fetch a big valuation through M&A...
2. Call Me Skeptical: Pivotal, spun off from EMC and VMware, has open sourced its Hadoop technology. The company, led by VMware and Microsoft veteran Paul Maritz, claims its offering is "the world's first open-source-based, enterprise class big data product suite." Still, Pivotal is doing a pivot of sorts -- following layoffs in November 2014.
1. Parting Ways: Sources say Boundary and CEO Gary Read have parted ways. No additional details or confirmation so far -- but we're convinced the separation has happened. Boundary has been one of the hottest cloud monitoring and big data startups. And Read previously built Nimsoft before selling the company to CA Technologies in 2010 for about $350 million -- or roughly 10 times revenues. Memo to Gary: Let us know what you decide to do next, and thank you for your insights over the years. Memo to Boundary's Next CEO: Care to do a podcast interview?
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