{"id":1093,"date":"2010-04-14T07:00:07","date_gmt":"2010-04-14T15:00:07","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=1093"},"modified":"2010-04-14T07:00:07","modified_gmt":"2010-04-14T15:00:07","slug":"storage-vc-money-flows-to-big-data-and-storage-start-ups","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/storage-vc-money-flows-to-big-data-and-storage-start-ups\/","title":{"rendered":"Storage:  VC Money Flows to Big Data and Storage Start ups"},"content":{"rendered":"<p>2009 was a bad year for VC monies flowing into new startups.\u00a0 Some analysts <a target=\"_blank\" title=\"Lack of VC monies in 2009\" href=\"http:\/\/arstechnica.com\/business\/news\/2010\/02\/intel-vcs-to-replenish-innovation-pipeline-with-wad-of-cash.ars\">warn <\/a>that 2011 and 2012 will be years short on innovation since the pipeline leading up to innovative new products dried up beginning in the fall of 2008.<\/p>\n<p>VC activity is still pretty muted, but there are a couple of areas that are seeing dollar investments:\u00a0 Big Data and Storage.\u00a0 The explosive trajectory of data growth, both structured and unstructured, in both business and consumer sectors are creating the interest in these areas.\u00a0 Om Malik <a target=\"_blank\" title=\"VC Funding for Big Data and Storage\" href=\"http:\/\/gigaom.com\/2010\/03\/10\/big-data-storage-fundings\/\">reports <\/a>examples of some companies that are seeing VC investment monies:<\/p>\n<p><a target=\"_blank\" title=\"Scale Computing\" href=\"http:\/\/us.hadnews.com\/benchmark-others-store-9-million-in-scale-computing.htm\">Scale Computing<\/a>\u00a0 &#8211;\u00a0 $9 million.\u00a0 Sells midmarket clustered storage solutions<br \/>\n<a target=\"_blank\" title=\"Pivot3\" href=\"http:\/\/siliconangle.com\/sabackchan\/2010\/03\/02\/pivot3%C2%AE-raises-25-million-in-new-fundin\/\">Pivot3 <\/a>&#8212; $25 million. \u00a0 Sells virtual servers and scalable storage.<\/p>\n<p><a target=\"_blank\" title=\"Rainstor\" href=\"http:\/\/www.ramonchen.com\/?p=2642\">RainStor<\/a> &#8212; $7.5 million.\u00a0 Structured data backups.<\/p>\n<div id=\"refHTML\" \/>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fstorage-vc-money-flows-to-big-data-and-storage-start-ups%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Fstorage-vc-money-flows-to-big-data-and-storage-start-ups%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/reddit.png\" alt=\"Reddit This\" 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