|Description||Total Data Access|
|Seed, 11/2012 ||$2.5M|
It doesn’t matter how much data you have if you can’t work with it. The business can’t be integrated unless you have frictionless control over the dataset. Yet traditional data systems are often siloed and provide access to just one type of data at a time. They were not made for a world in which access to all of the data is a business imperative.
The Peaxy™ Hyperfiler® is a powerful and scalable, software-only architecture for aggregating, managing and storing data. Most importantly, it brings total data access to industry for the first time.
At the core of the Hyperfiler is a sophisticated data architecture that employs virtual machine (VM) technology to create a distributed data space managed through a single pane. Data files are stored in clusters of VMs called hyperservers. Metadata is logically organized as a unified namespace and distributed across the cluster. All data is broken out of silos and into a dataplane for easy user access.
Peaxy, Inc. was founded in 2012 by a group of longtime software and industrial R&D experts dedicated to solving the problems surrounding the enormous growth in unstructured data access and storage.
Peaxy celebrated its second birthday in March, 2014, by making its first commercial release of the Peaxy Hyperfiler available to a limited set of charter accounts.