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Acquired byIBM
Price$140M
Date6/2010

General Information

Offices

Headquarters
225 Cedar Hill Street
Suite 200
Marlborough, MA, 01752
USA

People

Founder
CEO
CFO
CTO
VP Technology Strategy
Vice President, Worldwide Sales
Vice President, Engineering
Investor, partner and founder

Funding

TOTAL $28M
FUNDING TOTAL $28M
Series B, 6/2007
Sequoia Capital
$9M
Series C, 4/2008
Bessemer Venture Partners
Sequoia Capital
Lehman Brothers
$19M

Competitors

Tags

Storwize

Storwize, Inc. is the only provider of real-time data compression solutions that dramatically boost storage space on network storage environments. Storwize appliances are installed between the organization’s storage arrays and their network. Designed to work with any storage array it is connected to, the Storwize appliance typically provides organizations with 2-5X additional capacity with associated savings in capital, operational, maintenance and management resources. Storwize solutions have been shipped to customer sites worldwide and successfully tested for interoperability with leading storage vendors such as EMC and NetApp. Storwize has won several coveted industry honors from analyst firms and leading IT publications, and added multiple new customers in different vertical markets worldwide.

Increase the effective capacity of existing NAS infrastructure up to 15x with Storwize’s STN-6000p capacity optimization platform featuring real-time lossless data compression. Based upon a powerful multi-core hardware platform, the STN-6000p appliance is deployed between the network, switch and storage providing average data compression of > 65% across multiple applications and more than 90% on business critical applications without performance degradation, enabling it to be deployed in even the most data intensive enterprise environments. The appliance does not require workflow changes, software agents or server drivers and can be deployed seamlessly without any configuration changes to existing environments.

Recent Milestones

Videos

Screenshots

Traffic Analytics

Compete

Storwize

Sources

  1. IBM close to buying Storwize for $140 million, says Israeli site (venturebeat.com) [edit]
  2. Storewiz raises $9M for online storage compression appliance (venturebeat.com) [edit]
  3. Storwize Secures $19M (byteandswitch.com) [edit]
  4. Lead411's "Hottest Boston Companies" awards (lead411.com) [edit]
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Last Edited 3/27/14

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