Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
Nexenta Gets $20 Million & New Management
It expects the new infusion to take it close to breakeven and near to an IPO

Nexenta Systems, the self-proclaimed leader in software-defined storage with a decent enough following to support its claim, has raised another $24 million in D series financing, making its total haul from venture capital $59 million.

The new investment was led by new investor Four Rivers Group and included existing investors Menlo Ventures, Translink Capital, Javelin Ventures, Sierra Ventures, Razor's Edge and West Summit Capital.

New strategic investors Presidio Ventures, an arm of Sumitomo Corporation, and UMC Capital, a direct investment arm of Taiwan-based semiconductor foundry UMC, also participated.

They give Nexenta an "in" in Japan and China respectively except that Nexenta is supposed to be doing swimmingly in China already.

Provocatively there are supposed to be secret strategic IT infrastructure investors that don't want their names mentioned.

Although the round was oversubscribed, which could mean a mezzanine round at some point, Nexenta expects the new infusion to take it close to breakeven and near to an IPO.

While it was about it, the start-up has also realigned its management bringing in Mark Lockareff as CEO to replace former CEO Evan Powell, who is now chief strategy officer.

The idea is to expand Nexenta's reach in the enterprise and service provider markets, something Lockareff is supposed to be good at and has more of an appetite for than Powell. He needs to monetize Nexanta's freemium model. The company has recently hired 20 sales reps, who will sell the widgetry for somewhere between $3,000 and $50,000 a pop.

The company has also named Bridget Warwick chief marketing officer. She comes from Blue Arc and before that NetApp and is supposed to expand the company's brand and awareness among global enterprises and service providers.

Nexenta has 5,000 paying customers, at least 620PB under management, hum, lemme see, that's something like 1.5 exabytes - including Korea Telecom's 100PB - and subsidiaries in Holland, the UK, Germany, China, South Korea and Japan, with active partners expending its reach by roughly 475%.

Its revenues have reportedly nearly doubled year-over-year and the company says it's seen triple digit growth for three consecutive years, making it probably the fastest growing enterprise storage company in the world.

About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

In order to post a comment you need to be registered and logged in.

Register | Sign-in

Reader Feedback: Page 1 of 1

Latest Cloud Developer Stories
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent pro...
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology trainin...
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for finan...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William ...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE