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distristor Authors: Pat Romanski, PR.com Newswire, Cloud Best Practices Network, Tom Leyden

Related Topics: Cloud Computing, Virtualization Magazine, Cloud Expo on Ulitzer, Virtualization Expo, SOA in the Cloud Expo, Microservices Journal, Distributed Storage

distristor: News Item

Cloud Storage Pioneer Amplidata Closes €2.5 Million Series A Funding

The introduction of high capacity SATA disks represents a huge opportunity: CEO Wim De Wispelaere

Cloud Expo Europe €550 Savings here!
Cloud Expo West
$800 Savings here!

Belgium-based Amplidata, an innovator in next-generation distributed storage technology for public and private clouds, announced today that it has successfully closed a first round of institutional funding, totaling €2.5M, with Big Bang Ventures. Amplidata provides unbreakable storage technology that is ten thousand times more reliable than current RAID based technologies, requires three times less storage and power and is thereby five times less expensive than current storage solutions.

The Amplidata Distributed Storage System fundamentally changes the way how data is stored. The company’s patent pending BitSpread encoding technology offers the scalability and ease-of-use of a next generation RAIN grid, creating a 10,000 times more reliable alternative to RAID. Through more efficient usage of power and raw storage capacity, Amplidata drastically decreases the storage cost. Amplidata easily scales up to tens of Petabytes.

The company is addressing some of the inherent weaknesses of high capacity disk systems, such as performance, bit error rates, mean time between failures and RAID rebuild times which have not improved sufficiently to keep up with the explosion of digital storage needs. Amplidata was in founded in 2008 by Wim De Wispelaere (CEO) and Wouter Van Eetvelde (COO), two storage veterans. They have been involved in the development and launch of several innovative products and technologies. Serial entrepreneur and high-tech visionary Kristof De Spiegeleer is the primary investor. Commenting on the new funding round, Kristof De Spiegeleer said, “It is a pleasure to work with Big Bang Ventures again. Our past successes have proven that they contribute a lot through their understanding of the market and experience in helping start-up organizations successfully expand.”

Wim De Wispelaere clarifies:

“After having booked our first successful deployments of the BitSpread technology, the BBV investment will allow us to ramp up sales and marketing activities across Europe and in the US. The introduction of high capacity SATA disks represents a huge opportunity to store massive amounts of digital data. But as RAID does not work on these, it requires a paradigm shift to build reliable and easy to manage storage systems with them. Amplidata BitSpread is the first to combine high reliability and scalability with high efficiency and performance.”

The trio De Spiegeleer, De Wispelaere and Van Eetvelde was previously successful with DataCenter Technologies (acquired by Symantec) and Dedigate (acquired by Terremark). De Spiegeleer also added Q-Layer (acquired by SUN Microsystems) to his track record.

Frank Maene, Managing Partner of Big Bang Ventures, on the talent of De Spiegeleer, “We have successfully worked several times with Kristof over the last ten years and I consider him to be one of the most driven and successful entrepreneurs that I know.” Maene sees very high potential for the Amplidata technology. “The Amplidata technology meets the three main requirements for storage in the age of cloud computing. It is the most reliable storage solution out there with the highest possible efficiency and it is ultimately scalable. They rightfully call it unbreakable technology.”

In his session at the 6th International Cloud Expo, Wim De Wispelaere will be discussing Unbreakable Storage for Private Clouds.

Explore Cloud Expo Sponsorship & Exhibit Opportunities !

A Rock Star Faculty, Top Keynotes, Sessions, and Top Delegates!
Cloud Expo 2010 Europe, June 21-22, Prague Hilton Hotel, Prague, Czech Republic, and Cloud Expo 2010 West, November 1-4, Santa Clara Convention Center, Santa Clara, California, will feature technical sessions from a rock star conference faculty and the leading Cloud industry players in the world.

The growth and success of Cloud Computing will be on display at the upcoming Cloud Expo conferences and exhibitions in Prague June 21-22 and Santa Clara November 1-4.

The recent Cloud Expo at the Javits Center in New York City was the largest Cloud Computing conference ever produced, more sponsors, exhibitors and delegates than all other Cloud events of the year combined!

The four-day Santa Clara event will attract more than 5,000 delegates from 48 countries and over 150 sponsors and exhibitors on a 120,000 sq ft show floor, larger than Cloud Expo 2010 East, New York City event!

All main layers of the Cloud ecosystem will be represented in the6th and 7th International Cloud Expo - the infrastructure players, the platform providers, and those offering applications, and they'll all be here to speak, sponsor, exhibit and network.

"Cloud Expo was announced on February 24, 2007, the day the term ‘cloud computing' was coined," said Fuat Kircaali, founder and chairman of SYS-CON Events, Inc. "Cloud has become synonymous with ‘computing' and ‘software' in two short years, and this event has become the new PC Expo, Comdex, and InternetWorld of our decade. By 2012, more than 50,000 delegates per year will be attending Cloud Expo."

Sponsorship Opportunities
for Cloud Expo Prague and Santa Clara
Cloud Expo 2010 Europe and Cloud Expo 2010 West "show prospectus" have shipped. Sponsorship, exhibit, and keynote opportunities can be obtained from Carmen Gonzalez by email at events (at) sys-con.com, or by phone 201 802 3021.

Early Bird Registration Options
for Cloud Expo Prague and Santa Clara
Cloud Expo delegates can pre-register for the Cloud Expo Europe with €550+ savings here and for Cloud Expo West with $800+ savings here.

About SYS-CON Media & Events
SYS-CON Media (www.sys-con.com) has since 1994 been connecting technology companies and customers through a comprehensive content stream at www.sys-con.com - featuring over forty focused subject areas, from Cloud Computing to Web Security - interwoven with market-leading full-scale conferences produced by SYS-CON Events. The company's internationally recognized brands include among others Cloud Computing Expo (www.CloudComputingExpo.com), Virtualization Conference & Expo (www.VirtualizationConference.com), Government IT Conference & Expo (www.GovITExpo.com), Cloud Computing Bootcamp (www.CloudComputingBootcamp.com), and UlitzerLive! New Media Conference & Expo (http://events.sys-con.com).

Cloud Expo, Cloud Expo East, Cloud Expo West, Cloud Expo Silicon Valley, Cloud Expo Europe, Cloud Expo Tokyo, Cloud Expo Prague, Cloud Expo Hong Kong, Cloud Expo Sao Paolo are trademarks and /or registered trademarks (USPTO serial number 85009040) of Cloud Expo, Inc.

More Stories By Pat Romanski

News Desk compiles and publishes breaking news stories, press releases and latest news articles as they happen.

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