WekaIO, a file storage company delivering a NVMe-native high-performance software-defined storage solution that removes barriers between the data and the compute layer, has closed $31.7 million in a Series C funding round fueled by existing investors and new strategic investors from the storage industry, including Hewlett Packard Enterprise (HPE), Mellanox Technologies, NVIDIA, Seagate, and Western Digital Capital, alongside Qualcomm which invested previously. WekaIO addresses data intensive applications at scale in key verticals including artificial intelligence…"File Storage Company WekaIO Raises $31.7M in Series C Funding"
Colocation provider Flexential has completed a 70,000-square-foot expansion to its Alpharetta, Atlanta colocation facility. The expansion brings Flexential’s United States data center footprint to 3.1 million square feet. Atlanta and the surrounding Transaction Alley are one of the largest FinTech hubs in the U.S. with more than 70 percent of all credit card transactions now processed through the Atlanta metropolitan area, according to the Atlanta Small Business Network. These data-intensive companies would need secured, reliable, and scalable means to…"Flexential Announces 70,000 Sq. Ft. Data Center Expansion in Atlanta"