Will Nasuni Be The Next Big Cloud Storage Company IPO?
Grazed from Forbes. Author: Bruce Rogers.
Gartner predicts that Infrastructure-as-a-Service (IaaS) will achieve a compound annual growth rate (CAGR) of 41.3% through 2016, the fastest growing area of public cloud computing the research firm tracks. Global spending on public cloud services is expected to grow 18.6% in 2012 to $110.3B, achieving a CAGR of 17.7% from 2011 through 2016. The total market is expected to grow from $76.9B in 2010 to $210B in 2016. These two trends converge with the concept of Storage infrastructure as a service (SIaaS), a place where innovative company Nasuni plays.
Nasuni provides a consolidated storage solution for the distributed enterprise that offers build-in backup, replication and offsite protection using an on-site appliance connected to the Cloud to help company’s reduce their storage costs. The company offers large companies a service that gives everyone fast access to secure and centrally managed storage, no matter where they are located. The Boston-Based Nasuni has about 65 employees and has raised $42 million in venture capital since its founding in 2009 from Flybridge Capital Partners of Boston, North Bridge Venture Partners of Waltham and Sigma Partners of Boston…
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