Will Nasuni Be The Next Big Cloud Storage Company IPO?
February 12, 2014
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…
Nasuni posted strong financial results in 2013, and engineered several key innovations to its product. In November, the company’s founder and CEO, Andres Rodriguez, received a patent for Nasuni’s core technology, UniFS – the ability to create a versioned file system from the object-based storage infrastructure of public cloud storage providers…
Read more from the source @ http://www.forbes.com/sites/brucerogers/2014/02/11/will-andres-rodriguez-nasuni-be-the-next-big-cloud-storage-company-ipo/?ss=game-changers/
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