OpenDrives raises almost $20 million to advance its data storage solutions

OpenDrives, which offers network-attached storage options for enterprise shoppers, at the moment introduced a collection B funding spherical. The corporate didn’t disclose the precise quantity however experiences that the spherical approaches $20 million and was led by IAG Capital Companions. OpenDrives plans to make use of the capital for product improvement, together with introducing high-performance computing hybrid cloud storage capabilities to new markets.

The corporate can be going public with its personal funding in a startup referred to as Ctrl IQ, whose know-how stack will assist OpenDrives scale its information workflows and convey HPC to enterprises. This information, mixed with OpenDrives’ current product collection launches — like its redesigned Atlas 2.0 software and customizable NAS Hardware —  present the evolution of its practically 10-year information journey. These enterprise software program and {hardware} merchandise had been disaggregated, or scaled out, for the primary time simply final yr.

In June, OpenDrives launched a distributed file system platform with an creator system that enterprises can customise with efficiency tiers. One function of the {hardware} is containerization help.

In keeping with OpenDrives CPO Sean Lee, software program containerization is essential to information technique. “We see lots of improvement in that area with Docker and Kubernetes and being a NAS product,” Lee instructed VentureBeat in an interview. “We discovered that we had been solely as quick as every part in between us and the top consumer. So networking configuration was actually essential, workstation on the different finish was essential, the working system, the appliance …”

OpenDrives’ storage merchandise are scale-up units enterprises use to unravel issues with high-bandwidth, low-latency information. The options are organized round defending information, scaling it, and integrating it into totally different workflows through software program architectures that comply with an API’s commonplace open protocol — together with proprietary ones that may in any other case make integrations tough, particularly for shoppers with much less sturdy IT groups.

READ  Marxent raises $15 million to expand an enterprise 3D home design platform

The corporate was based by media and leisure professionals in Culver Metropolis, California, and it continues to unravel information issues for the trade. Lee mentioned OpenDrives’ work with Disney to assist create a brand new strategy to content material distribution. “OpenDrives capabilities in a big expanse code farm, so transcoding is the conversion of video codecs from one type to a different,” he mentioned. He defined that the top product must eat the supply materials, which comes from totally different units, resolutions, and sizes, and format it in a different way to broadcast it rapidly. OpenDrives operates on the center of Disney’s present code farm workflow to broaden these capabilities.

OpenDrives product director James DiVito added, “We come from a media and leisure background, and it’s nonetheless our main vertical, despite the fact that we’re rising into these different ones.” DiVito used Netflix studios’ Home of Playing cards collection for example NAS options use case. “We drive consistency, maintain efficiency, and cut back latency,” he mentioned.

OpenDrives’ merchandise have additionally helped seize and use information from dwell occasions, like e-sports conventions with dozens of digital camera streams for on-line content material distribution. “That’s referred to as a rising file workflow, the place actually, because the file is being written …  being recorded from a digital camera on a selected stage, right into a storage system … the editor can really seize that file and start working with it,” Lee mentioned.

OpenDrives plans to allocate its collection B funds to product improvement for brand new makes use of. With Nvidia, the corporate intends to launch a brand new cloth this yr that offloads CPU processes to GPU to assist make containerization and compute processes throughout the general HPC infrastructure extra environment friendly.

READ  Looking for new solutions: Pairing traditional gadgets with new algorithms


VentureBeat’s mission is to be a digital city sq. for technical decision-makers to realize data about transformative know-how and transact.

Our website delivers important data on information applied sciences and methods to information you as you lead your organizations. We invite you to develop into a member of our group, to entry:

  • up-to-date data on the topics of curiosity to you
  • our newsletters
  • gated thought-leader content material and discounted entry to our prized occasions, similar to Remodel
  • networking options, and extra

Become a member

Leave a Comment