Storage Start-Up Fusion-io Continues Rapid Pace

Data storage has always been a tumultuous part of tech, as companies grapple with a rising flood of information and hardware vendors race to offer hardware that stores more of it. But speed is just as important as capacity for many customers, helping to explain the momentum of a startup called Fusion-io.

The closely held company, based in Salt Lake City, on Monday plans to announce its third funding round–totaling $45 million–that will bring its total raised to date to $111.5 million. Meritech Capital Partners, a new investor, led the round, which has other new contributors that include Accel Partners and Andreessen Horowitz. Computer maker Dell (DELL) and electronics giant Samsung have are among the investors that have previously put money into Fusion-io.

Read the rest of this post on the original site


Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »