Get the latest tech news

Cerabyte scores investment from Pure Storage for ceramic-based data storage


Cerabyte secures strategic investment from Pure Storage, accelerating the commercialization of its revolutionary ceramic-based cold storage technology.

This partnership, announced today, not only brings crucial funding but also adds Pure Storage founder John “Coz” Colgrove to Cerabyte’s board, bridging the gap between cutting-edge research and market-ready products. Hard drives and flash storage need regular replacement cycles, typically every 3-5 years, which increases the risk of data corruption during migration and contributes to ongoing operational costs and energy consumption. In concert and conjunction with tape, new technologies such as Cerabyte’s will be required to provide viable and cost-effective solutions to enterprise customers’ crucial challenges with the security, immutability and sustainability (SIS) of their vital data.”

Get the Android app

Or read this on Venture Beat

Read more on:

Photo of investment

investment

Photo of Pure Storage

Pure Storage

Photo of ceramic

ceramic

Related news:

News photo

Drax Warns Subsidy Decision Needed in 2024 to Unlock Investment

News photo

Investment Drops in a Crucial Part of the Climate Tech Ecosystem

News photo

Goldman Sachs says the return on investment for AI might be disappointing