Splunk Acquires Cloudmeter, Egnyte Raises $29 Million

Splunk acquires network data capture provider Cloudmeter, Egnyte secures $29.5 million from big name investors for its enterprise file sharing platform, and Cleversafe expands its object storage capabilities.

Splunk acquired Cloudmeter.  Splunk (SPLK) announced it has acquired Cloudmeter, a provider of network data capture technologies. The addition of Cloudmeter will enhance the ability of Splunk customers to analyze machine data directly from their networks and correlate it with other machine-generated data to gain insights across Splunk’s core use cases in application and infrastructure management, IT operations, security and business analytics. “The increasing complexity of enterprise applications and infrastructure makes network data a valuable source of data for operational intelligence,” said Godfrey Sullivan, Chairman and CEO, Splunk. “Cloudmeter has a strong technical team with deep networking expertise. They have built a robust, highly scalable solution that will allow our customers to easily capture network data, either on-premises or in the cloud. We look forward to integrating Cloudmeter technology into Splunk’s platform for machine data.”

Egnyte secures $29.5 million.  Enterprise file-sharing platform Egnyte announced that it has closed on $29.5 million Series D funding round with participation from Northgate Capital Group, strategic partners Seagate Technology and CenturyLink, along with additional support from existing investors Google Ventures, Kleiner Perkins Caufield & Byers, and Polaris Partners. The funds will be used to help the company expand globally, as well as make strategic investments in product development, sales and marketing. "We are extremely excited to receive this infusion of capital from our new and existing investors," said Egnyte CEO and Founder Vineet Jain. "They clearly recognize the market opportunity and believe that Egnyte is strategically positioned to build on the rapid growth and success we've already achieved. This new funding will help fuel our global expansion plans, which include a move to our new 30,000 square-foot US headquarters, as well as the opening of a UK office early next year.

Cleversafe introduces new tiered storage models.  Cleversafe announced an expansion of its capabilities for a wide range of storage applications and workloads by introducing two new Slicestor models and a Cache Vault feature based on the company’s dispersed object-storage technology. The new capabilities enable storage amounts up to an Exabyte, and is cost-effective, while delivering more objects per second. Customers with mixed workloads, where some data is accessed much more frequently and higher performance is critical, will be able to realize up to a 10-fold increase in objects/second performance with the new Slicestor 4100 and 2440 models. “Our mission always has been to solve the most challenging problems in today’s enterprise environment surrounding data storage,” said Russ Kennedy, Cleversafe senior vice president of Product Strategy and Customer Solutions. “When we consider the full scope of data challenges, we address what our customers do every day with their information, which is to access, analyze, and share it, as well as securely and reliably archive and back up data,” said Kennedy. “Our fresh advances in software along with our new hardware offerings meet many more application requirements for scale along with the performance that our customers require.”