{"id":17446,"date":"2020-03-06T13:47:35","date_gmt":"2020-03-06T13:47:35","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/nvidia-acquires-data-storage-and-management-platform-swiftstack.html"},"modified":"2020-03-06T13:47:35","modified_gmt":"2020-03-06T13:47:35","slug":"nvidia-acquires-data-storage-and-management-platform-swiftstack","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/nvidia-acquires-data-storage-and-management-platform-swiftstack.html","title":{"rendered":"Nvidia acquires data storage and management platform SwiftStack"},"content":{"rendered":"

Nvidia today announced<\/a> that it has acquired SwiftStack<\/a>, a software-centric data storage and management platform that supports public cloud, on-premises and edge deployments.<\/p>\n

The company\u2019s recent launches focused on improving its support for AI, high-performance computing and accelerated computing workloads, which is surely what Nvidia is most interested in here.<\/p>\n

\u201cBuilding AI supercomputers is exciting to the entire SwiftStack <\/a> team,\u201d says the company\u2019s co-founder and CPO Joe Arnold in today\u2019s announcement. \u201cWe couldn\u2019t be more thrilled to work with the talented folks at NVIDIA <\/a> and look forward to contributing to its world-leading accelerated computing solutions.\u201d<\/p>\n

The two companies did not disclose the price of the acquisition, but SwiftStack had previously raised about $23.6 million in Series A and B rounds led by Mayfield Fund <\/a> and OpenView Venture Partners. Other investors include Storm Ventures and UMC Capital.<\/p>\n

\"\"<\/a><\/p>\n

SwiftStack, which was founded in 2011, placed an early bet<\/a> on OpenStack, the massive open-source project that aimed to give enterprises an AWS-like management experience in their own data centers. The company was one of the largest contributors to OpenStack\u2019s Swift object storage platform<\/a> and offered a number of services around this, though it seems like in recent years it has downplayed the OpenStack <\/a> relationship as that platform\u2019s popularity has fizzled in many verticals.<\/p>\n

SwiftStack lists the likes of PayPal, <\/a> Rogers, data center provider DC Blox, Snapfish and Verizon (TechCrunch\u2019s parent company) on its customer page. Nvidia, too, is a customer.<\/p>\n

SwiftStack notes that it team will continue to maintain an existing set of open source tools like Swift, ProxyFS<\/a>, 1space and Controller.<\/p>\n

\u201cSwiftStack\u2019s technology is already a key part of NVIDIA\u2019s GPU-powered AI infrastructure, and this acquisition will strengthen what we do for you,\u201d says Arnold.<\/p>\n

\n

SwiftStack Raises $16M For Its Enterprise Object Storage Service<\/a><\/p>\n<\/blockquote>\n

\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/VOOouoPHYx8\/<\/p>","protected":false},"excerpt":{"rendered":"

Nvidia today announced that it has acquired SwiftStack, a software-centric data storage and management platform that supports public cloud, on-premises and edge deployments. The company\u2019s recent launches focused on improving <\/p>\n","protected":false},"author":1,"featured_media":17447,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-17446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t