Seagate Technology

Seagate Technology is a prominent data storage and hardware company specializing in the design, development, and manufacturing of hard disk drives (HDDs) and solid-state drives (SSDs). The company provides a diverse range of storage solutions tailored for various applications, including enterprise servers, mainframes, desktop and notebook computers, and consumer devices such as digital video recorders and portable external storage systems. Seagate primarily sells its products to original equipment manufacturers, distributors, and retailers, establishing itself as a key player in both the enterprise and consumer markets. In addition to its hardware offerings, Seagate also delivers data storage services for small- to medium-sized businesses, encompassing online backup, data protection, and recovery solutions. The company is recognized for its competitive positioning in the market, operating alongside its main rival in a practical duopoly.

Tara Long

Vice President of Strategy and Corporate Development

Past deals in Storage Services

WEKA

Series C in 2019
WEKA is an AI-native data platform company that provides a cloud and hardware-agnostic software solution for performance-intensive applications. Its WEKA® Data Platform enables unprecedented performance at scale by transforming stagnant data silos into dynamic data pipelines, facilitating faster and more efficient execution of enterprise AI, machine learning, and GPU workloads. The platform ensures seamless data access across on-premises, cloud, edge, and hybrid multicloud environments. Targeting a diverse range of industries, including life sciences, media and entertainment, financial services, and government, WEKA helps organizations manage their data effectively, enabling them to overcome complex data challenges and achieve insights more rapidly. The company serves hundreds of leading enterprises and research organizations, including a significant portion of the Fortune 50.

Reduxio

Series C in 2017
Since 2012 Reduxio has redefined data management and data protection, and the company has evolved its mission to deliver the first microservices-based storage and data platform for stateful applications. Reduxio’s cloud data platform for Kubernetes pairs high performance software-defined container-native storage and data management with data mobility to enable customers to build a single data cloud for their applications across all their infrastructure, anywhere. Reduxio is backed by Intel Capital, C5 Capital Cloud Partners and Jerusalem Venture Partners (JVP).

Lyve Minds

Acquisition in 2015
Lyve Minds is a company that offers a mobile application designed to help users manage their photo and video collections. The platform allows individuals to collect, organize, and safeguard their memories in one convenient space. By providing tools for sorting and protecting media files, Lyve Minds aims to enhance the user experience in preserving life's moments.

Dot Hill Systems

Acquisition in 2015
Dot Hill Systems Corp., established in 1988 and headquartered in Longmont, Colorado, designs, manufactures, and markets storage solutions for entry-level to midrange markets globally. The company offers integrated hardware, firmware, and software products, featuring modular systems that allow users to add capacity or data protection schemes as needed. Its product portfolio includes AssuredSAN storage arrays with capacities ranging from 146GB to 108TB, supporting various connectivity options like Fibre Channel, iSCSI, SAS, and SATA. Dot Hill also provides AssuredVRA, a host-based RAID stack for Windows and Linux servers, along with data protection software. The company primarily sells its products through channel partners such as OEMs, distributors, resellers, and federal contractors.

Reduxio

Series B in 2014
Since 2012 Reduxio has redefined data management and data protection, and the company has evolved its mission to deliver the first microservices-based storage and data platform for stateful applications. Reduxio’s cloud data platform for Kubernetes pairs high performance software-defined container-native storage and data management with data mobility to enable customers to build a single data cloud for their applications across all their infrastructure, anywhere. Reduxio is backed by Intel Capital, C5 Capital Cloud Partners and Jerusalem Venture Partners (JVP).

SandForce

Acquisition in 2014
SandForce is a company that specializes in the development of solid state drive (SSD) processors, focusing on the integration of standard flash memory into enterprise, client, and industrial computing applications. Founded in 2006, SandForce is recognized for its innovative approach, particularly through its proprietary DuraClass technology, which enhances the reliability, performance, and energy efficiency of SSDs. This technology aims to facilitate the widespread adoption of SSDs utilizing NAND flash memory, thereby transforming data storage solutions across various sectors.

Xyratex

Acquisition in 2013
Xyratex is a prominent provider of data storage technology, specializing in modular solutions for the enterprise data storage sector as well as capital equipment for the hard disk drive (HDD) industry. The company offers a range of products, including storage enclosures, integrated application platforms, and high-performance computing (HPC) data storage systems. Xyratex was acquired by Seagate Technology PLC in 2013, enhancing its capabilities and resources within the data storage market.

Egnyte

Series D in 2013
Egnyte, Inc. is a provider of enterprise file sharing and content governance solutions, enabling organizations to securely collaborate and manage data across multiple cloud environments. Founded in 2006 and headquartered in Mountain View, California, Egnyte offers a range of products, including a Cloud File Server for online storage and collaboration, Storage Sync for bi-directional synchronization between local and cloud storage, and Storage Connect for direct access to locally stored files. With over 16,000 customers across diverse industries such as technology, finance, education, and healthcare, Egnyte focuses on enhancing data security, compliance, and productivity while reducing IT complexity and risks associated with ransomware and intellectual property theft. The company has established strategic partnerships with key technology firms and operates data centers in the United States and Western Europe.

Virident Systems

Venture Round in 2013
Virident Systems is a provider of enterprise-class solutions centered on Storage Class Memory (SCM), including flash memory, aimed at transforming the data center and cloud computing landscape. The company addresses the performance, reliability, and serviceability challenges associated with these disruptive technologies by leveraging its extensive expertise and intellectual property. Its flagship product, the tachIOn solid-state disk, offers customers a significant performance advantage, delivering 4-10 times the predictable performance over the lifespan of the product, along with enterprise-grade reliability. Founded by industry veterans from prominent technology companies, Virident Systems has cultivated a skilled team dedicated to harnessing flash and flash-like technologies for modern applications, positioning itself uniquely to address the complexities of data-intensive enterprise applications.

DensBits Technologies

Funding Round in 2012
DensBits Technologies Ltd. is a developer of advanced NAND flash-based storage system technologies, focused on enhancing performance and reliability for flash manufacturers and storage providers. Founded in 2007 and based in Haifa, Israel, the company has created the Memory Modem, a pioneering technology that integrates proprietary Error Correcting Coding (ECC) and Digital Signal Processing (DSP) solutions. This innovation significantly improves the reliability of flash memory while facilitating the development of cost-effective storage systems without sacrificing performance. DensBits offers various products, including the DB3610 eMMC controller, which supports both 2 bits/cell and 3 bits/cell flash devices. The company maintains strategic relationships with industry leaders to further advance the capabilities of flash-based storage technologies. Since December 2015, DensBits operates as a subsidiary of Broadcom Limited.

LaCie

Acquisition in 2012
LaCie is a manufacturer of storage peripherals that primarily serves photographers, videographers, audio professionals, and other power users. The company specializes in a range of products, including external storage devices, Thunderbolt and USB solutions, direct attached storage, portable storage, network attached storage, RAID systems, USB keys, and hard drives. LaCie emphasizes the combination of aesthetic design and high performance, ensuring that their products not only meet technical demands but also provide a visually appealing experience. They have a long-standing tradition of collaboration with renowned designers, resulting in innovative products that are as much works of art as they are functional storage solutions. With manufacturing sites in Oregon and France, LaCie maintains close control over product quality and support. The company also prioritizes understanding customer needs through in-house technical teams, which enhances their ability to deliver reliable and user-friendly solutions. Recognizing current trends, LaCie continues to develop multimedia-centric products while maintaining a commitment to long-term reliability and performance.

Coraid

Series C in 2011
Coraid is a provider of innovative storage solutions tailored for cloud service providers and enterprises facing rapid and unpredictable data growth. The company specializes in storage area network products that utilize Layer 2 Ethernet technology to enhance network performance and operational efficiency in dynamic, large-scale environments. Coraid's offerings include scale-out Ethernet storage technology, block-storage solutions, and networked storage appliances designed for enterprise reliability. With a modular, pay-as-you-grow architecture and user-friendly software, Coraid facilitates just-in-time scaling and adaptability, allowing organizations to address their complex storage challenges effectively. The company is committed to delivering proven support and implementation services to ensure a quick return on investment for its clients.

Aristos Logic

Series G in 2007
Aristos Logic Corporation specializes in providing RAID solutions for the data storage industry, catering specifically to original equipment manufacturers of storage systems and servers. Founded in 2000 and headquartered in Foothill Ranch, California, the company has pioneered multi-protocol RAID Storage Processor technology, offering a range of RAID storage processors and accompanying software designed for storage systems. As of September 2008, Aristos Logic operates as a subsidiary of Adaptec, Inc.

Maxtor

Acquisition in 2006
Maxtor Corporation was an American manufacturer of hard disk drives, established in 1982 by James McCoy, Jack Swartz, and Raymond Niedzwiecki. The company focused on providing storage solutions for both desktop and server markets, emphasizing disk capacity over speed in its desktop offerings. Maxtor catered to a wide range of applications, supplying hard disk drives for enterprise, consumer electronics, and desktop uses. In 2006, the company was acquired by Seagate Technology and now operates as a subsidiary, contributing to Seagate's status as a leading provider of hard drives and storage solutions.

Mirra

Acquisition in 2005
Mirra, Inc. is a privately held company based in Mountain View, California, specializing in personal digital content protection and management. The company offers the Mirra Personal Server, aimed at consumers and small office/home office (SOHO) professionals who require an efficient and cost-effective solution for safeguarding, remotely accessing, and sharing their digital files, photos, and emails. Launched in 2003, the Mirra Personal Server addresses the growing need for reliable data protection as digital content becomes increasingly valuable. With the rise of digital cameras and broadband adoption, users are seeking straightforward methods to manage their expanding digital assets. Mirra's solution eliminates the complexities often associated with data management, making it accessible to users without requiring technical expertise.

X-IO

Acquisition in 1999
X-IO is a company specializing in advanced data storage systems designed to enhance application performance and optimize cloud operations. Their flagship product, the Intelligent Storage Element, leverages two decades of expertise to deliver high-performance storage solutions that significantly accelerate transactional, reporting, and business intelligence applications. X-IO's offerings include performance-optimized storage platforms, hybrid storage arrays, and cloud infrastructure services, which collectively aim to improve productivity for desktop users and profitability for cloud businesses. The company's technology is recognized for its efficiency, with duty cycles ranging from five to seven years, and its solutions are designed to reduce IT expenditures while maintaining high data capabilities. X-IO's achievements have been acknowledged with several industry awards, highlighting its commitment to reliability and performance in the storage market.

Quinta Corporation

Acquisition in 1997
Quinta Corporation is a provider of an optical data storage technologies. It owns a magnetic recording architecture known as Optically Assisted Winchester (OAW™) technology. The technology helps in information-centric computing.

Connor Peripherals

Acquisition in 1995
Conner Peripherals is an American hardware company founded in 1985 by Finis Conner, specializing in the development and manufacturing of hard drives for personal computers. The company gained significant recognition in the industry by achieving $1.337 billion in sales within its first four years, marking it as the fastest growing manufacturing start-up in U.S. history. Conner Peripherals was a pioneer in the hard drive market, being one of the first to produce IDE specification audio/visual drives, such as the 420 megabyte AV model in the mid-1990s, and the first to create drives featuring a native 1394 Firewire interface. In addition to hard disk drives, the company also designs and markets various information solutions products and integrated systems for diverse computer storage applications.
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