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Mike Wall CEO, Amplidata

Belgium start-up got additional $6 million in funding.

Amplidata has named storage industry veteran Mike Wall as its new CEO.   

Wall has been Amplidata’s chairman since April 2012, and replaces founder Wim De Wispelaere who becomes CTO.  

mike_wall_amplidata Wall, formerly president and CEO of Atempo, was a founding member of the management team that developed Intel Corporation‘s storage division. He brings over 30 years of enterprise IT industry leadership to the opportunity of propelling Amplidata’s growth during this renaissance in enterprise IT as CIOs reinvent their data centres for higher performance at lower cost.
 
Amplidata also announced that it received $6 million in additional funding, including funding from new investor Quantum Corp., as well as participation from all previous investors. Quantum, one of its OEM partners, is integrating Amplidata’s object storage technology into a family of big data management and tiered storage solutions. Other venture capital investors in this round are Intel Capital, Swisscom Ventures, Hummingbird Ventures and Endeavour Vision. Today’s funding reflects a total $20 million invested in Amplidata to date.
 
Amplidata is answering the big unstructured data opportunity by enabling organisations to monetise their large, mostly inactive data stores. With its Rateless Erasure Coding technology, Amplidata uses ‘heavy math’ to provide petabyte-scale storage infrastructures that meet the HA and performance requirements at the lowest cost. Amplidata’s N-way protection allows 100% data accessibility over the extended content lifecycle even when disks fail or entire sites go down. Its systems reduce the chance for data loss to less than one in 15-9s – that’s 99.9999999999999% data durability.

"There’s enormous opportunity for Amplidata as we enter the post-RAID era," said Mike Wall, CEO of Amplidata. "I’ve never seen a technology that has so singularly impressed everyone who tests it.  We’re challenging the status quo of traditional data storage infrastructures and making possible what was previously impossible for big unstructured data applications. Backed by fresh funding and an invigorated team, we’re the name to watch in the object storage sector."

Comments

Two remarks:

  • Since its inception in 2008, Amplidata stated here that it got $20 million but formerly officially announced two rounds before (see below), for now a total of more than $24 million. Few millions are missing.
  • Mike Wall was hired as CEO of Atempo to sell the company. He did it as it was acquired by ASG Software Solutions in 2011. Is he going to succeed with the same operation for Amplidata?

    Updated September 14, 2012:
    "After reading your article I wanted to point out one thing, namely that Mike Wall was not hired to 'flip' the company. As he said to the team when he first joined the Board 'Amplidata is a diamond in the rough which we will polish into a very valuable gem.' His decision to become our CEO only validates his view," email us Tom Leyden, director of Alliances and Marketing, Amplidata


Read also:
Belgium Amplidata Closes $8 Million in Financial Funding
After $8.5 million in two rounds in 2010
Amplidata Closes $6 Million in Second Funding Round
Belgium start-up with technology to replace disk arrays
Amplidata Closes €2.5 Million Series A Funding
Belgium start-up with technology to replace RAID

Mike Wall Executive Chairman, Amplidata
Former president and CEO of Atempo

 

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