19 Financial Rounds for Storage Start-Ups at Mid-Year 2022

Since January 2022, storage start-ups accumulated a total of 19 financial rounds for a total raised reaching $837.2 million or an average $44.1 million.

Total accumulated investment for all these companies (excluding Beemo) since their inception is $1,827.3 or an average of $101.5 million.

By country, companies getting financial funding in 2022 came for the vast majority from USA (12), then France (3), Israel (2), UK (1) and Estonia (1).

All financial rounds at mid- year 2022
* $million

Start-up	Born in	CEO	Raised in 2022*	Total raised*	Business
Aleph.im (Paris, France)	2019	Jonathan Schemoul	10	10	Cross-blockchain decentralized storage and computing network
Beemo Technnologies (Montpellier, France)	2009	Gabriel Biberian	4		Protection of data and backup
Bundlr Network (London, UK)	2021	Josh Benaron	5.2	5.2	Building way to store data on web3
Dassana (San Jose, CA)	2022	Gaurav Kumar	5	5	Cloud Log Lake separates storage and compute for cost savings
Dremio (Santa Clara, CA)	2015	Billy Bosworth	160	421.5	Data lake storage cloud software
GRAID Technology (Santa Clara, CA)	2020	Leander Yu	15	18	NVMe and NVMeoF RAID card
Hive (Cannes, France)	2022	John Furneaux	7.5	7.5	Distributed storage and computing platform
HYCU (Boston, MA)	2018	Simon Taylor	53	140.5	Backup-as-a-service; also known as Comtrade Software
LightBits Labs (Kfar Saba, Israel)	2016	Eran Kirzner	45	138.2	NVMe/TCP solution; also in San Jose, CA
LucidLink (San Francisco, CA)	2016	Peter Thompson	20	40	Cloud backed distributed file service
Minio (Palo Alto, CA)	2014	Anand Babu Periasamy	103	123.3	Multi-cloud object storage suite
Nasuni (Boston, MA)	2009	Paul Flanagan	60	247	Secure cloud storage; founded by former executives of Archivas
Object First (Irving, TX)	2022	David Bennett	12.5	12.5	Ransomware-proof backups for Veeam customers, founded by former Veeam executives
Panzura (Campbell, CA)	2008	Jill Stelfox	80	118	Cloud as-a-storage tier integrated into interwoven global file system and global namespace; acquired by VC Profile Capital Management in 2020
Pavilion Data Systems (San Jose, CA)	2014	Dario Zamarian	45	107	Processor agnostic storage in PCIe-based shared storage environment; data analytics acceleration platform
PlIO/s (Ramat Gan, Israel)	2017	Uri Beitler	65	115	NAND storage processor
Storadera (Tallinn, Estonia)	2019	Tommi Kannisto	1	1.7	Cloud storage provider
Virtana (San Jose, CA)	2008	Kash Shaikh	73	158	Virtual infrastructure optimization solutions; spin-out from Finisar; merged with Load Dynamix in 2016 with new $20 million investment; formerly Virtual Instruments
Weka (San Jose, CA)	2014	Liran Zvibel	73	158.9	SDS scales storage to hundreds of petabytes, tens of millions of IO/s, sub milliseconds latency; also engineering in Tel Aviv, Israel