"It's a way-cool concept," burbles Steve Duplessie, senior analyst at Enterprise Storage Group Inc., who says FilesX's strategy of going after Exchange is a good idea. "It's good because everybody has it, and everybody has problems with it."
Gartner's Paquet concurs but points out that the company has no references yet, so it's impossible to know if the technology actually works: "It's great if the thing works and they're able to sell it... but that's a big if."
FilesX says eight beta customers have been testing the product for the past six months, although some of these are in "more academic" environments (i.e., nonpaying customers).
The startup says the new investment will mainly go to marketing and sales efforts. The company currently has 25 employees, based in either Massachusetts or Israel, about 18 of whom are working on research and development, Herbst says.
Meanwhile, another Israeli startup, Actona, is planning to use its additional financing to launch the third version of its file-caching software. The company, which has been shipping its distributed file system since the end of 2001, said yesterday that it has added another $4 million to its Series B funding round, bringing the round to $11 million in all. The company closed the first portion of the round in March 2002; investors include Sequoia Capital, Evergreen Venture Capital, and Fantine Group.
To realize the benefits of cloud-native software, an application must actually be cloud-native—designed to run in the cloud, interacting with disaggregated cloud services, fully manageable as code—to deliver the expected benefits.
By combining resources and expertise, the AI-Enabled ICT Workforce Consortium will offer a blueprint for how industries can adapt to an AI-dominated future.
IT leaders should heed the guidance of cybersecurity insurance providers who think businesses should prioritize security education, incident preparedness, regular internal audits, and ongoing vulnerability scanning and patching.
