Nasuni aims cloud NAS at remote work, battles NetApp, Isilon

Victoria D. Doty

In the wake of an previous rival’s acquisition by a personal fairness agency, cloud NAS vendor Nasuni right now upgraded its system for remote employees and secured $forty million in funding.

Nasuni UniFS eight.eight upgraded ransomware defense, improved monitoring and general public cloud support for remote function, and improved the performance and scale of file migration.

Nasuni also lifted $twenty five million in fairness funding and secured a $fifteen million credit rating facility from Silicon Valley Financial institution to fund acquisitions and other strategic jobs.

The product upgrade and funding follows the May possibly acquisition of Panzura, which sprung up the identical time as Nasuni close to a ten years ago. At the begin, Nasuni and Panzura offered cloud gateways enabling organizations to go documents to general public cloud object storage — mainly for file sharing and collaboration. Both of those vendors’ cloud NAS products evolved around the yrs. Now they face improved level of competition from key info heart storage sellers that can run their file programs in general public clouds and general public cloud sellers that promote on-premises storage.

Nasuni founder and CTO Andres Rodriguez reported Nasuni’s gain is it was designed for the cloud, whilst competition either tier on-premises info to the cloud (Qumulo, Cohesity, Rubrik), raise and change on-premises documents to the cloud (Dell EMC Isilon, NetApp) or are single-cloud companies with no advanced file-sharing abilities (AWS, Azure).

Nasuni founder Andres RodriguezAndres Rodriguez

“This struggle will be fought and received in the cloud,” Rodriguez reported. “We can run our file method natively in cloud object storage.”

Nasuni’s cloud-primarily based file method allows organizations deal with documents across clouds with a single namespace. Nasuni’s file method runs in AWS or Azure. Its on-premises and edge appliances cache unstructured info and go a lot less regularly accessed documents to general public cloud object storage. The vendor claims far more than 500 buyers. Nasuni’s SaaS subscriptions are primarily based on useable ability, with most info saved on AWS or Microsoft Azure.

Updates to UniFS eight.eight address difficulties that can assistance organizations deal with the COVID-19 pandemic, particularly their remote employees. Nasuni additional ongoing file versioning to assistance secure from ransomware. In its place of having to get well good documents from backup pursuing a ransomware assault, Nasuni allows buyers to roll again immediately from snapshots to the past good version, anywhere it resides.

Nasuni also additional Cloud File Expert services for Microsoft Home windows Digital Desktop, and support for Azure Ultra Disk and Top quality SSD tiers for higher performance for file storage on Azure. Nasuni also now supports AWS Snowball Edge equipment and a lot quicker migration to general public clouds. Nasuni claims it now can go 100 TB of file info to the cloud within just thirty times.

Appears to be like for various exit route than Panzura

Profile Money Administration did not disclose its purchase price for cloud NAS rival Panzura, but two sources acquainted with the deal described it as a “hearth sale.” Nasuni executives say they are not wanting to get obtained. In its place, they intend to go general public in late 2021 or early 2022. Nasuni has lifted $169 million in funding, including $100 million since 2017, but Rodriguez reported the vendor has scarcely tapped into the $twenty five million it lifted in February 2019.

He reported preceding and new investors ponied up now since COVID-19 has spurred cloud storage adoption, and Nasuni took the funding partly in case COVID-19 has a destructive impression on upcoming funding. According to Crunchbase, the $29.eight billion in identified investments to North American startups in the 2nd quarter declined 18{394cb916d3e8c50723a7ff83328825b5c7d74cb046532de54bc18278d633572f} from past yr and twelve{394cb916d3e8c50723a7ff83328825b5c7d74cb046532de54bc18278d633572f} from the 1st quarter of 2020.

The new funding arrives from new investors Household Places of work, Enterprise Money and Corporate Enterprise, along with preceding investors, including Goldman Sachs, Telstra Ventures and North Bridge Enterprise Companions.

Nasuni also not too long ago additional two longtime storage executives to its board — previous Veeam co-CEO Peter McKay and previous NetApp product govt Joel Reich.

Growth troubles

But can Nasuni thrive in the face of intensive level of competition? To grow to be a general public enterprise, it will have to mature by fighting off conventional NAS storage giants.

Amita Potnis, a investigation director at IDC, reported the “bidirectional movement” of on-premises sellers into cloud and general public cloud sellers into file storage offers a challenge for Nasuni. But she reported Nasuni’s sturdy partnerships with AWS and Azure assistance, as does its early go from a gateway to file method system.

“I would say Nasuni is very well-positioned from the other competition they went up from for a long time, mainly Panzura and Ctera,” she reported. “They pivoted previously from a cloud gateway to world-wide file method for the general public cloud, and had a good eyesight for in which they needed to get the product.

Now Nasuni will have to keep on best by adding far more innovation — richer reporting and auditing, for example. That will be critical.
Amita PotnisResearch director, IDC

“Now Nasuni will have to keep on best by adding far more innovation — richer reporting and auditing, for example. That will be critical since the on-prem storage companies have even larger mindshare and market place share and will catch up.”

Marc Staimer, president of Dragon Slayer Consulting, reported the vendor has nonetheless to “convert the corner” to profitability immediately after eleven yrs.

He does give Nasuni credit rating for adding excess levels of ransomware defense in its new launch and continuing to evolve, though.

“Nasuni’s not money-stream favourable, but it can be showing advancement,” Staimer reported. “They have been close to for a longer period than [general public flash storage vendor] Pure Storage. Nasuni started as a gateway and morphed into a storage providers enterprise.

“Defense of documents for ransomware has value,” Staimer additional. “You preserve previous versions, if info will get encrypted, you have a version you can go to. It won’t secure from assault loops or admin privileges staying changed, but the far more levels of defense you have, the far more complicated it is for ransomware to goal you.”

Rodriguez reported Nasuni changed around the yrs to evolve with the way buyers employed the cloud.

“When we started, the challenge was not a whole lot of folks were being ready to use general public cloud storage,” he reported. “So, we had to uncover use conditions that were being so unpleasant and demanding that folks would make the change. But now it can be a various market place and all people is heading to the cloud. So, we were being in collaboration for a whilst, and now we’re general-goal NAS. And folks have ultimately occur to their senses and are sending their whole infrastructure stack into the general public cloud.”

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