Click here to close now.

Welcome!

Eclipse Authors: Sematext Blog, Marcin Warpechowski, Trevor Parsons, Michael Meiner, Carmen Gonzalez

News Feed Item

DreamHost Says "Well Done, Son" to Inktank on Acquisition by Red Hat

Open Source Storage Baby Grows Up, Could Probably Beat Up Dad

LOS ANGELES, CA -- (Marketwired) -- 04/30/14 -- DreamHost®, a global leader in web hosting and cloud services for entrepreneurs and developers, today announced its heartfelt congratulations and virtual high-fives all around to the Inktank team on their acquisition by Red Hat for $190MM in deal consideration and retention payments ("that's a whole lotta calamari").

With an ending as happy as this, we just have to tell you the story, so bear with us.

Early work on Ceph, the open source object, block and file storage software, began in 2004 in the verdant hills of UC Santa Cruz as part of the Storage Systems Research Laboratory under sponsorship by the U.S. Department of Energy. DreamHost co-founder Sage Weil was part of the research team that built the first working prototype of the Ceph distributed file system as part of his Ph.D. work on distributed systems with his advisor Scott Brandt.

After a studious Ph.D. and contributions by many a CompSci student, lecturer, and luminary, Sage graduated in 2007 and continued work on Ceph with a small team of engineers at DreamHost, nurtured by admins who long-imagined a world freed from monolithic and proprietary storage systems. Their big dream was to change the world by engineering an open source (now called "software-defined") storage system that would be capable of storing petabytes of data on any old set of servers, and be just as resilient, reliable, and performant as the big expensive options.

In 2010, many important Ceph bits were accepted into the Linux kernel, providing users with native block and file clients. Ceph was blossoming to fill a need faced by many cloud infrastructure and web scale companies -- a need for speedy, reliable, resilient data storage across many thousands of servers where hardware failures are an accepted fact of life.

By 2011 the project had matured, with research institutions, enterprises and service providers of all sizes testing Ceph. Out of this momentum came Inktank, born as a new open source company to expand the development of Ceph and to evangelize, support and provide professional services for the burgeoning distributed storage system. Bryan Bogensberger, a senior executive at DreamHost at the time, developed the business plan for spinning out Inktank, serving as the company's first President/COO and then as its CEO beginning in 2013. Simon Anderson, CEO of DreamHost, co-founded Inktank along with Sage and Bryan and became Chair of the Board. Simon also led the structuring of the spinoff and the initial $5MM of startup capital from DreamHost. Additional capital later came from other private and strategic investors, taking Inktank's total funding raised to $13MM.

Sage, Bryan and Simon worked closely together in the early days with a growing team to develop the early company strategy, define early product definitions, and create the new branding. Alongside a talented management team, Bryan and Sage went about building a powerhouse organization full of skilled engineers and business team leaders dedicated to leveling the playing field and CRUSHing the competition in software-defined storage.

DreamHost was Inktank's first customer, signing on for enterprise subscription services to support DreamHost's object storage service, DreamObjects (which is, of course, powered by Ceph). DreamObjects was also the world's first and largest public commercial deployment of Ceph when it went into beta in September 2013 and was released into GA in January 2013. Over ten thousand users have signed on as DreamObjects customers since its launch, and their usage levels continue to grow as more and more users realize the power of storing application data and personal backups in the cloud at industry-leading price points.

Ceph has quickly risen to become the open source storage platform of choice for both public and private clouds, and it is quickly gaining popularity among users of the OpenStack framework. According to the OpenStack Foundation, approximately 20% of all OpenStack clouds deploy Ceph for block storage. DreamHost is a major contributor to the OpenStack project and a gold member of the OpenStack Foundation.

"It's awesome to see Sage's vision to create the most disruptive open source storage software recognized through this high profile acquisition by Red Hat," commented Simon. "The whole team here at DreamHost are very proud to have played a role in nurturing Ceph, supporting the Inktank team, and making a gutsy bet with our initial investment. We'll continue to be founding fans as the dramatic adoption of Ceph continues."

"The entire Inktank team would like to thank everyone at DreamHost for their tremendous support," said Bryan. "Without DreamHost's many years of Ceph incubation, months of hardcore testing and being the early adopter, Inktank's tremendous outcome would not have been possible."

"Finally! I am so pleased to be able to stop reading legal documents and get back to writing code," said Sage. "I am grateful to the DreamHost family for the supportive role they have played. This acquisition is a big step forward in bringing resources to bear in making Ceph into an even better storage platform. We are very excited about the future."

The acquisition of Inktank is expected to close on April 30, 2014. Credit Suisse acted as exclusive financial advisor to Inktank, and Cooley LLP served as legal counsel.

About DreamHost

DreamHost is a global Web hosting and cloud services company with over 370,000 entrepreneur and developer customers, and 1.3 million blogs, websites, and apps hosted. The Company develops and uses Open Source software throughout its infrastructure, and is a leading proponent of OpenStack and Ceph. DreamHost offers a wide spectrum of Web services including Shared Hosting, Virtual Private Servers (VPS), Dedicated Server Hosting, Domain Name Registration, the public cloud storage service, DreamObjects, and the public cloud computing service, DreamCompute. Please visit www.DreamHost.com for more information.

About Inktank

Inktank® is transforming storage with Ceph®, the massively scalable, open source, software-defined storage system that radically improves the economics and management of data management. Launched by leading Ceph developers, Inktank's mission is to help enterprises use Ceph to break free of expensive and proprietary storage systems to decrease their storage costs, increase their operational flexibility, and effectively manage their rapidly growing data. Inktank Ceph Enterprise™ is the market's first enterprise-grade, dedicated Ceph product offering that delivers everything needed to confidently run a production Ceph storage cluster at scale. In addition, Inktank provides best-in-class professional services and Ceph training. Please visit www.inktank.com for more information, or follow us on Twitter at @inktank.

About Ceph
Ceph®, The Future of Storage™, is a massively scalable, open source, software-defined storage system that runs on commodity hardware. Ceph has been developed from the ground up to deliver object, block, and file system storage in one self-managing, self-healing platform with no single point of failure. With its highly scalable, software-defined storage architecture, Ceph is an ideal replacement for legacy storage systems and provides a unified solution for cloud computing environments. Ceph is the foundation of Inktank Ceph Enterprise™ and the brainchild of Inktank® founder and CTO Sage Weil.

© 2014 DreamHost, LLC. All Rights Reserved.
All trademarks are the property of their respective owners.

Press Contacts
Kyle Peterson
Clement Peterson
Email Contact

Brett Dunst
DreamHost
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, deploy, and manage applications integrating voice, video and data. He is the co-founder of TeleStax, a...
When it comes to the Internet of Things, hooking up will get you only so far. If you want customers to commit, you need to go beyond simply connecting products. You need to use the devices themselves to transform how you engage with every customer and how you manage the entire product lifecycle. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, will show how “product relationship management” can help you leverage your connected devices and the data they generate about customer usage and product performance to deliver extremely compelling and reliabl...
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focused on understanding how industrial data can create intelligence for industrial operations. Imagine ...
Operational Hadoop and the Lambda Architecture for Streaming Data Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, representing a model of how to analyze rea...
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - is now accepting submissions to demo smart cars on the Expo Floor. Smart car sponsorship benefits include general brand exposure and increasing engagement with the developer ecosystem.
SYS-CON Events announced today that Vitria Technology, Inc. will exhibit at SYS-CON’s @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Vitria will showcase the company’s new IoT Analytics Platform through live demonstrations at booth #330. Vitria’s IoT Analytics Platform, fully integrated and powered by an operational intelligence engine, enables customers to rapidly build and operationalize advanced analytics to deliver timely business outcomes for use cases across the industrial, enterprise, and consumer segments.
When it comes to the Internet of Things, hooking up will get you only so far. If you want customers to commit, you need to go beyond simply connecting products. You need to use the devices themselves to transform how you engage with every customer and how you manage the entire product lifecycle. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, will show how “product relationship management” can help you leverage your connected devices and the data they generate about customer usage and product performance to deliver extremely compelling and reliabl...
SYS-CON Events announced today that SoftLayer, an IBM company, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015 at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place November 3–5, 2015 at the Santa Clara Convention Center in Santa Clara, CA. SoftLayer operates a global cloud infrastructure platform built for Internet scale. With a global footprint of data centers and network points of presence, SoftLayer provides infrastructure as a service to leading-edge customers ranging from ...
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @ThingsExpo, Michael Sick, a Senior Manager and Big Data Architect within Ernst and Young's Financial Servi...
SYS-CON Events announced today that Open Data Centers (ODC), a carrier-neutral colocation provider, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Open Data Centers is a carrier-neutral data center operator in New Jersey and New York City offering alternative connectivity options for carriers, service providers and enterprise customers.
The IoT market is projected to be $1.9 trillion tidal wave that’s bigger than the combined market for smartphones, tablets and PCs. While IoT is widely discussed, what not being talked about are the monetization opportunities that are created from ubiquitous connectivity and the ensuing avalanche of data. While we cannot foresee every service that the IoT will enable, we should future-proof operations by preparing to monetize them with extremely agile systems.
There’s Big Data, then there’s really Big Data from the Internet of Things. IoT is evolving to include many data possibilities like new types of event, log and network data. The volumes are enormous, generating tens of billions of logs per day, which raise data challenges. Early IoT deployments are relying heavily on both the cloud and managed service providers to navigate these challenges. Learn about IoT, Big Data and deployments processing massive data volumes from wearables, utilities and other machines.
SYS-CON Events announced today that CodeFutures, a leading supplier of database performance tools, has been named a “Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. CodeFutures is an independent software vendor focused on providing tools that deliver database performance tools that increase productivity during database development and increase database performance and scalability during production.
The explosion of connected devices / sensors is creating an ever-expanding set of new and valuable data. In parallel the emerging capability of Big Data technologies to store, access, analyze, and react to this data is producing changes in business models under the umbrella of the Internet of Things (IoT). In particular within the Insurance industry, IoT appears positioned to enable deep changes by altering relationships between insurers, distributors, and the insured. In his session at @ThingsExpo, Michael Sick, a Senior Manager and Big Data Architect within Ernst and Young's Financial Servi...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com), moderated by Ashar Baig, Research Director, Cloud, at Gigaom Research, Nate Gordon, Director of T...
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Intelligent Systems Services will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Established in 1994, Intelligent Systems Services Inc. is located near Washington, DC, with representatives and partners nationwide. ISS’s well-established track record is based on the continuous pursuit of excellence in designing, implementing and supporting nationwide clients’ mission-critical systems. ISS has completed many successful projects in Healthcare, Commercial, Manufacturing, ...
PubNub on Monday has announced that it is partnering with IBM to bring its sophisticated real-time data streaming and messaging capabilities to Bluemix, IBM’s cloud development platform. “Today’s app and connected devices require an always-on connection, but building a secure, scalable solution from the ground up is time consuming, resource intensive, and error-prone,” said Todd Greene, CEO of PubNub. “PubNub enables web, mobile and IoT developers building apps on IBM Bluemix to quickly add scalable realtime functionality with minimal effort and cost.”
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
For years, we’ve relied too heavily on individual network functions or simplistic cloud controllers. However, they are no longer enough for today’s modern cloud data center. Businesses need a comprehensive platform architecture in order to deliver a complete networking suite for IoT environment based on OpenStack. In his session at @ThingsExpo, Dhiraj Sehgal from PLUMgrid will discuss what a holistic networking solution should really entail, and how to build a complete platform that is scalable, secure, agile and automated.