text: Tintri closes $25M funding round, eyes Hyper-V market year, down from previous estimates of close to 4%. He said Europe buying was especially “choppy,” but “there is an air of uncertainty that permeates the world stage right now” when it comes to spending. He said customers are showing “more caution, more scrutiny and making more decisions” around purchases.
  EMC president David Goulden added, “it’s clear things have gotten weaker over the last few months.”
  EMC reported second-quarter revenue of $5.31 billion, up 10% over last year. Its midrange storage product revenue grew 7% year over year and its high-end VMAX revenue increased 3% year over year following a 10% year-over-year drop in the first quarter. The VMAX increase came after an upgrade of the platform in May.
  Tucci said the spending slowdown means customers may delay buying storage but “you can only push off storage purchases for so long” because data growth remains high. He said he expects EMC will continue to outgrow the rest of the storage market in revenue growth. EMC has not changed its revenue forecast for 2012.
  Goulden said flash storage will play a big part of EMC’s upcoming product launches, with its “Project Thunder” and XtremIO all-flash arrays on the roadmap, and enhancements to the VFCache PCIe flash appliance planned for later this year. He said EMC would add inline deduplication, higher capacity PCIe cards, multi-level flash (MLC) and integration with Cisco UCS blade servers for VFCache, which first launched in February.
  Tucci said VMware’s $1.05 billion acquisition of software-defined networking (SDN) startup Nicira does not signal a change in the close relationship EMC and VMware had with Cisco. Tucci said there is still “a tremendous amount of opportunity” for Cisco products with VMware. He also said EMC and Cisco remain “extremely committed” to their VCE joint development arrangement.
  Goulden said the worst is over regarding hard drive shortages caused by late 2011 flooding in Thailand and prices will drop in the second half of the year, but they will still not fall to pre-flood prices. offices across a WAN to core data centers. This latest product comes days after the company secured $20 million in Series C funding, bringing its total investment to $52 million.
  The Avere FXT 3100 Edge filer contains 48 GB of DRAM and 1GB of NVRAM to accelerate read, write and metadata performance for active data. One 2U device holds 1.2 TB of data using 10,000 rpm SAS drives. The FXT 3100 has two 10 Gigabit Ethernet ports and six Gigabit Ethernet ports, and can be clustered to 25 devices. Data or changed blocks that reside in the 3100 is pushed across the WAN to the Avere core FXT 4000 or 3000 devices located in data centers.
  “This is not for local peformance,” said Rebecca Thompson, Avere’s vice president of marketing, “so there is no flash in this unit. We are dealing with WAN latency. That is what we are mitigating. This is for data outside the data center, such as engineering applications, scientific application for genomics and remote rendering for media entertainment.”
  The FXT 3100 Edge filer is built on the Avere Operating System (AOS), which does automatic tiering, advanced monitoring of the NAS environment and uses a global namespace to manage all storage as a single pool. The FXT 3100 will be available in 30 days at a list price of $42,500.
  Avere, which has about 80 employees, will be using its latest funding to build out its sales and marketing teams, CEO Ron Bianchini said. He expects to add channel partners. Lightspeed Venture Partners led the C round with previous investors Menlo Ventures, Norwest Venture Partners and Tenaya Capital contributing.
  “It’s not really about the product anymore,” Bianchini said, “It’s about getting the message out.”
  In 2009, the company secured $15 million in Series A funding from Menlo Ventures and Norwest Venture Partners. In 2010, the company got $17 million in Series B funding led by Tenaya Capital and Menlo Ventures and Norwest Venture Partners.).
  CommVault exec says Dell-Quest ‘no big deal’?.