Boston Herald, 11/2/15
Hub startup aims to cut firms’ data costs
Keeping data in the cloud means being able to find that photo of your dog from anywhere in the world, from any computer in seconds. But for businesses that are generating more and more data every day, those seconds — and even milliseconds — often mean companies have to build and run expensive data centers.
ClearSky Data, a Boston startup, is announcing today it has raised $27 million to solve that problem for companies, reducing a costly technical drag on their expansion.
“It’s kind of the boat anchor that is still there,” said Ellen Rubin, chief executive of ClearSky. “We have a service for those customers that replaces having to buy traditional storage arrays.”
Companies are generating more and more data, but the way to keep that data hasn’t improved, Rubin said.
“Storage has not kept up, there’s not really a great model for a storage delivery service,” she said.
One of the biggest issues is that data stored across the country can’t be accessed quickly enough for many enterprise companies’ software to run properly. Even getting data up or down the East Coast can take 20 milliseconds, which is far too long.