With the volume, velocity, and variety of data produced by enterprises growing at 42 percent year over year, the world’s data storage capacity will exceed 175 zettabytes by 2025. Management of that data using traditional methods is expensive, slow, and heavily regulated. Furthermore, much of that data (57 percent) now sits outside of the data center.
Data is the lifeblood of modern businesses but mobilizing it is far from easy. Companies have to go through a lot of steps just to make sure they are getting the most (if not all) out of the information coming in from different sources. Now, as the volume of this information grows multifold, Seattle-based Expanso is…
Expanso secures $7.5M for it’s open-source software Bacalhau, advancing edge data processing for enterprises, backed by General Catalyst & Hetz Ventures.
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