StorONE Set to Disrupt the Storage Market by Completely Redefining Economics with New Enterprise Class Storage that is Less than $0.01 per GB

NEW YORK, Oct. 26, 2017 /PRNewswire/ -- With a focus on achieving maximum results with minimum resources, and centered on software algorithms rather than hardware engineering, storage software company StorONE emerges from stealth mode today. With a groundbreaking storage solution that costs less than $0.01 per GB, StorONE is set to disrupt the storage industry by bringing enterprise class storage to the market with what other vendors only promise.

Unlike other startup storage companies that release products in as little as two years after launching, StorONE is a revolutionary technology company first and foremost and was built with the customer at the forefront by thinking about results. The StorONE product was built over a six-year period with massive research and is covered by more than 50 awarded and pending patents with a goal of completely changing the storage landscape by innovating from the ground up vs the industry standard of building on legacy software. The result is a company that has solved the most problematic storage challenges while other vendors address issues by simply adding more hardware, complexity, and cost.

StorONE's highly-seasoned executive team has impacted the storage and networking markets with products that are highly regarded and being used in production by some of the largest companies in the world.

The company is led by proven, serial entrepreneurs and pioneers in technology. Co-founder and CEO Gal Naor was the founder and CEO of Storwize, the real-time compression market leader that was acquired by IBM in 2010 and is now IBM's key embedded storage technology.  Co-founder and CTO Raz Gordon is a leading technology innovator and developer of the core algorithms at Galileo, the first to introduce single-chip, full wire speed Ethernet switching devices.

"Storage is a commodity," said Naor. "A block is a block.  A file is a file.  An object is an object.  There are no significant differences in the SSDs or HDDs in all storage systems.  Some are faster.  Some are bigger.  All are commodity. The final bottleneck has now become the storage software stack.  It requires way too many hardware resources to deliver what applications and users require for performance, capacity and features.  That incredible inefficiency makes the storage commodity overpriced per IOPS, throughput and capacity. This is the problem that StorONE eradicates."

StorONE is funded by institutional technology firms such as Seagate and venture capital firms GIZA and JGV, as well as private investors, and top technology industry luminaries, such as Microsoft's Chairman John Thompson and former President of Sun Microsystems and CEO of Motorola, Edward Zander.

Companies looking to resolve those issues can sign up today for the company's Early Adopter Program at: www.storone.com

StorONE is headquartered in New York with offices in Dallas, Houston, Israel and Singapore.  Additional information about StorONE is available at http://www.storone.com as well as information on the company's early adopter program.

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SOURCE StorONE

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