Friday, September 11, 2009DataDirect Packs 1.2 Petabytes Into One RackChatsworth-based DataDirect Networks, a developer of storage systems, is pushing the limits of density for storage systems, saying earlier this week that it rolled out a new system which packs 1.2 petabytes of disk capacity into a single rack. The high density storage system is leveraging 2 terabyte, SATA hard drives to reach the new density level. The firm's system houses 60 drives in a 4U enclosure, with multiple enclosures in a rack. The firm said its S2A9900, S2A9700, and SFA10000 systems no (More info...)
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Celladon Gains $21.8MLa Jolla-based Celladon, a developer of treatments for heart failure and other cardiovascular diseases, has raised $21.8M out of a $24.6M funding round, according to a filing from the firm today. Details on the new funding round were not disclosed by the company. The firm now lists Enterprise Partners, Venrock, and Johnson & Johnson Development Corporation as investors in the company.
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RoyaltyShare Signs Canadian Record LabelSan Diego-based RoyaltyShare, a provider of royalty tracking for online music sales, reported earlier this week that it has signed on Nettwerk Music Group, a Canadian record label and artist management company, as a customer. No financial details of the win were disclosed. RoyaltyShare said that Nettwerk Music will use the firm to manage its digital sales, processing, and tracking mechanical and artist royalties. RoyaltyShare added support for Canada's mechanical royalties system earlier this mo (More info...)
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