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Text of the page (random words):
te http actifio com actifio was a privately held information technology firm headquartered in waltham massachusetts 1 the company specialised in copy data virtualisation that they claimed made information technology infrastructure more efficient by reducing unnecessary duplication of data 2 on 3 december 2020 google announced it intended to acquire actifio for an undisclosed sum the acquisition closed on 14 december 2020 3 actifio s technology subsequently became the foundation of google clouds backup and disaster recovery service technology edit actifio s marketing claimed their product reduced unnecessary duplication of application data by maintaining a single golden master copy of production data from which unlimited virtual instances could be generated on demand 4 they stated that their technology maintained data integrity while ensuring rapid access throughout the data s entire life cycle they sold on the idea that rather than deploying multiple siloed data protection applications their system provided virtualised data management reducing storage costs and improving operational efficiency 5 6 their core technology was their patented virtual data pipeline vdp which captured application data at block level in its native format managed a single physical copy and served unlimited virtual copies for instant access backup disaster recovery and test and development purposes 7 in july 2014 actifio introduced resiliency director an automated disaster recovery tool during a test conducted by sungard availability services they reported that hundreds of virtual machines were recovered in under 20 minutes 5 copy data edit copy data consists of multiple copies of the same file this data usually came in the form of multiple copies of the same data for backups test and dev plus online copies for disaster recovery actifio conducted joint research with idc to understand the copy data problem in depth 8 the report idc produced claimed that about 75 of enterprise data storage is consumed by copy data and estimated that businesses would spend roughly 44 billion on managing copy data in 2013 actifio was one of the first firms to enter the copy data management cdm market 9 and was followed by companies like rubrik and cohesity 10 history edit founding edit in july 2009 ash ashutosh founded actifio in waltham massachusetts with four employees 11 the company launched its first product in the autumn of 2011 12 in 2012 gartner recognised actifio in their cool vendor report noting that its products facilitated cloud based and off site storage without the need to build secondary data centres that same year actifio was described as the fastest growing storage startup 11 as of may 2012 approximately a quarter of the company s revenue came from europe 13 14 funding edit on 21 july 2010 actifio announced that it had secured 8 million in series a funding this round was led by north bridge venture partners and greylock partners jamie goldstein general partner at north bridge said actifio has all the ingredients for success including a hot market opportunity technological superiority and a stellar executive team that will allow actifio to deliver on the promise of data management virtualization 15 on 30 september 2010 actifio announced that it had closed on 16 million in series b funding this round of funding was led by advanced technology ventures atv with participation by north bridge venture partners and greylock partners it brought actifio s total venture capital funding to 24 million 16 in 2011 actifio received 33 million in series c funding led by andreessen horowitz this firm headed by marc andreessen and ben horowitz has also funded facebook zynga and twitter actifio had just started looking for its next round of funding when peter levine a partner at andreessen horowitz called to merely ask about actifio s location actifio closed on funding nine days later levine said he did the deal because he believes actifio will dominate a large segment of the backup and storage space north bridge venture partners greylock partners and advanced technology ventures also invested in this round of funding after completing its series c funding actifio had received a total of 57 million in venture capital 17 18 19 during actifio s 50 million series d round media reported that investors valued the company at 500 million 20 after completing its series d funding the firm had received 108 million in venture capital on 23 march 2014 actifio announced that it had raised another 100 million in series e funding from tiger global management andreessen horowitz greylock partners north bridge venture partners advanced technology ventures and technology crossover ventures that increased its implied valuation to 1 1 billion this money came in the form of primary funding with no secondary liquidity for employees or earlier shareholders 21 ashutosh said that 125 million could have been raised but that some money had been turned away 75 million closed on 14 march and the rest on 7 april after this round of funding actifio had raised 207 5 million in capital 22 in august 2018 actifio took in another 100 million 23 reverse stock split edit in october 2020 media reports claimed that actifio had implemented a reverse stock split at a ratio of 100 000 to one effectively eliminating the shareholdings of up to 1 000 current and former employees they reports that the split left actifio s common stock valued at approximately 2 3 million in aggregate despite the company having been valued at more than 1 billion by venture capitalists in 2018 and having raised 311 5 million in total funding the report quoted one former employee who had purchased vested shares for approximately 5 000 as receiving a total payout of less than one us cent actifio declined to comment on the matter 24 25 clients edit actifio clients included time warner cable boston university medical campus navisite the city of south portland unilever ibm netflix and many other organisations 26 as of october 2012 actifio had about 180 clients and its deals averaged a value of about 250 000 27 by march 2013 actifio had over 300 clients in 31 countries paying an average of 349 000 per three year contract the data under actifio management at this time was over 1 exabyte with 14 petabytes of active application data and 55 petabytes of physical storage capacity 28 as of july 2014 there were about 400 actifio clients worldwide including both large multinationals and cloud service providers 29 ibm oem edit actifio and ibm announced an oem agreement on 5 february 2019 this allowed ibm to sell an ibm branded version of actifio software as ibm infosphere virtual data pipeline vdp 30 31 32 ibm withdrew the product from marketing on 1 january 2026 33 acquisition by google edit on 3 december 2020 google announced it intended to acquire actifio for an undisclosed sum the acquisition closed on 14 december 2020 3 at the time of the acquisition actifio notified massachusetts state authorities that it was laying off 54 workers in that state the total number of redundancies in other regions where actifio had employees remained unclear 34 google integrated actifio s technology into google cloud where it became the basis for the google cloud backup and disaster recovery service the platform supports a range of enterprise workloads including sap hana oracle microsoft sql server postgresql and mysql as well as virtual machines running on vmware hyper v and google compute engine 35 legal disputes edit delphix edit on 4 october 2013 delphix filed a patent infringement lawsuit against actifio in the united states district court for the northern district of california case no 13 cv 04613 blf alleging that actifio s copy data storage products infringed five of its patents 36 actifio counter sued delphix in california asserting infringement of two of its own patents and separately filed suit against delphix in the district of massachusetts on 6 august 2014 case no 14 cv 13247 djc 37 actifio also filed petitions for inter partes review ipr of nearly all claims of all five delphix patents before the patent trial and appeal board ptab on 12 may 2016 the ptab invalidated a delphix patent covering storage and database virtualisation techniques in an america invents act review finding that actifio had demonstrated the challenged claims to be unpatentable 38 rubrik edit on 30 june 2020 actifio filed a patent infringement lawsuit against rubrik in federal court in delaware alleging that rubrik s brik appliances and cloud data management software infringed four actifio patents relating to copy data management technologies u s patents 6 732 244 6 959 369 9 495 435 and 10 013 313 actifio sought injunctive relief and monetary damages 39 40 rubrik disputed the claims and stated its intention to defend the lawsuit vigorously ash ashutosh edit actifio was founded by ash ashutosh who had previously served as vice president and chief technologist at hp s storageworks division a position he took after hp acquired another of his startups appiq in 2005 41 ashutosh holds a b tech in electronics and instrumentation engineering from the kakatiya institute of technology science and a master s degree in computer science from penn state university 42 after working for lsi and intergraph he joined storagenetworks later he founded serano systems a fiber channel controller manufacturer that he sold to vitesse semiconductor 43 his next venture was appiq which was acquired by hp in 2005 44 45 after leaving hp in 2008 ashutosh became a venture capitalist at greylock partners where he was an investor in information technology companies and ultimately founded actifio 46 11 he left greylock in 2009 to focus full time on actifio serving as its president and ceo 11 as of 2013 ashutosh was an entrepreneur in residence at harvard business school he also lectured at the massachusetts institute of technology 47 in 2013 ashutosh was named ey entrepreneur of the year for new england by ernst young 48 following the google acquisition ashutosh led global solution sales for cloud data products at google before being appointed chief executive officer of pinecone a vector database company in september 2025 49 references edit the perks of waltham boston com january 4 2013 archived from the original on january 6 2013 actifio 6 0 copy data storage platform announced storagereview com august 19 2013 1 2 kovar joseph f 2020 12 02 google to acquire actifio to beef up google cloud data protection crn retrieved 2020 12 02 the economics of copy data computerworlduk archived from the original on 3 november 2016 retrieved 1 november 2016 1 2 kiss my draas actifio reckons its virty gear will shrink your storage the register actifio launches no backup data file system eweek retrieved 1 november 2016 patents assigned to actifio inc justia patents search patents justia com retrieved 2026 04 04 idc analysts the economics of copy data computerworlduk archived from the original on 2015 02 25 peter cohan 30 june 2014 actifio is eating emc s lunch in 44 billion market forbes evans chris 2019 01 17 the 2 billion gamble on data management architecting it retrieved 2026 04 04 1 2 3 4 peter cohan 8 october 2012 500 growth makes actifio history s swiftest storage start up forbes actifio launches no backup data file system eweek october 4 2011 eyeing an ipo waltham s actifio takes aim at emc the boston globe august 19 2013 actifio helps push the easy button for data management boston business journal retrieved 31 october 2016 actifio secures 8 million in series a funding to address market demand for dynamic data management virtualization actifio actifio archived from the original on 2013 03 13 retrieved 2026 04 04 actifio closes 16 million in series b round of financing to address global demand for dynamic data management virtualization actifio actifio archived from the original on 2013 03 13 retrieved 2026 04 04 actifio moves out of start up phase with 33m vc round boston business journal retrieved 31 october 2016 with 1 5b to invest will andreessen horowitz become a regular in boston boston business journal retrieved 31 october 2016 silicon valley s andreessen horowitz keeps its eye on boston tech boston business journal retrieved 31 october 2016 enterprise sector keeps booming as actifio scores 500m valuation the wall street journal march 6 2013 dan primack 24 march 2014 4 things to know about actifio fortune deborah gage 24 march 2014 actifio joins 1 billion valuation club with 100m investment wsj griffith erin 14 august 2018 100 million was once big money for a start up now it s common the new york times exclusive actifio squashes employee shareholders like cockroaches blocks and files 12 october 2020 actifio reverse stock split signals ipo plans blocks and files 8 october 2020 actifio boosts storage efficiency capacity dark reading 6 december 2012 fast growing actifio to move into 3x larger waltham hq boston business journal archived from the original on 2012 10 14 hopkinton s emc taking hits from waltham startup telegram com gartner cool vendors 2012 gartner inc archived from the original on july 22 2013 actifio actifio announces oem agreement with ibm to help accelerate application modernization in a multicloud data ai world www prnewswire com press release retrieved 2021 04 19 ibm vdp actifio archived from the original on 2019 11 20 retrieved 2021 04 19 ibm partners with actifio on infosphere virtual data pipeline devopsdigest www devopsdigest com retrieved 2021 04 19 infosphere virtual data pipeline_8 1 x www ibm com 2026 01 08 retrieved 2026 04 04 rosen y december 15 2020 actifio tech firm being purchased by google to lay off 54 workers the boston globe bostonglobe com retrieved 2020 12 20 google enters agreement to acquire actifio google cloud blog december 2 2020 delphix corp v actifio inc case no 13 cv 04613 blf casemine actifio inc v delphix corp studicata actifio wipes out delphix database patent in aia review law360 12 may 2016 actifio initiates patent infringement litigation against rubrik press release actifio via pr newswire 30 june 2020 actifio sues rubrik for patent infringement techtarget 8 july 2020 ash ashutosh fires up another storage startup the register 6 july 2009 pinecone names ash ashutosh as ceo venturebeat 2025 scott denne 26 december 2012 selling abroad from the get go wsj the data mind the new indian express archived from the original on february 25 2015 a secret storage start up actifio storage newsletter retrieved 13 october 2016 incubating a fat startup at greylock ash ashutosh ceo of actifio part 4 sramana mitra s one million by one million blog june 9 2013 the man who wiped 56bn off the storage industry microscopeuk the ey entrepreneur of the year new england archived from the original on 2012 06 25 retrieved 2014 12 01 pinecone founder edo liberty moves from ceo to chief scientist names googler ash ashutosh as leader venturebeat 8 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