Company:Violin Memory

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Short description: American computer storage company
VIOLIN systems
TypePrivate
Founded2005; 19 years ago (2005)[1]
Headquarters
San Jose, California
,
United States
Key people
CEO: Mark Lewis, COO: Todd Oseth, CMO: Gary Lyng, SVP Worldwide Field Operations
OwnerQuantum Group of Funds
Websiteviolinsystems.com

Violin Systems is a private American company based in Silicon Valley, California , that designs and manufactures computer data storage products.

Corporate history

The company was founded in 2005 as Violin Technologies by Donpaul Stephens and Jon Bennett in Iselin, New Jersey.[citation needed] Series A financing valued over $10 million was raised in 2010. Two more rounds of financing in 2011 raised an additional $75 million. Corporate investors included Juniper Networks and Toshiba America Electronic Components (TAEC). It was based in Mountain View, California around this time.

Series D financing of $80 million in March 2012 was led by SAP Ventures (arm of SAP AG), and included Highland Capital, GSV and others. The reported valuation was over $800 million.[2][3]

Violin Memory's initial public offering in September 2013, raised $162 million at a price of $9 a share.[4] Its stock price dropped to $2 a share after its largest partner, Hewlett Packard, became a competitor and due to concerns of how quickly it was spending money.[4] The company experienced losses of $34 million the following year and the board called for the resignation of the CEO.[5] Additionally, five shareholder lawsuits were filed against the company, alleging it did not disclose the financial impact expected from a federal shutdown.[4] In December 2013, the company terminated CEO Basile,[6] replacing him with Kevin DeNuccio in February 2014.[7]

The New York Stock Exchange de-listed Violin Memory shares in October 2016 because its market capitalization had fallen below $15 million.[8] A few days later, it changed to be traded on the OTC Markets Group exchange OTCQX, using the same VMEM symbol.[9] In November 2016, it was valued at $3.7 million.[7] On December 14, 2016, Violin Memory filed for Chapter 11 Federal Bankruptcy protection.[10]

On April 24, 2017, Violin announced in a press release that they had emerged from bankruptcy, and had been purchased by Quantum Partners LP, a private investment fund managed by Soros Fund Management LLC.[11]

As of October 16, 2018, Violin Systems released the statement that it had agreed to acquire the storage business of X-IO Technologies and in conjunction with the transaction X-IO has renamed itself as Axellio as its new company name.[12]

Technology

Violin does not use solid state drives (SSD), but instead uses a proprietary design referred to as flash fabric architecture (FFA).[13] The FFA technology consists of: a mesh of NAND flash dies, modules[14] that organize the mesh of flash dies, and a proprietary switched architecture for fault tolerance.[15] In September 2011, Violin announced the 6000 series all-silicon shared flash memory storage arrays.[16]

vMOS[17][18] is Violin Memory's software layer that integrates with the FFA to provide data protection, management and connectivity to the host.

Products

Violin extreme performance storage platform, XVS 8 released October 4, 2018.

The Violin 7000 series includes application aware snapshots, continuous data protection, synchronous replication, asynchronous replication and metro cluster functionality.[19][20][21]

On December 1, 2015, the Violin Memory FSP 7250 and 7600 were announced. The Violin FSP 7250 was marketed as an entry level point product.[22]

The 7700[23] series can scale up to ten 6000 or 7000 series arrays for up to 700TB of raw capacity or 3.5 PB with deduplication[24]

The Violin 6000 series[25] all flash arrays include the 6600, 6200 and 6100. The 6600[26] is based on SLC flash and offers 17.5TB of capacity. The 6200[27] offers flash performance at capacities from 17.5 to 70TB. The 6100[28] is a smaller array at lower price of entry with a pay as you grow[29] option.

References

  1. ↑ "Violin Systems: Company". Violin Systems. https://www.violinsystems.com/company/. 
  2. ↑ "Violin Memory raises $50M, brings valuation to $800M". Silicon Valley Business Journal. March 30, 2012. http://www.bizjournals.com/sanjose/news/2012/03/30/violin-memory-raises-32m.html. 
  3. ↑ "Notice of Exempt Offering of Securities". Edgar. US Securities and Exchange Commission. March 29, 2012. https://www.sec.gov/Archives/edgar/data/1407190/000140719012000001/xslFormDX01/primary_doc.xml. 
  4. ↑ 4.0 4.1 4.2 Bort, Julie (December 11, 2013). "Newly Public Company Violin Memory Is In Turmoil And The Lawsuits Are Flying". http://www.businessinsider.com/violin-memory-cto-leaves-amid-lawsuits-2013-12. 
  5. ↑ "Can a new CEO pull Violin Memory out of its current slump?". The Register. January 7, 2014. https://www.theregister.co.uk/2014/01/07/violin_analysis_lost_cause_salvageable/. 
  6. ↑ "Struggling Flash Storage Firm Violin Memory Fires Its CEO". VentureBeat. December 16, 2013. https://venturebeat.com/2013/12/16/struggling-flash-storage-firm-violin-memory-fires-its-ceo/. 
  7. ↑ 7.0 7.1 Mellor, Chris (November 10, 2016). "Violin Memory resembles toast". The Register. https://www.theregister.co.uk/2016/11/10/violin_memory_resembles_toast/. 
  8. ↑ James Garrett Baldwin (October 28, 2016). "NYSE Moves to Delist Violin Memory (VMEM)". Investopedia. http://www.investopedia.com/news/nyse-moves-delist-violin-memory-vmem/. 
  9. ↑ Chris Mellor (October 31, 2016). "Violin switches stock exchanges fast: OTCQX replaces delisting NYSE as its share trading body". The Register. https://www.theregister.co.uk/2016/10/31/violin_switches_stock_exchanges_fast/. 
  10. ↑ "Violin Memory's sad song leads to bankruptcy - Storage Soup" (in en). http://searchstorage.techtarget.com/blog/Storage-Soup/Violin-Memorys-sad-song-leads-to-bankruptcy. 
  11. ↑ Chris Mellor (April 25, 2017). "Violin Memory steps out of bankruptcy, takes the storage stage again". The Register. https://www.theregister.co.uk/2017/04/25/violin_memory_back_and_private/. 
  12. ↑ Joseph F. Kovar (October 16, 2018). "Violin Systems To Acquire X-IO Storage Business". CRN. https://www.crn.com/news/storage/violin-systems-to-acquire-x-io-storage-business/. 
  13. ↑ Michael Cusanelli (June 27, 2014). "Violin Memory Delivers 'Business in a Flash' with Concerto 7000". The VAR Guy blog. http://thevarguy.com/secure-cloud-data-storage-news-and-information/062714/violin-memory-delivers-business-flash-concerto-7000. 
  14. ↑ Antony Adshead (October 12, 2012). "Violin - a proudly proprietary storage vendor . . .". ComputerWeekly.com. http://www.computerweekly.com/blogs/StorageBuzz/2012/10/violin---a-proudly-proprietary.html. 
  15. ↑ Chin-Fah, Heoh (March 8, 2012). "we raid vRAID". Storage GaGa Blog. http://storagegaga.com/tag/vraid/. 
  16. ↑ Robin Harris (April 11, 2012). "Violin's clean-sheet architecture". Storage Mojo blog. http://storagemojo.com/2012/04/11/violins-clean-sheet-architecture/. 
  17. ↑ Brian Beeler (August 13, 2012). "Violin Pairs with Symantec to Deliver Data Management Tools". StorageReview.com. http://www.storagereview.com/violin_pairs_with_symantec_to_deliver_data_management_tools. 
  18. ↑ Chris Mellor (August 14, 2012). "Symantec, Violin in no-strings fling for flash array software". The Register. https://www.theregister.co.uk/2012/08/14/violin_symantec/. 
  19. ↑ "VIOLIN CONCERTO 7000 ALL FLASH ARRAY; PERFORMANCE PACKED WITH DATA SERVICES". Product Profile. Taneja Group. June 2014. http://storage.dpie.com/downloads/violin/Taneja-Group-product-profile-Concerto-7000.pdf. 
  20. ↑ Nick Heath (June 24, 2014). "Violin Memory gives its flash storage an enterprise-friendly makeover". ZDNet. http://www.zdnet.com/article/violin-memory-gives-its-flash-storage-an-enterprise-friendly-makeover/. 
  21. ↑ Steve Wexler (June 25, 2014). "Violin: In the data center, no one can hear you scream!". IT Trends & Analysis. http://it-tna.com/2014/06/25/violin-data-center-one-can-hear-scream/. 
  22. ↑ Sheryl Anderson (December 1, 2015). "Expanded Flash Storage Platform From Violin Provides Needed Solutions for Customers Seeking Optimization for Extreme Performance; Primary Storage Solutions; and Entry Level Capacity". Press release. http://investor.violin-memory.com/company/investors-overview/press-releases/press-release-details/2015/Expanded-Flash-Storage-Platform-From-Violin-Provides-Needed-Solutions-for-Customers-Seeking-Optimization-for-Extreme-Performance-Primary-Storage-Solutions-and-Entry-Level-Capacity/default.aspx. 
  23. ↑ Peter Williams (June 26, 2014). "Violin: Violin Memory back in all-flash storage tune with new data management strings". Bloor. http://www.bloorresearch.com/analysis/violin-memory-back-in-all-flash-storage-tune-with-new-data-management-strings/. 
  24. ↑ Pedro Hernandez (June 24, 2014). "Violin Plays a Flashy Concerto with New 7000 Array". InfoStor. http://www.infostor.com/disk-arrays/violin-plays-a-flashy-concerto-with-new-7000-array.html. 
  25. ↑ "Three New All Flash Arrays 6100 (17.5TB, 26TB and 35TB) Revealed by Violin Memory". StorageNewsletter.com (Press Release). StorageNewsletter.com. August 12, 2014. http://www.storagenewsletter.com/rubriques/systems-raid-nas-san/three-new-all-flash-arrays-6100-17-5tb-26tb-and-35tb-revealed-by-violin-memory/. 
  26. ↑ Timothy Prickett Morgan (October 18, 2013). "Violin Turns Flash Arrays Into Blazing Clusters". EnterpriseTech. http://www.enterprisetech.com/2013/10/18/violin-turns-flash-arrays-blazing-clusters/. 
  27. ↑ Carol Sliwa (May 2014). "Violin 6000 arrays feature proprietary flash modules, memory fabric". SearchSolidStateStorage.com. http://searchsolidstatestorage.techtarget.com/feature/Violin-6000-arrays-feature-proprietary-flash-modules-memory-fabric. 
  28. ↑ Chris Mellor (August 4, 2014). "Violin strings up cheaper instrument: 17.5TB flash box for $100k + change". The Register. https://www.theregister.co.uk/2014/08/07/violin_strings_up_cheaper_instrument/. 
  29. ↑ Carol Sliwa (July 15, 2014). "Violin storage adds WFA models, pay-as-you-grow option". SearchSolidStateStorage.com. http://searchsolidstatestorage.techtarget.com/news/2240224595/Violin-storage-adds-WFA-models-pay-as-you-grow-option. 

External links



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