Greylock Partners

Founded in 1965, Greylock Partners is a venture capital firm investing in consumer and enterprise software companies. It focuses on seed to growth-stage investments, with notable portfolio companies including Airbnb, Facebook, LinkedIn, and Palo Alto Networks.

Jacob Andreou

General Partner

Joseph Ansanelli

Partner

Gerald Chen

Partner

Jerry Chen

Partner

Mike Duboe

General Partner

Past deals in Storage Services

Braintrust Data

Series A in 2024
Braintrust offers an AI stack to simplify the process from evaluations to data management, ensuring seamless integration into any business. Braintrust simplifies the evaluation process by facilitating easy scoring, logging, and visualization of outputs. Users can investigate failures, monitor performance trends, and address queries like identifying regressions or assessing new models. The platform offers a Prompt Playground, allowing users to compare multiple prompts, benchmarks, and input/output pairs across runs, enabling both ephemeral tinkering and experiment evaluation on large datasets. In Continuous Integration, Braintrust seamlessly integrates into workflows, enabling progress tracking on the main branch and automatic comparison of new experiments with live versions before deployment. With a focus on Datasets, the platform enables the effortless capture of rated examples from staging and production, incorporating them into versioned "golden" datasets stored in the cloud. This ensures the evolution of datasets without jeopardizing evaluations dependent on them.

WarpStream

Series A in 2024
WarpStream Labs specializes in a data streaming platform that integrates seamlessly with Apache Kafka. Their solution leverages object storage to eliminate the need for local disk management, reducing networking costs and offering infinite scalability within a user's virtual private cloud. WarpStream's unique "Bring Your Own Cloud" model allows customers to manage their streaming infrastructure within their preferred cloud accounts while benefiting from enterprise-grade support and resources provided by Confluent. This enables developers to focus on building applications without the burden of managing cloud infrastructure.

Braintrust Data

Seed Round in 2023
Braintrust offers an AI stack to simplify the process from evaluations to data management, ensuring seamless integration into any business. Braintrust simplifies the evaluation process by facilitating easy scoring, logging, and visualization of outputs. Users can investigate failures, monitor performance trends, and address queries like identifying regressions or assessing new models. The platform offers a Prompt Playground, allowing users to compare multiple prompts, benchmarks, and input/output pairs across runs, enabling both ephemeral tinkering and experiment evaluation on large datasets. In Continuous Integration, Braintrust seamlessly integrates into workflows, enabling progress tracking on the main branch and automatic comparison of new experiments with live versions before deployment. With a focus on Datasets, the platform enables the effortless capture of rated examples from staging and production, incorporating them into versioned "golden" datasets stored in the cloud. This ensures the evolution of datasets without jeopardizing evaluations dependent on them.

Pinata

Series A in 2022
Pinata is a data management platform that facilitates the creation and management of content on the interplanetary file system. The company offers tools that simplify the handling of immutable data by combining blockchains with off-chain data storage. This integration allows developers to enhance the speed and stability of their production applications. Pinata's platform enables users to host files on the interplanetary file system network through a dedicated gateway, optimizing content requests from network nodes to conserve bandwidth and reduce loading times.

Pinata

Seed Round in 2021
Pinata is a data management platform that facilitates the creation and management of content on the interplanetary file system. The company offers tools that simplify the handling of immutable data by combining blockchains with off-chain data storage. This integration allows developers to enhance the speed and stability of their production applications. Pinata's platform enables users to host files on the interplanetary file system network through a dedicated gateway, optimizing content requests from network nodes to conserve bandwidth and reduce loading times.

Neeva

Series B in 2021
Neeva, Inc. is a software as a service (SaaS) company that operates a private, ad-free search engine designed to help users efficiently find relevant online content and personal files, such as emails and documents. Founded in 2019 and headquartered in Mountain View, California, Neeva focuses on providing a personalized search experience by integrating personal and cloud services. The platform aims to deliver precise search results while eliminating the distractions of advertisements, allowing users to focus on what matters most to them.

Neeva

Series A in 2020
Neeva, Inc. is a software as a service (SaaS) company that operates a private, ad-free search engine designed to help users efficiently find relevant online content and personal files, such as emails and documents. Founded in 2019 and headquartered in Mountain View, California, Neeva focuses on providing a personalized search experience by integrating personal and cloud services. The platform aims to deliver precise search results while eliminating the distractions of advertisements, allowing users to focus on what matters most to them.

Trove

Seed Round in 2017
Trove is a storage service that enables customers to conveniently schedule pickups and deliveries online. The company collaborates with skilled professional movers who meticulously prepare, pack, and transport items to secure storage facilities situated beyond urban areas. Each item is photographed and inventoried online, ensuring that customers can easily track their belongings. Trove's pricing model is straightforward and based on square footage, allowing customers to pay solely for the storage space they utilize.

Attic Labs

Series A in 2016
Attic Labs, Inc. is a software company based in San Francisco, California, established in 2015. The company is known for developing Noms, an open-source decentralized database designed to facilitate the storage, movement, and collaboration of large-scale structured data. Noms allows users to subscribe to data streams, similar to how consumers subscribe to RSS feeds, enabling businesses to receive timely updates on critical information without the need for manual downloads. The database incorporates features that allow for data replication, offline editing across multiple machines, and version control, ensuring that previous versions of data remain intact and retrievable. In January 2018, Attic Labs was acquired by Quip, Inc.

Pure Storage

Series F in 2014
Pure Storage is a U.S.-based enterprise data storage company that offers a storage platform designed to exploit flash memory. Its products accelerate random I/O–intensive workloads such as server and desktop virtualization, databases and OLTP, analytics, SQL and NoSQL, and cloud computing. The platform enables cost-effective deployment of flash across the data center, helping organizations scale within existing power and space constraints. Revenue arises from product hardware and embedded operating system software, as well as subscription services including Evergreen Storage, Pure as a Service, Cloud Block Store, Portworx, and professional services such as installation and implementation.

Pure Storage

Series E in 2013
Pure Storage is a U.S.-based enterprise data storage company that offers a storage platform designed to exploit flash memory. Its products accelerate random I/O–intensive workloads such as server and desktop virtualization, databases and OLTP, analytics, SQL and NoSQL, and cloud computing. The platform enables cost-effective deployment of flash across the data center, helping organizations scale within existing power and space constraints. Revenue arises from product hardware and embedded operating system software, as well as subscription services including Evergreen Storage, Pure as a Service, Cloud Block Store, Portworx, and professional services such as installation and implementation.

ScaleIO

Series A in 2012
ScaleIO is a company specializing in elastic converged storage technology aimed at enhancing data center efficiency. Founded in early 2011 by experienced professionals from the storage industry, ScaleIO's flagship solution, ECS, allows data centers to significantly reduce storage costs by over 80% while simplifying storage operations. The technology converges storage and compute resources on application servers, enabling linear scaling of capacity and performance across thousands of servers. This innovative approach makes ScaleIO's solutions particularly suitable for multi-tenant cloud environments, and ECS is already being utilized in large data centers across the United States and Europe.

Pure Storage

Series D in 2012
Pure Storage is a U.S.-based enterprise data storage company that offers a storage platform designed to exploit flash memory. Its products accelerate random I/O–intensive workloads such as server and desktop virtualization, databases and OLTP, analytics, SQL and NoSQL, and cloud computing. The platform enables cost-effective deployment of flash across the data center, helping organizations scale within existing power and space constraints. Revenue arises from product hardware and embedded operating system software, as well as subscription services including Evergreen Storage, Pure as a Service, Cloud Block Store, Portworx, and professional services such as installation and implementation.

Dropbox

Series B in 2011
Founded in 2007, Dropbox pioneered secure file sharing and collaboration. It offers cloud storage solutions for individuals and small to mid-sized businesses, with a focus on AI-powered universal search across unstructured data.

Pure Storage

Series C in 2011
Pure Storage is a U.S.-based enterprise data storage company that offers a storage platform designed to exploit flash memory. Its products accelerate random I/O–intensive workloads such as server and desktop virtualization, databases and OLTP, analytics, SQL and NoSQL, and cloud computing. The platform enables cost-effective deployment of flash across the data center, helping organizations scale within existing power and space constraints. Revenue arises from product hardware and embedded operating system software, as well as subscription services including Evergreen Storage, Pure as a Service, Cloud Block Store, Portworx, and professional services such as installation and implementation.

1000Memories

Series A in 2011
1000Memories is a digital platform designed to help individuals organize, share, and discover old photographs and cherished memories. By offering a user-friendly interface, the company facilitates the creation of family trees, allowing users to connect and reminisce with loved ones. In addition to personal memories, 1000Memories provides a social website where families and friends can create free memorial pages to honor and remember those who have passed away. This combination of photo organization and memorialization positions 1000Memories as a meaningful resource for preserving and celebrating personal and familial histories.

Pure Storage

Series B in 2010
Pure Storage is a U.S.-based enterprise data storage company that offers a storage platform designed to exploit flash memory. Its products accelerate random I/O–intensive workloads such as server and desktop virtualization, databases and OLTP, analytics, SQL and NoSQL, and cloud computing. The platform enables cost-effective deployment of flash across the data center, helping organizations scale within existing power and space constraints. Revenue arises from product hardware and embedded operating system software, as well as subscription services including Evergreen Storage, Pure as a Service, Cloud Block Store, Portworx, and professional services such as installation and implementation.

Drobo

Series E in 2009
Drobo is a developer of innovative data storage products tailored for small and medium businesses as well as individual professionals. The company focuses on delivering a unique blend of data protection, expandability, and user-friendliness. Drobo's offerings address critical storage challenges through patented technologies such as BeyondRAID, Thin Provisioning, and Automated Data-Aware Tiering. These advancements enable customers to manage data protection, adjust storage capacity, and optimize application service levels effectively. Notably, Drobo allows users to hot-swap drives and mix various drive types and capacities, facilitating seamless upgrades without the risk of data loss or downtime. Headquartered in San Jose, California, Drobo has garnered over 50 industry awards and serves hundreds of thousands of customers globally, reinforcing its position in the data storage market.

Xsigo Systems

Venture Round in 2009
Xsigo Systems is a technology leader in I/O virtualization, specializing in solutions for cloud-based data centers. The company enables IT managers to streamline operations and reduce costs by dynamically connecting servers to various network and storage devices in seconds, eliminating the need for complex setups involving multiple cards, cables, and switch ports. Through its advanced virtualized infrastructure services, Xsigo Systems enhances data center deployment and management, allowing for more efficient resource utilization and improved connectivity.

Drobo

Series D in 2008
Drobo is a developer of innovative data storage products tailored for small and medium businesses as well as individual professionals. The company focuses on delivering a unique blend of data protection, expandability, and user-friendliness. Drobo's offerings address critical storage challenges through patented technologies such as BeyondRAID, Thin Provisioning, and Automated Data-Aware Tiering. These advancements enable customers to manage data protection, adjust storage capacity, and optimize application service levels effectively. Notably, Drobo allows users to hot-swap drives and mix various drive types and capacities, facilitating seamless upgrades without the risk of data loss or downtime. Headquartered in San Jose, California, Drobo has garnered over 50 industry awards and serves hundreds of thousands of customers globally, reinforcing its position in the data storage market.

Incipient

Series E in 2008
Incipient is a company specializing in the development of enterprise-class storage solutions, with a focus on storage area networks (SAN), storage virtualization, and automated data migration software. Established in 2001 and headquartered in Waltham, Massachusetts, Incipient provides a range of products, including its Automated Data Migration Software, which facilitates various data migration projects such as data center relocations, storage array updates, and application tiering. Additionally, the Incipient Network Storage Platform Software integrates storage virtualization technology with management capabilities, enabling customers to efficiently transfer data within their SAN environments. The company's offerings also encompass automated storage provisioning, data copy services, and data protection solutions, serving multiple markets related to data migration and storage management. Incipient distributes its products through a network of channel partners.

Silver Peak Systems

Series D in 2008
Silver Peak Systems, Inc. specializes in broadband and hybrid WAN solutions that enable enterprises and service providers to effectively connect users to applications. The company offers Unity EdgeConnect, a software-defined WAN solution that allows customers to transition to a broadband WAN at their own pace, incorporating both MPLS and broadband Internet connectivity. Their product range includes WAN optimization solutions for branch offices, data centers, and cloud environments, featuring virtual and physical appliances designed to enhance application performance over distance. Additionally, Silver Peak provides replication acceleration solutions to optimize offsite data replication and offers support services to its clients. Founded in 2004 and headquartered in Santa Clara, California, Silver Peak became a subsidiary of Aruba Networks in September 2020 following its acquisition.

Silver Peak Systems

Series C in 2007
Silver Peak Systems, Inc. specializes in broadband and hybrid WAN solutions that enable enterprises and service providers to effectively connect users to applications. The company offers Unity EdgeConnect, a software-defined WAN solution that allows customers to transition to a broadband WAN at their own pace, incorporating both MPLS and broadband Internet connectivity. Their product range includes WAN optimization solutions for branch offices, data centers, and cloud environments, featuring virtual and physical appliances designed to enhance application performance over distance. Additionally, Silver Peak provides replication acceleration solutions to optimize offsite data replication and offers support services to its clients. Founded in 2004 and headquartered in Santa Clara, California, Silver Peak became a subsidiary of Aruba Networks in September 2020 following its acquisition.

PolyServe

Series E in 2006
PolyServe, Inc. is a software company that specializes in consolidating servers and storage into efficient and scalable database and file serving utilities. Founded in 1999 and headquartered in Beaverton, Oregon, with additional offices in several major U.S. cities and London, PolyServe's offerings include a Database Utility designed for SQL Server, Oracle, Oracle RAC, and DB2, as well as a File Serving Utility that supports high-performance scalable NAS, Windows file and print services, web and application clusters, and Oracle environments. The company distributes its products through a network of international distributors and a direct sales force, and maintains strategic partnerships with notable technology firms including HP, Microsoft, IBM, Dell, and Novell. In 2007, PolyServe was acquired by Hewlett-Packard Co.

Drobo

Series B in 2006
Drobo is a developer of innovative data storage products tailored for small and medium businesses as well as individual professionals. The company focuses on delivering a unique blend of data protection, expandability, and user-friendliness. Drobo's offerings address critical storage challenges through patented technologies such as BeyondRAID, Thin Provisioning, and Automated Data-Aware Tiering. These advancements enable customers to manage data protection, adjust storage capacity, and optimize application service levels effectively. Notably, Drobo allows users to hot-swap drives and mix various drive types and capacities, facilitating seamless upgrades without the risk of data loss or downtime. Headquartered in San Jose, California, Drobo has garnered over 50 industry awards and serves hundreds of thousands of customers globally, reinforcing its position in the data storage market.

Silver Peak Systems

Series B in 2006
Silver Peak Systems, Inc. specializes in broadband and hybrid WAN solutions that enable enterprises and service providers to effectively connect users to applications. The company offers Unity EdgeConnect, a software-defined WAN solution that allows customers to transition to a broadband WAN at their own pace, incorporating both MPLS and broadband Internet connectivity. Their product range includes WAN optimization solutions for branch offices, data centers, and cloud environments, featuring virtual and physical appliances designed to enhance application performance over distance. Additionally, Silver Peak provides replication acceleration solutions to optimize offsite data replication and offers support services to its clients. Founded in 2004 and headquartered in Santa Clara, California, Silver Peak became a subsidiary of Aruba Networks in September 2020 following its acquisition.

Incipient

Series D in 2006
Incipient is a company specializing in the development of enterprise-class storage solutions, with a focus on storage area networks (SAN), storage virtualization, and automated data migration software. Established in 2001 and headquartered in Waltham, Massachusetts, Incipient provides a range of products, including its Automated Data Migration Software, which facilitates various data migration projects such as data center relocations, storage array updates, and application tiering. Additionally, the Incipient Network Storage Platform Software integrates storage virtualization technology with management capabilities, enabling customers to efficiently transfer data within their SAN environments. The company's offerings also encompass automated storage provisioning, data copy services, and data protection solutions, serving multiple markets related to data migration and storage management. Incipient distributes its products through a network of channel partners.

Drobo

Series A in 2005
Drobo is a developer of innovative data storage products tailored for small and medium businesses as well as individual professionals. The company focuses on delivering a unique blend of data protection, expandability, and user-friendliness. Drobo's offerings address critical storage challenges through patented technologies such as BeyondRAID, Thin Provisioning, and Automated Data-Aware Tiering. These advancements enable customers to manage data protection, adjust storage capacity, and optimize application service levels effectively. Notably, Drobo allows users to hot-swap drives and mix various drive types and capacities, facilitating seamless upgrades without the risk of data loss or downtime. Headquartered in San Jose, California, Drobo has garnered over 50 industry awards and serves hundreds of thousands of customers globally, reinforcing its position in the data storage market.

Silver Peak Systems

Series A in 2005
Silver Peak Systems, Inc. specializes in broadband and hybrid WAN solutions that enable enterprises and service providers to effectively connect users to applications. The company offers Unity EdgeConnect, a software-defined WAN solution that allows customers to transition to a broadband WAN at their own pace, incorporating both MPLS and broadband Internet connectivity. Their product range includes WAN optimization solutions for branch offices, data centers, and cloud environments, featuring virtual and physical appliances designed to enhance application performance over distance. Additionally, Silver Peak provides replication acceleration solutions to optimize offsite data replication and offers support services to its clients. Founded in 2004 and headquartered in Santa Clara, California, Silver Peak became a subsidiary of Aruba Networks in September 2020 following its acquisition.

Incipient

Series C in 2005
Incipient is a company specializing in the development of enterprise-class storage solutions, with a focus on storage area networks (SAN), storage virtualization, and automated data migration software. Established in 2001 and headquartered in Waltham, Massachusetts, Incipient provides a range of products, including its Automated Data Migration Software, which facilitates various data migration projects such as data center relocations, storage array updates, and application tiering. Additionally, the Incipient Network Storage Platform Software integrates storage virtualization technology with management capabilities, enabling customers to efficiently transfer data within their SAN environments. The company's offerings also encompass automated storage provisioning, data copy services, and data protection solutions, serving multiple markets related to data migration and storage management. Incipient distributes its products through a network of channel partners.

PolyServe

Series D in 2004
PolyServe, Inc. is a software company that specializes in consolidating servers and storage into efficient and scalable database and file serving utilities. Founded in 1999 and headquartered in Beaverton, Oregon, with additional offices in several major U.S. cities and London, PolyServe's offerings include a Database Utility designed for SQL Server, Oracle, Oracle RAC, and DB2, as well as a File Serving Utility that supports high-performance scalable NAS, Windows file and print services, web and application clusters, and Oracle environments. The company distributes its products through a network of international distributors and a direct sales force, and maintains strategic partnerships with notable technology firms including HP, Microsoft, IBM, Dell, and Novell. In 2007, PolyServe was acquired by Hewlett-Packard Co.

Data Domain

Series B in 2003
Data Domain is a provider of deduplication storage systems that focuses on disk-to-disk backup, data archiving, and disaster recovery solutions. Founded in October 2001 and based in Hopkinton, Massachusetts, the company caters to a diverse range of industries, including education, healthcare, finance, and technology, across North America and Europe. Data Domain’s offerings include software products such as replicators for disaster recovery, boost software to enhance data backup efficiency, encryption software for securing incoming data, and retention lock software that supports compliance with IT governance policies. Additionally, the company provides virtual tape library software for SAN environments and a web-based application for system management known as Enterprise Manager. Its comprehensive infrastructure solutions address backup and recovery, archiving, compliance, and virtualization needs, positioning Data Domain as a key player in the data protection and management market.

Incipient

Series B in 2003
Incipient is a company specializing in the development of enterprise-class storage solutions, with a focus on storage area networks (SAN), storage virtualization, and automated data migration software. Established in 2001 and headquartered in Waltham, Massachusetts, Incipient provides a range of products, including its Automated Data Migration Software, which facilitates various data migration projects such as data center relocations, storage array updates, and application tiering. Additionally, the Incipient Network Storage Platform Software integrates storage virtualization technology with management capabilities, enabling customers to efficiently transfer data within their SAN environments. The company's offerings also encompass automated storage provisioning, data copy services, and data protection solutions, serving multiple markets related to data migration and storage management. Incipient distributes its products through a network of channel partners.

Incipient

Series B in 2003
Incipient is a company specializing in the development of enterprise-class storage solutions, with a focus on storage area networks (SAN), storage virtualization, and automated data migration software. Established in 2001 and headquartered in Waltham, Massachusetts, Incipient provides a range of products, including its Automated Data Migration Software, which facilitates various data migration projects such as data center relocations, storage array updates, and application tiering. Additionally, the Incipient Network Storage Platform Software integrates storage virtualization technology with management capabilities, enabling customers to efficiently transfer data within their SAN environments. The company's offerings also encompass automated storage provisioning, data copy services, and data protection solutions, serving multiple markets related to data migration and storage management. Incipient distributes its products through a network of channel partners.

Data Domain

Series A in 2002
Data Domain is a provider of deduplication storage systems that focuses on disk-to-disk backup, data archiving, and disaster recovery solutions. Founded in October 2001 and based in Hopkinton, Massachusetts, the company caters to a diverse range of industries, including education, healthcare, finance, and technology, across North America and Europe. Data Domain’s offerings include software products such as replicators for disaster recovery, boost software to enhance data backup efficiency, encryption software for securing incoming data, and retention lock software that supports compliance with IT governance policies. Additionally, the company provides virtual tape library software for SAN environments and a web-based application for system management known as Enterprise Manager. Its comprehensive infrastructure solutions address backup and recovery, archiving, compliance, and virtualization needs, positioning Data Domain as a key player in the data protection and management market.

Decru

Series B in 2002
Decru, Inc. specializes in providing storage security solutions tailored for enterprises and government organizations. Founded in 2001 and headquartered in Redwood City, California, the company addresses critical business needs such as privacy, regulatory compliance, intellectual property protection, and internal controls. Its flagship product, the DataFort storage security appliance, enhances networked storage environments by safeguarding data against both internal and external threats. Decru's offerings also include a software recovery tool compatible with UNIX and Windows systems, facilitating various applications like storage consolidation, backup and disaster recovery, secure access controls, secure data hosting, secure email restores, and database security. The company serves a diverse clientele across multiple sectors, including financial services, healthcare, telecommunications, media, semiconductors, aerospace, manufacturing, and government. As of 2005, Decru operates as a subsidiary of NetApp, Inc.

Incipient

Series A in 2002
Incipient is a company specializing in the development of enterprise-class storage solutions, with a focus on storage area networks (SAN), storage virtualization, and automated data migration software. Established in 2001 and headquartered in Waltham, Massachusetts, Incipient provides a range of products, including its Automated Data Migration Software, which facilitates various data migration projects such as data center relocations, storage array updates, and application tiering. Additionally, the Incipient Network Storage Platform Software integrates storage virtualization technology with management capabilities, enabling customers to efficiently transfer data within their SAN environments. The company's offerings also encompass automated storage provisioning, data copy services, and data protection solutions, serving multiple markets related to data migration and storage management. Incipient distributes its products through a network of channel partners.

PolyServe

Series B in 2001
PolyServe, Inc. is a software company that specializes in consolidating servers and storage into efficient and scalable database and file serving utilities. Founded in 1999 and headquartered in Beaverton, Oregon, with additional offices in several major U.S. cities and London, PolyServe's offerings include a Database Utility designed for SQL Server, Oracle, Oracle RAC, and DB2, as well as a File Serving Utility that supports high-performance scalable NAS, Windows file and print services, web and application clusters, and Oracle environments. The company distributes its products through a network of international distributors and a direct sales force, and maintains strategic partnerships with notable technology firms including HP, Microsoft, IBM, Dell, and Novell. In 2007, PolyServe was acquired by Hewlett-Packard Co.

StorageNetworks

Series B in 1999
StorageNetworks, Inc. specializes in data storage management software and services aimed at optimizing storage environments for businesses. The company offers a range of services, including professional assistance in designing and implementing networked storage infrastructures, as well as standalone software solutions like STORos StorageManager. This application functions as a storage resource management tool, helping enterprises manage their data storage systems more effectively. Although the company previously provided managed services for data management in various facilities, it exited that business in 2003. Following this shift, StorageNetworks' Board of Directors initiated a plan for complete liquidation and dissolution. Founded in 1998 and based in Waltham, Massachusetts, the company faced competition from industry leaders in the storage and networking sectors.

StorageNetworks

Series A in 1998
StorageNetworks, Inc. specializes in data storage management software and services aimed at optimizing storage environments for businesses. The company offers a range of services, including professional assistance in designing and implementing networked storage infrastructures, as well as standalone software solutions like STORos StorageManager. This application functions as a storage resource management tool, helping enterprises manage their data storage systems more effectively. Although the company previously provided managed services for data management in various facilities, it exited that business in 2003. Following this shift, StorageNetworks' Board of Directors initiated a plan for complete liquidation and dissolution. Founded in 1998 and based in Waltham, Massachusetts, the company faced competition from industry leaders in the storage and networking sectors.
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