DataDirect Networks Inc. today announced it has completed a $9.9 million round of funding on Monday, money the company says will help it expand.
According to the company, its flagship product is a metal box, about the size of a microwave, that’s able to store up to 100 tetrabytes of computer data. The average data storage unit costs $35,000 to $125,000.
DataDirect’s clients include Boeing, NASA Goddard, MTV, CNN, Fox and Lockheed Martin Energy Systems.
InternetNews is a source of industry news and intelligence for IT professionals from all branches of the technology world. InternetNews focuses on helping professionals grow their knowledge base and authority in their field with the top news and trends in Software, IT Management, Networking & Communications, and Small Business.
Advertise with TechnologyAdvice on InternetNews and our other IT-focused platforms.
Property of TechnologyAdvice.
© 2024 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.