10 Signs OpenStack Has Come Into Its Own, June 25, 2013 OpenStack continues to build momentum in the tech industry. Since its inception in 2010, OpenStack has made considerable strides as an open source IaaS project. Enterprises are seeking ROI with their OpenStack pilot projects, brand-name IT companies such as HP and Juniper are doubling down on OpenStack initiatives, and venture capitalists are throwing cash at OpenStack startups in an attempt to help the market make good on the hype -- and profit in the process. Here are 10 recent OpenStack developments.
Swiftstack Secures Stack Of Cash
Putting together its own decoupled storage controller with the OpenStack Object Storage system, SwiftStack is hoping to make waves in the software-defined storage space. VCs see it as kind of like "Amazon S3-in-a-box" and put their money down on its success in March with a first round of $6.1 million in funding.