Welcome!

Open Source Cloud Authors: Elizabeth White, Pat Romanski, Ram Sonagara, Jeev Trika, Ed Featherston

News Feed Item

DreamHost Says "Well Done, Son" to Inktank on Acquisition by Red Hat

Open Source Storage Baby Grows Up, Could Probably Beat Up Dad

LOS ANGELES, CA -- (Marketwired) -- 04/30/14 -- DreamHost®, a global leader in web hosting and cloud services for entrepreneurs and developers, today announced its heartfelt congratulations and virtual high-fives all around to the Inktank team on their acquisition by Red Hat for $190MM in deal consideration and retention payments ("that's a whole lotta calamari").

With an ending as happy as this, we just have to tell you the story, so bear with us.

Early work on Ceph, the open source object, block and file storage software, began in 2004 in the verdant hills of UC Santa Cruz as part of the Storage Systems Research Laboratory under sponsorship by the U.S. Department of Energy. DreamHost co-founder Sage Weil was part of the research team that built the first working prototype of the Ceph distributed file system as part of his Ph.D. work on distributed systems with his advisor Scott Brandt.

After a studious Ph.D. and contributions by many a CompSci student, lecturer, and luminary, Sage graduated in 2007 and continued work on Ceph with a small team of engineers at DreamHost, nurtured by admins who long-imagined a world freed from monolithic and proprietary storage systems. Their big dream was to change the world by engineering an open source (now called "software-defined") storage system that would be capable of storing petabytes of data on any old set of servers, and be just as resilient, reliable, and performant as the big expensive options.

In 2010, many important Ceph bits were accepted into the Linux kernel, providing users with native block and file clients. Ceph was blossoming to fill a need faced by many cloud infrastructure and web scale companies -- a need for speedy, reliable, resilient data storage across many thousands of servers where hardware failures are an accepted fact of life.

By 2011 the project had matured, with research institutions, enterprises and service providers of all sizes testing Ceph. Out of this momentum came Inktank, born as a new open source company to expand the development of Ceph and to evangelize, support and provide professional services for the burgeoning distributed storage system. Bryan Bogensberger, a senior executive at DreamHost at the time, developed the business plan for spinning out Inktank, serving as the company's first President/COO and then as its CEO beginning in 2013. Simon Anderson, CEO of DreamHost, co-founded Inktank along with Sage and Bryan and became Chair of the Board. Simon also led the structuring of the spinoff and the initial $5MM of startup capital from DreamHost. Additional capital later came from other private and strategic investors, taking Inktank's total funding raised to $13MM.

Sage, Bryan and Simon worked closely together in the early days with a growing team to develop the early company strategy, define early product definitions, and create the new branding. Alongside a talented management team, Bryan and Sage went about building a powerhouse organization full of skilled engineers and business team leaders dedicated to leveling the playing field and CRUSHing the competition in software-defined storage.

DreamHost was Inktank's first customer, signing on for enterprise subscription services to support DreamHost's object storage service, DreamObjects (which is, of course, powered by Ceph). DreamObjects was also the world's first and largest public commercial deployment of Ceph when it went into beta in September 2013 and was released into GA in January 2013. Over ten thousand users have signed on as DreamObjects customers since its launch, and their usage levels continue to grow as more and more users realize the power of storing application data and personal backups in the cloud at industry-leading price points.

Ceph has quickly risen to become the open source storage platform of choice for both public and private clouds, and it is quickly gaining popularity among users of the OpenStack framework. According to the OpenStack Foundation, approximately 20% of all OpenStack clouds deploy Ceph for block storage. DreamHost is a major contributor to the OpenStack project and a gold member of the OpenStack Foundation.

"It's awesome to see Sage's vision to create the most disruptive open source storage software recognized through this high profile acquisition by Red Hat," commented Simon. "The whole team here at DreamHost are very proud to have played a role in nurturing Ceph, supporting the Inktank team, and making a gutsy bet with our initial investment. We'll continue to be founding fans as the dramatic adoption of Ceph continues."

"The entire Inktank team would like to thank everyone at DreamHost for their tremendous support," said Bryan. "Without DreamHost's many years of Ceph incubation, months of hardcore testing and being the early adopter, Inktank's tremendous outcome would not have been possible."

"Finally! I am so pleased to be able to stop reading legal documents and get back to writing code," said Sage. "I am grateful to the DreamHost family for the supportive role they have played. This acquisition is a big step forward in bringing resources to bear in making Ceph into an even better storage platform. We are very excited about the future."

The acquisition of Inktank is expected to close on April 30, 2014. Credit Suisse acted as exclusive financial advisor to Inktank, and Cooley LLP served as legal counsel.

About DreamHost

DreamHost is a global Web hosting and cloud services company with over 370,000 entrepreneur and developer customers, and 1.3 million blogs, websites, and apps hosted. The Company develops and uses Open Source software throughout its infrastructure, and is a leading proponent of OpenStack and Ceph. DreamHost offers a wide spectrum of Web services including Shared Hosting, Virtual Private Servers (VPS), Dedicated Server Hosting, Domain Name Registration, the public cloud storage service, DreamObjects, and the public cloud computing service, DreamCompute. Please visit www.DreamHost.com for more information.

About Inktank

Inktank® is transforming storage with Ceph®, the massively scalable, open source, software-defined storage system that radically improves the economics and management of data management. Launched by leading Ceph developers, Inktank's mission is to help enterprises use Ceph to break free of expensive and proprietary storage systems to decrease their storage costs, increase their operational flexibility, and effectively manage their rapidly growing data. Inktank Ceph Enterprise™ is the market's first enterprise-grade, dedicated Ceph product offering that delivers everything needed to confidently run a production Ceph storage cluster at scale. In addition, Inktank provides best-in-class professional services and Ceph training. Please visit www.inktank.com for more information, or follow us on Twitter at @inktank.

About Ceph
Ceph®, The Future of Storage™, is a massively scalable, open source, software-defined storage system that runs on commodity hardware. Ceph has been developed from the ground up to deliver object, block, and file system storage in one self-managing, self-healing platform with no single point of failure. With its highly scalable, software-defined storage architecture, Ceph is an ideal replacement for legacy storage systems and provides a unified solution for cloud computing environments. Ceph is the foundation of Inktank Ceph Enterprise™ and the brainchild of Inktank® founder and CTO Sage Weil.

© 2014 DreamHost, LLC. All Rights Reserved.
All trademarks are the property of their respective owners.

Press Contacts
Kyle Peterson
Clement Peterson
Email Contact

Brett Dunst
DreamHost
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
“delaPlex Software provides software outsourcing services. We have a hybrid model where we have onshore developers and project managers that we can place anywhere in the U.S. or in Europe,” explained Manish Sachdeva, CEO at delaPlex Software, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
From wearable activity trackers to fantasy e-sports, data and technology are transforming the way athletes train for the game and fans engage with their teams. In his session at @ThingsExpo, will present key data findings from leading sports organizations San Francisco 49ers, Orlando Magic NBA team. By utilizing data analytics these sports orgs have recognized new revenue streams, doubled its fan base and streamlined costs at its stadiums. John Paul is the CEO and Founder of VenueNext. Prior ...
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, will demonstrate how to move beyond today's coding paradigm ...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Big Data engines are powering a lot of service businesses right now. Data is collected from users from wearable technologies, web behaviors, purchase behavior as well as several arbitrary data points we’d never think of. The demand for faster and bigger engines to crunch and serve up the data to services is growing exponentially. You see a LOT of correlation between “Cloud” and “Big Data” but on Big Data and “Hybrid,” where hybrid hosting is the sanest approach to the Big Data Infrastructure pro...
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
With 15% of enterprises adopting a hybrid IT strategy, you need to set a plan to integrate hybrid cloud throughout your infrastructure. In his session at 18th Cloud Expo, Steven Dreher, Director of Solutions Architecture at Green House Data, discussed how to plan for shifting resource requirements, overcome challenges, and implement hybrid IT alongside your existing data center assets. Highlights included anticipating workload, cost and resource calculations, integrating services on both sides...
"We are a well-established player in the application life cycle management market and we also have a very strong version control product," stated Flint Brenton, CEO of CollabNet,, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Unless your company can spend a lot of money on new technology, re-engineering your environment and hiring a comprehensive cybersecurity team, you will most likely move to the cloud or seek external service partnerships. In his session at 18th Cloud Expo, Darren Guccione, CEO of Keeper Security, revealed what you need to know when it comes to encryption in the cloud.