Welcome!

Open Source Authors: Victoria Livschitz, Ignacio M. Llorente, Carmen Gonzalez, Michael Meiner, Liz McMillan

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
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water, are pursuing SmartGrid initiatives that represent one of the more mature examples of SAE. We have s...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, and physical persons. In the IoT vision, every new "thing" - sensor, actuator, data source, data con...
The Internet of Things is tied together with a thin strand that is known as time. Coincidentally, at the core of nearly all data analytics is a timestamp. When working with time series data there are a few core principles that everyone should consider, especially across datasets where time is the common boundary. In his session at Internet of @ThingsExpo, Jim Scott, Director of Enterprise Strategy & Architecture at MapR Technologies, discussed single-value, geo-spatial, and log time series data. By focusing on enterprise applications and the data center, he will use OpenTSDB as an example t...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happens, where data lives and where the interface lies. For instance, it's a mix of architectural styles ...
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and assessments, including a decade of leading incident response and digital forensics. He is co-author of t...
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrategies, will examine why IT must finally fulfill its role in support of its SBUs or face a new round of...
One of the biggest challenges when developing connected devices is identifying user value and delivering it through successful user experiences. In his session at Internet of @ThingsExpo, Mike Kuniavsky, Principal Scientist, Innovation Services at PARC, described an IoT-specific approach to user experience design that combines approaches from interaction design, industrial design and service design to create experiences that go beyond simple connected gadgets to create lasting, multi-device experiences grounded in people's real needs and desires.
Enthusiasm for the Internet of Things has reached an all-time high. In 2013 alone, venture capitalists spent more than $1 billion dollars investing in the IoT space. With "smart" appliances and devices, IoT covers wearable smart devices, cloud services to hardware companies. Nest, a Google company, detects temperatures inside homes and automatically adjusts it by tracking its user's habit. These technologies are quickly developing and with it come challenges such as bridging infrastructure gaps, abiding by privacy concerns and making the concept a reality. These challenges can't be addressed w...
The Domain Name Service (DNS) is one of the most important components in networking infrastructure, enabling users and services to access applications by translating URLs (names) into IP addresses (numbers). Because every icon and URL and all embedded content on a website requires a DNS lookup loading complex sites necessitates hundreds of DNS queries. In addition, as more internet-enabled ‘Things' get connected, people will rely on DNS to name and find their fridges, toasters and toilets. According to a recent IDG Research Services Survey this rate of traffic will only grow. What's driving t...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using the URL as a basic building block, we open this up and get the same resilience that the web enjoys.
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective storage designed to handle the massive surge in back-end data in a world where timely analytics is e...
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will want to use their existing identities, but these will have credentials already that are (hopefully) i...
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect at Hookflash, will walk through the shifting landscape of traditional telephone and voice services ...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Architect for the Internet of Things and Intelligent Systems at Red Hat, described how to revolutioniz...
Bit6 today issued a challenge to the technology community implementing Web Real Time Communication (WebRTC). To leap beyond WebRTC’s significant limitations and fully leverage its underlying value to accelerate innovation, application developers need to consider the entire communications ecosystem.
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from hardware to software, or as we like to say, it’s an Internet of many different things. The difference ...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.