Here Are The Stellar Startup Storage Vendors To Know In 2024

Data volumes are exploding even as data assets become more valuable. As part of CRN’s Stellar Startups for 2024, here are four storage technology startups, founded in 2018 or later, that solution providers should be aware of.

Dealing With The Data Deluge

As data volumes continue to grow the total volume of global data storage is expected to exceed 200 zettabytes next year, according to market researcher Cybersecurity Ventures. That includes data stored on private and public IT infrastructures, utility infrastructures, private and public cloud data centers, personal computing devices and IoT devices.

Businesses, meanwhile, are increasingly seeing data as a valuable asset – not just something to be processed – that must be effectively stored so that it’s both secure and easily accessible when needed.

These trends are driving innovation in the data storage space – and much of that is coming from startups with new data storage technologies and concepts.

As part of CRN’s Stellar Startups for 2024, here are four storage technology startups, founded in 2018 or later, that solution providers should be aware of.

HYCU

Founded: 2018

Top Executive: Simon Taylor, CEO and Founder

HYCU brings true SaaS-based data backup and recovery to on-premises, multi-cloud and SaaS environments. The company's services provide data protection, migration, disaster recovery and ransomware protection to thousands of companies worldwide, eliminating complexity, risk and high costs.

Website: https://www.hycu.com/

Leil Storage

Founded: 2022

Top Executive: Aleksandr Ragel, CEO and Co-Founder

Leil Storage, based in Tallinn, Estonia, focuses on eco-friendly data storage solutions for backup, archival, and nearline storage purposes. Utilizing Host-Managed – Shingled Magnetic Recording (HM-SMR) technology, Leil Storage offers scalable, energy-efficient storage systems designed to reduce costs and environmental impact for large-scale data needs. The company makes hyperscale technologies available for on-premises.

Website: https://leil.io

Object First

Founded: 2021

Top Executive: David Bennett, CEO

Ransomware-proof and immutable out-of-the-box, Object First's Ootbi delivers secure, simple, and powerful on-premises backup storage for Veeam customers with no security expertise required. Built on the latest Zero Trust and data security principles, Ootbi delivers S3-native immutable object storage designed and optimized for unbeatable Veeam backup and recovery performance.

Website: www.objectfirst.com

Xinnor

Founded: 2022

Top Executive: Dmitry Livshits, CEO

Xinnor is an Israeli-based software development company that specializes in data storage solutions, focusing on software RAID technology. The company is known for its main product, xiRAID, a patented RAID engine delivering exceptional performance. Xinnor solutions are used in various sectors: media, HPC, AI training, automotive, edge computing applications, etc.

Website: xinnor.io