Mergers and Acquisitions, Business continuity, Storage

StorageCraft Acquires Exablox Scale-out Storage

Matt Medeiros
Matt Medeiros

StorageCraft Technology has acquired Exablox in a bid to further help businesses "analyze, protect, and store their data." Financial terms were not disclosed. Both company websites have publicly confirmed the deal as of 9:45 a.m ET today.

StorageCraft itself was acquired in January 2016. The company's overhauled management team, led by SonicWall veteran Matt Medeiros, has diversified StorageCraft's data protection lineup and bolstered its partner program over the past year. The Exablox acquisition furthers those efforts.

Medeiros and Exablox CEO Doug Brockett (now president of StorageCraft) briefly confirmed the deal in this video:

Video link

Among the potential partner and product synergies between StorageCraft and Exablox:

  • Exablox produces flash- and HDD-based scale-out NAS storage solutions using an object storage architecture. Exablox OneBlox scale-out storage solutions support file serving capabilities for primary and secondary storage, including continuous and unlimited snapshots, inline deduplication, compression, and offsite replication, the company claims.
  • When combined with StorageCraft’s ShadowProtect software, partners can protect customer desktops, physical and virtual infrastructure – all in a single solution, StorageCraft Claims.

Exablox History, StorageCraft Future

StorageCraft’s Doug Brockett

Exablox raised $23 million in Series C funding in 2015. Brockett -- also a SonicWall Veteran -- explained the Exablox strategy in this podcast recorded shortly after the Series C funding.

Following the Exablox buyout, the StorageCraft product portfolio now includes:

  • Data Analytics – Allows partners to identify and prioritize critical data for protection and performance. It also identifies gaps in endpoint protection, the company says.
  • Data Protection –Allows partners to implement data protection policies that can trigger associated recovery mechanisms. Frequent backups and efficiently-located mission-critical data minimize recovery time and maximize uptime, the company says.
  • Data Storage – Allows partners to store all tiers of data with infinite scalability, the company asserts.

Meanwhile, StorageCraft has rapidly expanded and diversified its partner ecosystem over the past year. ChannelE2E will share more details about that shortly.

Backup, Disaster Recovery Competition

The overall backup and disaster recovery (BDR) market remains in growth mode. Multiple vendors have been blurring their storage, data protection and security platforms to better safeguard customers against business downtime, malware, ransomware and other emerging threats.

Major channel-centric moves over the past few months have included:

Stay tuned for more updates involving the StorageCraft-Exablox deal.

Complete M&A Coverage: Track all VAR, MSP and CSP mergers and acquisitions by visiting the ChannelE2E Milestones section daily.

Joe Panettieri

Joe Panettieri is co-founder & editorial director of MSSP Alert and ChannelE2E, the two leading news & analysis sites for managed service providers in the cybersecurity market.