Company type | Private limited company |
---|---|
Industry | Industry data management, Security software |
Founded | 2012 |
Founder |
Paula Long John Joseph |
Fate | Assets acquired by HyTrust |
Headquarters | USA |
Area served | Worldwide |
Website |
www![]() |
DataGravity Inc. was an American industry data management company, which produced security software. The company was founded in April 2012 by Paula Long and John Joseph. [1] [2]
DataGravity announced its first products at VMworld in 2014. It won Best of Show, and New Technology awards for the event. [3] [2] It began shipping their first products in October 2014. [4]
The company focused on protection and security of the data stored on the array, [5] and named this new type of storage as data-aware storage. [6] It publicly changed its product strategy in February 2016 [7] [8] from data storage appliances to a software solution focused on behavioral data security. [9] This product strategy change resulted in multiple rounds of layoffs. [10] [11] [12]
Multiple reports use conflicting terminology about the final fate of the company. [13] [14] [15]
Some reports say HyTrust acquired DataGravity. [16] [17] [18]
Other reports, including a press release issued by HyTrust itself, say HyTrust acquired the assets of DataGravity after it was signed over to a liquidator. [19] [20] [21]
HyTrust told Fortune that founder and CEO Paula Long left DataGravity a few weeks before the transaction was announced, and that co-founder John Joseph left some time before that. [22]
According to some reports, DataGravity ceased day-to-day operations in June 2017, when it cancelled employee benefit plans and signed the company over to liquidator Barry Kallander of the Kallander Group. [23] [24] [25] In one such report, correspondence from DataGravity President Barry Kallander states "The corporation was not sold - the assets of the company were....Unfortunately the common shares are worthless." [26]
Conversely, DataGravity CTO David Siles was quoted as saying the company "did not shut down", [27] and that the transaction "wasn't a fire sale. We were acquired because we complete a vision, add value, have customers who love what we do. Together we will offer a very compelling offering to the marketplace solving very pressing needs for many enterprises." [28]
Approximately 20 former DataGravity employees joined HyTrust to support DataGravity's product integration, led by former DataGravity CTO David Siles. [29]
DataGravity's products remain a part of HyTrust's portfolio under its CloudAdvisor suite. [30]
Company type | Private limited company |
---|---|
Industry | Industry data management, Security software |
Founded | 2012 |
Founder |
Paula Long John Joseph |
Fate | Assets acquired by HyTrust |
Headquarters | USA |
Area served | Worldwide |
Website |
www![]() |
DataGravity Inc. was an American industry data management company, which produced security software. The company was founded in April 2012 by Paula Long and John Joseph. [1] [2]
DataGravity announced its first products at VMworld in 2014. It won Best of Show, and New Technology awards for the event. [3] [2] It began shipping their first products in October 2014. [4]
The company focused on protection and security of the data stored on the array, [5] and named this new type of storage as data-aware storage. [6] It publicly changed its product strategy in February 2016 [7] [8] from data storage appliances to a software solution focused on behavioral data security. [9] This product strategy change resulted in multiple rounds of layoffs. [10] [11] [12]
Multiple reports use conflicting terminology about the final fate of the company. [13] [14] [15]
Some reports say HyTrust acquired DataGravity. [16] [17] [18]
Other reports, including a press release issued by HyTrust itself, say HyTrust acquired the assets of DataGravity after it was signed over to a liquidator. [19] [20] [21]
HyTrust told Fortune that founder and CEO Paula Long left DataGravity a few weeks before the transaction was announced, and that co-founder John Joseph left some time before that. [22]
According to some reports, DataGravity ceased day-to-day operations in June 2017, when it cancelled employee benefit plans and signed the company over to liquidator Barry Kallander of the Kallander Group. [23] [24] [25] In one such report, correspondence from DataGravity President Barry Kallander states "The corporation was not sold - the assets of the company were....Unfortunately the common shares are worthless." [26]
Conversely, DataGravity CTO David Siles was quoted as saying the company "did not shut down", [27] and that the transaction "wasn't a fire sale. We were acquired because we complete a vision, add value, have customers who love what we do. Together we will offer a very compelling offering to the marketplace solving very pressing needs for many enterprises." [28]
Approximately 20 former DataGravity employees joined HyTrust to support DataGravity's product integration, led by former DataGravity CTO David Siles. [29]
DataGravity's products remain a part of HyTrust's portfolio under its CloudAdvisor suite. [30]