StorageCraft acquires Exablox

Draper’s StorageCraft Technology Corp. has acquired Exablox Corp. of Sunnyvale, California. StorageCraft, founded in 2003, develops and markets backup, disaster recovery, system migration and data protection software for servers, desktop and laptop computers along data analytics. Exablox provides cloud-managed, scale-out and object-based storage that the company advertises as affordable and easy-to-use.

“The new entity is the first company to bring together a new approach that recognizes the disappearing lines between primary and secondary storage as well as between data availability and data protection,” StorageCraft said in a release.

“StorageCraft continues to build its portfolio to fuel hyper-growth,” said Matt Medeiros, CEO of StorageCraft. “By adding Exablox’s converged mid-market storage technology, we go from being a leader in business continuity to a leader in the data management market.”

Exablox’s customers include Fortune 500 companies, research and educational institutions, technology innovators and government entities.

This acquisition provides the current and future customers of the combined company with a complete and competitive family of enterprise products for analyzing, protecting and storing information, said StorageCraft.

In October, StorageCraft announced a distribution agreement with Exablox based on the complementary benefits of the two companies’ products.

“As a fast-growing scale-out storage company, our customers use OneBlox for both high-performance scale-out primary storage as well as for secondary applications,” said Douglas Brockett, CEO of Exablox. “As customers’ business requirements have changed, they’re looking for a single architecture that has the capability to serve in both roles. Joining forces with StorageCraft allows us to deliver a more powerful solution with increased data protection and analytics capabilities for our customers.”

Brockett will remain with the company as president and report directly to Medeiros. Exablox customers and partners will continue to be supported by their existing contacts to ensure a seamless transition, said Medeiros.