Valhalla Partners Conducts Successful StorageFest II

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Second Annual invitation-only event for storage industry investors, startups, OEMs, customers, and Big Data users a “great night with some of the industry’s best and brightest”

...addressing the needs of Big Data users will be the biggest story in storage for the foreseeable future.

Valhalla Partners held its second annual StorageFest at Sparks Steakhouse in New York City on January 10, 2012. Valhalla General Partner Charles Curran and new Principal Farah Giga hosted the event, which drew 60 attendees from key players in the storage and next-generation infrastructure industry for a spirited discussion of Big Data, the “voice of the infrastructure customer,” and building quality of service at affordable cost in storage systems.

“We were very pleased with the turnout from our companies, colleagues and friends in the storage ecosystem,” said Giga. “We were looking for a fun and educational evening and we got both.”

Perhaps the highlight of the evening was a dialog between execs from companies like Goldman Sachs, NASCAR, GE, Turner Broadcasting, and investors, vendors, and analysts. A StorageFest guest, CTO of an online analytics firm and Big Data expert, led the discussion and drew out the audience into a spirited exchange.

Giga said, “There were differing views among the participants on issues such as what constitutes Big Data and what the needs of the various sectors are or will be. Think about the difference between a 3d movie in digital format, the test data for a jet turbine, and details of customer interactions with a web site. But everyone agreed that we have only seen the beginning of what will be an explosion of data in the coming years, and that addressing the needs of Big Data users will be the biggest story in storage for the foreseeable future.”

“We wanted StorageFest II to be a gathering where players from different parts of the ecosystem – customers, OEMs, startup vendors, investors, analysts, and, because it’s become so important, Big Data users of storage systems – could meet for an evening and discuss broad topics for the industry,” said Curran. “We were extremely pleased with the results.”

Valhalla organizes StorageFest as a way to bring its storage and infrastructure executives together with leaders in the ecosystem. The first StorageFest was held last January in Palo Alto, and drew more than 30 participants. The event is invitation-only, but Valhalla encourages anyone who is interested in attending next year’s StorageFest III to call or email. “We try to keep the group to a manageable number so that there is good interaction, but we are always looking for new participants,” said Giga.

To find out more about StorageFest II, please look at our event web page, our Facebook page, or search for #storagefest.

About Valhalla Partners
Valhalla Partners is a trusted partner and advisor to technology entrepreneurs in their quest to build world-class companies. Based in Vienna, Virginia, the firm’s management team has made more than 120 investments over the past twenty years and produced almost $1 billion of investment proceeds. Valhalla prefers investments where the mission of the company is to innovate, challenge, and fundamentally change the dynamics of new and existing markets. Investments by Valhalla’s team include Advertising.com, AvailTVN, JumpTap, LeftHand Networks, Nirvanix, Progress Software, Proxicom, RealOps, Register.com, Riverbed Technologies, SafeNet, ServiceBench, SolidFire, TidalTV, Trilogy, and webMethods. Valhalla Partners brings the full power and network of its experienced team to every investment it makes, helping companies grow faster and smarter regardless of size or maturity.

For more information, go to http://www.valhallapartners.com.

For more information, press only:
Dan Gordon, 703-448-1400, dan(at)valhallapartners(dot)com

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