Tintri To Benefit From Instagram Sale12 April 2012 17:59:00
Heavy investment in start-ups from venture capitalists is expected after the famously lucrative sale of photo-sharing service Instagram to social media monolith Facebook earlier this week according to a blog on entrepreneur.com.
Facebook’s purchase of Instagram for $1 billion in cash and stock is likely to fuel further investment in competing photo sharing services. The knock on effect will be increased interest in companies like storage tech pioneers Tintri.
Tintri has produced the world’s first VM-aware storage and is an expert in efficient data management, storage and retrieval – using intelligent flash. Its solutions can aid Instagram competitors to accommodate enormous growth in short periods.
Servicing over 40 Fortune 1000 organisations, recent growth rates of 100% a quarter show little sign of decline in the near future.
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