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IBM boosts object storage capability with Cleversafe acquisition

Read The Cleversafe Home Run Story in our POV section.

Cleversafe served a number of industry verticals, including media/entertainment, financial, government and retail/commerce. Their solution provided cross-industry flexibility, and they had traction across several key industries. In these segments, Cleversafe’s track record of implementations and best practices brought value to vertical markets.

IBM saw Cleversafe as an integral part of the hybrid cloud and object storage offering strategy. Cleversafe added leading-edge object storage innovation to IBM Object Storage offerings, extending and enhancing object storage capabilities. The acquisition allows IBM to provide flexible deployment support for on-premises, hybrid, private and public cloud deployments to help meet their clients’ business data needs.

Object-based storage solutions are ideal for digital content, archive and large sets of unstructured data, all highly demanded by IBM clients. IBM and Cleversafe provide cost-effective, on-premises object-based storage and cloud hybrid solutions, allowing choice and control of where and how data is managed.

Cleversafe was one of the most successful venture capital high-tech investments in the history of Chicago venture capital investing.

Quick Facts for Investors

Location Chicago
VCapital Invested 2005 (acquired by IBM in 2015)
CEO John Morris
Founded 2004
Founded By Chris Gladwin
Industry Cloud Storage