Five Minute Briefing - Information Management
June 23, 2025
Five Minute Briefing - Information Management: June 23, 2025. A concise weekly report with key product news, market research and insight for data management professionals and IT executives.
News Flashes
Vultr, the world's largest privately-held cloud infrastructure company, is announcing that a recent syndicated credit facility has yielded $255 million, coupled by an additional $25 million uncommitted accordion and $74 million lease financing—resulting in a total of $329 million of credit financing.
StorMagic, the company simplifying on-site virtualization, is unveiling a new, integrated solution—in collaboration with HPE—designed to bring reliable, cost efficient full-stack HCI infrastructure to on-site applications and data.