Tuesday, December 2, 2008

Nirvanix Powers Ooyala

San Diego-based Nirvanix, a provider of storage-as-a-service, said Tuesday that the firm's technology is being used by video delivery firm Ooyala. According to Nirvanix, Ooyala is using Nirvanix to help its customers store and manage HD-quality video. Financial impact of the partnership was not disclosed. Nirvanix provides online storage for Internet-based businesses, which can be access via a programmatic API. The firm charges by bandwidth and amount of storage, and competes against Amazon's S3 service. Nirvanix is backed by European Founders Fund, Intel Capital, Mission Ventures, Valhalla Partners, and Windward Ventures.

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