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Dell to Fund Storage Start-Ups

Dell has set up a $60 million Fluid Data Storage Fund to back early-stage storage start-ups, a combination of build and buy. Jim Lussier, managing director of Dell's venture capital business, says it is looking for mid-level widgetry hoping to find the "straightway big thing." To all appearances that means cloud storage, memory-based storage and then-generation-storage architectures.

Maureen O'Gara the most read innovation reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected research reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

More information: Sys-con