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Netscape Alums Tackle Cloud Storage 62

BobB-nw writes "A new cloud storage vendor is entering the market, promising an enterprise-class file system with snapshots, replication, and other features designed to simplify adoption for existing users and applications. Zetta, founded in 2007 by veterans of Netscape, has $11 million in funding and is coming out of stealth mode Monday with Enterprise Cloud Storage, a Web-based storage platform that will compete against Amazon's Simple Storage Service and a growing number of cloud vendors. Zetta's goal was to build a Web-based storage system that would be accepted by enterprise IT professionals for storing primary data. 'Data growth rates are staggering. In businesses you see growth rates of 40 to 60 percent year over year,' says CEO Jeff Treuhaft, a Zetta cofounder and formerly one of Netscape's first employees. Another Zetta cofounder is Lou Montulli, an early Netscape employee who invented Web cookies."

Nothing is finished until the paperwork is done.