UltiHash Secures $2.5 Million Pre-Seed Funding for Sustainable Data Storage
German data storage startup UltiHash has successfully secured $2.5 million in Pre-Seed funding to support its innovative approach to data infrastructure. UltiHash technology introduces byte-level deduplication, transcending data types and optimizing storage efficiency across diverse datasets.
In response to the exponential growth of data, UltiHash addresses the challenge posed by conventional storage solutions, which often force a trade-off between high costs and suboptimal performance. This compromise renders acceleration nearly cost-prohibitive. The situation is particularly pronounced for enterprises navigating hybrid cloud infrastructures, where complexities arise from varying data transfer rates and multi-vendor setups.
UltiHash strategically mitigates the environmental impact of data expansion by enabling substantial growth without a corresponding surge in storage capacity requirements. The core of its technology lies in byte-level deduplication, functioning seamlessly across all data types. This involves the matching of binary fragments within and across datasets, spanning from terabytes to exabytes.
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