Amazon acquires Israeli startup E8 Storage to strengthen cloud capabilities
Amazon has acquired E8 Storage, an Israeli startup that provides rack-scale flash storage for enterprise and software-defined cloud.
In total, the startup has raised around $18.3mn in funding, according to Crunchbase.
Amazon’s cloud computing unit is a crucial part of the firm’s business.
In 2018,AWS controlled 47.8% of the public cloud market, while Microsoft and Alibaba held 15.5% and 7.7% respectively, according to Gartner reports.
In recent years, Amazon has made a series of investments to strengthen its cloud business.
In January, the company acquired TSO Logic, a Vancouver-based startup that helps companies manage their cloud resources effectively, a well as disaster recovery company CloudEndure.