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Sunday, December 6, 2015

Something's bubbling up in the Springpath springs

#Springpath, the hyper-converged software startup, has cancelled two US briefing events with journalists and industry types. It's also canned its global PR agency, and calls to its contact phone number are not answered.

The two events are the IT Press Tour this week, and Tech Field Day in February. It was listed as a sponsor for the November IT Press Tour as recently as November 16 but is no longer a sponsor for the event.

Springpath presented at Tech Field Day 7 in March. Our understanding is that it was not at the Virtualisation Field Day 6 event in November, cancelling its scheduled appearance. Here's its history:

2012 – founded as #Storvisor by CTO Mallik Mahalingam and Krishna Yadappanavar, with an $8m A-round.
2014 – $25m B-round, we think, taking total funding to $34m.
2015 – In February, it comes out if stealth as Springpath. In May, Terry Cunningham becomes CEO.
Cunningham replaced Mahalingam who was both CEO and CTO, and reverted to being the CTO. The announcement of Cunningham's appointment is no longer available on Springpath's website, although he is listed on the company's leadership page.

http://www.theregister.co.uk/2015/12/04/springpath/

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