Model9 receives $ 9 million for moving data between mainframes and the cloud

<pre><pre>Model9 receives $ 9 million for moving data between mainframes and the cloud

Model9, an Israeli startup created by mainframe veterinarians, has come up with a way to transfer data between mainframe computers and the cloud.

Intel Capital led the round with support from existing investors, including StageOne, North First Ventures and Glenrock Israel. The company claims to have raised nearly $ 13 million in the meantime.

You may not notice it, but the world's largest companies like big banks, insurance companies, airlines, and retailers still use mainframes. These companies need the extensive transaction processing capabilities of these robust machines. However, it is difficult to provide the valuable data for more advanced analysis functions. This is the difficult problem that Model9 is trying to solve.

Gil Peleg, CEO and co-founder of Model9, says his company's technology is designed to help mainframe users move their data to the cloud or other on-prem storage. “Mainframe data is stored behind proprietary memories that cannot be accessed in the developing, fast-moving technology world in the cloud. And this is where the patented technology comes into play, with which mainframes can read and write data directly to the cloud or to other distributed storage systems than mainframes, ”explained Peleg.

This has several important use cases. For starters, it can be used as a disaster recovery system, eliminating the need for expensive tape backups. This data can also be moved to the cloud, where customers can apply modern analytics to data that was previously inaccessible.

The enterprise solution works with AWS, Google Cloud Platform, Microsoft Azure and the IBM Cloud solution. It also works with other on-prem storage solutions like EMC, Nutanix, NetApp and Hitatchi. He says the idea is to offer customers real hybrid cloud options, be it a private cloud or a public cloud provider.

“Ideally, our customers will use a hybrid cloud topology and benefit from both worlds. The mainframe continues to do what it should do as reliable, secure, and trustworthy [machine]and the cloud can manage the amount and rapidly growing amount of data and provide the new advanced technologies for disaster recovery, data management and analysis, ”he said.

The company was founded in 2016 and took a few years to develop the solution. Today the company has 10 customers, but these are the types of large companies that would use mainframes. Peleg says he wants to use the money to expand sales and marketing operations and expand the market for this solution.