UltiHash Secures $2.5 Million Pre-Seed Funding for Sustainable Data Storage

Ruthvik

Dec 22,23

2 mins read

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.


If you are a proptech company and want to promote your products, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.


Explore more Proptech news at media.proptechbuzz.com, for news tips and promotions, reach out to marketing@proptechbuzz.com

2024 List of Most Influential Women in PropTech

By Ruthvik

4/12/23

The proptech industry has some of the strongest women leaders. These women have shown immense dedication and hard work to…

Camphor’s AI Property Search: Disrupting Real Estate Exploration

By Ruthvik

1/12/23

Finding a perfect home is more than just about location and price now. You must want to find out the…

The Growing Influence of LLMs in Multifamily Revenue Management

By Ruthvik

29/11/23

The real estate industry is constantly evolving, and with it, the strategies used to manage and optimize the revenue generated…

Newsletter

Subscribe & Get Discount

<!--
-->
thumb

Proptech Newsletter that makes you smart

Over 5000 subscribe who are PropTech Buyers, Proptech Founders, and PropTech Investors