>> from our studios in the heart of Silicon Valley. HOLLOWAY ALTO, California It is a cube conversation. >> Hi! And welcome to the Cube studios from the Cube conversation, where we go in depth with thought leaders driving innovation across the tech industry on hosted a Peter Burress. What are we talking about today? One of the key indicators of success and additional business is how fast you can translate your data into new value streams. That means sharing it better, accelerating the rate at which you're running those models, making it dramatically easier to administrate large volumes of data at scale with a lot of different uses. That's a significant challenge. Is going to require a rethinking of how we manage many of those data assets and how we utilize him. Notto have that conversation. We're here with Le'Ron v. Bell, who was the CEO of work a Iot leering. Welcome back to the Cube. >> Thank you very much for having >> me. So before we get to the kind of a big problem, give us an update. What's going on at work a Iot these days? >> So very recently we announced around CIA financing for the company. Another 31.7 a $1,000,000 we've actually had a very unorthodox way of raising thiss round. Instead of going to the traditional VC lead round, we actually went to our business partners and joined forces with them into building a stronger where Collier for customers we started with and video that has seen a lot of success going with us to their customers. Because when Abel and Video to deploy more G pews so they're customers can either solve bigger problems or solve their problems faster. The second pillar off the data center is networking. So we've had melon ox investing in the company because there are the leader ofthe fast NETWORKINGS. So between and Vidia, melon, ox and work are yo u have very strong pillars. Iran compute network and storage performance is crucial, but it's not the only thing customers care about, so customers need extremely fast access to their data. But they're also accumulating and keeping and storing tremendous amount of it. So we've actually had the whole hard drive industry investing in us, with Sigi and Western Digital both investing in the company and finally one off a very successful go to market partner, Hewlett Pocket enterprise invested in us throw their Pathfinder program. So we're showing tremendous back from the industry, supporting our vision off, enabling next generation performance, two applications and the ability to scale to any workload >> graduations. And it's good money. But it's also smart money that has a lot of operational elements and just repeat it. It's a melon ox, our video video, H P E C Gate and Western Digital eso. It's It's an interesting group, but it's a group that will absolutely sustain and further your drive to try to solve some of these key data Orient problems. But let's talk about what some of those key day or data oriented problems where I set up front that one of the challenges that any business that has that generates a lot of it's value out of digital assets is how fast and how easily and with what kind of fidelity can I reuse and process and move those data assets? How are how is the industry attending? How's that working in the industry today, and where do you think we're going? >> So that's part on So businesses today, through different kind of workloads, need toe access, tremendous amount of data extremely quickly, and the question of how they're going to compare to their cohort is actually based on how quickly and how well they can go through the data and process it. And that's what we're solving for our customers. And we're now looking into several applications where speed and performance. On the one hand, I have to go hand in hand with extreme scale. So we see great success in machine learning, where in videos in we're going after Life Sciences, where the genomic models, the cryo here microscopy the computational chemistry all are now accelerated. And for the pharmacy, because for the research interested to actually get to conclusion, they serve to sift through a lot of data. We are working extremely well at financial analytics, either for the banks, for the hedge funds for the quantitative trading Cos. Because we allow them to go through data much, much quicker. Actually, only last week I had the grades to rate the customer where we were able to change the amount of time they go through one analytic cycle from almost two hours, four minutes. >> This is in a financial analytics >> Exactly. And I think last time I was here was telling you about one of their turn was driving companies using us taking, uh, time to I poke another their single up from two weeks to four hours. So we see consistent 122 orders of monk to speed time in wall clock. So we're not just showing we're faster for a benchmark. We're showing our customer that by leveraging our technology, they get results significantly faster. We're also successful in engineering around chip designed soft rebuild fluid dynamics. We've announced Melon ox as an idiot customer. The chip designed customers, so they're not only a partner, they have brought our technology in house, and they're leveraging us for the next chips. And recently we've also discovered that we are great help for running Noah scale databases in the clouds running ah sparkles plank or Cassandra over work. A Iot is more than twice faster than running over the Standard MPs elected elastic clock services. >> All right, so let's talk about this because your solving problems that really only recently have been within range of some of the technology, but we still see some struggling. The way I described it is that storage for a long time was focused on persisting data transactions executed. Make sure you persisted Now is moved to these life life sciences, machine learning, genomics, those types of outpatients of five workloads we're talking about. How can I share data? How can I deploy and use data faster? But the historian of the storage industry still predicated on this designs were mainly focused on persistent. You think about block storage and filers and whatnot. How is Wecker Io advancing that knowledge that technology space of, you know, reorganizing are rethinking storage for the types, performance and scale that some of these use cases require. >> This is actually a great question. We actually started the company. We We had a long legacy at IBM. We now have no Andy from, uh, metta, uh, kind of prints from the emcee. We see what happens. Page be current storage portfolio for the large Players are very big and very convoluted, and we've decided when we're starting to come see that we're solving it. So our aim is to solve all the little issues storage has had for the last four decades. So if you look at what customers used today, if they need the out most performance they go to direct attached. This's what fusion I awards a violin memory today, these air Envy me devices. The downside is that data is cannot be sure, but it cannot even be backed up. If a server goes away, you're done. Then if customers had to have some way of managing the data they bought Block san, and then they deployed the volume to a server and run still a local file system over that it wasn't as performance as the Daz. But at least you could back it up. You can manage it some. What has happened over the last 15 years, customers realized more. Moore's law has ended, so upscaling stopped working and people have to go out scaling. And now it means that they have to share data to stop to solve their problems. >> More perils more >> probably them out ofthe Mohr servers. More computers have to share data to actually being able to solve the problem, and for a while customers were able to use the traditional filers like Aneta. For this, kill a pilot like an eyes alone or the traditional parlor file system like the GP affair spectrum scale or luster, but these were significantly slower than sand and block or direct attached. Also, they could never scale matter data. You were limited about how many files that can put in a single, uh, directory, and you were limited by hot spots into that meta data. And to solve that, some customers moved to an object storage. It was a lot harder to work with. Performance was unimpressive. You had to rewrite our application, but at least he could scale what were doing at work a Iot. We're reconfiguring the storage market. We're creating a storage solution that's actually not part of any of these for categories that the industry has, uh, become used to. So we are fasted and direct attached, they say is some people hear it that their mind blows off were faster, the direct attached, whereas resilient and durable as San, we provide the semantics off shirt file, so it's perfect your ability and where as Kayla Bill for capacity and matter data as an object storage >> so performance and scale, plus administrative control and simplicity exactly alright. So because that's kind of what you just went through is those four things now now is we think about this. So the solution needs to be borrow from the best of these, but in a way that allows to be applied to work clothes that feature very, very large amounts of data but typically organized as smaller files requiring an enormous amount of parallelism on a lot of change. Because that's a big part of their hot spot with metadata is that you're constantly re shuffling things. So going forward, how does this how does the work I owe solution generally hit that hot spot And specifically, how are you going to apply these partnerships that you just put together on the investment toe actually come to market even faster and more successfully? >> All right, so these are actually two questions. True, the technology that we have eyes the only one that paralyzed Io in a perfect way and also meditate on the perfect way >> to strangers >> and sustains it parla Liz, um, buy load balancing. So for a CZ, we talked about the hot sport some customers have, or we also run natively in the cloud. You may get a noisy neighbor, so if you aren't employing constant load balancing alongside the extreme parallelism, you're going to be bound to a bottleneck, and we're the only solution that actually couples the ability to break each operation to a lot of small ones and make sure it distributed work to the re sources that are available. Doing that allows us to provide the tremendous performance at tremendous scale, so that answers the technology question >> without breaking or without without introducing unbelievable complexity in the administration. >> It's actually makes everything simpler because looking, for example, in the ER our town was driving example. Um, the reason they were able to break down from two weeks to four hours is that before us they had to copy data from their objects, George to a filer. But the father wasn't fast enough, so they also had to copy the data from the filer to a local file system. And these copies are what has added so much complexity into the workflow and made it so slow because when you copy, you don't compute >> and loss of fidelity along the way right? OK, so how is this money and these partnerships going to translate into accelerated ionization? >> So we are leveraging some off the funds for Mohr Engineering coming up with more features supporting Mohr enterprise applications were gonna leverage some of the funds for doing marketing. And we're actually spending on marketing programs with thes five good partners within video with melon ox with sick it with Western Digital and with Hewlett Packard Enterprise. But we're also deploying joint sales motion. So we're now plugged into in video and plugged, anted to melon ox and plugging booked the Western Digital and to Hillary Pocket Enterprise so we can leverage their internal resource now that they have realized through their business units and the investment arm that we make sense that we can actually go and serve their customers more effectively and better. >> Well, well, Kaio is introduced A road through the unique on new technology into makes perfect sense. But it is unique and it's relatively new, and sometimes enterprises might go well. That's a little bit too immature for me, but if the problem than it solves is that valuable will bite the bullet. But even more importantly, a partnership line up like this has got to be ameliorating some of the concerns that your fearing from the marketplace >> definitely so when and video tells the customers Hey, we have tested it in our laps. Where in Hewlett Packard Enterprise? Till the customer, not only we have tested it in our lab, but the support is going to come out of point. Next. Thes customers now have the ability to keep buying from their trusted partners. But get the intellectual property off a nor company with better, uh, intellectual property abilities another great benefit that comes to us. We are 100% channel lead company. We are not doing direct sales and working with these partners, we actually have their channel plans open to us so we can go together and we can implement Go to Market Strategy is together with they're partners that already know howto work with them. And we're just enabling and answering the technical of technical questions, talking about the roadmap, talking about how to deploy. But the whole ecosystem keeps running in the fishing way it already runs, so we don't have to go and reinvent the whales on how how we interact with these partners. Obviously, we also interact with them directly. >> You could focus on solving the problem exactly great. Alright, so once again, thanks for joining us for another cube conversation. Le'Ron zero ofwork I Oh, it's been great talking to you again in the Cube. >> Thank you very much. I always enjoy coming over here >> on Peter Burress until next time.