Copan Systems is receiving $25M in venture funding today because someone believe that have the first truly viable replacement for tape in their
Revolution 200T product. EMC, IBM, NetApp, and other have been pushing disk-based backups for the last few years. The problem with the strategy employed to date is that disk is still more expensive than tape at the raw resource level, even though it may only be pennies per megabyte. These pennies add up over 100TB as illustrated by a blurb on the Copan Systems web site, “Current disk technology is still 3-5 times more expensive than tape. For a 100TB archive, that means spending either $300,000 for tape of $1,000,000 on disk.” I believe Copan Systems is worth a closer look.