Ellison-backed storage start-up readies launch

Data storage start-up Pillar Data Systems -- backed by Oracle Chief Larry Ellison -- is planning to launch its first products in June after spending the last three years in stealth-mode.

Ellison's invested $100 million in the San Jose, Calif., company through his private investment group, Tako Ventures.

We wrote about the company when it went public with the Ellison connection. Network World recently reported the upcoming June debut.

The company has apparently figured out a nifty way to store and fetch data based on its importance.