Caringo Reports Sales Surge

Austin-based Caringo, the developer of object-based storage software, reported today that it has seen a 10x jump in its sales this year compared with last year. The firm--which did not include any financial details--said it was its "most successful year ever". Caringo develops object based storage software used in enterprises to manage their data storage. The firm is led by Mark Goros, and is backed by Austin Ventures and Vodafone.