Memory has always been the one type of hardware that delivered on the promise of massive speeds. There are a few drawbacks: it is expensive, it is limited in capacity, and it isn’t persistent (in order to maintain the data, memory needs to be powered on, which is further problematic as memory needs a periodic refreshing). Intel and Micron announced 3DXPoint technology about three years ago that would be the first step toward persistent memory. While this technology was not nearly as fast as memory, it was much faster than flash storage and much more cost-effective. Seeing the potential for persistent memory, MemVerge was launched to realize this potential.