As reported in The Register. Ain't dead yet...
EL Reg just listed the D round investors in Nexenta without mentioning STEC. They look like traditional VC types or Corporate VC.
I thought STEC just gave Nexanta money. is that the same as buying a stake? I didn't think so at the time. I suspect the 'donation' would have been part of creating a flash array just for STEC for STEC to resell at will. Very speculative on my part.
Proven software, a vast sales force large portions of which are volunteer, open source cred as a movement insider.