SolidFire Raises $31M in Series C Financing

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Summary

SolidFire, a Boulder, Colo.-based maker of storage systems for cloud providers, raised $31m in Series C financing.The round was led by Samsung Ventures, with participation from existing investors New Enterprise Associates, Valhalla Partners and Novak Biddle Venture Partners.Led by Founder and CEO Dave Wright, SolidFire is the leader in all-SSD storage systems designed for large scale cloud infrastructure.The just unveiled SF9010, which is an all-SSD storage platform, leverages Samsung’s latest 960GB MLC datacenter-class drives.Along with the SF9010, The company also released SolidFire Element OS Version 5, which adds VMware VAAI and VASA support, encryption-at-rest , and detailed per-volume and per-tenant performance reporting.

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Amount $31.0M Total raised
Date July 25, 2013 Announcement date
Investors New Enterprise Associates, Samsung Venture Investment, Novak Biddle Venture Partners (NBVP) Lead investors
Company http://www.solidfire.com Funded company

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