Cisco invests in emerging flash storage firm Elastifile

Channel FinanceCisco
1 8 No Comments

Previous funding round for the flash SDS company raised $35m, now Cisco has joined the party

Cisco has just made a “major investment” in Elastifile, said the developer of all flash storage software. Elastifile’s previous investment round raised more than $35 million, which prompted Cisco to investigate the technology further.

Cisco has now joined the other investors in supporting the general release of the technology, Elastifile said.

cisco-logoThe new capital – the amount of which has not be revealed – builds on previous Series B investments by others in the data centre and storage industries for the all-flash software defined storage (SDS) solution.

Elastifile helps large and mid-size enterprises to scale through the cloud, while helping to reduce the capex and opex of virtualised data centres. It supports hybrid cloud working by extending file systems across on premise and cloud deployments.

It used to be that all-flash arrays were essentially block storage applications, not capable of providing enterprise-grade performance at cloud scale,” said Amir Aharoni, Elastifile CEO and co-founder.

We’ve redefined this by designing an elastically expandable distributed file, all-flash software-centric storage solution. Cisco Investments’ funding underscores the value of our approach.”

@AntonySavvas