Cloud Computing: Toshiba Completes $3 Million Strategic Investment in Zadara Storage
Grazed from BusinessWire. Author: PR Announcement.
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Zadara™ Storage, Ltd., announced today that Toshiba America Electronic Components, Inc. (TAEC) has invested $3 million in Zadara. The two companies will be working together to introduce innovative Storage-as-a-Service (STaaS) products using cutting-edge technologies they have each developed. With today’s funding, Zadara has raised a total of $10 million to date, and will use the additional funds to expand the sales, support and engineering teams.
As everything-as-a-service become a mantra and software-defined efficiencies reinvent the data center, IT teams and service providers alike are looking to accelerate deployment of enterprise-class applications in the cloud but in ways that are private, high-performance, elastic, scalable and flexible…

