Grazed from MarketWatch. Author: PR Announcement.
SolidFire, a provider of all-solid-state (SSD) primary storage systems for cloud service providers, today announced that it has raised $25 million in its second funding round, bringing the total funding to $37 million. NEA, Valhalla Partners, and Novak Biddle participated in the round. The company also received individual investments from advisors Frank Slootman, former CEO of Data Domain, David Schneider, former VP of Worldwide Sales at Data Domain, and Greg Papadopoulos, Ph.D., former VP and CTO of Sun Microsystems. Funds will be used for the rapid expansion of the sales and marketing departments to support the growing customer demand for the company’s all-SSD systems in the cloud…