SolidFire raises $31 million for cloud storage
Grazed from SolidFire. Author: PR Announcement.
SolidFire, a Colorado-based maker of data storage hardware, announced yesterday that it raised $31 million in venture capital. The Series C funding brings the four-year-old company’s total raised to $68 million. Samsung Ventures, NEA, Valhalla Partners and Novak Biddle Ventures Partners participated.
Of interest is the company’s flash memory storage devices, which are used in datacenters focused on cloud computing applications. The company’s proprietary technology promises to speed up the retrieval of data from shared servers, and positions it nicely as more enterprises replace on-premise tech with as-a-service applications…


Another private cloud storage offering based on OpenStack hit the channel in recent days as SwiftStack announced the general availabililty of its Swift object storage system. The solution, an example of software defined storage, is poised to challenge alternatives running in the public cloud, which SwiftStack says it can match in scalability and beat in price.