Cloud Computing: Toshiba Completes $3 Million Strategic Investment in Zadara Storage

Grazed from BusinessWire.  Author: PR Announcement.

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…

Founded in Israel in 2011, Zadara debuted the industry’s first enterprise-class Storage as a Service (STaaS) solution in 2012 that allows both enterprises and service providers to buy enterprise block-and-file storage by the hour as its own Virtual Private Storage Array™ (VPSA™). Its solution helps IT groups accelerate mission critical application deployment into the cloud with either off-premises Storage-as-a-Service located at major public clouds and colocation facilities, or on-premises offerings for service providers, or enterprise data centers maintaining their own private clouds. Zadara Storage can serve as either primary storage (for applications) or secondary storage (for backup). Because of its patent-pending CloudFabric™ architecture, Zadara Storage delivers single-tenant performance and privacy that can be instantly created, grown, and shrunk – all via software – with cloud-based cost efficiency.

Zadara brought private storage to the public cloud via Amazon Web Services (AWS) and makes its off-premises solutions via partnerships with AWS, Dimension Data, Equinix, and others. Its solutions are already deployed at numerous household-name enterprises worldwide. Winner of numerous product awards, Zadara maintains corporate offices in Irvine, CA, with a development center in Israel.

“We see a unique and strong strategic fit between our two companies,” said George Bouchaya, vice president and chief technology officer, Institute of Strategic Storage Planning & Investment (ISSPI) for Toshiba America Electronic Components, Inc. “Together we can make a significant impact that would not be possible without this strategic relationship.”

“By working closely with TAEC we can synergistically integrate disk drive and SSD components with storage software,” said Nelson Nahum, CEO and co-founder of Zadara Storage. “The combination means unique and compelling cloud storage solutions as well as ‘cold storage,’ or secondary storage, solutions.”