SolidFire Obtains $31,000,000 Series C Financing

  • Feed Type
  • Date
    7/25/2013
  • Company Name
    SolidFire
  • Mailing Address
    1620 Pearl St Boulder, CO 80302
  • Company Description
    Atlanta-based SolidFire is a next-generation storage platform for cloud computing providers and other enterprises that need scalable, reliable storage for thousands of servers. The Company’s solution allows customers to take advantage of the performance of solid state storage at a price comparable to traditional spinning disk.
  • Website
    http://www.solidfire.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $31,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The funding will support SolidFire’s expansion of sales and marketing resources world-wide as they respond to growing enterprise and service provider demand. The SF9010 leverages Samsung’s latest 960GB MLC datacenter-class drives.
  • M&A Terms
  • Venture Investor
    Samsung Ventures
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    Valhalla Partners
  • Venture Investor
    Novak Biddle Venture Partners