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All-flash storage provider SolidFire is expanding its flagship SF Series product line, unveiling two new storage nodes. The company also announced it has closed an $82 million round of funding, bringing its total funding to $150 million.
The new storage nodes are expected to lower the cost of entry to the company’s scale-out flash storage platform. The SF2405 and SF4805 nodes are the third-generation of SolidFire hardware to be released since the platform became generally available nearly two years ago.
New investor Greenspring Associates led the fundraising round along with a major sovereign wealth fund, with participation from current investors NEA, Novak Biddle, Samsung Ventures and Valhalla Partners. SolidFire will use the additional funds to extend its global reach and further advance its all-flash storage architecture.
SolidFire sells through Channel Partners.
"The big, one-stop-shop providers just can't keep up with this pace of change." goo.gl/fb/Ew3Lq2
March 22 2019 @ 20:35:09 UTC