SSD player SolidFire raises $25 mn

BOULDER, USA: SolidFire, a provider of solid-state (SSD) primary storage systems for cloud service providers, announced that it has raised $25 million in its second funding round, bringing the total funding to $37 million.

The company also received individual investments from advisors Frank Slootman, former CEO of Data Domain, David Schneider, former VP, Worldwide Sales, Data Domain, and Greg Papadopoulos, Ph.D., former VP and CTO, Sun Microsystems.

"This new funding round and the continued commitment of our initial investors show that they recognize the potential that SolidFire has in this market with an all-SSD storage system optimized for the cloud," said Dave Wright, SolidFire founder and CEO. "The response to our Early Access Program launched only this summer has been overwhelming. We have a very solid sales pipeline and we will be investing in our sales and marketing team to respond to customer interest and accelerate our growth."

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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, said the company in a release.

"As an early investor, we are pleased to see the progress that SolidFire made this past year," said Charles Curran, Valhalla general partner. "They have Early Access systems deployed with some of the world's largest cloud service providers and the customer feedback has been excellent."