SolidFire

SolidFire
Subsidary
Industry Software
Founded 2009 in Atlanta, Georgia
Founder Dave Wright, CEO
Headquarters Boulder, Colorado, United States
Parent NetApp
Website www.solidfire.com

SolidFire was a Boulder, Colorado-based privately held flash-storage and software-development company. The company was acquired in 2015 by storage and data management company NetApp. As of November 2016, Netapp continued to use the SolidFire name, selling the company's products as NetApp SolidFire.

History

SolidFire was founded in December 2009 in Atlanta, Georgia by CEO Dave Wright, to provide cloud service providers with storage systems.[1] Wright had earlier founded file storage and backup service Jungle Disk, which was acquired by Rackspace in 2008.[2][3] The company was headquartered in Boulder, Colorado, with additional offices worldwide.[4] The company initially sold all-flash storage products to service providers.[5] In 2012, the company began selling its arrays to both private and public consumers.[6] In December 2015, NetApp bought SolidFire for $870 million in cash, closing in January 2016.[7]

Funding

In February 2011, the company secured USD$11 Million in Series A funding led by VC New Enterprise Associates.[2] Later that year, the company, then just a handful of employees, relocated to Boulder, Colorado to take advantage of that area's data and storage technology workforce.[1] At the time, Boulder was one of three main U.S. data storage hubs, the others being Boston and Silicon Valley.[8] In October 2011, the company raised $25 million in a second round of funding led by New Enterprise Associates.[9]

In October 2014, the company raised an additional USD$82 million in a Series D funding round led by venture capital firm Greenspring Associates.[10] It was reportedly the largest VC round in years for Colorado's storage industry, and brought company funding to date to USD$150 million.[8]

Reception

In 2016, technology consulting firm Gartner ranked SolidFire (as part of NetApp) in its leaders category.[11]

References

  1. 1 2 "5 QUESTIONS with Dave Wright, founder and CEO of SolidFire". Boulder Daily Camera. 2011-11-20. Retrieved 2016-11-19.
  2. 1 2 Wauters, Robin (February 2, 2011). "Exclusive: SolidFire Raises $11 Million For 'Next-Gen' Cloud Storage Platform". TechCrunch. Retrieved October 28, 2016.
  3. ↑ Kincaid, Jason (2008-10-22). "Rackspace Acquires JungleDisk, Slicehost To Take On Amazon Web Services". TechCrunch. Retrieved 2016-02-25.
  4. ↑ "Office locations". solidfire.com. Retrieved 2016-11-19.
  5. ↑ Antony Adshead (February 27, 2015). "Solidfire slots in all-flash SF9605 and debuts storage software Element X". Computer Weekly. Retrieved May 1, 2015.
  6. ↑ Jordan Novet (October 7, 2014). "SolidFire pulls out $82M for the flash-storage showdown". VentureBeat. Retrieved May 1, 2015.
  7. ↑ "NetApp buys Solidfire but it has been a long and tortured road to all-flash". infostor.com. 2016-01-06. Retrieved 2016-11-19.
  8. 1 2 Greg Avery (October 7, 2014). "Tech startup lands the industry's largest VC round of the year in Colorado". Denver Business Journal. Retrieved May 1, 2015.
  9. ↑ "SolidFire raises $25M to boost cloud provider agility and performance". venturebeat.com. 2011-10-31. Retrieved 2016-11-19.
  10. ↑ "SolidFire Raises $82M for All-Flash Storage". infostor.com. 2014-10-08. Retrieved 2016-11-19.
  11. ↑ "Gartner's Magic Quadrant mages shake crystal ball, Violin goes topsy turvy". theregister.co.uk. 2016-08-24. Retrieved 2016-11-19.

External links

This article is issued from Wikipedia - version of the 12/3/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.