Enterprise solid-state storage system maker Skyera announced that it received funding from Western Digital as part of its $51 million Series B round of financing. The two companies say the investment is an extension of a strategic relationship that includes joint technology development.
The money will be used to scale Skyera’s business across marketing, sales, and engineering, said chief executive officer Radoslav Danilak in a statement. Western Digital previously funded Skyera as its initial outside investor, and its other backers include Dell Ventures, which also contributed to this round of funding.
“One of our primary goals in developing strategic relationships with technology innovators in the broader storage ecosystem is to enable customers to develop highly optimized storage solutions that meet their changing data management needs,” Western Digital president and CEO Steve Milligan said in the press release.
Gartner estimates that corporations will spend $4.5 billion on solid-state drives, which offer quick and energy-efficient performance, in 2015, up from just under $1 billion in 2010, so it makes sense for larger tech companies to get in on the action. But Skyera does have plenty of competition from companies like EMC, Fusion-io, STEC, Violin Memory, and OCZ.
Skyera is bringing affordable flash memory to enterprise solid-state storage systems. Our Skyhawk series of all flash enterprise solid-state storage systems is designed to enable a large class of applications with extraordinarily high performance, exceptionally lower power consumption and the lowest cost relative to existing enterprise storage systems.
Western Digital Corporation engages in the design, development, manufacture, and sale of hard drives worldwide. It offers hard drives, including 3.5-inch, 2.5-inch, 1.8-inch, and 1.0-inch form factor drives under the Western Digital, WD, the WD logo, WD Caviar, WD Raptor, WD VelociRaptor, WD Scorpio, WD Elements, My Passport, My Book, My DVR Expander, and GreenPower brand names. The companyâ€™s hard drives are used in desktop computers; notebook computers; external storage devices; enterprise applications, such as servers, workstations, network attached...