Storage-as-a-Service co Zadara raises $3m from Toshiba

Zadara and Toshiba will work together to introduce innovative Storage-as-a-Service (STaaS) products using cutting-edge technologies that they have each developed.

Storage-as-a-Service company Zadara Storage Ltd. announced today that it has raised $3 million from Toshiba America Electronic Components Inc. (TAEC). Zadara and Toshiba will work together to introduce innovative Storage-as-a-Service (STaaS) products using cutting-edge technologies that they have each developed. Zadara has raised $10 million to date, including the latest funding. The company will use the proceeds to expand its sales, support and engineering teams.

Zadara Storage was founded in 2011 by CEO Nelson Nahum and VP engineering Yair Hershko. The company has corporate offices in Irvine, California and its development center in Nesher near Haifa.

Zadara introduced the industry’s first enterprise-class Storage as a Service (STaaS) solution in 2012 allowing both enterprises and service providers to buy enterprise block-and-file storage by the hour as its own Virtual Private Storage Array (VPSA). This solution helps IT groups accelerate mission critical application deployment into the cloud with either off-premises Storage-as-a-Service located at major public clouds and colocation facilities, or on-premises offerings for service providers, or enterprise data centers maintaining their own private clouds. Zadara Storage can serve as either primary storage (for applications) or secondary storage (for backup).

Because of its patent-pending CloudFabric architecture, Zadara Storage delivers single-tenant performance and privacy that can be instantly created, grown, and shrunk - all via software - with cloud-based cost efficiency.

Zadara brought private storage to the public cloud via Amazon Web Services (AWS) and makes its off-premises solutions via partnerships with AWS, Dimension Data, Equinix, and others. The company's solutions are already deployed at numerous household-name enterprises worldwide.

Zadara CEO Nelson Nahum said, “By working closely with TAEC we can synergistically integrate disk drive and SSD components with storage software. The combination means unique and compelling cloud storage solutions as well as ‘cold storage,’ or secondary storage, solutions.”

Published by Globes [online], Israel business news - www.globes-online.com - on August 1, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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