24 February 2011

Cloud Computing Player SolidFire Raises $11 Million


Cloud Computing Journal
SolidFire, a cloud computing storage platform, on Wednesday announced that the company has closed $11 million in Series A funding led by New Enterprise Associates (NEA) with current investors Valhalla Partners and Novak Biddle Venture Partners participating. NEA is a leading global venture capital firm with more than $11 billion in committed capital and a 30-year track record of successful investing including enterprise storage companies such as Data Domain, 3ware, and Fusion IO. The funding, which follows a $1 million seed round, will be used to expand the company in preparation for launch later this year. As part of this expansion, SolidFire has opened an office in Boulder, Colorado and will be hiring for engineering, marketing, and sales roles.

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