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Tuesday, June 14, 2016

Cisco In New Software-Defined Storage, All-Flash Storage Play With Elastifile Investment

Nearly a year after it closed its last all-flash storage venture, data center heavyweight #Cisco is signaling increased interest in the software-defined storage and flash storage market with a new investment in #Elastifile.

Herzliya, Israel-based Elastifile on Tuesday revealed that Cisco is its newest investor. The new investment comes after a January round of funding in which six unnamed server, storage and data center companies participated in a $35 million round of investment in Elastifile.

Elastifile did not state the amount of funding from Cisco, but Reuters reported that Cisco invested $15 million in the company.

http://m.crn.com/news/storage/300081037/cisco-in-new-software-defined-storage-all-flash-storage-play-with-elastifile-investment.htm

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