Tegile Systems Raises $33m in Funding

Tegile Systems, a Newark, Calif.-based provider of flash-driven storage arrays for databases, virtualized server and virtual desktop environments, raised $33m in funding.

The round, which has brought total funding to date to $178m, was led by Western Digital Corp and current investors Meritech Capital, Capricorn Investment Group, and Cross Creek Capital.

The company will use the new funds to invest further in technology development and product innovation, and to expand worldwide market reach.

Led by Rohit Kshetrapal, CEO, Tegile Tegile Systems is advancing a new generation of flash-driven enterprise storage arrays for virtualization, file services and database applications. The company’s arrays include both NAS and SAN connectivity and come complete with built-in snapshot, remote-replication, near-instant recovery, onsite or offsite failover, and VM-aware features.
In 2016, Tegile launched IntelliFlash HD, a multi-tier flash platform, and introduced IntelliFlash Cloud Platform, which leverages NVMe SSDs and high density flash to build a private cloud.

FinSMEs

11/04/2017

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