Excelero, a San Jose, Calif.-based software-defined block storage developer, received a strategic investment from Western Digital Capital, the strategic investment fund of Western Digital Corp. (NASDAQ: WDC).
This investment represents the fourth strategic player to invest in the company, including Micron and Qualcomm, and brings the total VC funds invested in Excelero to $35m.
They will use the funds to accelerate its go-to-market activities worldwide.
Led by Lior Gal, CEO and co-founder, Excelero has developed a software-defined block storage solution designed to redefine storage for web-scale applications with numerous web-scale customer deployments across multiple high-growth verticals – media & entertainment, government and Web & Cloud.
Separate from the funding, the company and Western Digital have begun technical collaboration to offer web-scale storage solutions – which leverage Excelero’s NVMesh® software-defined block storage solution along with Western Digital’s NVMe SSD hardware – to enterprises and service providers.