FlashSoft Corporation Closes $3M Series A Financing

FlashSoft Corporation, a Mountain View, CA-based provider of software designed to identify and cache the most frequently used data on any SSD in the server and improve enterprise application performance, launched and closed a $3m Series A funding.

The round was led by Thomvest Ventures, with participation from Divergent Ventures, Bullpen Capital and Accelerator Ventures.

Founded by a team with decades of experience at companies including VERITAS, Oracle and Symantec and led by CEO Ted Sanford, FlashSoft provides a software solution that automatically identifies and caches the most frequently used data — hot data — on any SSD in the server. This capability, called Active Data Management, enables flash SSD to be applied to the computing operations eliminating IO latency, which holds back application and virtualization scale and performance.

The company is also collaborating with industry leaders such as  VMware, Microsoft, SanDisk Enterprise Storage Solutions, Virident Systems, LSI, OCZ Technology, and systems provider AMAX to integrate its software more closely with complementary hardware and software products.

FlashSoft delivers its solutions directly to customers and in partnership with leading providers of flash memory technology, computing infrastructure and IT solutions.

In conjunction with the funding, Don Butler, Managing Director at Thomvest Ventures, will join the company’s board of directors.



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