Elastifile Receives $16M in Funding

Elastifile, a Santa Clara, CA-based enterprise hybrid cloud data management company, closed a $16m in funding.

The round was led by Western Digital Capital, the strategic investment fund of Western Digital Corp. (NASDAQ: WDC), with participation from new investor CE Ventures, and existing investors Lightspeed Venture Partners, Battery Ventures, Dell Technologies Capital and Cisco Investments.

The company, which has raised over $65m, intends to use the funds to continue to expand operations.

Led by Amir Aharoni, CEO, Elastifile provides an enterprise hybrid cloud data management platform that allows business users to run existing and new applications on elastic infrastructures in public IaaS, on-prem, and service providers. For active data use cases, the flash-native Elastifile Cloud File System delivers linear scale-out NAS performance with enterprise data services and high availability, enabling the most demanding workflows on stateful containers, bare metal, and virtual machines.
For inactive data use cases like disaster recovery and data protection, Elastifile’s CloudConnect is integrated to deliver efficient data transfer and cloud tiering, with granular check in and out of files to low cost object storage.
The company has nearly 100 employees in Santa Clara, California and Herzliya, Israel, with global Sales and Marketing offices in North America and Europe, and R&D in Israel.



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