Monday, August 12, 2013

Tegile Raises $35 Million for Hybrid SSD/Disk Storage Arrays

Tegile Systems, a start-up based in Newark, California, closed $35 million in Round C funding for its hybrid storage systems.


Tegile offers enterprise storage arrays that leverage the performance of SSD and low cost per TB of high capacity disk drives to deliver up to seven times the performance and require up to 75 percent less capacity than legacy arrays. Tegile's patented MASS technology accelerates the Zebi's performance and enables on-the-fly de-duplication and compression of data so each Zebi has a usable capacity far greater than its raw capacity.

Tegile said it currently has more than 300 production customers utilizing its Zebi hybrid storage arrays.

The new funding was led by late-stage venture firm Meritech Capital Partners with additional investment by original stakeholder August Capital and strategic partners Western Digital and SanDisk.

http://www.tegile.com

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