Excelero, a company delivering software-defined block storage solutions, has received strategic investment funds from Western Digital Capital – the strategic investment fund of Western Digital. (NASDAQ : WDC). This investment represents the fourth strategic player to invest in Excelero, including Micron and Qualcomm, and brings the total VC funds invested in Excelero to $35 million.
“Analytics, machine learning, advanced visualization and AI are driving organizations to embrace new scale-out IT architectures, and they can’t do it with traditional storage architectures,” said Lior Gal, CEO, and co-founder of Excelero. “We’re honored to receive this strategic funding from Western Digital Capital, and to embark on a technical collaboration with Western Digital. We look forward to accelerating our go-to-market efforts together as we drive innovation in data center technologies.” Excelero will use the funds to accelerate its go-to-market activities worldwide.
Web-Scale Storage Solutions
Separate from the funding, Excelero and Western Digital have begun technical collaboration activities whereby the two firms are offering web-scale storage solutions to some of the world’s largest, most demanding enterprises and service providers. By harnessing Excelero’s NVMesh software-defined block storage solution along with Western Digital’s NVMe SSD hardware, the companies claim to deliver unrivaled storage scalability, performance, and agility.
“Excelero has developed a software-defined block storage solution designed to redefine storage for web-scale applications,” said Mark Long, president, Western Digital Capital. “The company is addressing an important and growing challenge associated with traditional architectures and we are pleased to support their efforts. Western Digital is committed to providing a variety of options to customers to solve the increasing challenge of managing AI, real-time analytics, and other Fast Data applications. Our new OpenFlexTM architecture and products allow for the independent scaling of compute, storage and network resources, with orchestration and management enabled through an open API. We look forward to working with Excelero to integrate and advance our technologies to create even more powerful solutions for customers in data-centric businesses.”
Software-Defined Storage Company Excelero Receives Strategic Investment from Western Digital #WDC on Website Hosting Review.