“Elastifile’s innovative approach to managing unstructured data in a scale-out, flash-optimized solution opens the door to cost effectively deploying business-critical applications requiring flash resources at scale.”The company claims that its software-only, all-flash, web-scale file-system object-and-block storage solution is hardware and hypervisor agnostic. “A cost-effective distributed file on flash solution has been a pressing market need,” said Itzik Parnafes, General Partner, Battery Ventures. “Elastifile’s unique and groundbreaking design presents its customers with the first scalable all-flash system providing file, block and object storage to applications at the backbone of day-to-day data center operations.” As compared to other hybrid and hard disk drive-based arrays, Elastifile believes that its solutions allow customers to expand the number of applications they can deploy on flash at a much lower cost of 50 cents per GB ($500 per TB). With this round of funding, the total investment in the company has come to almost $44 million. This additional funding, as according to Amri Aharoni, Co-founder & CEO, Elastifile, will allow the company to “aggressively” market its “unique solution, enabling enterprises to transform the wealth of information gathered as structured and unstructured data into actionable business knowledge.”
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