Infinidat

Infinidat
Company typePrivate
IndustryData storage
Founded2011
FounderMoshe Yanai
HeadquartersWaltham, MA
Herzliya, Israel
Area served
Worldwide
Key people
Phil Bullinger (CEO)
Shahar Bar-Or(CPO)
Alon Rozenshein(CFO)
Websitewww.infinidat.com

Infinidat is an Israeli-American data storage company.

History

Infinidat was founded by Moshe Yanai[1][2] in 2011.[3] By 2015 it was valued at $1.2 billion,[1] and in 2017 it was valued at $1.6 billion.[4] The company has offices in 17 countries and two headquarters: one in Waltham, MA and one in Herzliya, Israel.[5]

InfiniBox

In 2013 the company filed for thirty-nine patents,[2] and later that year released its flagship product, the InfiniBox. Each system initially managed about five petabytes of data.[4]

As of October 2017, the company had shipped about two exabytes worth of storage to its customers.[6][7] The company uses conventional and flash storage, and has a better than one million IOPS performance and 99.99999 percent reliability.[8] The product is used by large corporations and clients including cloud service providers, telecoms, financial services firms, healthcare providers, and others that require large amounts of data storage.[9]

Funding

In 2015 the company received $150 million in funding during its Series B round led by TPG Growth.[10]

In 2017, the company received $95 million in funding,[4] in a Series C round led by Goldman Sachs. At this stage it had received $325 million in total funding.[5]

References

  1. ^ a b Press, Gil. "5 Rules For Practicing Disruptive Innovation While Staying On Top Of Big Data Waves". Forbes Magazine.
  2. ^ a b "Infinidat quietly files THIRTY-NINE patents. Let's take a closer look". The Register.
  3. ^ Harris, Robin. "Infinidat shakes up enterprise storage market - ZDNet". ZD Net.
  4. ^ a b c Rubin, Eliran (4 October 2017). "Israeli-U.S. Data-storage Startup Infinidat Raises $95 Million". Haaretz.
  5. ^ a b "Goldman Sachs targets $40bn storage world with multi-million Dollar investment into Infinidat". Data Economy. 4 October 2017.
  6. ^ "OpenIO Secures $5 Million in VC Funding". www.datamation.com. Datamation.
  7. ^ "Infinidat to flog Brocade storage networking gear". The Register.
  8. ^ Barker, Colin. "Infinidat looks at how storage can evolve to work with the cloud - ZDNet". ZD Net.
  9. ^ "Data Storage Startup Raises $95 Million, Making it Israel's Latest High-Tech "Unicorn"". The Tower.
  10. ^ "Infinidat Worth $1.6 billion after Goldman Sachs Investment". Boston Business Journal. October 3, 2017.

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