ScaleIO Raises $12 Million In A Series A Round
ScaleIO is a storage startup company that has raised $12 million in funding from Greylock Partners, Norwest Venture Partners, and several private investors. ScaleIO will be using the funding to expand their field operations out of response to a growing demand from enterprises and service providers for the ScaleIO ECS software.
ScaleIO ECS helps eliminate the dependence on complex and expensive external storage area network (SAN) and fabric by presenting business application servers’ local disks as a shared virtual SAN.
“We are a ScaleIO customer. ScaleIO ECS, in our experience, has had a dramatic effect on the overall price-performance of HANA. ECS delivers the same quality of service and performance as a traditional appliance-based SAN at a much lower cost. ScaleIO ECS would be an excellent fit for any HANA customer,” stated SAP SVP Jacob Klein.
The storage industry veterans that work at ScaleIO have worked together for around 15 years. They have designed and developed storage software products at IBM, Topio, NetApp, LSI, and XtremIO. The team members at the company have around 20 data storage patents as of right now. Their customers include SAP, Check Point Software, Colt, and Are Lingus.