Elastifile raises $8 million in Series A

Posted Jan 14, 2014

Elastifile is a storage technology company that has raised $8 million in Series A from Battery Ventures and Lightspeed Venture Partners. Battery Ventures general partner Itzik Parnafes and Lightspeed Venture Partners partner David Gussarsky is joining Elastifile?s board. Elastifile focuses on building storage services for software-defined data centers and private clouds.

?Elastifile?s unique, built-from-the-ground-up, flash-dedicated architecture will deliver an elastic scale-out solution, which the new breed of fast-growing data centers and private clouds need ? at an unmatched price-performance ratio,? stated Elastifile CEO Amir Aharoni. ?And we could not ask for better partners in this venture than Battery and Lightspeed, two firms with extensive experience and track records of success in the fast-growing, enterprise-storage market.?

Based in Herzliya, Israel, Elastifile was founded by Amir Aharoni, Shahar Frank, and Roni Luxenburg.