Skyera Raises $51 Million From Western Digital Capital

Posted Mar 13, 2013

Skyera is an enterprise solid-state storage systems company that has raised $51 million in funding from Western Digital Company, the venture capital arm of the hard drive company.  Western Digital Capital’s investment is strategic since the two storage solutions company entered a joint agreement.  It is unclear what Skyera and Western Digital will be working on together, but most likely it will be built on Skyera’s enterprise solid-state storage.

Skyera’s skyHawk solid-stage storage product is priced at less than $3 per gigabyte, which is a great price for the industry.  SkyHawk’s launch was the first time that the latest generation of 19/20nm solid-state technology could be used as a direct replacement for traditional hard disk systems.

?The backing of Western Digital has enabled us to ramp our business across marketing, sales and engineering which has been instrumental in creating the industry?s most innovative solid-state solution,? stated Skyera CEO Radoslav Danilak. ?With our skyHawk family of enterprise solid-state storage systems we are witnessing the next era of solid-state storage and I strongly believe that having a close working relationship with Western Digital, the world?s top disk drive vendor, is invaluable as we set out to reshape the storage landscape.?