dcn-na logo
Story image

Western Digital invests in Excelero to drive data center innovation

17 Aug 2018

Excelero has received strategic investment funds from Western Digital Capital.

This investment represents the fourth strategic investment Excelero has received since its inception, bringing the total funds invested to US$35 million.

The company asserts it will be using the funds to accelerate its go-to-market activities around the world, as enterprises embrace web-scale architectures and seek agility, scalability and efficiency to grow their operations.

"Analytics, machine learning, advanced visualization and AI are driving organizations to embrace new scale-out IT architectures, and they can't do it with traditional storage architectures," says Excelero CEO and co-founder Lior Gal.

"We're honored to receive this strategic funding from Western Digital Capital, and to embark on a technical collaboration with Western Digital. We look forward to accelerating our go-to-market efforts together as we drive innovation in data center technologies."

In addition to investment, Excelero and Western Digital have launched technical collaboration to offer web-scale storage solutions, combining Excelero’s NVMesh software-defined block storage solution along with Western Digital’s NVMe SSD hardware.

"Excelero has developed a software-defined block storage solution designed to redefine storage for web-scale applications. The company is addressing an important and growing challenge associated with traditional architectures and we are pleased to support their efforts," says Western Digital Capital president Mark Long.

Long says Western Digital is committed to providing a variety of options to customers to solve the increasing challenge of managing AI, real-time analytics and other Fast Data applications.

“Our new OpenFlex architecture and products allow for the independent scaling of compute, storage and network resources, with orchestration and management enabled through an open API,” says Long.

“We look forward to working with Excelero to integrate and advance our technologies to create even more powerful solutions for customers in data-centric businesses."

Excelero says the funding from Western Digital Capital caps off a strong Q2 2018 for the company, after it posted a 50 percent revenue rise from the previous quarter, representing the fifth consecutive quarter of 50 percent revenue growth or better since the company’s first customer revenue, prior to its March 2017 launch.

Story image
Nutanix launches solutions designed to empower IT teams working remotely
Nutanix has launched new solutions for cloud infrastructure management, enabling IT teams to deploy, upgrade and troubleshoot cloud software from anywhere, whether at home or from a central office location.More
Story image
DE-CIX financials reflect on 2019 as major growth year
The growth is spread over 20 locations worldwide, with notable successes in North America and Europe.More
Story image
Robot-related services powered by cloud computing to soar - research
The journey of the robot industry from one of individual vehicles and units, to fleets and larger systems, is being driven by its wider incorporation into the IoT ecosystem. More
Story image
Cloudflare creates Workers Unbound platform for serverless development
Cloudflare will continue to offer the original Cloudflare Workers model, now known as Cloudflare Workers Bundled. Cloudflare Workers Unbound now allows developers using the Cloudflare Workers platform to create more complex applications.More
Story image
QNAP launches NAS engineered for backup, recovery & virtualisation
“The TS-431X3 provides comprehensive local, off-site and cloud backup and secure Snapshot technology to help create a reliable backup and disaster recovery plan."More
Story image
Vertiv looks to dominate edge infrastructure market, ramps up partner investment
Vertiv has made key additions to its award-winning Vertiv Partner Programme (VPP) including benefits for channel resellers, as well as an enhanced suite of edge-ready products.More