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Big Data Journal: Article

Skyera Gets Better than $51M in Funding

Naturally it supports the cloud, Big Data, increased mobility and social networking
By Maureen O'Gara
Article Rating:
February 22, 2013 09:15 AM EST
Reads:
 4,125

Skyera has gotten $51.6 million in series B financing led by Dell Ventures and a syndicate of other strategic investors to accelerate its next-generation enterprise solid-state storage solutions.

Skyera is supposed to be positioned at the forefront of the hyper-growth solid-state storage sector and is supposed to enable a large class of applications with "extraordinarily fast performance, exceptionally lower power consumption, high density and cost effectiveness relative to existing enterprise storage systems."

Naturally it supports the cloud, Big Data, increased mobility and social networking.

The general availability of Skyera's skyHawk series of enterprise solid-state storage systems is supposed to mark the first time that the new-generation 19/20nm solid-state technology can be used to replace the traditional hard disk-based system, at a system price of less than $3 a gigabyte.

Data compression and deduplication can bring the effective price down to $1 a gigabyte. Obviously Dell means to sell the stuff.

Gartner expects the flash memory market to grow from $393 million in 2012 to nearly $4.2 billion in 2016.

Published February 22, 2013 – Reads 4,125
Copyright © 2013 SYS-CON Media, Inc. — All Rights Reserved.
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More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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