SolidFire

SolidFire

Creates storage and data management solutions that are designed to help customers accelerate business breakthroughs and achieve outstanding cost efficiency.

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$870m

Valuation: $870m

Acquisition
Total Funding000k
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SolidFire, acquired by NetApp for $870 million in February 2016, specializes in all-flash storage systems designed for next-generation data centers. Founded in 2010, the company addresses the challenges of delivering high-performance applications from multi-tenant infrastructures. SolidFire's solutions offer simple scaling, set-and-forget management, and assured performance, making it a market leader in the rapidly evolving storage sector. The company's architecture includes volume-level Quality of Service (QoS) controls, distributed self-healing, and webscale capabilities, ensuring guaranteed storage performance and seamless scalability. SolidFire serves a diverse range of clients, from large cloud infrastructures to enterprises transitioning to next-gen data centers. The business model focuses on providing scalable, high-performance storage solutions that integrate with cloud frameworks like OpenStack and VMware. Revenue is generated through the sale of storage systems and associated services, leveraging cloud economic models to drive market growth. SolidFire's active participation in the cloud community and its extensive integrated storage management capabilities further enhance its market position.

Keywords: all-flash storage, data centers, scalability, multi-tenancy, QoS controls, cloud frameworks, OpenStack, VMware, NetApp acquisition, storage performance.

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