Infinidat

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Infinidat
Private
IndustryData storage
Founded2011[1]
FounderMoshe Yanai
HeadquartersWaltham, MA
Herzliya, Israel
Websitewww.infinidat.com

Infinidat is an Israeli-American data storage company.

History[edit]

Infinidat was founded by Moshe Yanai[2][3] in 2011.[4] By 2015 it was valued at $1.2 billion,[2] and in 2017 it was valued at $1.6 billion.[5] The company has offices in 17 countries and two headquarters: one in Waltham, MA and one in Herzliya, Israel.[6]

InfiniBox[edit]

In 2013 the company filed for thirty-nine patents,[3] and later that year released its flagship product, the InfiniBox. The product employs machine learning algorithms in order to increase the efficiency of low-cost hardware. Each system initially managed about five petabytes of data.[5] As of October 2017, the company had shipped about two exabytes worth of storage to its customers. [7][8] The company uses conventional and flash storage, and has a better than one million IOPS performance and 99.99999 percent reliability.[9] The product is used by large corporations and clients including cloud service providers, telecoms, financial services firms, healthcare providers, and others that require large amounts of data storage.[10]

Funding[edit]

In 2015 the company received $150 million in funding during its Series B round led by TPG Growth.[11] In 2017, the company received $95 million in funding,[5] in a Series C round led by Goldman Sachs. At this stage it had received $325 million in total funding.[6]

References[edit]

  1. ^ https://www.forbes.com/sites/gilpress/2017/09/11/5-rules-for-practicing-disruptive-innovation-while-staying-on-top-of-big-data-waves/#79f8afed47fe
  2. ^ a b Press, Gil. "5 Rules For Practicing Disruptive Innovation While Staying On Top Of Big Data Waves". Forbes Magazine.
  3. ^ a b "Infinidat quietly files THIRTY-NINE patents. Let's take a closer look". The Register.
  4. ^ Harris, Robin. "Infinidat shakes up enterprise storage market - ZDNet". ZD Net.
  5. ^ a b c Rubin, Eliran (4 October 2017). "Israeli-U.S. Data-storage Startup Infinidat Raises $95 Million". Haaretz.
  6. ^ a b "Goldman Sachs targets $40bn storage world with multi-million Dollar investment into Infinidat". Data Economy. 4 October 2017.
  7. ^ "OpenIO Secures $5 Million in VC Funding". www.datamation.com. Datamation.
  8. ^ "Infinidat to flog Brocade storage networking gear". The Register.
  9. ^ Barker, Colin. "Infinidat looks at how storage can evolve to work with the cloud - ZDNet". ZD Net.
  10. ^ "Data Storage Startup Raises $95 Million, Making it Israel's Latest High-Tech "Unicorn"". The Tower.
  11. ^ "Infinidat Worth $1.6 billion after Goldman Sachs Investment". Boston Business Journal. October 3, 2017.