Pliant Technology develops solid state storage devices for the enterprise computing market.
Business Model:
Revenue: $10M
Employees: 2-10
Pliant Technology was acquired by
SanDisk.
The acquisition happend on 2011-05-16.
Details of the transaction were not public
Address:
City: Milpitas
State: California
Zip:
Country: United States
Pliant Technology is developing a new class of solid state drive storage devices for the enterprise computing market: Enterprise Flash Drives (EFDs). EFDs integrate seamlessly into existing enterprise information systems, and are designed to dramatically improve the performance, reliability, energy efficiency, and TCO of enterprise data center storage systems. Pliant EFDs are ideal for a range of data I/O (input/output) intensive enterprise applications, such as trading floors, financial transactions, VOD, airline reservation systems, e-commerce, and Web 2.0 applications. Pliant’s EFD is a disruptive solution that offers breakthrough performance and reliability improvements over today’s highest performing hard drive and consumer solid state storage devices (SSD). EFDs enable enterprise data centers to do “much more for less†– achieve more performance and reliability with less cost, energy and space. One EFD can replace many (100+) enterprise HDDs (10K/15K RPM) for performance, and by combining EFDs with high capacity HDDs, today’s storage racks can be reduced to storage shelves saving power (up to 80%), space and money. Based on an advanced software architecture and proprietary ASIC design, Pliant’s EFD changes the storage system paradigm while meeting growing “Green IT†energy efficiency. Pliant was established by a team of executives and engineers from Fujitsu, Maxtor and Seagate with an unparalleled track record of success in the data storage industry.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2010 | Venture Round | 4 | $27.3M |
Lightspeed Venture Partners Arcturus Capital Divergent Ventures Menlo Ventures Lightspeed Venture Partners Arcturus Capital Divergent Ventures Menlo Ventures |
3/2009 | Series C | 4 | $15M |
Divergent Ventures Arcturus Capital Menlo Ventures Lightspeed Venture Partners Divergent Ventures Arcturus Capital Menlo Ventures Lightspeed Venture Partners |
2/2008 | Series A | 1 | $8M |
Lightspeed Venture Partners Lightspeed Venture Partners |
3/2008 | Series B | 2 | $4.1M |
Arcturus Capital Lightspeed Venture Partners Arcturus Capital Lightspeed Venture Partners |
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