SoftIron Receives $7M Funding and Introduces Zero-Risk Storage

NEWARK, Calif., Sept. 11, 2017 /PRNewswire/ -- SoftIron®, the creator of zero-risk enterprise data storage, recently completed a $7 million funding round led by Earth Capital Partners (ECP) through its Nobel Sustainability Fund initiative. ECP invests in sustainable technology sectors to accelerate companies for growth, expansion, and acquisition. ECP made the investment because SoftIron has re-designed enterprise storage from the ground up to be highly energy efficient while delivering outstanding performance.

Richard Smith, ECP partner, explains, "The Nobel Sustainability Fund helps drive innovation with positive sustainability. Resource efficiency, particularly regarding energy, is critical when paired with solutions that offer compelling financial, performance, and commercial benefits. This is what SoftIron is aggressively targeting, and we are excited to support SoftIron at a critical point in the company's development and expansion."

Introducing Zero-Risk Enterprise Data Storage
SoftIron believes that it's time to give enterprises better choices and a fair deal when it comes to purchasing new storage. High-end storage vendors can be far from easy to work with due to vendor-lock-in and expensive contracts. DIY solutions that use a software-defined storage (SDS) platform and commodity hardware are less expensive, but tend to be less reliable.  Neither option is ideal.

SoftIron has completely redesigned how enterprises buy and utilize storage with its zero-risk approach:

• Transparent, upfront pricing. SoftIron's customer-friendly approach eliminates expensive contracts and steep upfront capital outlays.
• Freedom from software vendor lock-in.  SoftIron's HyperDrive storage platform interoperates with any other solution running Ceph. Enterprises can now build a cost-effective data center that truly scales in both capacity and throughput.
• Complete one-vendor solution. SoftIron designs, builds, and supports the entire HyperDrive technology stack. In addition to substantial cost and performance benefits, enterprises no longer need to deal with multiple vendors.
• Try HyperDrive for 90 days. Enterprises can test drive a 192 TB pre-configured trial cluster in their own data center for around 1 cent per GB/month.

"We strongly believe that enterprises should have more choices when it comes to storage," says Tim Massey, SoftIron CEO. "Our engineers have shattered the traditional limitations of storage to create HyperDrive, an SDS appliance that is built on Ceph and runs at wire speed. We've also made it easy to try a pre-configured 192 TB HyperDrive cluster with a simple path to turn it into a production-ready cluster after the trial ends."

Take HyperDrive for a Test Drive 
Enterprises can test drive a special HyperDrive trial cluster for 90 days. If they choose to continue using the cluster after the 90 day trial, they'll be converted to a pay-as-you-go subscription. No commitment is required.

The HyperDrive trial package includes:

• 192TB raw capacity in 5U space
• 4 storage nodes
• 1 combined monitor and administrator node (easily expandable for production scale-out)
• 10GBaseT networking
• Consultation with a SoftIron storage expert
• Hardware and software technical support

Visit http://www.softiron.com/testdrive to learn more and start a trial.

About SoftIron
SoftIron® makes the world's finest solutions for the data center.  The company's HyperDrive™ software defined storage portfolio is built on Ceph and runs at wire speed, while Hypercast™ delivers the best density and value for real-time video streaming.  SoftIron unlocks greater business value for enterprises by delivering great products without software and hardware lock-in.  Learn more at softiron.com.

Learn more about SoftIron:

• On the web at http://www.softiron.com
• Follow @SoftIronNews on Twitter for the latest news and product updates
• Find SoftIron on LinkedIn for trends and wins

SOURCE SoftIron

Related Links

http://www.softiron.com