*NEWS: Enterprise Cloud Storage Hardware Startup Raises $25 Million
A startup that develops enterprise cloud storage hardware and related storage services, announced Thursday that it raised $25 million. The funding for Zadara, with HQ in Irvine, was led by IGP Capital, and also included the company’s existing investors. Zadara has now raised a total of over $60 million in equity, according to the company.
Zadara uses a combination of “industry-standard hardware” and patented software to deliver enterprise-class data storage and management, with the convenience of the cloud. Customers have flexibility of choice when it comes to their installations as Zadara supports all protocols, data types and locations.
The compnay employs a usage-based pricing model so customers only pay for the storage they consume, so they can scale their capacity up and down as their needs change.
Zadara is available via public clouds, including AWS, Google Cloud Platform and Azure, as well as managed service providers, data centers, co-location partners, and on-premises in customers’ data centers.