Zadara, the virtual private storage array startup, has pulled in $25 million in a C-round of funding, to take its total raised past $60 million.
The round was led by IGP Capital with participation from existing investors. Its closing is conditional upon the approval of the general meeting of Zadara.
The company will use the cash to expand worldwide sales, devops and engineering teams and its service provider partner channel. The money will also help it develop its service offering.
Zadara arrays are available via public clouds, including AWS, Google Cloud Platform and Azure, managed service providers, data centres, colocation partners, and on-premises in customer data centres.
The devices deliver file, block and object services, and customers pay according to usage. Zadara has upcoming all-flash arrays with compression and deduplication.
The company was founded in 2011, and had an A-round in 2012, a B-round in 2013 with a second instalment in 2015. Three years later we have this $25 million. In summary that is seven years development averaging $8.5 million per year. This is steady, rather than rocket-like, progress.
