Company:Infinidat

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Short description: Israeli-American data storage company
Infinidat
TypePrivate
IndustryData storage
Founded2011[1]
FounderMoshe Yanai
HeadquartersWaltham, MA
Herzliya, Israel
Area served
Worldwide
Key people
Phil Bullinger (CEO)
Shahar Bar-Or(CPO)
Alon Rozenshein(CFO)
Websitewww.infinidat.com

Infinidat is an Israeli-American data storage company.

History

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

In 2013 the company filed for thirty-nine patents,[3] and later that year released its flagship product, the InfiniBox. 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

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

  1. Gil Press. "5 Rules For Practicing Disruptive Innovation While Staying On Top Of Big Data Waves". Forbes.com. https://www.forbes.com/sites/gilpress/2017/09/11/5-rules-for-practicing-disruptive-innovation-while-staying-on-top-of-big-data-waves/#79f8afed47fe. Retrieved 2021-12-31. 
  2. 2.0 2.1 Press, Gil. "5 Rules For Practicing Disruptive Innovation While Staying On Top Of Big Data Waves". Forbes Magazine. https://www.forbes.com/sites/gilpress/2017/09/11/5-rules-for-practicing-disruptive-innovation-while-staying-on-top-of-big-data-waves/#732e7b677780. 
  3. 3.0 3.1 "Infinidat quietly files THIRTY-NINE patents. Let's take a closer look". The Register. https://www.theregister.co.uk/2014/02/17/big_data_startup_patents/. 
  4. Harris, Robin. "Infinidat shakes up enterprise storage market - ZDNet". ZD Net. http://www.zdnet.com/article/infinidat-shakes-up-enterprise-storage-market/. 
  5. 5.0 5.1 5.2 Rubin, Eliran (4 October 2017). "Israeli-U.S. Data-storage Startup Infinidat Raises $95 Million". Haaretz. https://www.haaretz.com/israel-news/1.815764. 
  6. 6.0 6.1 "Goldman Sachs targets $40bn storage world with multi-million Dollar investment into Infinidat". Data Economy. 4 October 2017. https://data-economy.com/goldman-sachs-targets-40bn-storage-world-multi-million-dollar-investment-infinidat/. 
  7. "OpenIO Secures $5 Million in VC Funding". Datamation. https://www.datamation.com/storage/openio-secures-5-million-in-vc-funding.html. 
  8. "Infinidat to flog Brocade storage networking gear". The Register. https://www.theregister.co.uk/2015/12/01/infinidat_reselling_brocade_storage_networking_gear/. 
  9. Barker, Colin. "Infinidat looks at how storage can evolve to work with the cloud - ZDNet". ZD Net. http://www.zdnet.com/article/infinidat-looks-at-how-storage-can-evolve-to-work-with-the-cloud/. 
  10. "Data Storage Startup Raises $95 Million, Making it Israel's Latest High-Tech "Unicorn"". The Tower. http://www.thetower.org/5550-data-storage-startup-raises-95-million-making-it-israels-latest-high-tech-unicorn/. 
  11. "Infinidat Worth $1.6 billion after Goldman Sachs Investment". Boston Business Journal. October 3, 2017. https://www.bizjournals.com/boston/news/2017/10/03/infinidat-worth-1-6b-after-goldman-investment-of.html.