Kazan Networks closes $ 4.5 million Series A round of financing

13:20
Kazan Networks closes $ 4.5 million Series A round of financing -

Kazan Networks, a private start-up founded in December 2014 by network storage veterans, has closed a $ 4.5M series a financing round led by Samsung Ventures - with participation from Intel Capital and Western digital Corporation

As solid state disks (SSD) used in the data storage centers have made a leap forward in speed and capacity, cloud services providers would need faster interfaces. moving data between the storage medium and the network. Kazan Networks has developed a sub-latency solution 1US NVMe (Non-Volatile Memory Express) on tissues , which connects "high performance" storage server racks in the data center.

"fundraising these days are not trivial, but ended with a round oversubscribed, which I think speaks to the strength of our management team and the product", said Joe Steinmetz, CEO of Kazan Networks . "This tour sets us up well to continue to grow the team and executing our roadmap to 2016 and beyond."

kazan networks Kazan Networks The technology based on Ethernet would not only provide a low-latency solution, but also implement the two varieties of RDMA over Ethernet acceleration. RoCE and iWARP Simultaneous means that customers do not have to worry about selecting a protocol on the other.

"NVMe on fabrics is key to support the attachment of thousands of NVMe SSD in modern ladder rack designs," said Amber Huffman, Intel Fellow in the non-volatile group Memory Solutions at Intel Corporation and chairman of express NVMe Workgroup (nvmexpress.org) . "Kazan Networks has been a leader in setting standards, and their products allow the ecosystem to connect storage for an integrated tissue . "

Intel Capital, Intel's strategic investment and M & A organization, back startups targeting computer and intelligent devices, cloud, data center, security, the internet of Things (IoT) , mobiles and robotics technologies and manufacturing of semiconductors. Since 1991, Intel Capital has invested $ 11.7 billion in 1457 companies in 57 countries.

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