TwinStrata's CloudArray control panel
(WEB HOST INDUSTRY REVIEW) – Cloud-based storage provider TwinStrata (www.twinstrata.com) announced on Thursday that it has closed an $8 million Series B round of funding. According to the press release, Avalon Ventures led the investment round.
TwinStrata says it will use the investment to expand sales and marketing efforts for its CloudArray solution.
“With this funding, our investors have demonstrated their continued confidence in the market growth opportunity for TwinStrata’s cloud storage gateway solutions,” Nicos Vekiarides, CEO of TwinStrata said in a statement. “Our recently announced distribution partnerships with DataCore and Veeam are a testament to the growing interest in cloud storage and cloud backup solutions.”
The Twinstrata CloudArray cloud storage gateway is available in both virtual and physical appliance configurations, according to the press release. It enables customers to connet applications and backup infrastructure to the cloud.
TwinStrata says CloudArray supports various public and private cloud storage providers including AT&T, Amazon, Rackspace, OpenStack, EMC Atmos, Mezeo, Nirvanix, PEER1 and Scality.
CloudArray also features dynamic caching, in-flight/at-rest data encryption, deduplication, bandwidth optimization, in-cloud snapshots and high availability.
“TwinStrata’s unique technology and open partner ecosystem have enabled them to emerge as a dominant player in the cloud storage space,” Rich Levandov, managing director at Avalon Ventures said in a statement. “We are excited about the momentum building around CloudArray and are confident that TwinStrata has the management expertise and technological capabilities to build on its success and solidify its leading position in this market.”
About Nicole Henderson
Nicole Henderson writes full-time for the Web Host Industry Review where she covers daily news and features online, as well as in print. She has a bachelor of journalism from Ryerson University in Toronto, and has been writing for the WHIR since September 2010. You can find her on Twitter @NicoleHenderson.
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