Infinidat provides multi-petabyte data storage solutions designed to manage demanding workloads. The company focuses on scalable storage products and ongoing technical research and product development. Recent initiatives emphasize flexible consumption models to meet evolving customer demand. Infinidat reported having shipped over 6 Exabytes worldwide, including 1 Exabyte in the prior six months. Leadership changes accompany its growth plans, including the appointment of Boaz Chalamish as Executive Chairman and several executive promotions. The company was founded in 2011 and is based in Waltham, Massachusetts. Infinidat is a Waltham, MA- and Herzliya, Israel-based provider of petabyte-scale data storage solutions. It uses a software-focused architecture to deliver sub-millisecond latency and hyperscale capacity while claiming a lower total cost of ownership than incumbent storage technologies. The company serves several hundred enterprise customers, including the world’s largest telcos, banks and cloud service providers. Founded in 2011 by Moshe Yanai, it is led by Yanai (Chairman and CEO), Izhar Sharon (President), and Brian Carmody (CTO). Infinidat has about 500 employees across 17 countries. It secured a $95M Series C and has raised $325M in total; it intends to use the proceeds to continue to expand its business reach. Infinidat delivers next-generation enterprise-class storage through its InfiniBox solution, offering multi-petabyte capacity in a single rack with continuous data protection and extensive automation. The InfiniBox claims mainframe-class reliability (99.99999% availability) and over 750K IOPS and is in production at multiple Fortune 500 companies. The company leverages a patented Infinidat Storage Architecture and commodity hardware to combine solid state and hard disk drives, aiming to reduce cost, complexity, and operational overhead. Infinidat emphasizes simplified management, high performance, and capacity efficiency to address growing data scale and cost pressures. Financially, the company announced a $150 million investment led by TPG Growth, bringing total funding to $230 million and a post-money valuation of $1.2 billion. TPG will join Infinidat's board; additional terms of the transaction were not disclosed.

Total raised

$245M

Funding rounds

3

Latest round

Series C

Latest activity

Oct 2017