Memblaze (Beijing Yiheng Chuangyuan) is a provider of enterprise NVMe SSDs, founded in 2011 and has focused on the enterprise SSD market for 10 years. The company develops the PBlaze series of enterprise SSD products, which are used across databases, virtualization, cloud computing, big data and artificial intelligence. Memblaze emphasizes independent R&D and has accumulated multiple domestic and international patents in firmware algorithms, SSD front-end design, flash management and access, operating systems and testing, storage software, and hardware design. Its products serve more than 800 enterprises across internet, cloud services, finance and telecom sectors. Company leadership says the new funding will accelerate its布局 in intelligent-application data storage and processing and meet diversified market needs. The company recently completed a several-hundred-million-yuan E round. Memblaze develops enterprise-grade NVMe SSDs (PBlaze series) and storage solutions used across databases, virtualization, cloud computing, big data and AI. The company says its PBlaze drives serve more than 600 enterprise customers in internet, cloud services, finance and telecom. Founded in 2011 in Beijing, Memblaze emphasizes independent R&D and holds multiple domestic and international patents across flash management, hardware and storage software. The firm has positioned its products to address demand from 5G, AI, IoT, edge computing and new infrastructure projects. Memblaze plans to expand its enterprise SSD market presence, deepen product development for intelligent application scenarios, and build a global data storage ecosystem with industry partners. The company recently completed a financing round to support those expansion plans. Memblaze is a Beijing, China–based developer and manufacturer of flash storage products and a provider of data-processing acceleration services for large data centers. The company was co-founded in 2011 by Yin Xuebing and Lu Xiangfeng and serves key Chinese customers including Baidu, Qihoo 360 and Tencent. It maintains offices and business development channels in North America and Europe and has built distribution systems in Japan, South Korea and Southeast Asia. On 21 December 2015 Memblaze completed a Series C round of financing of tens of millions of US dollars. Backers included The General Technology Venture Capital Co., Ltd. (GTVC) – managed fund and Qualcomm Incorporated through Qualcomm Ventures. The company intends to use the funds to continue investing in technology R&D, hire new people, expand its sales channels, and strengthen cooperation with international chip, server and solution manufacturers.

Total raised

$30M

Funding rounds

3

Latest round

Series D

Latest activity

Nov 2020