Skyera develops enterprise solid-state storage systems for data-intensive customers. The company announced a $51M Series B round to scale its business across marketing, sales, and engineering, according to CEO Radoslav Danilak. The financing is described as an extension of a strategic relationship with Western Digital that includes joint technology development. Western Digital previously served as Skyera's initial outside investor. Dell Ventures is another backer and also participated in this round. The article cites a Gartner estimate that corporate spending on solid-state drives is expected to grow significantly, underscoring market opportunity. Skyera faces competition from incumbents and peers including EMC, Fusion-io, STEC, Violin Memory, and OCZ.

Total raised

$51M

Funding rounds

1

Latest round

Series B

Latest activity

Mar 2013