Infinidat is an Israeli-American data storage company.

History

Infinidat was founded by Moshe Yanai in 2011. By 2015 it was valued at $1.2 billion, and in 2017 it was valued at $1.6 billion. The company has offices in 17 countries and two headquarters: one in Waltham, MA and one in Herzliya, Israel.

InfiniBox

In 2013 the company filed for thirty-nine patents, and later that year released its flagship product, the InfiniBox. Each system initially managed about five petabytes of data. As of October 2017, the company had shipped about two exabytes worth of storage to its customers. The company uses conventional and flash storage, and has a better than one million IOPS performance and 99.99999 percent reliability. The product is used by large corporations and clients including cloud service providers, telecoms, financial services firms, healthcare providers, and others that require large amounts of data storage.

Funding

In 2015 the company received $150 million in funding during its Series B round led by

TPG Growth TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American investment company based in Fort Worth, Texas. The private equity firm is focused on leveraged buyouts and growth capital. TPG manages investment funds in growth ...

. In 2017, the company received $95 million in funding, in a Series C round led by

Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...

. At this stage it had received $325 million in total funding.

References

{{reflist Software companies established in 2011 Technology companies of Israel Technology companies of the United States Software companies based in Massachusetts Computer storage companies Software companies of the United States 2011 establishments in the United States 2011 establishments in Massachusetts Companies established in 2011