SolidFire, which is building a ‘next-generation’ cloud computing storage platform, has raised $11 million in Series A funding led by New Enterprise Associates with current investors Valhalla Partners and Novak Biddle Venture Partners joining the round (via TechCrunch).
The startup will be launching a beta product ‘later this year’. SolidFire will be using the capital to expand by hiring new people and the opening of an office in Boulder, Colorado.
SolidFire was founded by Dave Wright, who earlier founded Jungle Disk, which leverages Rackspace and Amazon S3 infrastructures to provides reliable, virtually unlimited scalability for any level of data storage. Jungle Disk was acquired by Rackspace in October 2008. Prior to Jungle Disk, he was Chief Architect at IGN / GameSpy / Fox Interactive Media.
In conjunction with the funding round, NEA General Partner Harry Weller will join SolidFire’s board of directors alongside Valhalla GP Charles Curran, and Novak Biddle GP Phil Bronner. Also joining the SolidFire board is former LeftHand Networks CEO Bill Chambers.