Dubai PR Network, Online Press Release from Dubai and Middle East
 
Technology, Computers & IT(Technology)
Filter PR by
  
SANDISK VENTURES INVESTS IN CLOUD STORAGE SOLUTIONS PROVIDER PANZURA, EXTENDING ENTERPRISE STORAGE FOCUS
 

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash memory storage solutions, announced its venture arm SanDisk Ventures, has invested in Panzura, a provider of flash-based network attached storage (NAS) solutions for enterprise companies. Panzura's scalable offering uses flash memory to store data off-premise in the “cloud,” reducing customer system, support, administration, power and cooling costs.

SanDisk participated in Panzura's recent Series D funding round and joins Meritech Capital, Matrix Partners, Khosla Ventures, Opus Capital and Chevron Technology Ventures as Panzura backers. Specific financial terms of the SanDisk investment were not disclosed.

“Panzura's innovative global NAS cloud infrastructure solution offers numerous benefits compared to traditional on-premise NAS offerings,” said Sumit Sadana, executive vice president and chief strategy officer of SanDisk. “Panzura is another excellent example of the important role flash memory is playing in the transformation of the enterprise.”

Panzura optimizes enterprise data storage management and distribution in the cloud, making storage simpler and more secure. Panzura's global cloud storage solution combines the flexibility, performance and productivity benefits of distributed storage with the manageability, security and cost benefits of centralized storage. With Panzura, the physical location of where data resides no longer affects how it is used. Additional information regarding Panzura may be found at panzura.com.

“Panzura welcomes the opportunity to build a closer relationship with SanDisk,” said Randy Chou, CEO and co-founder of Panzura. “SanDisk's technical expertise and market presence will be invaluable as we continue our focus on growing our business in the cloud storage controller market.”


Posted by : Dubai PR Network Editorial Team
Viewed 11529 times
PR Category : Technology
Posted on : Tuesday, July 2, 2013  3:02:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Enterprise Mobility Set To Change To The Structure Of Its Ne...
Next Story : Golden Systems, NVIDIA, GIGABYTE And COOLER MASTER Team Up T...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
HONOR MagicBook Series is Perfect for Fashion Forward, Design Conscious Individuals Across... [4670-Views]
Vatika Launches Natural Hair Food, an Effective Solution for Dry Hair [3268-Views]
Omega Announces Its Role as the Official Timekeeper of the 36th America's Cup [3173-Views]
Foreo Reveals 5 Ways to De-Stress Your Skin [3165-Views]
DTTAG New Executive Committee to Manage Post Covid 19 Return to Normalcy of Travel [3091-Views]
The Best Omega Sunglasses For a Long-Awaited Summer [2899-Views]
Emirates Post Unveils Modern New Website and Look [2677-Views]
Ethical JLT Salon THT is Supporting those whose Jobs have been affected during COVID-19 w... [2640-Views]
Urgent Implementation of ICAO COVID-19 Guidelines Needed [2628-Views]
FEM Collaborates with Arab Comedian Maya Acra to Address the Taboo Around the Topic of Hai... [2526-Views]
Sony Middle East & Africa Introduces New Digital Camera ZV-1, designed for Vlogging in the... [2472-Views]
Karl Lagereld Drives Digital Innovation With Launch of the “Maison Karl Lagerfeld” Game. [2448-Views]
Innovating to Fight COVID-19: Four Ways Drones are Contributing [2398-Views]
Blue Ocean for Islamic Finance Industry [2394-Views]
Commodity Weekly: Crude Oil Frets Geopolitics, Sluggish Demand Bounce [2259-Views]
Ericsson's USA 5G Factory: Staffed by Professionals – Trained by VR [2165-Views]
Airline Debt to Balloon by 28% [2116-Views]
The Ultimate At-Home Facial [2066-Views]
Twentieth “World Milk Day” Sees NFPC Innovate With New Products That Meet Changing Consume... [1960-Views]
Parmigiani Fleurier Toric Fleur [1960-Views]
Al Tayer Motors and Premier Motors Honour UAE's COVID-19 Frontline Heroes [1960-Views]
80th Anniversary of Maserati's Targa Florio Victory Maserati Tests an Mc20 Prototype on th... [1935-Views]
Sony Middle East and Africa and Gearbox team up to offer rental services of latest digital... [1915-Views]
WTTC Launches Safe Travels Protocols for Aviation, Airports, MICE and Tour Operators [1902-Views]
Tips for Keeping Your Smartphone Clean [1870-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories