SanDisk Ventures invests in Nexenta Systems

SanDisk Corporation, a leading provider of flash storage solutions, today announced an investment in Nexenta Systems, a provider of software defined storage (SDS) solutions.

Nexenta’s software-only platform, NexentaStor, delivers high-performance, scalable and cost-effective storage solutions for both private and public cloud environments.  The company has over 5,000 customer deployments with more than 800 petabytes of storage under management.  Nexenta partners with key technology vendors, including Dell, Cisco and others, to support cloud deployments built on CloudStack and OpenStack solutions.

nexenta_logo_tag_1400SDS solutions ease overall data management while improving application performance and lowering the total cost of ownership for datacenter operators by leveraging the ability of SDS to intelligently assign data to the most optimal storage hardware tier. Industry analysts have identified SDS as one of the hottest trends in enterprise storage.

“SDS and flash-based storage solutions are both complementary and disruptive technologies in the enterprise,” said Sumit Sadana, executive vice president and chief strategy officer at SanDisk.  “Together, these technologies offer the capability to deploy high-performance, scalable solutions with significantly improved total cost of ownership that customers are looking for.  We are looking forward to collaborating with Nexenta to optimize SDS solutions for flash technology in enterprise applications.”

“SanDisk and Nexenta have been leading in their respective segments in the industry with operational excellence, customer and partner intimacy and advanced technology innovation around a shared vision,” said Tarkan Maner, chief executive officer at Nexenta.  “We are excited to partner with industry leaders like SanDisk to revolutionize the enterprise storage market.”

Terms of the investment were not disclosed.