Receives over $31 million in funding; enhances cloud storage platform
Cleversafe, a cloud storage platform vendor, last week announced that it has receive $31.4 million in funding and enhancements to its version 2.3 storage platform.
The Series C funding comes from Motorola Ventures, New Enterprise Associates (NEA), OCA Ventures, and clients of Anderson & Strudwick.
The Cleversafe platform is targeted at storing business-critical data in Cleversafe’s Disperse Storage Cloud and keeping it secure and confidential, while still highly available. The Cleversafe Dispersed Storage technology divides data into slices and then disperses the slices to multiple storage nodes typically across three or four data centers. Each slice is unrecognizable as data and therefore inherently secure because only a predefined threshold of slices are required to bit-perfectly recreate the original data.
New features within the Cleversafe Dispersed Storage Network include built-in thin provisioning, disk balancing and secure network connections to slice servers. With built-in thin provisioning, IT administrators can set quotas that provide alerts to automate management of the storage system and which restrict data writes, thus enabling scaling of the storage pool. Disk balancing equalizes capacity across the storage drives and secure TLS/SSL connections between CleverSafe’s Accessor and Slicestor nodes are available for untrusted networks.
In addition Cleversafe announced a strategic investment and development agreement with In-Q-Tel, the division that identifies technology solutions for the U.S. Intelligence Community.
Cleversafe was founded by CEO Christopher Gladwin in November 2004. It has 65 employees and has received over $75 million in funding thus far.
