Tegile Systems raises $70M

What does Tegile Systems do?

Tegile Systems, is a leading provider of flash driven storage arrays for databases, virtual desktop and virtualized server environments. It provides intelligent flash arrays for virtualization, database applications and file services. Its mission is to accelerate the transformation of enterprise IT by changing the economics and performance of enterprise storage. The company’s flash storage arrays, with patented intelliFlash architecture, delivers high I/O and low latency for business apps. Their customers achieve business accelerations and unmatched storage capacity reduction.

How much Tegile System was funded?

Tegile System raised $70M in Series D funding on May 27, 2015 from SanDisk Ventures, Meritech Capital Partners, Western Digital, August Capital, Cross Creek Advisors, Pine River Capital Management and many other angel investors.

Previous funding

• $2.5M in Series A funding on July 1, 2010
• $10M in Series B funding on April 30, 2012 from August Capital
• $35M in Series C funding on August 7, 2013 from SanDisk Ventures, West, August Capital and Meritech Capital Partners

What is next for Tegile Systems?

Tegile Systems has raised a total of $117.5 million to date. The latest funding raised will be used for its rapid global expansion and for grabbing the huge opportunity within the enterprise flash storage market space.

More about Tegile Systems

Tegile Systems was founded in 2010 by Rajesh Nair and Rohit Kshetrapal. It has its headquarters in Newark, CA. It is pioneering a new gen of intelligent flash arrays which balance capacity, performance, price and features for virtual database and desktop applications. It is transforming the storage industry by offering unique storage solutions which mark the perfect balance between economics and performance.

Its patented IntelliFlash technology enhances performance and enables inline duplication and compression of data so that each array has a capacity which is much greater than its raw capacity.