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Elastifile Secures $16 Million

Elastifile Secures  Million

Storage startup Elastifile completed $16 million in financing. The round was led by Western Digital, with participation from CE Ventures, Lightspeed Venture Partners, Battery Ventures, Dell Technologies Capital, and Cisco Investments.

Elastifile seeks to redefine the way data is stored and managed, enabling seamless deployment of private and hybrid cloud solutions. With enterprises and service providers increasingly looking to support both on-premises and cloud-based workflows, Elastifile delivers data management to application, analytics, and infrastructure teams in a distributed file and object system.

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