SoftIron Receives $7 Million in Funding and Introduces Zero-Risk Storage

SoftIron, the creator of zero-risk enterprise data storage, recently completed a $7 million funding round led by Earth Capital Partners (ECP) through its Nobel Sustainability Fund initiative.

ECP invests in sustainable technology sectors to accelerate companies for growth, expansion, and acquisition. “The Nobel Sustainability Fund helps drive innovation with positive sustainability,” said ECP partner Richard Smith.  “Resource efficiency, particularly regarding energy, is critical when paired with solutions that offer compelling financial, performance, and commercial benefits. This is what SoftIron is aggressively targeting, and we are excited to support SoftIron at a critical point in the company’s development and expansion.”

SoftIron, based in the U.K., designs, builds, and sells HyperDrive™ storage appliances to customer specification. Unlike traditional enterprise storage vendors, SoftIron offers upfront pricing, configuration and support, with the goal of making enterprise storage purchase and management predictable and affordable. The company’s HyperDrive systems run at wire speed and interoperate with any Ceph device. Everything else — from the motherboards to the screws — is handcrafted in the Bay Area to maximize performance.