Were you unable to attend Transform 2022? Check out all of the summit sessions in our on-demand library now! Watch here.
Tintri, a company that sells storage boxes packing both fast solid state drives alongside traditional hard disk drives, is announcing today a $125 million round of funding.
Tintri’s hardware is designed for storing and serving up data for individual virtual machines (VMs), several of which can run on a single physical server. Admins can set performance needs for individual VMs.
In the hybrid storage market Tintri competes with publicly traded Nimble Storage and Tegile, not to mention legacy storage providers like EMC and NetApp.
Silver Lake Kraftwerk led the new funding round. Existing investors Insight Venture Partners, Lightspeed Ventures, Menlo Ventures, and New Enterprise Associates also participated.
To date Tintri has raised $260 million, including the $75 million round announced in February 2014. Since then the company has added support for hypervisors other than VMware’s vSphere, including Microsoft’s Hyper-V.
Tintri started in 2008 and is based in Mountain View, Calif. Customers include Chevron, Sony, Time Warner, and United Healthcare.
VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Discover our Briefings.