Samsung feeds SolidFire for $82m series D

Oct 8, 2014 • Robert Lavine

The flash storage company has now raised $150m, and will use the latest funds to expand geographically.

US-based flash storage system manufacturer SolidFire closed an $82m series D round yesterday from investors including Samsung Ventures, the corporate venturing arm of electronics manufacturer Samsung.

Venture capital firm Greenspring Associates co-led the round with an undisclosed sovereign wealth fund, and New Enterprise Associates (NEA), Novak Biddle Venture Partners and Valhalla Partners also participated.

SolidFire has now raised about $150m since it was founded, including $31m in a series C round led by Samsung Ventures in July 2013, which included…

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