SanDisk invests in Tegile Systems
SanDisk has announced that its strategic investment arm, SanDisk Ventures, has invested in Tegile Systems. Tegile makes hybrid storage arrays incorporating flash technology to enterprise customers. Tegile’s solutions offers unified storage combining both traditional HDDs with flash storage.
“With our unique flash-based hardware and software solutions and vertically integrated business model, SanDisk is helping enable a new generation of companies transform the enterprise,” said Sumit Sadana, executive vice president and chief strategy officer at SanDisk. “We believe that Tegile is well positioned to bring the significant benefits of flash technology to enterprise customers through their innovative hybrid system solution.”
“We welcome flash industry leader SanDisk as a strategic partner and investor in Tegile,” said Rohit Kshetrapal, chief executive officer of Tegile. “Together with our other Series C partners, our relationship with SanDisk will enable us to unlock the potential of flash technology in the enterprise, and leverage the significant growth opportunities ahead of us.”