Pliant Technology raises $8 million for solid state storage
Pliant Technology, a Milpitas, Calif. maker of solid state drives for the enterprise computing market, wants to make them a mainstream storage solution.
The company is aiming for a first product release in the fourth quarter of this year, and should offer increased performance over standard hard drives, according to its own literature. It also claims cost savings and reduced power consumption for customers using its enterprise flash drives (EFDs).
Lightspeed Venture Partners led the $8 million round, Pliant’s first funding.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.