SDN Storage Outfit Coho Data Gets $25M from Ignition Partners, Andreessen Horowitz

By Paula Bernier November 05, 2013

Just as this reporter turned in a story about how investors are bullish on software-defined networking, yet another announcement on this front came to light. This one comes courtesy of Coho Data, which has raised $25 million in a Series B round from Ignition Partners and Andreessen Horowitz. The new money will help Coho Data accelerate its R&D and go-to-market efforts.

Coho Data later this year will make generally available what it refers to as software-defined networking integrated storage appliances for high performance at cloud-scale. The company says its hybrid flash appliance, the Coho DataStream 1000, can deliver 18 times the performance of traditional storage solutions and two times the price/performance of all-flash array competitors.

“Flash technology has been limited to point use cases to date, but with Coho Data’s approach to using commodity hardware for cloud economics and its innovative use of software-defined networking integration for reliable scale, we believe flash’s full potential for mainstream datacenter usage is finally being unlocked,” said Frank Artale, Managing Director from Ignition Partners and now a member of Coho Data’s Board of Directors.

Peter Levine, partner at Andreessen Horowitz, added that Coho Data offers the fastest, most scalable storage system in the market, which he said will create significant disruption in the market place.

In yet another example of new money pouring into SDN, capacity management software provider Aria Networks today received $4 million in a funding round led by Seraphim Capital with support from the Capital For Enterprise Fund.

This news follows moves by many of the leading venture capital firms to invest in SDN.

Index Ventures and Khosla Ventures have invested in Big Switch. Lightspeed Venture Partners, Matrix Partners, and North Bridge Venture Partners have invested in Plexxi.  Menlo Partners led a $23 million round for Pluribus Networks. And New Enterprise Associates has invested more than $45 million in SDN firms Emgrane, Nicira (now owned by VMware) and Pluribus Networks.

Edited by Stefania Viscusi

Executive Editor, TMC

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