SuVolta Raises $10.6 Million to Advance Low-Power Chip Technology
January 21st, 2014 By: John Rath
SuVolta raises $10.6 million to accelerate growth in its low-power chip technology, SanDisk makes an investment in software-defined storage company Nexenta, and HP’s 3PAR storage server help Blood Systems blood bank increase capacity and gain efficiency.
SuVolta raises $10.6 million. Scalable semiconductor technologies company SuVolta announced that it has secured $10.6 million in funding. New investor Fujitsu Semiconductor Limited participated in the round along with existing investors Kleiner Perkins Caufield & Byers, August Capital, New Enterprise Associates, Northgate Capital and DAG Ventures. SuVolta will use the funding to accelerate the integration of its low-power chip technology into the design and fabrication of semiconductor integrated circuits (ICs) for ultra-low power applications, such as DRAM, Internet of Things (IoT) and mobile computing. “Fujitsu Semiconductor is committed to advancing the development of energy efficient products for the consumer and mobile markets,” said Haruyoshi Yagi, Corporate Senior Executive Vice President at Fujitsu Semiconductor Limited. “Our investment in SuVolta is a reflection of the excellent working relationship between the companies and our confidence in the value of DDC technology at a variety of process nodes.”
SanDisk invests in Nexenta. SanDisk (SNDK) announced it has invested in software defined storage (SDS) provider Nexenta. Nexenta’s software-only platform, NexentaStor, delivers high-performance, scalable and cost-effective storage solutions for both private and public cloud environments. The company has over 5,000 customer deployments with more than 800 petabytes of storage under management. Nexenta partners with key technology vendors, including Dell, Cisco and others, to support cloud deployments built on CloudStack and OpenStack solutions. “SDS and flash-based storage solutions are both complementary and disruptive technologies in the enterprise,” said Sumit Sadana, executive vice president and chief strategy officer at SanDisk. “Together, these technologies offer the capability to deploy high-performance, scalable solutions with significantly improved total cost of ownership that customers are looking for. We are looking forward to collaborating with Nexenta to optimize SDS solutions for flash technology in enterprise applications.”
HP 3PAR helps Blood Systems Boost efficiency. HP (HPQ) announced that Blood Systems blood bank has selected 3PAR StoreServ storage to maximize data capacity and improve performance of mission-critical applications. Blood Systems’ legacy storage architecture was unable to accommodate the organization’s increasing data capacity and performance demands. Improved scalability in the HP solution aided with application uptime and lower latency improved critical workflow processes. With the increased capacity, Blood Systems can more easily add donation centers to its current manufacturing and logistics program, while accommodating plans to consolidate data from affiliate organizations.“We needed a storage solution that would enable Blood Systems to expand while improving efficiency within a not-for-profit organization’s budget parameters,” said Alain Black, manager, IT Systems, Blood Systems. “The scalability and performance power of HP 3PAR StoreServ Storage allows us to meet future growth requirements and significantly lower IT and companywide operational expenses.”