SandForce has quickly become one of the hotttest companies in the Solid State sector through its powerful SSD processors. The company has now made new strides and secured financing of 25 million dollar.
SandForce says in a press release that the new found finances will be used to developer and bring new products to market. It hopes the new means will speed up the process and make it more efficient.
SandForce Inc., the pioneer of SSD (Solid State Drive) Processors that enable standard NAND Flash deployment in enterprise, client and industrial computing applications, today announced that it has closed $25 million in Series D funding, led by Canaan Partners. Existing investors who also participated include DCM, Storm Ventures, Translink Capital, LSI Corporation & UMC Capital.
SandForce has, thanks to the DuraClass technology, showed impressive performance with SSDs and gained a strong following with good benchmark results.