XtremIO co-founder dives back into flash storage pool with Elastifile


Gigaom

There’s been a ton of action around flash storage, but Israeli startup Elastifile is betting that there’s still a huge untapped market for solid-state storage, and it has $8 million in Series A funding to attack it.

The brain trust behind the company has credibility here — Elastifile Co-founder and CTO Shahar Frank was co-founder of XtremIO, the solid-state storage player purchased by EMC(s emc) in 2012 for $430 million. In addition, CEO Amir Aharoni did executive stints at Mobixell Networks and Optibase, and VP of R&D Roni Luxenburg was director of software engineering at Red Hat(s rhat).

The funding comes from Battery Ventures and Lightspeed Venture Partners, which both invested in XtremIO, now seen as the poster-child for successful flash storage exits; Lightspeed also invested in Nimble Storage, which went public in December.

The tech scene is flooded with flash storage startups in various incarnations — IPO-bound Pure…

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