Elastifile

Company Overview

Snapshot

Founded in October 2013 by Roni Luxenburg, Shahar Frank, and Amir Aharoni, Elastifile operated with 11–50 employees. The company raised a total of $74 million across 4 funding rounds from 6 investors. A significant milestone occurred in July 2019 when Google acquired the enterprise cloud storage provider.

Business overview

Elastifile provided enterprise-grade, scalable file storage solutions for hybrid cloud environments, including Google Cloud, AWS, and Azure. The company developed an all-flash solution designed to bridge existing and emerging data center architectures. Its distributed storage platform offered full-featured enterprise file and object capabilities with linearly scalable performance, catering to on-premises, public cloud, and hybrid cloud environments within the Business Software sector.

Strategic signal

In July 2019, Google acquired Elastifile, integrating its technology into Google Filestore for high-scale tier capabilities. This acquisition validated Elastifile's innovative approach to cloud storage and signaled a strategic move by Google to enhance its cloud offerings with advanced enterprise file storage solutions, demonstrating the value of Elastifile's technology in the competitive cloud infrastructure market.

Company Intelligence Q&A

What was a key strategic event for Elastifile?

In July 2019, Google acquired Elastifile, integrating its technology into Google Filestore to enhance high-scale tier capabilities. This marked a significant exit for the company.

When was Elastifile recognized by Gartner?

In May 2017, Elastifile was named a 'Cool Vendor' by Gartner in their 'Cool Vendors in Storage Technologies, 2017' report, acknowledging its innovative approach in the storage market.

Which investors participated in Elastifile's September 2017 funding round?

In September 2017, Elastifile received funding from investors including Cisco Investments.