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Skyera Inc. and Western Digital Corp. (Nasdaq: WDC) announced that Skyera has received strategic funding from Western Digital Capital as part of its recently announced Series B round of financing. Western Digital Capital co-invested in the $51 million round as an extension of the strategic relationship between the two companies that also includes joint technology development. Western Digital had previously funded Skyera as its initial outside investor.
Skyera’s skyHawk series of enterprise solid-state storage systems, priced at an industry breakthrough price point of less than $3 per gigabyte, mark the first time that the latest generation 19/20nm solid-state technology can be used as a direct replacement for traditional enterprise hard disk-based systems.
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