Elastifile is a technology company.
Elastifile has raised $74.0M across 4 funding rounds.
Elastifile has raised $74.0M in total across 4 funding rounds.
Elastifile was a technology company that developed an elastically scalable, enterprise-grade distributed file system for hybrid cloud data management, enabling high-performance NFS file services on platforms like Google Cloud Platform.[1][3] It served enterprises handling data-intensive workloads such as analytics, DevOps, high-performance computing, media archives, and legacy applications like SAP, solving challenges in scaling file storage across on-premises, cloud, and hybrid environments without refactoring apps.[1][3] The platform combined flash storage performance with cloud economics, offering POSIX-compliant access, intelligent object tiering, and Kubernetes integration for seamless data persistence.[1]
Founded in 2013 and backed by investors including Battery Ventures, Lightspeed Venture Partners, and strategic players like Dell EMC and Cisco, Elastifile gained traction through partnerships, notably with Google Cloud in 2018, before its acquisition by Google in 2019 for a reported $200M.[1][3] This momentum positioned it as a key enabler for "lift and shift" cloud migrations, augmenting cloud storage for multipetabyte-scale file workloads.[3][6]
Elastifile was founded in 2013 in Santa Clara, California, with R&D in Herzliya, Israel, and global offices in North America and Europe.[1] While specific founders are not detailed in available sources, the company emerged to address limitations in traditional storage silos amid rising cloud adoption, focusing on a cross-cloud data fabric that unifies data access.[1][5] Early traction came from its scalable file system design, which integrated flash performance with cloud scalability for hybrid workloads.[2]
A pivotal moment arrived in April 2018 with its launch on Google Cloud Launcher, enabling one-click deployment of enterprise NFS services and deep integrations for file-based apps.[1] This partnership highlighted its appeal for industries like semiconductors (e.g., eSilicon for chip designs) and entertainment for massive media files, building toward its 2019 acquisition by Google.[3]
Elastifile rode the hybrid cloud trend of the late 2010s, when enterprises sought to migrate legacy file-based workloads (e.g., SAP, media archives) to cloud without disruption, amid explosive data growth.[3] Its timing aligned with hyperscalers like Google expanding enterprise storage; the 2018 Google partnership and 2019 acquisition for ~$200M underscored market demand for scalable file services over block/object alternatives.[1][3]
It influenced the ecosystem by accelerating "lift and shift" strategies, enabling better support for on-premises-to-cloud transitions and multipetabyte file handling, which bolstered Google's Cloud Filestore evolution and hybrid offerings.[3] Strategic backing from Dell EMC, Cisco, and Western Digital validated its role in bridging storage vendors with cloud providers.[1]
Post-2019 acquisition, Elastifile's technology was integrated into Google Cloud, likely enhancing Filestore and hybrid file services for enterprise migrations—capabilities still relevant for data-heavy AI, analytics, and media workloads today.[3] Looking ahead, trends like multi-cloud interoperability and exabyte-scale data from generative AI will shape its legacy, potentially evolving Google's offerings toward more elastic, file-native storage.[1][3] As cloud-native apps mature, its influence persists in simplifying hybrid data fabrics, tying back to its core mission of redefining scalable data management across environments.[1]
Elastifile has raised $74.0M in total across 4 funding rounds.
Elastifile's investors include Battery Ventures, Bessemer Venture Partners, Cedar, Cyberstarts VC, Dell Technologies Capital, Hearst Ventures, Innovation Endeavors, Lightspeed Venture Partners, NGP Capital, StageOne Ventures, Team8, Rakesh K. Loonkar.
Elastifile has raised $74.0M across 4 funding rounds. Most recently, it raised $16.0M Series C in September 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2017 | $16.0M Series C | Battery Ventures, Bessemer Venture Partners, Cedar, Cyberstarts VC, Dell Technologies Capital, Hearst Ventures, Innovation Endeavors, Lightspeed Venture Partners, NGP Capital, StageOne Ventures, Team8, Rakesh K. Loonkar, Shlomo Kramer, Yuval Shahar | |
| Jun 1, 2016 | $15.0M Series B | Bessemer Venture Partners, Dell Technologies Capital, Hearst Ventures, NGP Capital, StageOne Ventures | |
| Jan 1, 2016 | $35.0M Series B | Battery Ventures, Bessemer Venture Partners, Cedar, Cyberstarts VC, Dell Technologies Capital, Hearst Ventures, Innovation Endeavors, Lightspeed Venture Partners, NGP Capital, StageOne Ventures, Team8, Rakesh K. Loonkar, Shlomo Kramer, Yuval Shahar | |
| Jan 1, 2014 | $8.0M Series A | Battery Ventures, Bessemer Venture Partners, Cedar, Cyberstarts VC, Dell Technologies Capital, Hearst Ventures, Innovation Endeavors, Lightspeed Venture Partners, NGP Capital, StageOne Ventures, Team8, Rakesh K. Loonkar, Shlomo Kramer, Yuval Shahar |