StorSimple

StorSimple is a technology company.

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Updated: Feb 17, 2026 ·

Recent News & Mentions

Jun 1, 2011FundingStorSimple - Series C Sep 1, 2010FundingStorSimple - Series B May 1, 2009FundingStorSimple - Series A

Financial History

StorSimple has raised $32.0M across 3 funding rounds. Most recently, it raised $11.0M Series C in June 2011.

Total Raised

$32.0M

Valuation

N/A

Funding Rounds Raised

Date	Round	Other Investors
Jun 1, 2011	$11.0M Series C	First Round Capital, Foundry Group, Freestyle Capital, Hanabi Capital, Ignition Partners, Index Ventures, Lowercarbon Capital, Mayfield, Nexus Venture Partners, Redpoint Ventures, Samsung NEXT Ventures, SLVC, SV Angel, True Ventures, Vayner RSE, Darius Contractor, Joshua Schachter, Tim Ferriss
Sep 1, 2010	$13.0M Series B	First Round Capital, Foundry Group, Freestyle Capital, Hanabi Capital, Ignition Partners, Index Ventures, Lowercarbon Capital, Mayfield, Nexus Venture Partners, Redpoint Ventures, Samsung NEXT Ventures, SLVC, SV Angel, True Ventures, Vayner RSE, Darius Contractor, Joshua Schachter, Tim Ferriss
May 1, 2009	$8.0M Series A	First Round Capital, Foundry Group, Freestyle Capital, Index Ventures, Lowercarbon Capital, Nexus Venture Partners, Redpoint Ventures, Samsung NEXT Ventures, SLVC, SV Angel, True Ventures, Vayner RSE, Darius Contractor, Joshua Schachter, Tim Ferriss

Financial History

StorSimple has raised $32.0M across 3 funding rounds.

Total Raised

$32.0M

Valuation

N/A

Deep Dive

High-Level Overview

StorSimple was a technology company that developed cloud-integrated storage (CiS) appliances, hybrid solutions blending on-premises hardware performance with cloud scalability for primary storage, backup, archive, and disaster recovery.[1][2][3] It served enterprises in sectors like manufacturing, healthcare, and IT, solving the trade-off between high-performance local storage costs and cloud scalability by using intelligent data tiering—keeping hot data on SSDs or local disks and archiving cold data to affordable cloud tiers like Azure Blob storage—while providing deduplication, compression, encryption, and fast recovery.[1][2][3] Acquired by Microsoft in 2012, its technology evolved into Azure StorSimple, used by companies like Siemens and GE Healthcare for managing large datasets from IoT devices and medical equipment, with growth marked by awards such as Microsoft BizSpark Partner of the Year in 2011.[1][2][4]

Origin Story

StorSimple was founded in 2009 in Santa Clara, California, by Ursheet Parikh (Co-founder & CEO) and Guru Pangal, both former executives at Cisco Systems and Brocade Communications Systems.[1] The idea emerged from the need to integrate primary storage efficiencies like deduplication and tiering with cloud storage from providers such as Amazon, Google, Microsoft, and Rackspace, addressing slow backups and recovery in traditional systems.[1][3] Early traction included venture funding totaling $31.5 million from Index Ventures, Redpoint Ventures, Ignition Partners, and Mayfield Fund, certifications for Microsoft Windows Server 2008 and VMware, and awards like Interop Japan 2011 Grand Prize; by 2012, Microsoft acquired it to enhance Azure integration, marking a pivotal shift to broader scale.[1][4]

Core Differentiators

Hybrid Architecture: Combined SSD for hot data, SAS disks for warm data, and encrypted cloud tiering for cold data, with real-time deduplication and compression reducing storage costs by 60-80%.[1][3]
Seamless Integration: Provided iSCSI interfaces to clouds like Azure Blob, S3, and others, plus cloud snapshots for point-in-time recovery and disaster protection, certified for enterprise environments.[1][2][5]
Management Simplicity: Single console for on-premises and cloud storage, enabling location-independent restores, high availability, and automated tiering based on data access frequency.[2][3]
Scalability and Performance: Appliances like the 8600 series offered 40-100 TB local plus 500 TB cloud; post-acquisition Azure versions (e.g., 8000 Series, 8020) supported cool Blob storage and virtualized deployments.[1][6]

Role in the Broader Tech Landscape

StorSimple rode the early 2010s hybrid cloud storage trend, bridging on-premises control with public cloud economics amid rising data volumes from IoT and virtualization.[1][2][4] Its timing aligned with cloud adoption surges, as enterprises sought cost-effective alternatives to all-local storage; market forces like Azure's growth and competitors like Box favored its automation for seamless integration.[4][5] Post-Microsoft acquisition, it influenced Azure's ecosystem by pioneering hybrid models, enabling use cases in manufacturing (sensor data tiering) and healthcare (secure archives), and setting standards for optimized data protection that reduced hardware needs and downtime.[2][3][7]

Quick Take & Future Outlook

As part of Azure StorSimple, the technology continues evolving within Microsoft's cloud portfolio, supporting advanced Blob tiers and enterprise hybrid needs amid growing AI-driven data demands.[2][6] Trends like edge computing and multi-cloud will likely expand its role in cost-optimized, resilient storage, potentially integrating deeper with Azure AI for intelligent tiering. Its legacy as a hybrid pioneer positions Microsoft to dominate as enterprises balance performance and scale, reinforcing StorSimple's foundational impact on cloud storage innovation.

Sources

Frequently Asked Questions

How much funding has StorSimple raised?

StorSimple has raised $32.0M in total across 3 funding rounds.

Who are StorSimple's investors?

StorSimple's investors include First Round Capital, Foundry Group, Freestyle Capital, Hanabi Capital, Ignition Partners, Index Ventures, Lowercarbon Capital, Mayfield, Nexus Venture Partners, Redpoint Ventures, Samsung NEXT Ventures, SLVC.