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Pliant Technology
Solid state storage devices for the enterprise computing market
About Pliant Technology
Pliant Technology was established in 2006 by a group of founders including Richard Wilmer, Aaron Olbrich, Mike Chenery, Doug Prins, and Amyl Ahola, who brought extensive experience from storage industry giants like Fujitsu, IBM, and Seagate. The firm was founded to address the growing performance and reliability needs of data centers and high-performance computing environments.
The company specialized in the design and development of Enterprise Flash Drives (EFDs), positioning itself in the high-performance solid-state storage market. Pliant Technology's core business involved creating advanced data storage devices that offered significant improvements in I/O performance, reliability, and energy efficiency compared to existing Solid-State Drive (SSD) technology and traditional hard drives. Revenue was generated through the sale of these specialized hardware components to enterprise clients.
Pliant's flagship product was the Lightning EFD family, which was built on a proprietary controller design and software architecture. A key feature of this product line was its SAS controller, specifically engineered for use with leading-edge SLC and MLC NAND Flash memory. The benefits for clients included substantially higher performance, lower energy consumption, and a reduced physical footprint for data storage, leading to a lower total cost of ownership. The products were designed with a focus on “Green IT” principles, aiming to decrease both direct and indirect energy use in large-scale computing environments.
In May 2011, Pliant Technology was acquired by SanDisk, marking a significant milestone for the company and its founders. This acquisition integrated Pliant’s pioneering SAS controller technology and EFD products into SanDisk's portfolio, validating the company's approach to enterprise storage solutions.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | May 2011 | $327M | $327M | Undisclosed | — |
| DEBT✓Debt | Jan 2010 | $27M | — | Lightspeed Venture Partners · Divergent Ventures · Arcturus Capital · Menlo Ventures | — |
Growth signals
Latest recorded traffic for Pliant Technology is 0 monthly website visits. Pliant Technology's team declined 12.5% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Lightspeed Venture Partners- ACArcturus Capital
Series B and later2 investors entered at this stage
Menlo Ventures
Divergent Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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