SAN JOSE, Calif. -- SandForce Inc., a supplier of solid- state drive processors, has closed $21 million in series C funding.
Led by new investor TransLink Capital, the round also included new investors UMC Capital, LSI, Red Maple Ventures, Darwin Ventures, and A-Data Technology as well as all of the existing SandForce investors--DCM, Storm Ventures, and tier-1 storage OEMs.
"We have made rapid progress into the marketplace since our launch just six months ago, and we are now shipping silicon to top-tier SSD OEM customers," said Alex Naqvi, president and CEO of SandForce (Santa Clara, Calif.), in a statement. "This new funding will help us through our expansion phase as well as accelerate our new products development that will help us maintain our market leadership."
SandForce is also hiring. It is expanding its technical, business, support and operations staff.