SAN JOSE, Calif. - Israel's Anobit Inc. has closed a new funding round of $32 million, raising the total funding of the company to over $70 million.
This new investment round was led by Intel Capital and includes new funding from strategic investors and Anobitís current investors.
In June, Anobit unveiled its solid state drive (SSD) product portfolio - the Anobit Genesis SSD series. It is said to be the first multi-level cell (MLC) solid state drive family to deliver ''true enterprise-class reliability and performance for datacenter storage and server infrastructure.''
Anobit Genesis SSDs utilize its Memory Signal Processing (MSP) technology to achieve a write endurance rating of over 50,000 cycles using standard low cost MLC, enabling enterprise-class SSD storage at a fraction of the cost of today's single-level cell (SLC) SSDs. Thousands of Anobit Genesis SSDs are being distributed to OEMs for qualification.
Recently, Samsung Electronics Co. Ltd. and Anobit announced that the two companies have collaborated on the design of a new controller (SK6630) for use in Secure Digital (SD) memory cards. With the use of Anobitís MSP technology, the SK6630 provides high endurance and high performance for Samsungís 3-bit NAND at advanced process nodes.
The SK6630 is co-designed and manufactured by Taiwan-based storage and multimedia solution provider SkyMedi for use with Samsungís 30 nanometer class 3-bit NAND.