About Pliant Technology
Pliant Technology is a Technology company based in Milpitas (United States) founded in 2006, and was acquired by SanDisk in May 2011. All-flash SSDs for enterprise storage systems are developed. Pliant Technology has raised $50.3 million across 3 funding rounds from investors including SanDisk, Lightspeed Venture Partners and Arcturus Capital. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Direct Attached Storage and SSD. Its legal entity is PLIANT TECHNOLOGY INC. Its competitors include SanDisk, Fusion-io and Virident Systems; 2 of its 3 listed competitors have raised funding.
Company details
Pliant Technology is developing a new class of all flash SSD storage devices for the enterprise computing market. Enterprise Flash Drives (EFDs) are designed ina a way to integrate seamlessly into existing enterprise architecture thus enhancing performance, reliability, energy efficiency of enterprise data center storage systems. Pliant currently sells ultra-high performance enterprise solid state drives based on the SAS protocol to meet the demanding high IOPS needs of enterprise storage customers. The companys product roadmap also includes PCIe-based solutions for high-performance compute environments. Pliant is a leader in the use of multi-level cell (MLC) NAND in enterprise SSDs, and the lower cost of MLC is the key enabler for the broad adoption of SSDs in the enterprise market. Flash memory is the future and is currently making significant inroads into the enterprise by dramatically increasing application performance and reducing power consumption. Pliant is now acquired by Sandisk, the world leaders in SSDs.
- Headquarters Milpitas, United States
- Stage Acquired
- SectorsTechnology
- Website plianttechnology.com
- Social LinkedIn
- Acquired by SanDisk (May 2011)
- Legal Name Pliant Technology Inc
Funding Insights of Pliant Technology
Pliant Technology has successfully raised a total of $50.3M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $27.3 million completed in January 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $50.3M
- Total Rounds 3
- Last Round Series C — $27.3M
- First Round $8M
(Feb 2008)
- Investors Count 4
All 3 funding rounds of Pliant Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2010 | $27.3M | Series C | – | – | |
| Mar 2009 | $15M | Series C | – | – | |
| Feb 2008 | $8M | Series A | – | – |
5 investors in total: 5 institutional.
Investors in Pliant Technology
Pliant Technology has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include SanDisk, Lightspeed Venture Partners and Arcturus Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused early-stage VC firm | arcturusvc.com | Pasadena, United States | ||
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Early-stage venture capital firm investing in AI, healthcare, and tech sectors. | menlovc.com | |||
Early-stage US tech companies are invested in by Divergent Ventures. | divergentvc.com | Seattle, United States | ||
Enterprise SSD storage devices provider | 1988 | sandisk.com | Milpitas, United States |
Investor details for Pliant Technology
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Timeline of Pliant Technology
4 dated milestones of Pliant Technology across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Pliant Technology is founded.
- Funding First funding round of $8.0M.
- Funding Latest funding round, Series C, of $27.3M.
- Exit Acquired by SanDisk.
Competitors of Pliant Technology
Pliant Technology has 3 listed competitors in our database, 2 of them funded. They include SanDisk, Fusion-io and Virident Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sandisk.com | 1988 | Milpitas, United States | 2,514 | Enterprise SSD storage devices provider | ||
| fusionio.com | 2006 | Salt Lake, United States | $111.5M | 763 | Enterprise solid-state storage solutions are delivered via PCIe interfaces. | |
| virident.com | 2006 | Milpitas, United States | $116.38M | Enterprise storage products provider |
Detailed competitors of Pliant Technology
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Top companies in Enterprise Storage
3 companies that operate in the same segment as Pliant Technology (Enterprise Storage) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 2,498 | |
Provider of data storage platforms and subscription services | 2009 | Mountain View, California, United States | USD 528.51 M | USD 3.17 B | 4,789 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 |
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Frequently Asked Questions about Pliant Technology
Pliant Technology was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Pliant Technology is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Pliant Technology is a funded company, having raised a total of $50.3M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8M, raised on Feb 2008.
Pliant Technology is developing a new class of all flash SSD storage devices for the enterprise computing market. Enterprise Flash Drives (EFDs) are designed ina a way to integrate seamlessly into existing enterprise architecture thus enhancing performance, reliability, energy efficiency of enterprise data center storage systems. Pliant currently sells ultra-high performance enterprise solid state drives based on the SAS protocol to meet the demanding high IOPS needs of enterprise storage customers. The companys product roadmap also includes PCIe-based solutions for high-performance compute environments. Pliant is a leader in the use of multi-level cell (MLC) NAND in enterprise SSDs, and the lower cost of MLC is the key enabler for the broad adoption of SSDs in the enterprise market. Flash memory is the future and is currently making significant inroads into the enterprise by dramatically increasing application performance and reducing power consumption. Pliant is now acquired by Sandisk, the world leaders in SSDs.
Pliant Technology's top competitors include SanDisk, Fusion-io and Virident Systems.
Pliant Technology has 5 investors. Key investors include SanDisk, Lightspeed Venture Partners, Arcturus Capital, Menlo Ventures, and Divergent Ventures.
Pliant Technology operates through Pliant Technology Inc.
Yes. Pliant Technology was acquired by SanDisk in May 2011.