
In addition to signing a deal to supply OCZ with SSD controllers, chip-designing startup SandForce has also got more cash to spend. The company received $21 million in Series C funding from TransLink Capital, UMC Capital, LSI Corporation, Red Maple Ventures, Darwin Ventures, A-Data Technology, DCM, Storm Ventures, and Tier-1 storage OEMs.
SandForce is planning to use the extra money to accelerate the development of new products and hire more people so as to expand its business. Currently the company has two SSD controllers to offer - the SF-1500 which is aimed at enterprise applications and SF-1200, for client applications.
"SandForce has a breakthrough product that has enabled it to rapidly secure top-tier OEM customers in the enterprise and client computing markets for SSDs," said Jackie Yang, managing director of TransLink Capital and new member of the SandForce Board of Directors. "We believe that the SandForce DuraClass technology will open the door to high-volume use of SSDs in business computing, and we are very bullish about the company's future."
For more info about SandForce's products see
this page.