Zadara Storage, a cloud service provider announced on Thursday that Toshiba has invested $3 million to the company to expand sales support and engineering teams. The funding has brougt Zadara’s total to $10 million. These two companies will be working together to introduce a new storage as a service product using their technologies.

Zadara Storage was launched in 2011 and became the industry’s first enterprise-class storage as a service solution in 2012. It allows enterprises and service providers to buy enterprise block-and-file storage by the hour in its own Virtual Private Storage Array.

Read the rest of the news here: http://jewishbusinessnews.com/2013/08/01/toshiba-completes-3-million-strategic-investment-in-zadara-storage/