Load DynamiX, Formerly SwiftTest, Closes $12 Million Financing Round

Load DynamiX, Inc., in storage infrastructure performance validation, has raised a $12 million round of funding, led by HighBar Partners.

Having established itself as supplier of storage performance validation solutions to the storage and network technology vendors, Load DynamiX expanded its focus to enterprise IT and cloud service provider organizations in 2013.

The company recently released the Load DynamiX Enterprise Series solutions that combine advanced storage workload modeling and extreme load generation into an integrated 2RU appliance designed to meet the needs of Global 1000 companies.

The company’s enhanced product line now provides deep storage infrastructure insight that enables IT managers and architects to optimize the performance, availability and cost of their networked storage infrastructures. The company’s goal is to help accelerate the adoption of new storage technologies, such as flash storage, and eliminate the risk of performance problems via its advanced workload modeling and performance validation solutions.

“Storage architects and engineers are demanding a new level of insight into their infrastructure as they migrate to an IaaS model for their public and private clouds. In order to meet their performance, availability and cost objectives, new storage systems and technologies, including flash storage, must be tested, analyzed, and validated before production deployment,” said Philippe Vincent, CEO, Load DynamiX. “Our storage workload modeling and performance validation appliances are the only way to properly plan and deploy these new storage technologies without the risk of unpredictable response times, unplanned outages and uncontrolled over-investment in equipment.”

“The storage industry is going through one of the biggest transitions in decades, with flash and hybrid storage systems driving significant disruption to the status quo.  Fully understanding the performance impact and ROI of these technologies is becoming essential to IT architects,” said John Kim, co-founder and managing partner, HighBar Partners. “We were very impressed with how Load DynamiX is uniquely providing this insight as evidenced by the excitement of their customers and their successful expansion into enterprise IT.” 

In conjunction with the financing, John Kim and HighBar MD Rohit Malhotra have joined the Load DynamiX board of directors.

Founded in 2008 as SwiftTest, Load DynamiX expanded on its strategic direction and changed its name in late 2013.

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