Big news at day one of CloudBeat 2011! Vehera, a cloud file server appliance company that trades as SMEStorage.com, announced it is participating in a $1 million growth equity investment round with IDJ.  This is a significant investment for Vehera and will greatly accelerate company growth.  Vehera's management will continue to own a significant portion of the company. Vehera is a privately owned company, which first achieved profitability in Q4 2010. The company plans to expand globally with the new funding. 

IDJ is a London based equity investment firm.  They advise on all aspects of corporate activity, financing and strategy in both the public and private markets.

The Vehera Cloud File Server is also available as an on-premise appliance that offers value added services and clients which overlays cloud data stores and SaaS services. The solution provides a single cloud file system which enables this data to be accessed and managed in one cloud file tree whilst also enabling control and governance across all mapped services.