About CNEX
CNEX is a company based in San Jose (United States) founded in 2013.. CNEX has raised $121.97 million across 9 funding rounds from investors including Mellanox Technologies, M12 and Sierra Ventures. The company has 26 employees as of December 31, 2022. CNEX offers products and services including NVMe PCIe SSD Controller, LightNVM Software, and NVMoE I/O Connectivity. CNEX operates in a competitive market with competitors including Cavium Networks, TenaFe, Starblaze Technology, OakGate and StorArt, among others.
- Headquarter San Jose, United States
- Employees 26 as on 31 Dec, 2022
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Cnex- Labs Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$121.97 M (USD)
in 9 rounds
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Latest Funding Round
$14.72 M (USD), Series E
Mar 10, 2021
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Investors
Mellanox Technologies
& 6 more
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Employee Count
26
as on Dec 31, 2022
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Products & Services of CNEX
CNEX offers a comprehensive portfolio of products and services, including NVMe PCIe SSD Controller, LightNVM Software, and NVMoE I/O Connectivity. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides high-performance SSD control with low latency and scalability.
Enables host control for data placement and I/O optimization in storage.
Facilitates efficient scaling for Ethernet-based storage fabrics.
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Funding Insights of CNEX
CNEX has successfully raised a total of $121.97M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $14.72 million completed in March 2021. 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 Total Funding
- Total Rounds 9
- Last Round Series E — $14.7M
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First Round
First Round
(01 Jun 2013)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series E - CNEX | Valuation |
investors |
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| Jul, 2019 | Amount | Series D - CNEX | Valuation | Mellanox Technologies |
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| May, 2019 | Amount | Series D - CNEX | Valuation | Dell Technologies Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CNEX
CNEX has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Mellanox Technologies, M12 and Sierra Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in technology startups are facilitated by M12.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Founded Year | Domain | Location | |
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Seed and early-stage investments are focused on US companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CNEX
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CNEX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cnex Comparisons
Competitors of CNEX
CNEX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cavium Networks, TenaFe, Starblaze Technology, OakGate and StorArt, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
ARM and MIPS processors are developed for intelligent networks.
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| domain | founded_year | HQ Location |
Storage solutions and SSDs are provided through TenaFe platform.
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| domain | founded_year | HQ Location |
Delivers advanced NVMe SSD controller solutions for enterprise clients.
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| domain | founded_year | HQ Location |
Cloud-based SSD validation management platform is provided.
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| domain | founded_year | HQ Location |
Produces high-quality SD and SSD controllers for clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cnex
Frequently Asked Questions about CNEX
When was CNEX founded?
CNEX was founded in 2013.
Where is CNEX located?
CNEX is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Is CNEX a funded company?
CNEX is a funded company, having raised a total of $121.97M across 9 funding rounds to date. The company's 1st funding round was a Series D of $32.74M, raised on Jun 01, 2013.
How many employees does CNEX have?
As of Dec 31, 2022, the latest employee count at CNEX is 26.
What does CNEX do?
CNEX Labs was founded in 2013 in San Jose, United States, focusing on the storage technology sector. NVMe controllers for SSDs using PCIe are provided, along with solutions such as FTL controls, operational modes, data placements, IO scheduling, application-specific scheduling, userspace management, network scalability, low-latency scaling, storage fabric implementation, hardware acceleration, and SSD controllers. Operations center on hardware and software for solid-state drives.
Who are the top competitors of CNEX?
CNEX's top competitors include Cavium Networks, TenaFe and OakGate.
What products or services does CNEX offer?
CNEX offers NVMe PCIe SSD Controller, LightNVM Software, and NVMoE I/O Connectivity.
Who are CNEX's investors?
CNEX has 7 investors. Key investors include Mellanox Technologies, M12, Sierra Ventures, Walden Venture Capital, and Brightstone Venture Capital.