About CNEX
CNEX is a Technology company based in San Jose (United States) founded in 2013. NVMe controllers for SSDs with PCIe are developed by CNEX. CNEX has raised $121.97 million across 9 funding rounds from investors including Mellanox Technologies, M12 and Sierra Ventures. The company has 26 employees. CNEX offers products and services including NVMe PCIe SSD Controller, LightNVM Software, and NVMoE I/O Connectivity. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Direct Attached Storage and SSD. Its legal entity is CNEX- LABS INC. Its competitors include Cavium Networks, TenaFe and OakGate; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters San Jose, United States
- Employees 26
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website cnexlabs.com
- Social LinkedIn
- Legal Name Cnex- Labs Inc
- Total Equity Funding$121.97M (USD)
in 9 rounds
- Latest Funding Round$14.72M (USD), Series E
Mar 2021
- InvestorsMellanox Technologies
& 6 more
- Employee Count26
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.
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.
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 $121.97M
- Total Rounds 9
- Last Round Series E — $14.72M
- First Round $2.5M
(Jun 2013)
- Investors Count 7
All 9 funding rounds of CNEX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | $14.72M | Series E | – | – | – |
| Jul 2019 | Series D | – | Mellanox Technologies | – | |
| May 2019 | $32.74M | Series D | – | Dell Technologies Capital | |
| Mar 2017 | $13.18M | Series C | – | M12 | – |
| Apr 2015 | $18.83M | Series B | – | – | – |
| Aug 2014 | $3M | Series A | – | – | – |
| Jun 2014 | $17M | Series A | – | – | |
| May 2014 | $20M | Series A | – | – | – |
| Jun 2013 | $2.5M | Seed | – | – | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology startups are facilitated by M12. | m12.vc | San Francisco, United States | ||
Early-stage venture capital investments in AI, healthcare, and enterprise technologies. | sierraventures.com | |||
Seed and early-stage investments are focused on US companies. | waldenvc.com | Woodside, United States | ||
| brightstonevc.com | ||||
Venture capital fund investing in multiple sectors | delltechnologiescapital.com | Palo Alto, United States | ||
Semiconductors and diverse sectors are targeted by corporate-backed VC investments. | umccapital.com | Taipei, Taiwan | ||
Provider of Ethernet and InfiniBand interconnect solutions for servers and storage | 1999 | mellanox.com | Sunnyvale, United States |
Investor details for CNEX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Investor portfolios
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People of CNEX
7 people are tracked at CNEX (4 in leadership, 3 in board & advisors); the tracked headcount is 26.
| Name | Role | Group |
|---|---|---|
Joe DeFranco | VP, Sales, Co-Founder | Leadership |
Mathew Gloss | VP & General Counsel | Leadership |
Alan Armstrong | CEO, Co-Founder | Leadership |
Monty Peralta | Vice-President, Human Resources | Leadership |
Bill Moore | Independent Director | Board & advisors |
Ben Yu | Director | Board & advisors |
Gregg Adkin | Director | Board & advisors |
Complete people profiles for CNEX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of CNEX
3 dated milestones of CNEX across 8 years, from founding to its latest funding, stage changes and deals.
- Founded CNEX is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Series E, of $14.7M.
Competitors of CNEX
CNEX has 3 listed competitors in our database, 2 of them funded. They include Cavium Networks, TenaFe and OakGate.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cavium.com | 2001 | San Jose, United States | $71.28M | 1,189 | ARM and MIPS processors are developed for intelligent networks. | |
| tenafe.com | 2019 | Campbell, United States | $87M | Storage solutions and SSDs are provided through TenaFe platform. | ||
| oakgatetech.com | 2008 | Loomis, United States | 41 | Cloud-based SSD validation management platform is provided. |
Detailed competitors of CNEX
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Web traffic of CNEX
The website of CNEX (cnexlabs.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 20.2% vs previous month
Top companies in Enterprise Storage
3 companies that operate in the same segment as CNEX (Enterprise Storage) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 2,498 | |
Provider of data storage platforms and subscription services | 2009 | Mountain View, California, United States | USD 528.51 M | USD 3.17 B | 4,789 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 |
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Related news about Cnex
Complete news archive for CNEX
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Frequently Asked Questions about CNEX
CNEX was founded in 2013.
CNEX is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
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 Seed of $2.5M, raised on Jun 2013.
CNEX has 26 employees.
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.
CNEX's top competitors include Cavium Networks, TenaFe and OakGate.
CNEX offers NVMe PCIe SSD Controller, LightNVM Software, and NVMoE I/O Connectivity.
CNEX has 7 investors. Key investors include Mellanox Technologies, M12, Sierra Ventures, Walden Venture Capital, and Brightstone Venture Capital.
CNEX operates through Cnex- Labs Inc.