About IO Turbine
IO Turbine is a company based in San Jose (United States) founded in 2009 was acquired by Fusion-io in August 2011. IO Turbine has raised $7.75 million across 1 funding round from investors including Lightspeed Venture Partners, Fusion-io and Merus Capital. IO Turbine operates in a competitive market with competitors including Qumulo, Smarsh, Lucidity, Portworx and PernixData, among others.
- Headquarter San Jose, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Io Turbine Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$7.75 M (USD)
in 1 rounds
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Latest Funding Round
$7.75 M (USD), Series A
Apr 19, 2011
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Investors
Lightspeed Venture Partners
& 2 more
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Employee Count
Not available
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Acquired by
Fusion-io
(Aug 04, 2011)
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Funding Insights of IO Turbine
IO Turbine has successfully raised a total of $7.75M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.75 million completed in April 2011. 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.
Investors in IO Turbine
IO Turbine has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Fusion-io and Merus Capital.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Seed and early-stage tech investments are made in the US.
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Enterprise solid-state storage solutions are delivered via PCIe interfaces.
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Investor details for IO Turbine
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Investments & Acquisitions by IO Turbine
Investment portfolio details for IO Turbine
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Financial Statements - IO Turbine
Detailed financials for IO Turbine
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Io Turbine Comparisons
Peer comparison for IO Turbine
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Competitors of IO Turbine
IO Turbine 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 Qumulo, Smarsh, Lucidity, Portworx and PernixData, among others.
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Enterprise cloud storage management software is provided for various workloads.
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Compliance management solutions for financial institutions' communications are provided.
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Cloud block storage management is facilitated through an intelligent platform.
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Provider of a tool for developers and IT Ops to run containerized applications
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Cloud-based storage management is enabled through hypervisor software aggregation.
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HPC storage accelerator platform is offered for enterprise use.
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Detailed competitors of IO Turbine
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Latest news on Io Turbine
Complete news archive for IO Turbine
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Frequently Asked Questions about IO Turbine
IO Turbine was founded in 2009 and raised its 1st funding round 2 years after it was founded.
IO Turbine is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
IO Turbine is a funded company, having raised a total of $7.75M across 1 funding round to date.
IO Turbine was founded in 2009 in San Jose, United States, focusing on the storage management sector. Hybrid array caching software for flash storage was developed, with awareness for virtualization platforms like VMware. Operations centered on software solutions for data centers. The company was acquired by Fusion IO in July 2011 for 95 million dollars.
IO Turbine has 3 investors. Key investors include Lightspeed Venture Partners, Fusion-io, and Merus Capital.