Nexenta

Santa Clara, United States Founded: 2005 • Age: 21 yrs Acquired By DDN
Cloud-based software-defined storage solutions are provided by Nexenta.
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About Nexenta

Nexenta is a company based in Santa Clara (United States) founded in 2005 was acquired by DDN in May 2019.. Nexenta has raised $68.86 million across 6 funding rounds from investors including DDN, United Microelectronics and SoftBank. Nexenta offers products and services including NexentaStor and NexentaFusion. Nexenta operates in a competitive market with competitors including Nutanix, DataCore, Scality, Lightbits and Scale Computing, among others.

  • Headquarter Santa Clara, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nexenta Systems, Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $68.86 M (USD)

    in 6 rounds

  • Latest Funding Round
    $20 M (USD), Series D

    Dec 05, 2017

  • Investors
    DDN

    & 12 more

  • Employee Count
    Employee Count
  • Acquired by
    DDN

    (May 06, 2019)

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Products & Services of Nexenta

Nexenta offers a comprehensive portfolio of products and services, including NexentaStor and NexentaFusion. 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.

Primary

Provides scale-up and scale-out storage for enterprise applications.

Offers comprehensive management for file, block, and object storage.

People of Nexenta
Headcount 200-500
Employee Profiles 13
Employee Profiles
People
Alexey Orobets
Sales Manager
People
Eli George
Sales Representative
People
Bill Fuller
VP Engineering
People
Travis Salt
Systems Administrator

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Funding Insights of Nexenta

Nexenta has successfully raised a total of $68.86M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in December 2017. 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 Rounds 6
  • Last Round Series D — $20.0M
  • First Round
  • Investors Count 12
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2017 Amount Series D - Nexenta Valuation SoftBank Capital
Aug, 2014 Amount Series D - Nexenta Valuation

investors

Feb, 2013 Amount Series D - Nexenta Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nexenta

Nexenta has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include DDN, United Microelectronics and SoftBank. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Seed and early-stage tech investments are made in US companies.
Founded Year Domain Location
Venture capital fund investing in multiple sectors
Founded Year Domain Location
Tech focused expansion stage VC firm in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nexenta

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nexenta

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nexenta Comparisons

Employees
+
Add Comparison
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Competitors of Nexenta

Nexenta 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 Nutanix, DataCore, Scality, Lightbits and Scale Computing, 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
AI-powered cloud management software is delivered for enterprises.
domain founded_year HQ Location
Software-defined storage and virtualization solutions are provided by DataCore.
domain founded_year HQ Location
Cloud based platform offering software defined storage solutions for enterprises
domain founded_year HQ Location
NVMe-based SSD software for cloud environments is provided.
domain founded_year HQ Location
Hyper-converged infrastructure solutions for virtual machine environments are delivered.
domain founded_year HQ Location
Hyperconverged infrastructure is supplied for virtualized data centers globally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nexenta

Frequently Asked Questions about Nexenta

When was Nexenta founded?

Nexenta was founded in 2005 and raised its 1st funding round 5 years after it was founded.

Where is Nexenta located?

Nexenta is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.

Who is the current CEO of Nexenta?

Tarkan Maner is the current CEO of Nexenta.

Is Nexenta a funded company?

Nexenta is a funded company, having raised a total of $68.86M across 6 funding rounds to date. The company's 1st funding round was a Series D of $24M, raised on Oct 01, 2010.

What does Nexenta do?

Nexenta Systems is a cloud-based software-defined storage solutions provider. It provides a software-only platform, NexentaStor, which delivers high-performance, ultra-scalable, cloud-and virtualization-optimized storage solutions. Built upon ZFS technology, and running on any industry-standard hardware NexentaStor is available in a freemium model. The other two products from Nexenta, Nexenta MetroHA is a disaster recovery, back up solution operating on clusters of NexentaStor and Nexenta VSA for VMWare Horizon View is a VDI solution.

Who are the top competitors of Nexenta?

Nexenta's top competitors include Nutanix, Scality and Scale Computing.

What products or services does Nexenta offer?

Nexenta offers NexentaStor and NexentaFusion.

Who are Nexenta's investors?

Nexenta has 13 investors. Key investors include DDN, United Microelectronics, SoftBank, Javelin Venture Partners, and Tarkan Maner.

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