About NexGen Storage
NexGen Storage is a Technology company based in Louisville (United States) founded in 2009, and was acquired by Pivot3 in January 2016. PCIe solid-state storage is managed with performance QoS. NexGen Storage has raised $12.01 million across 2 funding rounds from investors including Pivot3, Next World Capital and Grotech Ventures. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Direct Attached Storage and SSD. Its legal entity is NexGen Storage, Inc. Its competitors include SanDisk, Virident Systems and Fusion-io; 2 of its 3 listed competitors have raised funding.
Company details
NexGen Storage was established in 2009 in Louisville, United States, focusing on the storage technology sector. PCIe solid-state storage systems are provided, engineered to handle performance equivalently to capacity. Storage QoS is implemented for performance oversight, while service levels are maintained to support critical applications. Independence was restored on January 8, 2015, through a spin-out from SanDisk, following its acquisition of Fusion-io.
- Headquarters Louisville, United States
- Stage Acquired
- SectorsTechnology
- Website nexgenstorage.com
- Social LinkedIn X Facebook
- Acquired by Pivot3 (Jan 2016)
- Legal Name Nexgen Storage, Inc.
Funding Insights of NexGen Storage
NexGen Storage has successfully raised a total of $12.01M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in November 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.
- Total Funding $12.01M
- Total Rounds 2
- Last Round Series B — $10M
- First Round $2.01M
(Feb 2011)
- Investors Count 3
All 2 funding rounds of NexGen Storage 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 |
|---|---|---|---|---|---|
| Nov 2011 | $10M | Series B | – | Next World Capital | |
| Feb 2011 | $2.01M | Series A | – | Grotech Ventures, Access Venture Partners | – |
4 investors in total: 4 institutional.
Investors in NexGen Storage
NexGen Storage has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Pivot3, Next World Capital and Grotech Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm investing in the US | nextworldcap.com | San Francisco, United States | ||
Early-stage US tech startups are invested in by Grotech Ventures. | grotech.com | Arlington, United States | ||
US focused early to expansion stage VC firm | accessvp.com | Westminster, United States | ||
Provider of software solutions for video surveillance | 2002 | pivot3.com | Austin, United States |
Investor details for NexGen Storage
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of NexGen Storage
162 people are tracked at NexGen Storage (38 in leadership, 7 in board & advisors, 117 in team).
| Name | Role | Group |
|---|---|---|
Appaji Malla | Vice President, Corporate Development | Leadership |
Bruno Hald | Vice President & General Manager, Secondary Storage | Leadership |
Marc Smith | Technical Director | Leadership |
Michele Fanning | Head Of Corporate Marketing | Leadership |
Geoff Barrall | Chief Product Officer | Leadership |
Hugues Meyrath | CEO | Leadership |
Ang Kek | Managing Director | Leadership |
Patricia English | IT ERP Director | Project Management | QA & Testing Manager | Leadership |
Mohnish Deshmukh | Director Sales | Leadership |
Natasha Beckley | CMO | Leadership |
Guillaume Crapart | Vice President Global Channels | Leadership |
Brandon Cass | Senior Director Americas Channel Sales | Leadership |
Dave Hanson | Areas Sales Director - Southeast & Midwest | Leadership |
Armando Moreno | Director Of Support For Na/latam | Leadership |
Mauro Ballerini | Vice President, EMEA Sales | Leadership |
Yann le Borgne | Director, Southern Europe | Leadership |
Sanam Mittal | General Manager | Leadership |
Tara Labree | Vice President, Corporate Affairs And Assistant Corporate Secretary | Leadership |
Roland Rosenau | SE Director EMEA | Leadership |
Charlotte Taylor | Director, Customer And Service Enablement | Leadership |
142 more people are available in the full profile.
Complete people profiles for NexGen Storage
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of NexGen Storage
4 dated milestones of NexGen Storage across 7 years, from founding to its latest funding, stage changes and deals.
- Founded NexGen Storage is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series B, of $10.0M.
- Exit Acquired by Pivot3.
Competitors of NexGen Storage
NexGen Storage has 3 listed competitors in our database, 2 of them funded. They include SanDisk, Virident Systems and Fusion-io.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sandisk.com | 1988 | Milpitas, United States | 2,514 | Enterprise SSD storage devices provider | ||
| virident.com | 2006 | Milpitas, United States | $116.38M | Enterprise storage products provider | ||
| fusionio.com | 2006 | Salt Lake, United States | $111.5M | 763 | Enterprise solid-state storage solutions are delivered via PCIe interfaces. |
Detailed competitors of NexGen Storage
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Enterprise Storage
3 companies that operate in the same segment as NexGen Storage (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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Frequently Asked Questions about NexGen Storage
NexGen Storage was founded in 2009 and raised its 1st funding round 2 years after it was founded.
NexGen Storage is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
NexGen Storage is a funded company, having raised a total of $12.01M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.01M, raised on Feb 2011.
NexGen Storage was established in 2009 in Louisville, United States, focusing on the storage technology sector. PCIe solid-state storage systems are provided, engineered to handle performance equivalently to capacity. Storage QoS is implemented for performance oversight, while service levels are maintained to support critical applications. Independence was restored on January 8, 2015, through a spin-out from SanDisk, following its acquisition of Fusion-io.
NexGen Storage's top competitors include SanDisk, Fusion-io and Virident Systems.
NexGen Storage has 4 investors. Key investors include Pivot3, Next World Capital, Grotech Ventures, and Access Venture Partners.
NexGen Storage operates through Nexgen Storage, Inc..
Yes. NexGen Storage was acquired by Pivot3 in January 2016.