About NexGen Storage
NexGen Storage is a company based in Louisville (United States) founded in 2009 was acquired by Pivot3 in January 2016.. NexGen Storage has raised $12.01 million across 2 funding rounds from investors including Pivot3, Next World Capital and Grotech Ventures. NexGen Storage operates in a competitive market with competitors including SanDisk, Virident Systems, Memblaze, Fusion-io and Anobit, among others.
- Headquarter Louisville, 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 Nexgen Storage, Inc.
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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 Total Funding
- Total Rounds 2
- Last Round Series B — $10.0M
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First Round
First Round
(14 Feb 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2011 | Amount | Series B - NexGen Storage | Valuation | Next World Capital | |
| Feb, 2011 | Amount | Series A - NexGen Storage | Valuation | Grotech Ventures , Access Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 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. 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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VC firm investing in the US
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Founded Year | Domain | Location | |
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Early-stage US tech startups are invested in by Grotech Ventures.
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US focused early to expansion stage VC firm
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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 NexGen Storage
| 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 - NexGen Storage
| 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 |
Nexgen Storage Comparisons
Competitors of NexGen Storage
NexGen Storage 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 SanDisk, Virident Systems, Memblaze, Fusion-io and Anobit, 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 |
Enterprise SSD storage devices provider
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| domain | founded_year | HQ Location |
Enterprise storage products provider
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| domain | founded_year | HQ Location |
PCIe-based solid state drives are innovated by Memblaze.
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| domain | founded_year | HQ Location |
Enterprise solid-state storage solutions are delivered via PCIe interfaces.
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| domain | founded_year | HQ Location |
Flash storage systems for enterprises and mobile markets are developed.
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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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Frequently Asked Questions about NexGen Storage
When was NexGen Storage founded?
NexGen Storage was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is NexGen Storage located?
NexGen Storage is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
Is NexGen Storage a funded company?
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 14, 2011.
What does NexGen Storage do?
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.
Who are the top competitors of NexGen Storage?
Who are NexGen Storage's investors?
NexGen Storage has 4 investors. Key investors include Pivot3, Next World Capital, Grotech Ventures, and Access Venture Partners.
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