About Nexsan
Nexsan is a company based in Thousand Oaks (United States) founded in 1999.. Nexsan has raised $17 million across 1 funding round from investors including Imation, VantagePoint Capital Partners and RRE Ventures. The company has 6 employees as of December 31, 2024. Nexsan has completed 2 acquisitions, including File Transporter Store and springtek. Nexsan offers products and services including E-Series, BEAST, Unity, and Assureon. Nexsan operates in a competitive market with competitors including United Information Technology, Boost.space, Datalight, Kadalu and proDryve, among others.
- Headquarter Thousand Oaks, United States
- Employees 6 as on 31 Dec, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nexsan, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17 M (USD)
in 1 rounds
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Latest Funding Round
$17 M (USD), Series B
Jan 15, 2004
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Investors
Imation
& 4 more
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Employee Count
6
as on Dec 31, 2024
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Investments & Acquisitions
File Transporter Store
& 1 more
- Acquired by
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Products & Services of Nexsan
Nexsan offers a comprehensive portfolio of products and services, including E-Series, BEAST, Unity, and Assureon. 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.
Delivers capacity and performance for structured workloads in small footprint.
Provides reliable storage for backup and digital video surveillance applications.
Offers unified storage for block, file, and object workloads with snapshots.
Ensures security, compliance, and long-term data retention against ransomware.
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Funding Insights of Nexsan
Nexsan has successfully raised a total of $17M through 1 strategic funding round. The most recent funding activity was a Series B round of $17 million completed in January 2004. 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 1
- Last Round Series B — $17.0M
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First Round
First Round
(15 Jan 2004)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2004 | Amount | Series B - Nexsan | Valuation | VantagePoint Capital Partners |
| 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 |
Investors in Nexsan
Nexsan has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Imation, VantagePoint Capital Partners and RRE 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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Venture capital firm
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Founded Year | Domain | Location | |
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VC firm investing in seed and early stage companies in the US
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Founded Year | Domain | Location | |
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Financial solutions are provided for special situations and lending.
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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 Nexsan
Nexsan has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include File Transporter Store and springtek. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Business and technology information content is created and published.
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2011 | ||||
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Platform offering disk storage solutions for enterprises
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nexsan
| 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 |
Nexsan Comparisons
Competitors of Nexsan
Nexsan 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 United Information Technology, Boost.space, Datalight, Kadalu and proDryve, 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 |
It functions as an unifies storage solutions.
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| domain | founded_year | HQ Location |
Cloud-based project management and CRM tools are provided by Boost.space.
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| domain | founded_year | HQ Location |
Enterprise file systems and flash storage management solutions are provided.
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| domain | founded_year | HQ Location |
Serves as a container storage solution for Kubernetes environments.
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| domain | founded_year | HQ Location |
Offers cloud-based storage management solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Nexsan
Frequently Asked Questions about Nexsan
When was Nexsan founded?
Nexsan was founded in 1999 and raised its 1st funding round 5 years after it was founded.
Where is Nexsan located?
Nexsan is headquartered in Thousand Oaks, United States. It is registered at Thousand Oaks, California, United States.
Is Nexsan a funded company?
Nexsan is a funded company, having raised a total of $17M across 1 funding round to date. The company's 1st funding round was a Series B of $17M, raised on Jan 15, 2004.
How many employees does Nexsan have?
As of Dec 31, 2024, the latest employee count at Nexsan is 6.
What does Nexsan do?
Nexsan (acquired by Imation) is a provider of data storage and security solutions having hybrid, data archiving and SAN offerings. Nexsan provides hybrid SAN storage arrays for all kinds enterprises. Since 1999, 11000 customers have used Nexsan with more than 33K systems deployed. Based in California, the company delivers its storage systems through a network of cloud service providers, resellers and solution integrators. Imation acquired Nexsan in 2013 for 120 Million along with 200 employees.
Who are the top competitors of Nexsan?
Nexsan's top competitors include Datalight, Boost.space and United Information Technology.
What products or services does Nexsan offer?
Nexsan offers E-Series, BEAST, Unity, and Assureon.
How many acquisitions has Nexsan made?
Nexsan has made 2 acquisitions, including File Transporter Store, and springtek.
Who are Nexsan's investors?
Nexsan has 5 investors. Key investors include Imation, VantagePoint Capital Partners, RRE Ventures, Serene Investment Management, and StorCentric.
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