About NextIO
NextIO is a company based in Austin (United States) founded in 2003 by Chris Pettey. It operates as a B2B. NextIO has raised $75.01 million across 6 funding rounds from investors including Dell, Adams Capital Management and Crescendo Ventures. NextIO operates in a competitive market with competitors including Hewlett Packard Enterprise, OVHcloud, Lenovo, Dell and Inspur, among others.
- Headquarter Austin, United States
- Founders Chris Pettey
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$75.01 M (USD)
in 6 rounds
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Latest Funding Round
$12.3 M (USD), Series F
May 01, 2013
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Investors
Dell
& 4 more
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Employee Count
Employee Count
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Funding Insights of NextIO
NextIO has successfully raised a total of $75.01M across 6 strategic funding rounds. The most recent funding activity was a Series F round of $12.3 million completed in May 2013. 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 6
- Last Round Series F — $12.3M
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First Round
First Round
(26 Jan 2004)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series F - NextIO | Valuation |
investors |
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| Apr, 2011 | Amount | Series E - NextIO | Valuation | Adams Capital Management | |
| Jun, 2009 | Amount | Series D - NextIO | Valuation |
investors |
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| 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 NextIO
NextIO has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Dell, Adams Capital Management and Crescendo 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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Early-stage VC investments are made in US tech companies.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Sector-agnostic VC firm investing in geographies such as the US
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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 NextIO
| 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 - NextIO
| 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 |
Nextio Comparisons
Competitors of NextIO
NextIO 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 Hewlett Packard Enterprise, OVHcloud, Lenovo, Dell and Inspur, 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 |
HPC solutions are delivered via supercomputers and storage systems.
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| domain | founded_year | HQ Location |
Public cloud solutions and storage services are provided for applications.
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| domain | founded_year | HQ Location |
Diversified servers and hardware products are offered by Lenovo.
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| domain | founded_year | HQ Location |
Dell is recognized for providing computers and technology solutions.
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| domain | founded_year | HQ Location |
Data center infrastructure is managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Enterprise servers are designed, developed, and manufactured by Super Micro.
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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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Frequently Asked Questions about NextIO
When was NextIO founded?
NextIO was founded in 2003 and raised its 1st funding round 1 year after it was founded.
Where is NextIO located?
NextIO is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is NextIO a funded company?
NextIO is a funded company, having raised a total of $75.01M across 6 funding rounds to date. The company's 1st funding round was a Series D of $15.05M, raised on Jan 26, 2004.
What does NextIO do?
NextIO, led by Chris Pettey as Co-Founder, CTO, specializes in leveraging cutting-edge technology, hardware, server technology, and virtualization. Specializes in IO servers and virtualization solutions. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of NextIO?
NextIO's top competitors include Dell, Hewlett Packard Enterprise and Lenovo.
Who are NextIO's investors?
NextIO has 5 investors. Key investors include Dell, Adams Capital Management, Crescendo Ventures, JK&B Capital, and VentureTech Alliance.