About X-IO
X-IO is a company based in Colorado Springs (United States) founded in 1995 was acquired by Violin Systems in October 2018.. X-IO has raised $120 million across 5 funding rounds from investors including Seagate, Violin Systems and PV Ventures. X-IO has completed 1 acquisition, including Daticon EED. X-IO operates in a competitive market with competitors including Panzura, Red Hat, Elastifile, Lucidlink and Isilon, among others.
- Headquarter Colorado Springs, 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$120 M (USD)
in 5 rounds
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Latest Funding Round
$10 M (USD), Series B
Jan 12, 2017
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Investors
Seagate
& 6 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Funding Insights of X-IO
X-IO has successfully raised a total of $120M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in January 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 Funding
- Total Rounds 5
- Last Round Series B — $10.0M
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First Round
First Round
(11 Oct 1999)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2017 | Amount | Series B - X-IO | Valuation |
investors |
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| Sep, 2009 | Amount | Series B - X-IO | Valuation |
investors |
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| Nov, 2007 | Amount | Series B - X-IO | Valuation | Steve Luczo |
| 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 X-IO
X-IO has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Seagate, Violin Systems and PV 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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Founded Year | Domain | Location | |
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Strategic partnerships are formed with middle-market real estate companies.
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Founded Year | Domain | Location | |
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Venture capital investments are made in disruptive growth companies.
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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 X-IO
X-IO has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Daticon EED. 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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Document management and litigation services are provided.
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1986 |
| 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 - X-IO
| 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 |
X-Io Comparisons
Competitors of X-IO
X-IO 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 Panzura, Red Hat, Elastifile, Lucidlink and Isilon, 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 |
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| domain | founded_year | HQ Location |
Cloud-based network attached storage is provided for global file management.
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| domain | founded_year | HQ Location |
OpenStack distribution and Kubernetes cluster management are facilitated across clouds.
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| domain | founded_year | HQ Location |
Cloud-based NAS software is provided for elastic data centers.
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| domain | founded_year | HQ Location |
Provider of Cloud NAS based on object storage technology
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| domain | founded_year | HQ Location |
Scale-out network attached storage is provided for unstructured data management.
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| domain | founded_year | HQ Location |
Virtualization for high-end computing on x86 servers is delivered.
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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 X-IO
When was X-IO founded?
X-IO was founded in 1995 and raised its 1st funding round 4 years after it was founded.
Where is X-IO located?
X-IO is headquartered in Colorado Springs, United States. It is registered at Colorado Springs, Colorado, United States.
Is X-IO a funded company?
X-IO is a funded company, having raised a total of $120M across 5 funding rounds to date. The company's 1st funding round was a Series B of $40M, raised on Oct 11, 1999.
What does X-IO do?
X-IO was founded in 1995 in Colorado Springs, United States, and operates within the storage industry. Intelligent Storage systems are provided for enterprise applications, including transactional, reporting, and business intelligence workloads. Solutions support virtual desktop and server infrastructures, with deployment by over 1,000 enterprise customers. Recognition has been received from industry awards such as SQL Server Pro and CRN listings.
How many acquisitions has X-IO made?
X-IO has made 1 acquisition, including Daticon EED.
Who are X-IO's investors?
X-IO has 7 investors. Key investors include Seagate, Violin Systems, PV Ventures, FrontRange Capital, and Oak Investment Partners.
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