About X-IO
X-IO is a Technology company based in Colorado Springs (United States) founded in 1995, and was acquired by Violin Systems in October 2018. Intelligent storage systems for enterprise and VDI applications are developed. 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. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Virtualization, Server Virtualization and Enterprise Storage. Its competitors include Panzura, Red Hat and Lucidlink; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Colorado Springs, United States
- Stage Acquired
- SectorsTechnology
- Website xiostorage.com
- Social X
- Acquired by Violin Systems (Oct 2018)
- Total Equity Funding$120M (USD)
in 5 rounds
- Latest Funding Round$10M (USD), Series B
Jan 2017
- InvestorsSeagate
& 6 more
- Investments & Acquisitions
- Acquired by
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 $120M
- Total Rounds 5
- Last Round Series B — $10M
- First Round $20M
(Oct 1999)
- Investors Count 5
All 5 funding rounds of X-IO 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 |
|---|---|---|---|---|---|
| Jan 2017 | $10M | Series B | – | – | |
| Sep 2009 | $10M | Series B | – | – | – |
| Nov 2007 | $40M | Series B | – | Steve Luczo | |
| Nov 2007 | $40M | Private Equity Round | – | – | – |
| Oct 1999 | $20M | Series B | – | TCV | – |
7 investors in total: 6 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| pvventuresllc.com | ||||
Strategic partnerships are formed with middle-market real estate companies. | frontrangecap.com | Denver, United States | ||
Venture capital investments are made in disruptive growth companies. | oakvc.com | Greenwich, United States | ||
Venture capital is invested in global technology companies by TCV. | tcv.com | Menlo Park, United States | ||
DAS storage devices are supplied for enterprise and client applications. | 1979 | seagate.com | Scotts Valley, United States | |
High-speed flash storage devices are developed using Flash Fabric Architecture. | 2005 | violinsystems.com | San Jose, United States | |
SL Steve Luczo | unknown_3050bd64de8549f18 |
Investor details for X-IO
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Investments & Acquisitions by X-IO
X-IO has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Daticon EED.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Document management and litigation services are provided. | daticon-eed.com | Kirkland, United States | 1986 | Feb 2006 | $30M |
Complete acquisition details for X-IO
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Timeline of X-IO
7 dated milestones of X-IO across 23 years, from founding to its latest funding, stage changes and deals.
- Founded X-IO is founded.
- Funding First funding round of $20.0M.
- Exit Acquired by Seagate.
- Exit Acquired by Oak Investment Partners.
- Acquisition Acquires Daticon EED.
- Funding Latest funding round, Series B, of $10.0M.
- Exit Acquired by Violin Systems.
Competitors of X-IO
X-IO has 3 listed competitors in our database, 2 of them funded. They include Panzura, Red Hat and Lucidlink.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| panzura.com | 2008 | Campbell, United States | $168.03M | 107 | Cloud-based network attached storage is provided for global file management. | |
| redhat.com | 1993 | Raleigh, United States | OpenStack distribution and Kubernetes cluster management are facilitated across clouds. | |||
| lucidlink.com | 2016 | San Francisco, United States | $113.4M | Provider of Cloud NAS based on object storage technology |
Detailed competitors of X-IO
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- Full competitor set
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Web traffic of X-IO
Websites that share an audience with X-IO (xiostorage.com).
Websites whose visitors overlap most with X-IO. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nimblestorage.com | 100% | 7.7K | #1,756,241 | View details | |
celticwolf.com | celticwolf.com | 96% | – | ||
| netapp.com | 92% | 1.4M | #31,429 | View details | |
hds.com | hds.com | 92% | #2,504,862 | – | |
| datacore.com | 86% | 56.2K | #650,497 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 23 similar websites and full traffic analytics for X-IO
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- 23 similar websites
- Audience overlap
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Top companies in Enterprise Storage
3 companies that operate in the same segment as X-IO (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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Related news about X-Io
Complete news archive for X-IO
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Frequently Asked Questions about X-IO
X-IO was founded in 1995 and raised its 1st funding round 4 years after it was founded.
X-IO is headquartered in Colorado Springs, United States. It is registered at Colorado Springs, Colorado, United States.
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 $20M, raised on Oct 1999.
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.
X-IO has made 1 acquisition, including Daticon EED.
X-IO has 7 investors. Key investors include Seagate, Violin Systems, PV Ventures, FrontRange Capital, and Oak Investment Partners.
Yes. X-IO was acquired by Violin Systems in October 2018.