X-IO

Colorado Springs, United States Founded: 1995 • Age: 31 yrs Acquired By Violin Systems
Intelligent storage systems for enterprise and VDI applications are developed.
Annual revenue - Latest available
Total funding $120.0M 5 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $120 M (USD)

    in 5 rounds

  • Latest Funding Round
    $10 M (USD), Series B

    Jan 12, 2017

  • Investors
    Seagate

    & 6 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Violin Systems

    & 2 more

    (Oct 16, 2018)

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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
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Strategic partnerships are formed with middle-market real estate companies.
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Venture capital investments are made in disruptive growth companies.
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Investor details for X-IO

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  • Investor domains
  • Investor locations
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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.

Investments
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Investment portfolio details for X-IO

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Document management and litigation services are provided.
Locked Locked 1986 Locked
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Complete acquisition details for X-IO

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Financial Statements - X-IO

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Detailed financials for X-IO

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X-Io Comparisons

X-IO Primary company
Description
Intelligent storage systems for enterprise and VDI applicati...
Location
Colorado Springs, United States
Founded Year
1995
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for X-IO

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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.

Company Name Domain Founded year HQ Location Description
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Cloud-based network attached storage is provided for global file management.
Locked Locked Locked
OpenStack distribution and Kubernetes cluster management are facilitated across clouds.
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Cloud-based NAS software is provided for elastic data centers.
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Provider of Cloud NAS based on object storage technology
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Scale-out network attached storage is provided for unstructured data management.
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Virtualization for high-end computing on x86 servers is delivered.
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Detailed competitors of X-IO

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Latest news on X-Io

Violin Acquires X-IO Storage, Axellio Spun Off
Storagereview7 years ago
Seagate to Acquire XIOtech
Itprotoday25 years ago
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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.

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's top competitors include Red Hat, Panzura and Lucidlink.

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.

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