Nexenta Raises $20 Million to Accelerate Market Growth and IP Innovation in Software-Defined Storage; SoftBank Leads the Strategic Financing Round along with a Strategic Agreement

Funding Rounds

Summary

Nexenta Extends its Capabilities for Any Hybrid or Multi-Cloud Deployment, on Any Hardware Infrastructure, Supporting Any Enterprise Application via Any Edge, Private or Public Cloud Data Center“Nexenta is continuing its massive market disruption where legacy hardware storage companies had dominated the industry for the past 30+ years.We are delighted with our solid market growth via our tight customer and partner relations, deep IP innovation and unmatched operational excellence.Nexenta uniquely integrates software-only “open source” collaboration with one of the most active communities with 45,000+ members, and a comprehensive vision around commodity hardware-centric OpenSDS innovation enabling any app, any cloud platform and any protocol to power the largest and most performant data centers globally in the most cost effective way.Nexenta delivers its award- and patent-winning software-only unified storage management solutions along with enterprise-scale 24x7 global service and support with a market-leading global partner network, including Canonical, Cisco, Citrix, Dell, Docker, Google, HPE, IBM, Intel, Lenovo, Micron, Microsoft, Quanta, Samsung, Seagate, SoftBank, Supermicro, VMware, Western Digital, Wipro, and many others.

$ Funding

$
Amount $20.0M Total raised
Date December 4, 2017 Announcement date
Investors Notified Lead investors
Company http://www.nexenta.com Funded company

Classifications

industries
No industries detected
applications
Data Management

AskAI Classifications

Labels
Software-Defined Storage Enterprise Storage Software SaaS Storage Solutions

Linked Companies

INXPO
$5M to $10M
Nexenta
$10M to $25M