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Data Storage Company Nexenta Scores $21 Million In Series C Funding

Robin Wauters

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Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

Wednesday, January 18th, 2012
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nexenta

Data storage solutions provider Nexenta this morning announced that it has secured $21 million in Series C funding in a round led by new investor Menlo Ventures and joined by Sierra Ventures and Razor’s Edge Ventures, Javelin Venture Partners and TransLink Capital.

Nexenta claims its open source storage software solutions help enterprises avoid vendor lock-in and enjoy unified storage management at a fraction of the cost of legacy systems.

Nexenta has operations around the world in the United States (Mountain View, California), Russia, and India. Its customers include the U.S. Army and Korea Telecom.


Crunchbase

Company: Nexenta Systems
Website: nexenta.com
Launch Date: September 26, 2005
Funding: $45M

Nexenta Systems is the leading supplier of Software-defined Storage solutions. Its software-only platform, NexentaStor, delivers high-performance, ultra-scalable, cloud-and virtualization-optimized storage solutions. Built upon ZFS technology, and running on any industry-standard hardware, NexentaStor eliminates vendor lock-in and provides open, unified storage management at a fraction of the cost of legacy systems. Nexenta is privately held and based in Mountain View, California. The commercial software sold by Nexenta is called NexentaStorâ„¢, which is a software based NAS and iSCSI solution with features...

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