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

Wednesday, January 18th, 2012

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

nexenta
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.


Company: Nexenta Systems
Website: nexenta.com
Launch Date: September 26, 2005
Funding: $21M

Nexenta Systems, Inc. is the leader in open source enterprise class storage solutions. Nexenta’s passion for breaking the chains forged by legacy storage products forms our mission statement: Enterprise Class Storage for Everyone. 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 that are superior to those of legacy hardware based NAS solutions, including unlimited incremental backups...

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