Enterprise Storage Report Highlights Key Trends

Enterprise Storage Report – November 2016
Tracxn
World’s Largest Startup Research Platform
2

Contents
Topic Page No.
Scope of Report 04
Entrepreneur Activity 06
Investment Trend 10
Who is Investing 21
Exit Outlook - IPO, Acquisitions 25
Sub Sector Analysis 29
Interesting Companies 44
Useful Links 50
Company List 53
Team 124

Sector Overview
Scope of report
This report covers companies that provide storage technologies for enterprise customers. Companies providing Scale Out NAS,
Hybrid Storage, Converged Infrastructure, NVRAM are all required for enterprise companies which are data heavy and look for
high IOPS, distributed computing. This report is for all enterprises setting up data centers and like environments and its doesn’t
cover cloud storage providers.
Following are the major business models in the sector:
The scope of this report includes equity as well as debt funding received by the companies.
Business Model Description
Converged Infrastructure
Grouping of storage, computing and networking components in an IT environment. This enables consolidation,
centralization of IT resources, further getting best out of virtualized environments.
Software Defined Storage
Data storage technologies which separate storage hardware from the software that manages the storage
infrastructure. The software enabling a software-defined storage environment provides policy management for
feature options such as deduplication, replication, thin provisioning, snapshots and backup.
Backup
Backup storage is storage that is intended as a copy of the storage that is actively in use so that, if the storage
medium such as a hard disk fails and data is lost on that medium, it can be recovered from the copy
Passive Storage
Less expensive storage media, such as optical storage, SSDs, hard disks which is used to store less frequently used
data
Active Storage Storage solutions which are used for data which is accessed frequently (active data)

Scope of Report
Entrepreneur Activity
Investment Trend
Who is Investing
Exit Outlook - IPO, Acquisitions
Sub Sector Analysis
Interesting Companies
Useful Links
Company List
Team
5

34
30
44
22
24
12
0
10
20
30
40
50
2010 2011 2012 2013 2014 2015
NumberofCompanies
6
YoY – Number of companies founded
SolidFire Infinidat Qumulo Primary Data Rubrik InterModal Data
Tegile Cloudian DataGravity Cohesity ClearSky Data Intigry.IO

Large Upcoming Sectors
No. of Companies
Founded
Average
Age
No. of Companies
Funded
Business Model
Total
Funding
Example
28 Jul-2010 19 Converged Infrastructure $1.2B zionbyte.com
ZionByte
2014, Beijing
41 Feb-2010 32 Software Defined Storage $750M zebware.com
Zebware
2013, Stockholm
18 Feb-2010 14 Active Storage > All Flash Arrays $1.3B zstor.de
Zstor
2009, Kaarst
11 Jul-2008 6 File System > Object Storage $107M swiftstack.com
SwiftStack
2011, San Francisco
25 Sep-2007 20 Active Storage > Hybrid Storage $1.4B zadarastorage.com
Zadara Storage
2011, Yokneam Illit
26 Aug-2007 16 File System $287M whamcloud.com
Whamcloud, Inc.
2010, Danville
8 May-2007 7 NAS > Cloud Storage Gateway $226M twinstrata.com
TwinStrata
2007, Natick
35 Jun-2006 24 Passive Storage > SSD $824M virtensys.com
Virtensys
2005, Beaverton

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
8

YoY – Number of Rounds and Total Funding
Note: The funding includes debt rounds also.
$602M
$484M
$660M $645M
$975M
$1.3B
$1.5B
$1.4B
$780M45
55
67
62
90
73 71
54
28
0
20
40
60
80
100
0
320
640
960
1280
1600
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
FundingAmount(inMillions)
Funding Amount Number of Rounds

YoY – Number of Rounds by Stage
8
16
3
8 6
1
35
38
38
34
28
16
19
33
30 27
16
10
0
20
40
60
80
100
2011 2012 2013 2014 2015 2016
NumberofRounds
Seed Early Late

YoY – Funding by Stage
$10M $19M $4M $4M $4M $2M
$305M
$365M $419M
$240M
$662M
$221M
$330M
$564M
$855M
$931M
$501M
$503M
0
280
560
840
1120
1400
2011 2012 2013 2014 2015 2016
TotalFundingAmount(inMillions)
Seed Early Late

Average Ticket Size – Early Stage
$0.7M
$1.5M $1.4M
$0.5M $0.9M
$1.5M
$5.9M
$8.6M $9.0M
$8.2M
$7.0M
$9.6M
$14.7M $14.0M $13.5M
$12.2M
$41.3M
$18.1M
0.0
9.0
18.0
27.0
36.0
45.0
2011 2012 2013 2014 2015 2016
Seed Series A Series B

Top investments in last one year
Company
Funding
Amount
Round
Name
Date Investors
storagecraft.com
StorageCraft
(Draper, 2003)
$187M PE Jan-2016
datto.com
Datto
(Norwalk, 2007)
$75M Series B Nov-2015 Technology Crossover Ventures
rubrik.com
Rubrik
(Palo Alto, 2014)
$61M Series C Aug-2016 Khosla Ventures, Lightspeed Venture Partners, Greylock Partners
pivot3.com
Pivot3
(Austin, 2003)
$55M Series G Mar-2016 S3 Venture
druva.com
Druva
(Pune, 2008)
$51M Series E Sep-2016
Sequoia Capital, EDBI, Blue Cloud Ventures, HTGC, NTT Finance, Nexus Venture
Partners, Tenaya Capital
zerto.com
Zerto
(Herzliya, 2009)
$50M Series E Jan-2016
Institutional Venture Partners, Access Industries, 83North, Battery Ventures, Harmony
Partners, RTP Ventures, US Venture Partners
cloudian.com
Cloudian
(Foster City, 2011)
$41M Series D Oct-2016
Lenovo, Epsilon Venture Partners, City National Bank, DVP Investment, Intel Capital,
Innovation Network Corporation of Japan, Eight Roads Ventures, Goldman Sachs
datera.io
Datera
(Mountain View, 2013)
$40M Series B Apr-2016 Khosla Ventures, Samsung Venture Investment

Company
Funding
Amount
Round
Name
Date Investors
diablo-technologies.com
Diablo Technologies
( , 2003)
$37M Series C Aug-2016
ICV, Battery Ventures, Celtic House Venture Partners, BDC Capital, Hasso Plattner
Ventures, Genesis Capital
elastifile.com
Elastifile
(Herzliya, 2013)
$35M Series B Jan-2016 Battery Ventures, Lightspeed Venture Partners
weka.io
Weka.IO
(Tel Aviv, 2014)
$32M Series B Jun-2016 Qualcomm Ventures, Gemini Israel Ventures, Norwest Venture Partners
qumulo.com
Qumulo
(Seattle, 2012)
$31M Series C May-2016
clearskydata.com
ClearSky Data
(Boston, 2014)
$27M Series B Nov-2015 General Catalyst Partners, Highland Capital Partners, Polaris Partners, Akamai
ctera.com
CTERA
(Petah Tikva, 2008)
$25M Series D Sep-2016 Bessemer Venture Partners, Cisco, Vintage Investment Partners
zerto.com
Zerto
(Herzliya, 2009)
$20M Series E Jun-2016
Charles River Ventures, Institutional Venture Partners, 83North, US Venture Partners,
Access Industries, ClalTech, Battery Ventures, Harmony Partners, RTP Ventures
gridstore.com
Gridstore
$19M Series B Jan-2016 Acero Capital, GGV Capital, ONSET Ventures, Atlantic Bridge Capital

Company
Funding
Amount
Round
Name
Date Investors
cloudistics.com
Cloudistics
(Reston, 2014)
$15M Series A Jun-2016 Bain Capital Ventures
paviliondata.com
Pavilion Data
(Saratoga, 2014)
$15M Series A Jan-2016 KPCB, Artiman Ventures, SK Telecom Americas Innopartners
iguaz.io
iguaz.io
(Herzliya, 2014)
$15M Series A Nov-2015 Magma Venture Partners, Jerusalem Venture Partners
diamanti.com
Diamanti
(San Jose, 2014)
$13M Series A Apr-2016 Charles River Ventures, Draper Fisher Jurvetson, Goldman Sachs, GSR Ventures
e8storage.com
E8 Storage
(Tel Aviv, 2014)
$12M Series B May-2016 Accel Partners, Magma Venture Partners, Vertex Ventures
crossroads.com
Crossroads
(Austin, 1996)
$10M PE Nov-2015 Techquity
scality.com
Scality
(San Francisco, 2010)
$10M Series D Dec-2015 Hewlett Packard Enterprise
caringo.com
Caringo
(Austin, 2005)
$9M Series B Sep-2016

Company
Funding
Amount
Round
Name
Date Investors
nxgndata.com
NxGn Data
(Irvine, 2013)
$6M Series A Apr-2016
formationds.com
Formation Data
(Fremont, 2013)
$6M Series B Jun-2016
caringo.com
Caringo
(Austin, 2005)
$5M Series B Aug-2016
mangstor.com
Mangstor
(Austin, 2012)
$5M Series B Jun-2016
kazan-networks.com
Kazan Networks
( , 2014)
$5M Series A Jul-2016 Samsung Venture Investment, Intel Capital, Western Digital
enmotus.com
Enmotus
(Aliso Viejo, 2010)
$4M Series B Nov-2015
cobaltiron.com
Cobalt IRON
(Lawrence, 2012)
$2M Seed Jun-2016

Company
Funding
Amount
Round
Name
Date Investors
druva.com
Druva
(Pune, 2008)
Series E Apr-2016 NTT Finance
elastifile.com
Elastifile
(Herzliya, 2013)
Series B Jun-2016 Cisco Investments
memblaze.com
Memblaze
(Beijing, 2011)
Series C Dec-2015 Globals Tech., Qualcomm Ventures

Funnel view of Sector
Percent of
Previous
69%
98%
51%
171
104
165
326
332
484
0 100 200 300 400 500
M&A & IPO
Late
Series B
Series A
Funded
Founded
Number of Companies

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
20

Most Active Investors in Sector
22
19
18
16
13
12
11
10 10 10
0
5
10
15
20
25
Lightspeed
Venture Partners
NEA Western Technology
Investment
Intel
Capital
Menlo
Ventures
Battery
Ventures
Mayfield Accel
Partners
Sequoia
Capital
US Venture
Partners
TotalNumberofRounds
XtremIO Tintri Ciphermax Panasas Tintri Zerto ONStor SimpliVity Virident Systems Zerto
Nutanix SolidFire Nishan Systems Virident Systems Coraid XtremIO Formation Data Virident Systems Druva Diablo Technologies

Where are Top Investors investing
Lightspeed
Venture
Partners
NEA
Western
Technology
Investment
Intel Capital
Menlo
Ventures
Battery
Ventures
Mayfield
Accel
Partners
Sequoia
Capital
US Venture
Partners
Active Storage
XtremIO,Tintri,Ni
mble Storage
Tintri,SolidFire,Cl
eversafe
PowerFile
Panasas,Nirvanix
,Coho Data
Tintri, Schooner
Information
Technology
XtremIO, Diablo
Technologies,Co
hesity
StorSimple,
Quantum
Nimble Storage,
Cohesity, E8
Storage
Kaminario,
Nimble Storage,
Cohesity
Diablo
Technologies
Backup Rubrik,Avamar
Code42, ProStor
Systems, Data
Domain
Sepaton, ProStor
Systems, Avamar
Storage
Appliance
Corp,Reduxio
Carbonite,Sepat
on
Zerto Legato Code42 Druva Zerto
SAN Nishan Systems
Chelsio,Drobo,
Gadzoox
Networks
Nishan Systems,
Sanera, ONStor
United
Information
Technology,
BlueWhale
Coraid,Spinnaker
Networks
ONStor Chelsio
Converged
Infrastructure
Nutanix,Pivot3,D
atrium
Datrium Cloudian Nutanix Formation Data SimpliVity
Passive Storage
Fusion-io,SK
hynix memory
solutions,Pliant
Technology
Fusion-io, 3Ware
Virident
Systems,Anobit,
Kazan Networks
Pliant
Technology
Anobit SanDisk
Virident
Systems, Fusion-
io
Virident
Systems, Sanrad
3Ware, Astute
Networks,
SanDisk
NAS
Avere,Cirtas
Systems, Inc.
Troika Networks,
Agami Systems,
Cirtas Systems,
Inc.
Connected Data
Troika Networks,
Exanet
Avere Copan Systems SGI Acopia Networks Exablox, Iomega
Software
Defined Storage
Primary
Data,Elastifile,
Plexistor
Storvisor
Nexenta,
Gridstore,
Atlantis
Computing
Maxta,
Amplidata
Scality, Nexenta
Primary Data,
Elastifile,
Excelero
Portworx Primary Data
Storvisor,
Pengyun
Network
Jeda Networks

Top Investor by Stage of Entry
Lightspeed Venture Partners 11
NEA 9
Battery Ventures 6
Intel Capital 6
Charles River Ventures 5
Greylock Partners 5
Menlo Ventures 5
Accel Partners 4
Cisco 4
Highland Capital Partners 4
Menlo Ventures 9
NEA 9
Intel Capital 8
Greylock Partners 7
Sequoia Capital 7
Focus Ventures 6
Globespan Capital Partners 6
Battery Ventures 5
Seed Series A Series B Later Stage
NEA 8
Battery Ventures 7
Intel Capital 5
Sequoia Capital 5
Accel Partners 4
Draper Fisher Jurvetson 4
General Catalyst Partners 4
Greylock Partners 4
Valhalla Partners 4
First Round Capital 2
General Catalyst Partners 2
Valhalla Partners 2
AME Cloud Ventures 1
Accel Partners 1
Andreessen Horowitz 1
Ben Franklin Technology
Partners
1
Betaworks 1
Bpifrance 1

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
24

Top IPOs in last three years
IPO Date Company Overview
Funding
Amount
Mcap at IPO
Exch:Ticker
Sep-2016 nutanix.com
Nutanix
(San Jose, 2009)
Converged Compute and storage infrastructure
Lightspeed Venture Partners, Morgan Stanley, Khosla Ventures, Goldman Sachs,
Battery Ventures, Sapphire Ventures, Accelerator Ventures, Riverwood Capital,
Greenspring Associates, Blumberg Capital, Riverwood Capital, Sapphire Ventures
$312.2M NTNX
Oct-2015 purestorage.com
Pure Storage
All-flash Enterprise Storage
Greylock Partners, Redpoint Ventures, Index Ventures, Institutional Venture
Partners, Tiger Global Management, Glynn Capital, T. Rowe Price, Sutter Hill
Ventures, Ascend Venture Group, In-Q-Tel, Wellington Management, Samsung
Venture Investment
$533.07M PSTG
Dec-2013 nimblestorage.com
Nimble Storage
(San Jose, 2007)
Primary Storage,Backup,Disaster Recovery
Accel Partners, Lightspeed Venture Partners, Sequoia Capital, GGV Capital, Glynn
Capital, Wing Venture Capital, ARTIS Ventures
$90.48M NYSE: NMBL

Major Acquisitions in last one year
Date Company Acquirer Deal Size Overview
Total
Funding
May-2016 thecus.com
Thecus
(Taipei, 2004)
ennoconn.com Null USD
NAS, DAS and Network video recorder solutions
Jun-2016 qlogic.com
QLogic
(Aliso Viejo, 1994)
cavium.com $1.4B
Storage and Converged networking components
Western Technology Investment, Saints Capital, Citadel
Jan-2016 evault.com
EVault
(Boston, 1997)
carbonite.com Null USD
Cloud data back up , disaster recovery and HPC storage.
Council Ventures, BEST Funds, Council Capital, Massey Burch, River
Cities Capital Funds, bestcapital.ca
$14.5M
Jan-2016 nexgenstorage.com
NexGen Storage
(Louisville, 2009)
pivot3.com Null USD
Delivers PCIe solid state managed with performance QoS
Next World Capital, Grotech Ventures, Access Venture Partners
$12M
Dec-2015 inotera.com
Inotera memories
(Taoyuan City, 2003)
micron.com $4.0B
Provider of DRAM foundry services
Dec-2015 solidfire.com
SolidFire
(Boulder, 2010)
netapp.com $870M
Cloud computing Infrastructure
NEA, Novak Biddle Venture Partners, Valhalla Partners, Greenspring
Associates, Samsung Venture Investment
$150M
Aug-2016 sgi.com
SGI
(Fremont, 1980)
hpe.com $275M
High-performance computing hardware manufacturer
NEA, Mayfield, InterWest Partners, Sevin Rosen Funds,
Tennenbaum Capital Partners, Whippoorwill Associates, Inc.
Aug-2016 pernixdata.com
PernixData
(San Jose, 2012)
nutanix.com Null USD
Server side flash virtualization
Lightspeed Venture Partners, KPCB, Menlo Ventures
$62M

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
27

Cumulative funding in the sectorPractice Area – Enterprise Infrastructure | Analysts: @harinikancharan
November 2016Tracxn BlueBox : Enterprise Storage
400+ companies in the sector, 168 funded in last 5 years, ~$1.9B invested in 2015/16
Most Active Investors: LSVP, Intel Capital, NEA, Battery
STORAGEMANAGEMENT
DataGravity(2012,$92M)
SAN
BlueArc (1998, $221M)
NAS
Nasuni (2009, $53M)
CONVERGED INFRASTRUCTURE
Nutanix (2009, $312M)
SOFTWARE DEFINED STORAGE
Scality (2010, $90M)
FILE SYSTEM
Caringo(2005, $33M)
BACKUP
Code42 (2001, $138M)
SERVER SIDE CACHING
Pernix Data (2012, $62M)
ACTIVE STORAGEPASSIVE STORAGE
OPTICAL STORAGE
HVault (2011)
ALL FLASH ARRAYS
PureStorage (2009, $475M)
HYBRID STORAGE
Tintri (2008, $260M)
NVRAM
Numonyx (2008, $150M)
SSD
Virident (2006, $142M)
HDD
SKH Memory (2012, $70M)
SUITE
NetApp (1992, IPO)IBM Systems (1896, IPO)EMC (1979, IPO)
$538M$1.5B$130M
$3.3B$923M
$1.4B$830M
$1.1B$676M
$312M

Description of Key Business ModelsDescription of key Technologies/Business Models in Enterprise Storage and their marquee companies
• NVRAM - Non Volatile Random Access Memory (NVRAM) is a technology that continues to retain data even after the power is turned off. This
is in contrast to DRAM and SRAM that lose data upon loss of power.
• All Flash Arrays - A flash array is a solid state storage disk(SSD) system that contains multiple flash memory drives instead of spinning hard disk
drives.
• Hybrid Storage - Hybrid drives are a combination of NAND based flash SSDs with hard disk (HDD) technology, primarily for cost effectiveness
and to increase IOPS. Hybrid storage is available in two formats, Dual Drive - HDD and SSD separately on a single machine and Solid State
Hybrid drive (SSHD) - HDD and SSD in a singe integrated device
• Optical Storage – Devices which use a laser light to read information on the disc and to "write" new information to the disk for future retrieval
• HDD - Devices which use one or more rigid rapidly rotating magnetic disks (platters) to store data
• SSD - Storage devices which primarily use an integrated circuit(IC) as memory to store data
• SAN - A storage area network (SAN) is a dedicated network that provides access to consolidated, block level data storage. SANs are primarily
used to enhance storage devices, such as disk arrays, tape libraries, and optical jukeboxes, accessible to servers so that the devices appear like
locally attached devices to the operating system.
• NAS - Network-attached storage (NAS) is file-level computer data storage connected to a computer network providing data access to a
heterogeneous group of clients.
• Converged Infrastructure - is the grouping of storage, computing and networking components in an IT environment. This enables
consolidation, centralization of IT resources, further getting best out of virtualized environments.
• Software Defined Storage - Data storage technologies which separate storage hardware from the software that manages the storage
infrastructure. The software enabling a software-defined storage environment provides policy management for feature options such as
deduplication, replication, thin provisioning, snapshots and backup.
• File System - The method and data structures that an operating system use to organize the files on the disk
• Server Side Caching - Server side caching involves the activity of caching 'hot' data on the server, rather than pushing it to storage. This
reduces I/O bottlenecks and significantly improves performance. In some cases flash storage is also used for caching and this is known as
'server side flash caching'.
• Backup - storage is intended to be kept as a copy of the storage that is actively in use so that, if the storage medium such as a hard disk fails
and data is lost on that medium, it can be recovered.
30

Top Business Models by Funding
$3.4B
$1.6B
$1.4B
$1.1B
$924M $870M
$749M
$535M
$305M $208M
0
800
1600
2400
3200
4000
Active
Storage
Backup SAN Converged
Infrastructure
Passive
Storage
NAS Software
Defined Storage
Storage
Management
File
System
Copy Data
Management
TotalFundingAmount(inMillions)
# Cos. 56 124 49 28 57 52 41 34 26 2
Avg. Age Nov-07 Nov-02 Jan-00 Jul-10 Nov-99 Aug-03 Feb-10 Aug-01 Aug-07 Jan-11
Pure Storage StorageCraft BlueArc Nutanix Virident Systems Troika Networks Primary Data DataGravity Basho Actifio
Violin Memory Code42 Pillar Data SimpliVity Fusion-io Avere Scality Ciphermax GreenBytes Catalogic Software

Active Storage – Business Model Description
Storage solutions which are used for data which is accessed frequently (active data)
Hybrid Storage All Flash Arrays NVRAM
Storage solutions which are used for data
which is accessed frequently (active data)
Non Volatile Random Access Memory
(NVRAM) is a technology that continues to
retain data even after the power is turned
off. This is in contrast to DRAM and SRAM
that lose data upon loss of power.
Hybrid drives are a combination of NAND
based flash SSDs with hard disk (HDD)
technology, primarily for cost effectiveness
and to increase IOPS. Hybrid storage is
available in two formats, Dual Drive - HDD
and SSD separately on a single machine
and Solid State Hybrid drive (SSHD) - HDD
and SSD in a singe integrated device.

Active Storage – Entrepreneur Activity and
Investment Trend
$274M
$96M
$152M
$269M
$459M
$578M $555M
$643M
$88M
9
14 13
16
26
19
12
18
5
0
6
12
18
24
30
0
140
280
420
560
700
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
YoY – Total Funding and No. of Rounds
$1422M
$1234M
$717M
0
320
640
960
1280
1600
Hybrid Storage All Flash Arrays NVRAM
BM wise Investment
5
7
6
4
6
3
5
1
0
2
3
5
6
8
2008 2009 2010 2011 2012 2013 2014 2015
NumberofCompaniesFounded
YoY – No. of Companies Founded
43
5
3 2 1
0
10
20
30
40
50
United States Israel Canada Taiwan Germany
NumberofCompanies
Distribution of Companies across Countries

Active Storage – Most Funded Companies
Company Overview Business Model
Funding
Amount
purestorage.com
Pure Storage
(2009, Mountain View)
Greylock Partners, Redpoint Ventures, Index Ventures, Institutional Venture Partners, Tiger Global
Management, Glynn Capital, T. Rowe Price, Sutter Hill Ventures, Ascend Venture Group, In-Q-Tel,
Wellington Management, Samsung Venture Investment
Active Storage > All
Flash Arrays
$533.07M
violin-memory.com
Violin Memory
High Speed flash storage
Highland Capital Partners, Juniper Networks, Sapphire Ventures, Saints Capital, GE Capital Canada,
Windcrest Partners, Corsa Ventures, Toshiba Corporation, Toshiba Polska, Sapphire Ventures
Flash Arrays
$268M
tintri.com
Tintri
Smart storage for virtualization & cloud
Insight Venture Partners, Lightspeed Venture Partners, NEA, Menlo Ventures, Four Rivers Group, Silver Lake
Active Storage >
Hybrid Storage
$260M
infinidat.com
Infinidat
(2011, Herzliya)
Low-cost hybrid storage provider
TPG, Security Growth Partners
Active Storage >
Hybrid Storage
$230M
numonyx.com
Numonyx
(2008, Rolle)
Non-volatile memory design for consumer and industrial needs
Francisco Partners
Active Storage >
NVRAM > CBRAM
$150M
solidfire.com
SolidFire
(2010, Boulder)
NEA, Novak Biddle Venture Partners, Valhalla Partners, Greenspring Associates, Samsung Venture
Investment
Flash Arrays
$150M
panasas.com
Panasas
(1999, Sunnyvale)
High Performance hybrid NAS
Goldman Sachs, Mohr Davidow Ventures, Intel Capital, Focus Ventures, Novak Biddle Venture Partners,
Northgate, ITOCHU Corporation, Industry Ventures, Centennial Ventures, The Carlyle Group, ORIX,
Avidbank, HighGearVentures
Active Storage >
Hybrid Storage
$144.13M
tegile.com
Tegile
(2010, Newark)
Hybrid Storage Arrays
SanDisk, Meritech Capital, August Capital, Capricorn, Western Digital, ATEL Capital Group, Cross Creek
Advisors, Pine River Capital, Moment Ventures
Active Storage >
Hybrid Storage
$117.52M

Backup – Business Model Description
Backup storage is storage that is intended as a copy of the storage that is actively in use so that, if the storage medium such as a
hard disk fails and data is lost on that medium, it can be recovered from the copy.
Local Cloud Enabler - Cloud Suite
Backup products and services
which include local, cloud
based backup services

Backup – Entrepreneur Activity and Investment
Trend
$64M
$88M
$55M
$86M $94M
$126M
$85M
$219M
$371M
9
15
12
17
14 13
9
5 5
0
4
7
11
14
18
0
80
160
240
320
400
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
$636M
$608M
$232M
$91M
0
140
280
420
560
700
Cloud Local Suite Enabler - Cloud
BM wise Investment
9
7
4
6 6
2
4
3
0
2
4
6
8
10
2008 2009 2010 2011 2012 2013 2014 2015
79
9
4 4 4
0
18
36
54
72
90
United States United Kingdom Canada India Switzerland
NumberofCompanies

Backup – Most Funded Companies
Funding
Amount
storagecraft.com
StorageCraft
(2003, Draper)
Backup solutions for Enterprise, OEM and small businesses
TA Associates
Backup > Suite $187M
code42.com
Code42
(2001, Minneapolis)
Cloud based endpoint data protection, backup & security solution
Accel Partners, NEA, Split Rock Partners, JMI Equity Fund
Backup > Cloud $137.5M
zerto.com
Zerto
(2009, Herzliya)
Disaster Recovery for Virtualized Environments
Greylock Partners, Charles River Ventures, Institutional Venture Partners, Battery Ventures, US
Venture Partners, RTP Ventures, Access Industries, Harmony Partners, 83North, ClalTech
druva.com
Druva
(2008, Pune)
Enterprise endpoint backup & DLP solution
Nexus Venture Partners, Sequoia Capital, Tenaya Capital, Indian Angel Network, EDBI, NTT
Finance, HTGC, SternFisher, Blue Cloud Ventures, Orios Venture Partners, Splice Capital
Backup > Cloud $118M
rubrik.com
Rubrik
(2014, Palo Alto)
De-duplicated storage based converged data management platform
Greylock Partners, Lightspeed Venture Partners, Khosla Ventures
datto.com
Datto
(2007, Norwalk)
Backup storage provider with NAS
Technology Crossover Ventures, General Catalyst Partners
Backup > Local $100M
exagrid.com
ExaGrid
(2002, Westborough)
Disk based backup solutions
Highland Capital Partners, Tenaya Capital, Sigma Partners, Investor, Lehman Brothers, Sigma
Prime Ventures, Kepha Partners, Investor Growth Capital
Backup > Local $72.1M

Converged Infrastructure – Entrepreneur Activity
and Investment Trend
Converged Infrastructure is the grouping of Storage, Computing and Networking components in an IT environment. This enables
consolidation, centralization of IT resources, further getting best out of virtualized environments.
$24M
$8M
$68M
$39M
$117M
$83M
$351M
$252M
$205M
1
6 6
3
11
8
14
6
5
0
3
6
10
13
16
0
80
160
240
320
400
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
1
4
2 2
6
2
4
3
0
1
3
4
6
7
2008 2009 2010 2011 2012 2013 2014 2015

Converged Infrastructure – Most Funded
Companies
Funding
Amount
nutanix.com
Nutanix
(2009, San Jose)
Lightspeed Venture Partners, Morgan Stanley, Khosla Ventures, Goldman Sachs, Battery Ventures, Sapphire
Ventures, Accelerator Ventures, Riverwood Capital, Greenspring Associates, Blumberg Capital, Riverwood
Capital, Sapphire Ventures
Converged
Infrastructure
$312.2M
simplivity.com
SimpliVity
(2009, Westborough)
Optimized IT Infrastructure Platform
Accel Partners, Charles River Ventures, KPCB, Meritech Capital, Eastward Capital Partners, DFJ Growth,
Swisscom, Draper Nexus, Waypoint
Converged
Infrastructure
$276M
pivot3.com
Pivot3
(2003, Austin)
All flash hyper converged appliance
Lightspeed Venture Partners, Wilson Sonsini Goodrich & Rosati, InterWest Partners, Focus Ventures,
Comerica, S3 Venture, Mesirow Financial, Silver Creek Ventures, Northleaf Capital Partners, Samsung
Venture Investment
Converged
Infrastructure
$226.44M
cloudian.com
Cloudian
(2011, Foster City)
Cloud Object Storage and Converged Infrastructure provider
Lenovo, Goldman Sachs, Goldman Sachs, Intel Capital, City National Bank, Innovation Network Corporation
of Japan, Fidelity Growth Partners, Eight Roads Ventures, DVP Investment, Epsilon Venture Partners
Converged
Infrastructure
$81.7M
scalecomputing.com
Scale Computing
(2006, Indianapolis)
Hyperconverged infrastructure systems
Benchmark Capital, Scale Venture Partners, Blue Chip Venture, Northgate, Spring Mill Venture Partners, The
CID Group, First Analysis, Allos Ventures, ABS Capital Partners, Heron Capital, Reservoir Venture Partners,
CID Capital
Converged
Infrastructure
$65.96M
formationds.com
Formation Data
(2013, Fremont)
Software defined storage platform
Mayfield, Dell, Pelion Venture Partners, Square 1 Bank, Third Point Ventures
Converged
Infrastructure
$60.2M
datrium.com
Datrium
(2012, Sunnyvale)
IO processing & active data converging storage device
Lightspeed Venture Partners, NEA
Converged
Infrastructure
$55M
symbolicio.com
Symbolic IO
(2012, Edison)
Stealth Mode Storage Startup Converged
Infrastructure
$15.15M

Passive Storage – Business Model Description
Less expensive storage media, such as optical storage, SSDs, hard disks which is used to store less frequently used data
SSD Optical Storage HDD Photosensitive Film
Devices which use a laser light
to read information on the
disc and to "write" new
information to the disc for
future retrieval.
Devices which use one or
more rigid rapidly rotating
magnetic disks (platters) to
store data
Uses a photosensitive Film for
the purpose of a long term
preservation
Storage devices which
primarily integrated circuit
assemblier as memory to store
data.

Passive Storage – Entrepreneur Activity and
Investment Trend
$61M
$169M
$188M
$104M $95M
$138M
$22M
$421M
$11M
5
8
10 10
8
7
5
4
5
0
2
5
7
10
12
0
90
180
270
360
450
2008 2009 2010 2011 2012 2013 2014 2015 2016
NumberofRounds
2
5
1
5
2
3
2
1
0
1
2
4
5
6
2008 2009 2010 2011 2012 2013 2014 2015
38
4 3 3 2 1 1 1
0
8
16
24
32
40
United
States
China Taiwan United
Kingdom
Japan Australia Bulgaria
NumberofCompanies

Passive Storage – Most Funded Companies
Funding
Amount
virident.com
Virident Systems
(2006, Milpitas)
PCIe SSDs, Flash Storage Hardware and Software Products
Accel Partners, Sequoia Capital, Cisco, Intel Capital, Seagate, Globespan Capital Partners, Artiman,
Mitsui Global Investment, HTGC, Spansion, Musea Ventures
Passive Storage >
SSD
$142M
fusionio.com
Fusion-io
(2006, Salt Lake City)
Flash Storage via PCIe
Accel Partners, Lightspeed Venture Partners, Andreessen Horowitz, NEA, Dell, Presidio Ventures,
Meritech Capital, Pelion Venture Partners, Triangle Peak Partners, Mercato Partners, Wing
Venture Capital, 7 Capital
Passive Storage >
SSD
$111.5M
corsair.com
Corsair Memory
(1994, Fremont)
DRAM and SSDs
Francisco Partners
Passive Storage >
SSD
$75M
anobit.com
Anobit
(2006, Herzliya)
Flash storage solutions
Pitango Venture Capital, Intel Capital, Battery Ventures
Passive Storage >
SSD
$72M
skhms.com
SK hynix memory
solutions
(2004, San Jose)
Enterprise SSD solutions
Lightspeed Venture Partners, ITOCHU Corporation, SunAmerica Ventures, Keynote Ventures
Passive Storage >
HDD
$69.22M
3ware.com
3Ware
(1997, San Francisco)
RAID Storage Solutions
NEA, US Venture Partners, Selby Ventures, Neocarta Ventures, Pacifica Fund, Veritas Venture
Partners, Quantum Technology Partners, Franklin Templeton, Vantage Capital
Passive Storage >
SSD
$69M
ocz.com
OCZ Storage
Solutions
(2002, San Jose)
Solid State Drives
HTGC
Passive Storage >
SSD
$69M
plianttechnology.com
Pliant Technology
(2006, Milpitas)
Enterprise All Flash Drives (EFDs)
Lightspeed Venture Partners, Menlo Ventures, Divergent, Arcturus Capital, Divergent Ventures
Passive Storage >
SSD
$50.3M

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
43

Interesting Series B Companies
Total
Funding
infinidat.com
Infinidat
(2011, Herzliya)
TPG, Security Growth Partners
Active Storage > Hybrid
Storage
$230M
code42.com
Code42
(2001, Minneapolis)
Accel Partners, NEA, Split Rock Partners, JMI Equity Fund
everspin.com
Everspin
(2003, Chandler)
Memory and storage solutions
Draper Fisher Jurvetson, Sigma Partners, Lux Capital, EPIC Ventures, New Venture
Partners, GlobalFoundaries
Active Storage >
NVRAM > MRAM
$68.27M
cloudbyte.com
CloudByte
(2010, Bangalore)
Storage solution for Cloud Service Providers
Nexus Venture Partners, Kae Capital, Eight Roads Ventures
Software Defined
Storage
$6.1M
Curated list of companies by the sector analyst are defined as Interesting

Interesting Late Stage Companies
Total
Funding
simplivity.com
SimpliVity
(2009, Westborough)
Accel Partners, Charles River Ventures, KPCB, Meritech Capital, Eastward Capital Partners,
DFJ Growth, Swisscom, Draper Nexus, Waypoint
Converged
Infrastructure
$276M
violin-memory.com
Violin Memory
Highland Capital Partners, Juniper Networks, Sapphire Ventures, Saints Capital, GE Capital
Canada, Windcrest Partners, Corsa Ventures, Toshiba Corporation, Toshiba Polska,
Sapphire Ventures
Flash Arrays
$268M
pivot3.com
Pivot3
(2003, Austin)
Lightspeed Venture Partners, Wilson Sonsini Goodrich & Rosati, InterWest Partners, Focus
Ventures, Comerica, S3 Venture, Mesirow Financial, Silver Creek Ventures, Northleaf
Capital Partners, Samsung Venture Investment
Converged
Infrastructure
$226.44M
actifio.com
Actifio
(2009, Waltham)
Copy data virtualization
Greylock Partners, Andreessen Horowitz, Tiger Global Management, Technology Crossover
Ventures, Advanced Technology Ventures, North Bridge Venture Partners, 83North
Copy Data
Management
$207.5M
numonyx.com
Numonyx
(2008, Rolle)
Francisco Partners
Active Storage >
NVRAM > CBRAM
$150M
primarydata.com
Primary Data
(2013, Los Altos)
Software for Data Center Evolution
Accel Partners, Lightspeed Venture Partners, Battery Ventures, Pelion Venture Partners,
Mercato Partners, Wing Venture Capital, Wing Capital Group Investments
Software Defined
Storage
$123M
druva.com
Druva
(2008, Pune)
Nexus Venture Partners, Sequoia Capital, Tenaya Capital, Indian Angel Network, EDBI, NTT
Finance, HTGC, SternFisher, Blue Cloud Ventures, Orios Venture Partners, Splice Capital

Interesting Late Stage Companies
Total
Funding
rubrik.com
Rubrik
(2014, Palo Alto)
Greylock Partners, Lightspeed Venture Partners, Khosla Ventures
tegile.com
Tegile
(2010, Newark)
SanDisk, Meritech Capital, August Capital, Capricorn, Western Digital, ATEL Capital Group,
Cross Creek Advisors, Pine River Capital, Moment Ventures
Active Storage > Hybrid
Storage
$117.52M
diablo-technologies.com
Diablo Technologies
(2003, )
Fabless semiconductors
Israel Cleantech Ventures, Battery Ventures, US Venture Partners, BDC Capital, Hasso
Plattner Ventures, Celtic House Venture Partners, Genesis Capital, GTI Capital Group, ICV
Active Storage >
NVRAM
$100.5M
scality.com
Scality
Software defined storage
Iris Capital, Menlo Ventures, Idinvest Partners, CrÃ©dit Agricole Private Equity, Galileo
Partners, Bpifrance, Omnes Capital, CAPE, Broad Tower Inc., STC Ventures, Hewlett
Packard Enterprise, Idinvest Partners
Software Defined
Storage
$90M
crossbar-inc.com
Crossbar
(2010, Santa Clara)
Pioneering non-volatile RRAM memory technology
SAIF Partners China, UniversityofMichigan, KPCB, Correlation Ventures, CBC Capital,
Artiman Ventures, Northern Light Venture Capital, Oriza Holdings, Korea Investment
Partners, Tao Capital Partners, Oriza Ventures
Active Storage >
NVRAM > RRAM
$85M
nantero.com
Nantero
(2001, Woburn)
Enabling faster storage using carbon nanotubes (CNTs)
Charles River Ventures, Draper Fisher Jurvetson, Globespan Capital Partners, HHVC,
Schlumberger, New Atlantic Ventures, Joseph N. Sanberg
Active Storage >
NVRAM
$82.4M
anobit.com
Anobit
(2006, Herzliya)
Pitango Venture Capital, Intel Capital, Battery Ventures
Passive Storage > SSD $72M

Top Funded Deadpooled Companies
Total
Funding
coraid.com
Coraid
(2000, Redwood City)
Network Storage
TriplePoint Capital, Menlo Ventures, Crosslink Capital, Allegis Capital, Azure Capital Partners,
Kinetic Ventures
SAN > Servers $114M
ciphermaxinc.com
Ciphermax
(2000, Cupertino)
Encryption based date security and management soluton
Venrock, US Venture Partners, Scale Venture Partners, Western Technology Investment, Saints
Capital, United Microelectronics, Trellis Partners, China Development Industrial Bank, United
Investments, Inventec, Lucent Venture Partners, megabank.com, AcornAngels
Storage
Management
$90M
nirvanix.com
Nirvanix
(2008, San Diego)
Enterprise Cloud Storage Company
Khosla Ventures, Intel Capital, Valhalla Partners, European Founders Fund, Mission Ventures,
Windward Ventures
Active Storage >
Hybrid Storage
$70M
scale8.com
Scale8
High-end Distributed NAS system
InterWest Partners, Oak Investment Partners, CenterPoint Ventures
NAS > Servers $55M
verari.com
Verari Technologies
(1996, San Diego)
blade-based computing solutions
Sierra Ventures, The Carlyle Group, Voyager Capital, Celerity Partners
Storage
Management
$53.1M
agami.com
Agami Systems
(2003, Sunnyvale)
unified network storage solutions
NEA, KPCB, DAG Ventures, Apex Venture Partners, Advanced Equities, HTGC, Alta Partners,
Itochu Finance
NAS $50M
linkamedia.com
Link_A_Media Devices
(2004, Santa Clara)
System on a chips for Storage
Lightspeed Venture Partners, ITOCHU Technology Ventures, SunAmerica Ventures, Keynote
Ventures, Novirian Capital
Passive Storage >
HDD
$47.2M
powerfile.com
PowerFile
(1996, Foster City)
Hybrid Storage and Data MAnagement Solutions
Sequoia Capital, Western Technology Investment, Northgate, Silver Creek Ventures
Active Storage >
Hybrid Storage
$36.02M

Top Funded Deadpooled Companies
Total
Funding
wincomsystems.com
Wincom Systems
(2000, San Jose)
Hardware based networking solutions - Switching Servers
TPG, Crosspoint Venture Partners
SAN > Servers $32.9M
cirtas.com
Cirtas Systems, Inc.
(2008, San Jose)
Cloud-enabled Storage System
Amazon, Lightspeed Venture Partners, Bessemer Venture Partners, NEA, Shasta Ventures
NAS > Cloud
Storage Gateway
$32.5M
storspeed.com
Storspeed Inc.
(2007, Austin)
Flash File cacher.
Palomar Ventures, El Dorado Ventures, Vesbridge Partners
NAS $13M
starboardstorage.com
Starboard Storage
(2012, Broomfield)
Hybrid Arrays (SSD and HDD)
Grazia Equity
Active Storage >
Hybrid Storage
$13M
dmailer.com
Dmailer
(2001, Marseille)
Synchronization and Backup Solutions
BNP Paribas Investment Partners, Alto Invest
Backup > Local $3.61M
digitiliti.com
Digitiliti
(2006, Saint Paul)
Cloud Based B2B Active Archiving
Backup > Local $855K
centripetalsoftware.com
Centripetal Software
(2009, Santa Barbara)
Hosted Cloud Backup Software Backup > Enabler -
Cloud
$25K
4blox.com
4Blox
(2006, San Jose)
Storage speed acceleration products
Flywheel Ventures
SAN

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
49

Useful Links
Slide Title Content Platform Link
List of All Companies in readable format Companies Link
Large Upcoming Sectors Entrepreneur Activity Link
Niche Upcoming Sectors Entrepreneur Activity Link
Top investments in last one year Investment Trend Link
Top IPOs in last three years Exit Outlook - IPO, Acquisitions Link
Major Acquisitions in last one year Exit Outlook - IPO, Acquisitions Link
Converged Infrastructure – Most Funded Companies Sub Sector Understand Link
Software Defined Storage – Most Funded companies Sub Sector Understand Link
Backup – Most Funded Companies Sub Sector Understand Link
All Flash Arrays – Most Funded Companies Sub Sector Understand Link
Top Funded Deadpooled Companies Companies Link

Scope of Report
Investment Trend
Who is Investing
Sub Sector Analysis
Useful Links
Company List
Team
52

Enterprise Storage – Company List
Active Storage Backup SAN
Converged
Infrastructure
Passive Storage NAS
Software
Defined Storage
Storage
Management
File System
Copy Data
Management
Server-Side
Caching
Suite
332 FUNDED COMPANIES AND 152 UNFUNDED COMPANIES
COVERS THE FOLLOWING SECTORS

Active Storage (1/8)
Company Overview Business Model Total Funding
Pure Storage
Greylock Partners, Redpoint Ventures, Index Ventures, Institutional
Venture Partners, Tiger Global Management, Glynn Capital, T. Rowe
Price, Sutter Hill Ventures, Ascend Venture Group, In-Q-Tel, Wellington
Management, Samsung Venture Investment
All Flash Arrays $533.07M
Violin Memory
Highland Capital Partners, Juniper Networks, Sapphire Ventures, Saints
Capital, GE Capital Canada, Windcrest Partners, Corsa Ventures,
Toshiba Corporation, Toshiba Polska, Sapphire Ventures
All Flash Arrays $268M
SolidFire
(2010, Boulder)
NEA, Novak Biddle Venture Partners, Valhalla Partners, Greenspring
Associates, Samsung Venture Investment
Kaminario
(2008, Yokneam Illit)
All-flash enterprise array
Sequoia Capital, Pitango Venture Capital, Silicon Valley Bank, Globespan
Capital Partners, Tenaya Capital, Mitsui Global Investment, ATEL Capital
Group, Leader Ventures
Skyera
(2010, San Jose)
Enterprise Solid-State Storage
Dell, Western Digital, Key Technology, Financial Partnerships All Flash Arrays $51.6M
Whiptail
(2008, Whippany)
All-Flash Storage Systems
Silicon Valley Bank, Ignition Partners, RRE Ventures, Spring Mountain
Capital
XtremIO
(2009, Herzliya)
SSD Data Storage
Lightspeed Venture Partners, Giza Venture Capital, Battery Ventures,
Jerusalem Venture Partners
Go to BM List >> Backup

CNEX Labs
(2013, San Jose)
Leading NVMe flash storage provider for enterprise
Sierra Ventures, UMC Capital All Flash Arrays $20M
Mangstor
(2012, Austin)
All flash arrays
New Science Ventures All Flash Arrays $19.21M
GridIron Systems Inc
(2007, Sunnyvale)
Hardware and software solutions
Mohr Davidow Ventures, Trinity Ventures, Foundation Capital All Flash Arrays $13M
ScaleFlux
(2014, San Jose)
NAND flash based storage solutions - stealth mode
Han Hai Investment, Westlake Venture Partners, CRCM Venture Capital,
SV Tech Ventures
Nimbus Data
Develops ALL FLASH Sustainable Storage® systems
Spring Creek Group All Flash Arrays $2M
Graphite Systems
Ultra high performance flash array storage
NEA All Flash Arrays $1.5M
NVXL Technology
(2015, Fremont)
non-volatile SSD storage or compute acceleration platform
All Flash Arrays
Novachips
(2009, Ottawa)
Flash based storage
Seoul Investment Partners All Flash Arrays

Zstor
(2009, Kaarst)
All Flash Arrays for windows server
All Flash Arrays
AccelStor
(2014, Taipei)
All flash arrays
All Flash Arrays
Argil Data Corp
(2013, Santa Clara)
Stealth Mode: Application aware storage
All Flash Arrays
Tintri
Smart storage for virtualization & cloud
Insight Venture Partners, Lightspeed Venture Partners, NEA, Menlo
Ventures, Four Rivers Group, Silver Lake
Hybrid Storage $260M
Infinidat
(2011, Herzliya)
TPG, Security Growth Partners Hybrid Storage $230M
Panasas
(1999, Sunnyvale)
High Performance hybrid NAS
Goldman Sachs, Mohr Davidow Ventures, Intel Capital, Focus Ventures,
Novak Biddle Venture Partners, Northgate, ITOCHU Corporation,
Industry Ventures, Centennial Ventures, The Carlyle Group, ORIX,
Avidbank, HighGearVentures
Hybrid Storage $144.13M
Tegile
(2010, Newark)
SanDisk, Meritech Capital, August Capital, Capricorn, Western Digital,
ATEL Capital Group, Cross Creek Advisors, Pine River Capital, Moment
Ventures

Cleversafe
(2004, Chicago)
Hybrid data storage technologies
NEA, Presidio Ventures, Pritzker Group, OCA Ventures, Alsop Louie
Partners, In-Q-Tel, Batterson Venture Capital, Harrison Street
Qumulo
(2012, Seattle)
hybrid scale-out NAS
Highland Capital Partners, KPCB, Data Collective, Madrona Venture
Group, Valhalla Partners, madro
Nimble Storage
(2007, San Jose)
Primary Storage,Backup,Disaster Recovery
Accel Partners, Lightspeed Venture Partners, Sequoia Capital, GGV
Capital, Glynn Capital, Wing Venture Capital, ARTIS Ventures
Nirvanix
(2008, San Diego)
Enterprise Cloud Storage Company
Khosla Ventures, Intel Capital, Valhalla Partners, European Founders
Fund, Mission Ventures, Windward Ventures
Hybrid Storage $70M
Cohesity
(2013, Santa Clara)
Hybrid secondary storage with insights and analytics
Accel Partners, Sequoia Capital, Qualcomm Ventures, Trinity Ventures,
Battery Ventures, GV, Wing Venture Capital, ARTIS Ventures, Danhua
Capital
Hybrid Storage $70M
Coho Data
(2011, Vancouver)
Scale-out Network Attached Storage
Andreessen Horowitz, Intel Capital, Ignition Partners, March Capital
Partners, Hewlett Packard Ventures
Hybrid Storage $65M
Dataupia
(2005, Cambridge)
Data warehouse appliance
Polaris Partners, Valhalla Partners, Fairhaven Capital Hybrid Storage $41M
PowerFile
(1996, Foster City)
Hybrid Storage and Data MAnagement Solutions
Sequoia Capital, Western Technology Investment, Northgate, Silver
Creek Ventures

Schooner Information
Technology
(2007, Sunnyvale)
Caching Software for Hybrid Storage Systems
Redpoint Ventures, Menlo Ventures, CMEA Capital, Presidio Partners Hybrid Storage $35M
StorSimple
(2009, Santa Clara)
Hybrid cloud storage provider
Redpoint Ventures, Index Ventures, Mayfield, Ignition Partners Hybrid Storage $31.5M
Starboard Storage
(2012, Broomfield)
Hybrid Arrays (SSD and HDD)
Grazia Equity Hybrid Storage $13M
Zadara Storage
(2011, Yokneam Illit)
Enterprise class cloud block storage
Toshiba, Platinum Management, genesisfirm.com Hybrid Storage $10M
NVELO
(2010, Santa Clara)
Cache Storage Software
Cadence, SKS Capital Hybrid Storage $7.65M
Open Drives
(2011, Santa Monica)
Storage Technology for media and entertainment
Double M Partners Hybrid Storage $3M
Replay.io
Cloud Storage For IoT, Digital and Big Data events.
Hybrid Storage
Folio Photonics
(2012, Cleveland)
Optical data storage
Hybrid Storage

Quantum
(1980, San Jose)
Hybrid Storage | Backup & Recovery
Mayfield Hybrid Storage
Rozo Systems
(2010, San Mateo)
Scale out NAS storage
Hybrid Storage
SolanoData
(2014, Vacaville)
Hybrid storage arrays for Data Center
Hybrid Storage
Skylable
(2012, London)
Open-source cloud storage system
Sunstone Hybrid Storage
Locust Storage
(2009, Campbell)
Hybrid Drives consuming low power
Hybrid Storage
Diablo Technologies
(2003, )
Fabless semiconductors
Israel Cleantech Ventures, Battery Ventures, US Venture Partners, BDC
Capital, Hasso Plattner Ventures, Celtic House Venture Partners,
Genesis Capital, GTI Capital Group, ICV
NVRAM $100.5M
Nantero
(2001, Woburn)
Enabling faster storage using carbon nanotubes (CNTs)
Charles River Ventures, Draper Fisher Jurvetson, Globespan Capital
Partners, HHVC, Schlumberger, New Atlantic Ventures, Joseph N.
Sanberg
NVRAM $82.4M

ContourSemiconductor
(2000, North Billerica)
Non-volatile memory chips
Fairhaven Capital NVRAM $24M
E8 Storage
(2014, Tel Aviv)
Flash storage for the enterprises
Accel Partners, Vertex Ventures Israel, Magma Venture Partners, Vertex
Ventures
NVRAM $23M
4DS Memory
(2007, Fremont)
Interface switching ReRAM
NVRAM
Inotera memories
(2003, Taoyuan City)
Provider of DRAM foundry services
NVRAM
Numonyx
(2008, Rolle)
Francisco Partners NVRAM > CBRAM $150M
Adesto
(2007, Sunnyvale)
Low power CBRAM for IoT, health
Adams Street Partners, ATA Ventures, ARCH Venture Partners, HHVC,
Applied Materials, Altis Semiconductor, ATEL Capital Group, Opus Bank
NVRAM > CBRAM $72.74M
Crocus Technology
(2004, Santa Clara)
Magnetic RAM Developer
Kreos Capital, Idinvest Partners, Sofinnova Ventures, Sofinnova
Partners, CEA Investissement, NanoDimension Management, Rusnano,
Idinvest Partners, TowerJazz, Ventech, Industrial Investors, Innovation
Capital, Holding Entreprises et Patrimoine
NVRAM > MRAM $111.55M

Everspin
(2003, Chandler)
Memory and storage solutions
Draper Fisher Jurvetson, Sigma Partners, Lux Capital, EPIC Ventures,
New Venture Partners, GlobalFoundaries
NVRAM > MRAM $68.27M
Crossbar
(2010, Santa Clara)
Pioneering non-volatile RRAM memory technology
SAIF Partners China, UniversityofMichigan, KPCB, Correlation Ventures,
CBC Capital, Artiman Ventures, Northern Light Venture Capital, Oriza
Holdings, Korea Investment Partners, Tao Capital Partners, Oriza
Ventures
NVRAM > RRAM $85M
Memoir Systems
(2009, Sunnyvale)
Memory solutions
Lightspeed Venture Partners SRAM $5.1M
GSI Technology
(1995, Cupertino)
SRAM technology provider
SRAM

Backup (1/16)
Cofio Software
(2006, San Diego)
Offers products for data protecction
$8.07M
Arkivum
(2011, Chippenham)
Cloud data archiving service
Oxford Capital, Park Walk Advisors, IP Group, UK Government $3.16M
Arcycle Software
(2011, Larnaca)
Backup, replication, and disaster recovery solutions
Almaz Capital, AltaIR Capital $600k
MailStore
(2006, Viersen)
email archiving solutions
Code42
(2001, Minneapolis)
Accel Partners, NEA, Split Rock Partners, JMI Equity Fund Cloud $137.5M
Zerto
(2009, Herzliya)
Disaster Recovery for Virtualized Environments
Greylock Partners, Charles River Ventures, Institutional Venture
Partners, Battery Ventures, US Venture Partners, RTP Ventures, Access
Industries, Harmony Partners, 83North, ClalTech
Cloud $130.2M
Druva
(2008, Pune)
Nexus Venture Partners, Sequoia Capital, Tenaya Capital, Indian Angel
Network, EDBI, NTT Finance, HTGC, SternFisher, Blue Cloud Ventures,
Orios Venture Partners, Splice Capital
Cloud $118M
Active Storage << Go to BM List >> SAN

Backup (2/16)
Rubrik
(2014, Palo Alto)
Greylock Partners, Lightspeed Venture Partners, Khosla Ventures Cloud $112M
Quorum
(2008, San Jose)
Hybrid-cloud backup software
Toba Capital, Airtek Capital Group Cloud $35.54M
Skydesk
(1996, San Diego)
Online data backup services for the small office/home office market
American Express, EMC, Qualcomm Ventures, Hikari Tsushin, Alta
Partners, Merrill Lynch
Cloud $27M
Reduxio
(2012, Petah Tikva)
Multi-tier hybrid storage for primary data management
Viola Group, Intel Capital, Seagate, Carmel Ventures, Jerusalem Venture
Partners
Cloud $27M
EVault
(1997, Boston)
Cloud data back up , disaster recovery and HPC storage.
Council Ventures, BEST Funds, Council Capital, Massey Burch, River
Cities Capital Funds, bestcapital.ca
Cloud $14.5M
Archivas
(2004, Waltham)
Digital archiving solutions
Polaris Partners, North Bridge Venture Partners, Solstice Capital Cloud $12M
Yosemite Technologies
(1996, Fresno)
Data backup and recovery solutions
Altos Ventures, Trinity Ventures, Hummer Winblad Venture Partners,
Altos Ventures
Cloud $10M
Backblaze
(2007, San Mateo)
Personal, enterprise and object cloud storage
TMT Investments Cloud $5.3M

Backup (3/16)
Diino
(2004, Stockholm)
Cloud backup and file storing solutions
Swisscom Cloud $3.15M
BackupAgent
(2004, Delft)
cloud backup software vendor
Runa Capital, Solid Ventures, Runa Capital Cloud $2M
Mozy Online Backup
(2005, Seattle)
online Backup for personal and enterprise customers
EPIC Ventures Cloud $1.9M
Data Storage Group
(2005, Longmont)
Managed deduplication backup software
Cloud $100k
Yotta280
(2007, Jacksonville)
Cloud Backup and recovery
Cloud $40k
Xopero
(2009, Krakow)
Data backup solution
Cloud
Nevoa Networks
(2005, Recife)
Specialized storage solutions
Inseed Investimentos Cloud
Livedrive
(2008, London)
Online backup, cloud storage, collaboration and sharing platform
Cloud

Backup (4/16)
Degoo
(2001, Stockholm)
Cloud Backup solution
Cloud
Iron Mountain
(1951, Boston)
Online Backup and data protection services
StarVest Partners, Solstice Capital, Entree Capital, Baker Capital Cloud
IASO
(2004, Emmeloord)
Hybrid cloud backup and disaster recovery solutions
Main Capital Partners Cloud
techBLOX
(2015, Seattle)
Network storage device & cloud backup
Cloud
CrashplanAfrica
(2015, Minneapolis)
Real-Time edge-device backup solutions
Cloud
XXL Cloud
(2015, Wilmington)
Secure Cloud Storage, Collaboration, Backup and Drive Sync
Cloud
SafeData
(2005, Warwick)
Data Recovery and Backup Services
Cloud
Trilio Data
(2013, Hopkinton)
Data protection solutions for applications on VMware and OpenStack
GrandBanks Capital, Investors Collaborative, The Cambria Group Cloud

Backup (5/16)
Backup Technology
(2005, Leeds)
Online backup, disaster recovery and business continuity services
Cloud
Mevvo
(2011, )
Online backup and cloud drive
Cloud
Livevault Corp
(1993, Boston)
Managed cloud server backup and recovery
Matrix Partners Cloud
Iozeta
(2010, Pleasant Grove)
Online backup and cloud storage
Cloud
Securstore
(1991, Uxbridge)
Online backup and recovery provider
Cloud
Hyperoo
(2011, Belfast)
Storage, Network and Cloud backup
Cloud
DataDepositBox
(2002, Toronto)
Continous Backup and recovery platform
Cloud
Quadric Software
(2008, Winooski)
Backup and disaster recovery of virtualized and physical systems
Cloud

Backup (6/16)
Genie9
(2010, London)
Backup for local and personal use
Cloud
Safe Cloud
(2012, Ahmedabad)
Cloud based technology offering backup, storing and sharing solutions
Cloud
eSilo
(2002, Jupiter)
Online Backup, Disaster Recovery & Enterprise Storage Solutions
Cloud
Sonian
(2007, Dedham)
Cloud based Archiving as a Service
Amazon, OpenView, Webroot, Summerhill Venture Partners, HTGC,
Prism Venture Management, ARCC
Enabler - Cloud $37.69M
Backupify
(2008, Norwalk)
Cloud Application Backup
First Round Capital, Symantec, General Catalyst Partners, Lowercase
Capital, Betaworks, Avalon Ventures
Enabler - Cloud $19.5M
Datacastle
(2005, Seattle)
data protection and backup for enterprise
CM Capital Investments, Talu Ventures Enabler - Cloud $13.3M
Spanning
(2010, Austin)
Cloud backup and recovery
Foundry Group Enabler - Cloud $9M
Rebit
(2007, Longmont)
Backup software for windows systems
Highway 12 Ventures, Grotech Ventures, Access Venture Partners Enabler - Cloud $6.7M

Backup (7/16)
PHD Virtual
(2005, Philadelphia)
Offline and Online Storage Backup
Insight Venture Partners, Citrix, Wellington Financial Enabler - Cloud $4M
FreeBrie
(2011, Moscow)
Backup and File Synchronization Solution
Enabler - Cloud $250k
BitLeap
(2004, )
Hardware based on and off-site backup solution
Ben Franklin Technology Partners Enabler - Cloud $130K
Centripetal Software
(2009, Santa Barbara)
Hosted Cloud Backup Software
Enabler - Cloud $25k
Metiix
(2008, Minneapolis)
Hybrid data recovery solution
Enabler - Cloud
Immortal Files
(2013, Virginia Beach)
Cloud or external drive backup application
Enabler - Cloud
IBackup
(2007, Calabasas)
Online backup solution for SMB
Enabler - Cloud
Vembu
(2004, Chennai)
Provider of online backup software solutions for enterprises
Enabler - Cloud

Backup (8/16)
OpenDrive
(2008, Palo Alto)
Online storage, backup & file Management
Enabler - Cloud
BitCalm
(2014, Moscow)
Tool to backup servers: websites, media files, configurations, and
databases
Internet Initiatives Development Fund, Startup Wise Guys
Enabler - Cloud
BackUp My Info
(2002, New York City)
Online business data backup & recovery service provider
Enabler - Cloud
Cloud Backup Robot
(2014, Minsk)
SQL server database backup software
Enabler - Cloud
FalconStor
(, Melville)
Data Migration and Disaster Recovery
Rembrandt Venture Partners Enabler - Cloud
UltraBac Software
(1982, Bellevue)
SMB backup products onsite and for cloud
Enabler - Cloud
Iperius Backup
(1997, Grottammare)
Backup utility software
Enabler - Cloud

Backup (9/16)
Retrospect
(2011, Pleasanton)
Backup and recovery software developer
HighBar Partners Enabler - Cloud
BackupRun
(2012, Bucharest)
Backup for servers
Enabler - Cloud
Nakivo
(2012, Campbell)
VM Backup & Replication
Enabler - Cloud
cloudberrylab
(2008, Aliso Viejo)
Cloud Backup, migration and Storage Tools
Enabler - Cloud
Altaro
(2009, Valletta)
Backup & Version Control
Enabler - Cloud
Jaega Software
(2010, Jupiter)
Backup for Mac Devices
Enabler - Cloud
Datto
(2007, Norwalk)
Backup storage provider with NAS
Technology Crossover Ventures, General Catalyst Partners Local $100M
Zantaz
(1996, Pleasanton)
Content archiving and e-discovery
General Atlantic, Iris Capital, Silicon Valley Bank, Draper Athena, Red
Rock Ventures, Pentech Financial, Finova Capital
Local $94M

Backup (10/16)
ExaGrid
(2002, Westborough)
Disk based backup solutions
Highland Capital Partners, Tenaya Capital, Sigma Partners, Investor,
Lehman Brothers, Sigma Prime Ventures, Kepha Partners, Investor
Growth Capital
Local $72.1M
Carbonite
(2005, Boston)
Hybrid Backup and recovery for consumers and small business
Institutional Venture Partners, Menlo Ventures, Crosslink Capital, Four
Rivers Group, TransLink Capital, Formation 8, Keiretsu Forum, Common
Angels, 3i Group, Performance Equity Management, Stage 1 Ventures,
Converge Venture Partners
Local $66M
Revivio
(2001, Massachusetts)
Continuous data protection based data backup and recovery appliance
Bessemer Venture Partners, Charles River Ventures, Eastward Capital
Partners, Flagship Ventures, Globespan Capital Partners, Lighthouse
Capital Partners, Nomura Holdings
Local $55.5M
Sepaton
(2003, Marlborough)
Backup and Recovery appliance
Harbourvest Partners, Menlo Ventures, Focus Ventures, Western
Technology Investment, Valhalla Partners, Jerusalem Venture Partners,
CrossConti
Local $39.5M
Storage Appliance Corp
(2006, Richmond Hill)
Personal automatic back up devices.
Intel Capital, Tandem Expansion Fund, Jefferson Partners Local $33M
ProStor Systems
(2004, Boulder)
Removable disk storage systems for enterprises
NEA, Western Technology Investment, Sutter Hill Ventures, Boulder
Ventures
Local $30.4M
Avamar
(1999, Irvine)
Backup and Recovery Software
Lightspeed Venture Partners, Goldman Sachs, Benchmark Capital,
Western Technology Investment, @Ventures
Local $28M

Backup (11/16)
Storactive
(1998, Marina Del Rey)
Continuous data protection for Windows PCs and Exchange Servers
Maton Venture, Moore Capital, Mellon Ventures Local $23.73M
Axxana
(2005, Tel Aviv)
Enterprise Data Recording
Gemini Israel Ventures, Presidio Ventures, Carmel Ventures, Decima
Ventures
Local $14M
SageCloud
(2012, Boston)
Software for data backup
Matrix Partners, Braemar Energy Ventures Local $13.2M
PowerQuest
(1993, Orem)
Data storage management and recovery software
Grayhawk Capital, Edgewater Funds, Cornerstone Capital Local $10M
AppAssure
(2006, Reston)
Backup & Disaster Recovery software
Bain Capital Ventures, Bain Capital Local $6M
Bacula Systems
(2009, Yverdon-les-bains)
Network Backup and Restore solution
KM Capital Partners, dev.ch, Future Matters Local $5M
Pancetera
(2008, Santa Clara)
Backup Optimization
ONSET Ventures, Hummer Winblad Venture Partners, Hummer Winblad
Venture Partners
Local $5M
Arkeia
(1996, Carlsbad)
Backup Software and Backup Appliances
Crédit Agricole Private Equity, Seventure Partners Local $4.08M

Backup (12/16)
Dmailer
(2001, Marseille)
Synchronization and Backup Solutions
BNP Paribas Investment Partners, Alto Invest Local $3.61M
Revinetix
Network attached server disk backup solutions
Ogden Capital, Venture Capital Local $3M
Cobalt IRON
(2012, Lawrence)
Enterprise Data Backup
Local $1.5M
Digitiliti
(2006, Saint Paul)
Cloud Based B2B Active Archiving
Local $855K
Recover Data Tools
(2006, Mumbai)
Backup and data recovery products and services
Local
Cristie Software
(2007, Stroud)
Machine mobility, recovery and backup solution
Local
DocuVault
(1997, Denver)
Data protection and backup
Local
Mirra
(2003, Scotts Valley)
Continuous automatic backup solution for multiple PC
Local

Backup (13/16)
2BrightSparks
(2004, Singapore)
Backup and Synchronization Software
Local
Tributary
(1990, Bedford)
Backup disk storage, virtualization and tape products
Local
Bvckup 2
(2009, Lausanne)
Local backup software for Windows
Local
O&O Software
(1997, Berlin)
Data management software
Local
Nero BackItUp
(2014, Los Angeles)
PC online storage service
Local
Double Image
(1996, Battle Ground)
Disk backup software for Windows
Local
Backup4all
(1999, Cluj-napoca)
Backup software for Windows
Local
Data Protector
(1980, Palo Alto)
Automated backup and recovery software
Local

Backup (14/16)
Connected Backup
(1939, Palo Alto)
End point backup software
Local
AOMEI Tech
(2009, Chengdu)
Backup and Partioning Software
Local
EverSync
(2003, Campbell)
Backup, archiving and disaster recovery appliances
Local
SEP Software
(1980, Boulder)
Backup & disaster recovery
Local
R- Tools Technology
(2001, Richmond Hill)
PC solutions for data recovery, disk imaging and security.
Local
NTI Corporation
(1993, Irvine)
Digital media and storage management software
Local
R1Soft
(2006, Houston)
Backup recovery specialized for windows and linux platforms
Local
Macrium
(2006, Manchester)
File backup, disk imaging & cloning solution
Local

Backup (15/16)
Langmeier Software
(2004, Dietikon)
Backup software for PC, server and data center
Local
Arcserve
(1990, Minneapolis)
Backup and recovery for physical and virtual environments
Marlin Equity Partners Local
BackupAssist
(2002, Box Hill)
Windows Server backup and disaster recovery
Local
Legato
Unified Platform for Backup and Recovery Software
Mayfield Local
WysDM
Data Management and Protection Software
Local
Data Domain
(2001, Santa Clara)
Backup, recovery and deduplication
NEA, Sutter Hill Ventures Local
StorageCraft
(2003, Draper)
Backup solutions for Enterprise, OEM and small businesses
TA Associates Suite $187M
Zetta
(2007, Sunnyvale)
Enterprise-grade Online Backup
Foundation Capital, Amidzad Partners, Sigma Partners, Industry
Ventures, Jackson Square Ventures
Suite $45.28M

Backup (16/16)
Asigra
(1986, Toronto)
Leader company in online backup and recovery software
Suite
5nines
(1989, Bromsgrove)
Business continuity solution and back up
Suite
KeepVault
(2006, )
Physical and Online Backup
Suite
Veeam
(2006, Baar)
Backup Solutions for VMware and Hyper-V
Insight Venture Partners, ABRT Venture Fund Suite
Commvault
(1996, Middletown)
Enterprise Backup Software and appliance
Saints Capital, Sprout Group Suite
Veritas
Backup appliances and software | Information Mangagement
Bessemer Venture Partners, Matrix Partners, The Carlyle Group, Point
Financial
Suite

SAN (1/7)
Pillar Data
(2001, San Jose)
SAN Block I/O storage Systems
$150M
Nishan Systems
(1998, San Jose)
IP storage networking solutions
Oracle, Lightspeed Venture Partners, Dell, Western Technology
Investment, Sofinnova Ventures, ComVentures, Discovery Ventures,
Siemens Financial Services, Altos Ventures
$80M
Chelsio
(1997, Sunnyvale)
Networking solutions for storage solutions
Sequoia Capital, NEA, LSI Corporation, Mobile Internet Capital, Investor,
Horizon Ventures, Hotung Group, NTT Finance, Vedanta Capital,
Invesco, Global Catalyst Partners, ATEL Capital Group, Abacus Capital
Group, Pacesetter Capital, Novirian Capital, Investor Growth Capital
$79M
Sanera
(2000, Sunnyvale)
Enterprise storage networking solutions
Greylock Partners, Goldman Sachs, Storm Ventures, Western
Technology Investment, CMEA Capital, ArrowPath Venture Partners,
Enterprise Partners Venture Capital, Presidio Partners
$73.3M
ONStor
(2000, Campbell)
NAS Storage Solutions
Mayfield, Foundation Capital, Western Technology Investment, Sand
Hill Capital, Fuse Capital, Worldview Technology Partners
$65.8M
Incipient
(2001, Waltham)
Enterprise Data Storage
Greylock Partners, Globespan Capital Partners, Sigma Partners,
Questmark Partners, Cross Creek Capital, GrandBanks Capital, HLM
Venture Partners
$59.7M
Spinnaker Networks
(1999, Irvine)
Fiber Channel and ATA disk based NAS Solutions
Norwest Venture Partners, Menlo Ventures, Mellon Ventures $51.4M
Backup << Go to BM List >>
Converged
Infrastructure

SAN (2/7)
Lefthand Networks
(1999, Boulder)
SANs built around iSCSI (Internet Small Computer System Interface)
Garage Technology Ventures, Pritzker Group, JPMorgan Chase & Co.,
Valhalla Partners, EPIC Ventures, Vista Ventures, Appian Ventures,
Sprout Group, Pine Portage Ventures, Boulder Ventures, Sequel Venture
Partners, Ironside Ventures, New World Ventures, Wasatch Ventures
$50.5M
Giganet
(1994, Worcester)
iSCSI networking solutions
Harbourvest Partners, H&Q Asia Pacific, NTT Docomo Ventures, Merrill
Lynch, dolphinfund.com
$41M
StoreAge
(1999, Haifa)
Split-path storage management solution
Cisco, Viola Group, Genesis Partners, Morgan Keegan $39M
San Valley
(1999, San Jose)
Delivers high-performance IP-SAN connectivity solutions into
enterprise, service provider and carrier markets
Vertex Ventures, Cisco, Moore Capital Management, Innovacom,
UpStart Ventures
$31M
ConvergeNet Technologies
(1997, San Jose)
SAN management solutions
Sierra Ventures, TeleSoft Partners $30M
Nexsan
(1999, Thousand Oaks)
Disk-based storage systems
RRE Ventures, VantagePoint Capital Partners, Beechtree Capital, Fonds
de solidarite FTQ
$25M
Ocarina Networks
(2007, San Jose)
On-line Storage Optimization
Highland Capital Partners, KPCB, Presidio Ventures, Jafco Ventures $23M
Converged
Infrastructure

SAN (3/7)
Gadzoox Networks
(1996, San Jose)
Fibre channel switching technology for Storage Area Networks (SAN)
NEA, ONSET Ventures $16.4M
Cloudistics
(2014, Reston)
SAN storage acceleration | Flash appliance
Bain Capital Ventures $15.72M
Imation
(1996, Oakdale)
Data Storage And Security Solutions
$14.94M
Q-Layer
(2005, Lochristi)
Datacenter Management | Orchestration
Wellington Partners, Partech Ventures, Big Bang Ventures $11M
Seanodes
(2002, Paris)
Virtual SAN solution provider
Elaia Partners, IRDI, ICSO Private Equity, 123Venture, Galia Gestion,
OSEO
$10.8M
Dot Hill
(1984, Longmont)
SAN storage arrays and software
$8.81M
RackTop Systems
(2010, Fulton)
Data Storage and Management Solution
$750k
QLogic
(1994, Aliso Viejo)
Storage and Converged networking components
Western Technology Investment, Saints Capital, Citadel
Converged
Infrastructure

SAN (4/7)
emBoot Inc.
(1986, Mississauga)
iSCSI based Network Booting Technology
String Bean Software
(2003, Montgomery Village)
iSCSI based SAN solutions for Windows
ATTO
Storage connectivity and infrastructure solutions
ExaDrive Networks
(1999, Westborough)
Enterprise-class ATA storage solution
Sandial Systems
(1999, Portsmouth)
Enterprise class Storage Backbone Switch
Western Technology Investment
McData
(1982, Broomfield)
SAN switching solutions
Austin Ventures, Silverton Partners
Akara
(2000, Hong Kong)
SONET based extended SAN solutions
StorMagic
(2006, Bristol)
Virtual SAN software solutions
Meridian Growth Capital, Committed Capital
Converged
Infrastructure

SAN (5/7)
iStor Networks, Inc.
(2002, Irvine)
iSCSI storage networking systems
Saints Capital
outpace.IO
(2015, Atlanta)
Ethernet based SAN technology
4Blox
(2006, San Jose)
Storage speed acceleration products
Flywheel Ventures
BlueWhale
(2007, Haidian)
High-performance mass data storage products and solutions provider
Intel Capital, VantagePoint Capital Partners
BlueArc
(1998, San Jose)
Unified network storage systems
Morgenthaler, Chevron, Meritech Capital, Crosslink Capital, Greenspring
Associates, Fort Washington Investment Advisors, Celtic House Venture
Partners, Lucas Venture Group, RWI Ventures, Weston Presidio, Canvas
Ventures, Cross Creek Advisors, Investor Growth Capital
NAS $221M
Drobo
(2004, San Jose)
Data Storage
Greylock Partners, NEA, Focus Ventures, RRE Ventures, Sutter Hill
Ventures, Northgate
NAS $53M
StoneFly
(2000, Hayward)
SAN, NAS solutions provider
Rustic Canyon Partners, Palomar Ventures, El Dorado Ventures,
Crescendo Venture Management
NAS $34M
Converged
Infrastructure

SAN (6/7)
United Information
Technology
(2001, Haidian)
Unifies Storage Solutions
Intel Capital, Orchid Asia Group NAS $10.5M
Openfiler
(2001, London)
Open source storage management appliance
NAS
Celeros
(2005, Menlo Park)
SAN, NAS and SANFiler solutions
NAS
Coraid
Network Storage
TriplePoint Capital, Menlo Ventures, Crosslink Capital, Allegis Capital,
Azure Capital Partners, Kinetic Ventures
Servers $114M
Equallogic
(2001, Nashua)
Storage are network systems
Charles River Ventures, Focus Ventures, Sigma Partners, tdcapital.com,
Jackson Square Ventures
Servers $47M
Wincom Systems
(2000, San Jose)
Hardware based networking solutions - Switching Servers
TPG, Crosspoint Venture Partners Servers $32.9M
Compellent Technologies
(2002, Eden Prairie)
Enterprise Network Storage
El Dorado Ventures, Centennial Ventures, StarTec Investments, Nomura
Holdings, Cargill
Servers $29M
NuSpeed Internet Systems
(2000, Maple Grove)
Connects SAN and IP Networks
Servers
Converged
Infrastructure

SAN (7/7)
Pathlight Technology
(1995, Ithaca)
SAN Gateway and SAN router solutions
Hudson Venture Partners, Rand Capital, Huntington Ventures Servers
Vicom Systems
(1996, Santa Clara)
SAN solutions for high performance solutions
Servers
iQstor Networks
(2002, Newbury Park)
iSCSI storage SAN solutions for enterprises
Servers
Erastor
(2011, Lokeren)
ZFS based Enterprise Storage
Servers
Converged
Infrastructure

Converged Infrastructure (1/4)
Nutanix
(2009, San Jose)
Lightspeed Venture Partners, Morgan Stanley, Khosla Ventures,
Goldman Sachs, Battery Ventures, Sapphire Ventures, Accelerator
Ventures, Riverwood Capital, Greenspring Associates, Blumberg Capital,
Riverwood Capital, Sapphire Ventures
$312.2M
SimpliVity
(2009, Westborough)
Accel Partners, Charles River Ventures, KPCB, Meritech Capital,
Eastward Capital Partners, DFJ Growth, Swisscom, Draper Nexus,
Waypoint
$276M
Pivot3
(2003, Austin)
Lightspeed Venture Partners, Wilson Sonsini Goodrich & Rosati,
InterWest Partners, Focus Ventures, Comerica, S3 Venture, Mesirow
Financial, Silver Creek Ventures, Northleaf Capital Partners, Samsung
Venture Investment
$226.44M
Cloudian
(2011, Foster City)
Cloud Object Storage and Converged Infrastructure provider
Lenovo, Goldman Sachs, Goldman Sachs, Intel Capital, City National
Bank, Innovation Network Corporation of Japan, Fidelity Growth
Partners, Eight Roads Ventures, DVP Investment, Epsilon Venture
Partners
$81.7M
Scale Computing
(2006, Indianapolis)
Hyperconverged infrastructure systems
Benchmark Capital, Scale Venture Partners, Blue Chip Venture,
Northgate, Spring Mill Venture Partners, The CID Group, First Analysis,
Allos Ventures, ABS Capital Partners, Heron Capital, Reservoir Venture
Partners, CID Capital
$65.96M
Formation Data
(2013, Fremont)
Software defined storage platform
Mayfield, Dell, Pelion Venture Partners, Square 1 Bank, Third Point
Ventures
$60.2M
SAN << Go to BM List >> Passive Storage

Datrium
(2012, Sunnyvale)
IO processing & active data converging storage device
Lightspeed Venture Partners, NEA $55M
Symbolic IO
(2012, Edison)
Stealth Mode Storage Startup
$15.15M
Pavilion Data
(2014, Saratoga)
Stealth Mode: Hyperscale Data Storage
KPCB, Artiman Ventures, SK Telecom Americas Innopartners $15M
Diamanti
(2014, San Jose)
Converged Infrastructure for Linux Container deployments
Charles River Ventures, Goldman Sachs, Draper Fisher Jurvetson, GSR
Ventures, Engineering Capital
$12.5M
Nimboxx
(2012, Austin)
Software Defined Data-center-in-a box for SMBs
$12M
Cirrascale
(2010, Poway)
Blade based cloud computing and storage infrastructure
$4.43M
Connectloud
(2013, Dallas)
Hyper converged cloud infrastructure for application deployment and
software for converged infrastructure
Silver Lake
$3.6M
Evtron Inc.
(2011, St. Louis)
Enterprise storage platforms in converged infrastructure
$600k

Savage
Hardware solutions for converged infrastructure
kennethwarrenandson.com $588k
Scalable Informatics
(2002, Plymouth)
Storage, Compute clouds provider and Big Data Analytics Infrastructure
$300K
Intigry.IO
(2015, Los Angeles)
All flash Hyper - Scale converged infrastructure
saulgabay $50K
Green IT Globe
(2012, Dubai)
Offers converged infrastructure
Symkloud
(2015, Augsburg)
Converged Cloud Infrastructure Platforms for NFV and SDN
Breqwatr
(2015, Toronto)
hyper-converged cloud appliance
ChainDisk
(2012, Los Altos Hills)
Distributed storage virtual appliance
ZionByte
(2014, Beijing)
Converged Infrastructure for SMBs

StarWind Software
(2008, Wakefield)
Storage Virtualization software
Almaz Capital, ABRT Venture Fund
Compuverde
(2000, Karlskrona)
Hyper converged software defined storage solution
A3 CUBE
(2012, San Jose)
Breaking through the computer I/O barrier
StorNetware
(2014, Bangalore)
Stealth Mode Datacenter Infrastructure Solution
VCE
(2009, Richardson)
Converged Infrastructure
Intel, VMware, Cisco, EMC, Cisco Investments
Yottabyte
(2009, Bloomfield Hills)
Software Defined Storage , Converged Infrastructure

Passive Storage (1/8)
SK hynix memory solutions
(2004, San Jose)
Enterprise SSD solutions
Lightspeed Venture Partners, ITOCHU Corporation, SunAmerica
Ventures, Keynote Ventures
HDD $69.22M
Link_A_Media Devices
(2004, Santa Clara)
System on a chips for Storage
Lightspeed Venture Partners, ITOCHU Technology Ventures, SunAmerica
Ventures, Keynote Ventures, Novirian Capital
HDD $47.2M
Dataslide
(2002, Newhaven)
Hard Rectangular Drive - 2D parallel storage solutions
High Invest HDD $500k
Smart Disk
(1994, Fort Myers)
External storage drives, portable Flash and hard disk-based drives
HDD
Western Digital
(1970, Irvine)
SSD | Hybrid storage | Helium drives
HDD
Xyratex
(2009, )
Disk drives and storage technology
HgCapital HDD
Seagate
(1979, Scotts Valley)
NAS storage devices for enterprise
Panorama Capital, Sprout Group, TPG, Oak Investment Partners HDD
HGST
(2003, San Jose)
Helium filled hard drives
HDD
Converged
Infrastructure
<< Go to BM List >> NAS

HVault
(2011, Scottsdale)
Holographic based digital data storage solutions
Signal Lake Optical Storage
Princo Corp.
(1983, Hsinchu)
Tool coating, optical storage and SiP chip manufacturer
Optical Storage
Hitek Optical Storage
(1996, Adelaide)
Optical storage manufacturer and distributor
Optical Storage
Digital Works
DVD and CD Manufacturer
Optical Storage
PrimeDisc
(1997, Hong Kong)
Manufacturer of media storage devices
Optical Storage
Taiyo Yuden
(1977, Tokyo)
Electronic components and optical media solutions
Optical Storage
TEAC America
(1967, Los Angeles)
Media storage and recording solutions
Optical Storage
CMC Magnetics Corporation
(1998, Taipei)
Manufacturer and distributor of Optical storage drives for HP and
Phillips Optical Storage
Converged
Infrastructure

Verbatim Corporation
(1969, Tokyo)
Optical and magnetic storage products
Optical Storage
Cinram
(1969, Toronto)
Optical disc manufacturing firm pivoted to logistics and supply chain.
Optical Storage
Technicolor
(1915, Moulineaux)
Media Conglomerate providing production and distribution services
Vector Capital Optical Storage
CrystalTon
(, Sofia)
CD & DVD Manufacturer
Optical Storage
NetBlender
(2005, Alexandria)
Manufacturer of Blu-ray software products
Optical Storage
Piql Italia Srl
(2006, Montefano)
long term data preservation using cellular photosensitive film
Photosensitive Film
Virident Systems
(2006, Milpitas)
PCIe SSDs, Flash Storage Hardware and Software Products
Accel Partners, Sequoia Capital, Cisco, Intel Capital, Seagate, Globespan
Capital Partners, Artiman, Mitsui Global Investment, HTGC, Spansion,
Musea Ventures
SSD $142M
Fusion-io
Flash Storage via PCIe
Accel Partners, Lightspeed Venture Partners, Andreessen Horowitz,
NEA, Dell, Presidio Ventures, Meritech Capital, Pelion Venture Partners,
Triangle Peak Partners, Mercato Partners, Wing Venture Capital, 7
Capital
SSD $111.5M
Converged
Infrastructure

Corsair Memory
(1994, Fremont)
DRAM and SSDs
Francisco Partners SSD $75M
Anobit
(2006, Herzliya)
Pitango Venture Capital, Intel Capital, Battery Ventures SSD $72M
3Ware
RAID Storage Solutions
NEA, US Venture Partners, Selby Ventures, Neocarta Ventures, Pacifica
Fund, Veritas Venture Partners, Quantum Technology Partners, Franklin
Templeton, Vantage Capital
SSD $69M
OCZ Storage Solutions
(2002, San Jose)
Solid State Drives
HTGC SSD $69M
Pliant Technology
(2006, Milpitas)
Enterprise All Flash Drives (EFDs)
Lightspeed Venture Partners, Menlo Ventures, Divergent, Arcturus
Capital, Divergent Ventures
SSD $50.3M
SandForce
(2006, Fremont)
Developer of flash processor and controllers
Canaan Partners, Storm Ventures, LSI Corporation, TransLink Capital,
DCM Ventures, United Microelectronics, UMC Capital, Streamlined
Ventures
SSD $46M
Bitmicro
(1995, Fremont)
Develops high performance solid state & flash drives
Woodside Investments SSD $40.7M
Converged
Infrastructure

Virtensys
(2005, Beaverton)
PCIe Sharing appliances and solutions
Scottish Equity Partners, Gimv, Celtic House Venture Partners SSD $40M
Memblaze
(2011, Beijing)
Solid state memory innovator
Qualcomm Ventures, Infinity Group, ZTE, gtim.com.cn, Bertelsmann
Asia Investment Fund, Globals Tech., Amino Capital
SSD $23.2M
Astute Networks
(2000, San Diego)
Networked Performance Flash
US Venture Partners, Samsung Venture Investment, Tallwood Venture
Capital, Narra Venture Capital, ICCP Venture Partners, Samsung
Venture Investment
SSD $22.2M
Sanrad
(2000, Mahwah)
iSCSI based server virtualization, storage hardware
Sequoia Capital, Foundation Capital, RAD SSD $13M
NexGen Storage
(2009, Louisville)
Delivers PCIe solid state managed with performance QoS
Next World Capital, Grotech Ventures, Access Venture Partners SSD $12M
NxGn Data
(2013, Irvine)
Stealth Mode: Design and manufacture of a new generation of
Intelligent SSD Solutions
Benhamou Global Ventures
SSD $6.26M
Radian Memory
(2011, Calabasas)
Flash based SSD storage for data centers
SSD $4.55M
Kazan Networks
(2014, )
NVMe solution with dual acceleration protocols
Intel Capital, Western Digital, Samsung Venture Investment SSD $4.5M
Converged
Infrastructure

FlashSoft
(2009, Sunnyvale)
Software for SSDs
Bullpen Capital, Accelerator Ventures, Thomvest Ventures, Divergent,
Divergent Ventures, Bullpen Capital
SSD $3M
Proton Digital
(2011, San Jose)
Software for facilitating use of high-end Flash
SKS Capital SSD $2M
DDRdrive
(2007, Paso Robles)
DRAM and NAND solutions
SSD $485k
Sage Microelectronics
(2011, Hangzhou)
SSD delivered on a single PCB
SSD
Stellus
(2015, Menlo Park)
Steatlh mode SSD storage for software defined data center
SSD
iStorage
(2009, Perivale)
Pin authenticated encrypted storage devices.
SSD
MacroSAN
(2009, Hangzhou)
Enterprise-level Storage SSDs
Northern Light Venture Capital SSD
SMART Storage Systems
(2008, Newark)
Solid State Storage Devices
SSD
Converged
Infrastructure

SanDisk
(1988, Milpitas)
Supplier of flash memory cards
Mayfield, US Venture Partners, Matrix Partners, Endeavour Vision, Oak
Investment Partners
SSD
Solid Data
(1993, Santa Clara)
Solid state storage systems
SSD
Assurance
(2010, Louisville)
Enterprise solid state storage
SSD
Codelucida
(2013, Tucson)
LDPC based error-correction technology
National Science Foundation SSD
Innodisk
(2005, Taipei)
Industrial embedded flash and DRAM storage peripherals
SSD
Xitore Inc
(2014, Laguna Niguel)
Stealth Mode: Next generation Solid State Drive (SSD) products
SSD
I/O Switch Technologies
(2013, Santa Clara)
PCIe M.2 SSD
SSD
CACHEIO
(2012, New Hampshire)
SSD Storage Arrays & Flash Caches
SSD
Converged
Infrastructure

Solidi Storage
(2012, Santa Monica)
Stealth startup for SSD
SSD
pureSi
(2008, Golden)
Providing Enterprise Grade Solid State Devices
SSD
Converged
Infrastructure

NAS (1/7)
Troika Networks
(1998, Westlake Village)
Storage virtualization platform
NEA, Draper Fisher Jurvetson, Intel Capital, Anthem Venture Partners,
Windward Ventures, Lake Street Capital, Hamilton BioVentures, Nissho
Electronics USA
$90M
Copan Systems
(2002, Longmont)
Data storage peripherals
Credit Suisse, Battery Ventures, Globespan Capital Partners, Austin
Ventures, Gold Hill Capital, Presidio STX, Pequot Capital, In-Q-Tel,
Pinnacle Ventures
$71.4M
Agami Systems
(2003, Sunnyvale)
unified network storage solutions
NEA, KPCB, DAG Ventures, Apex Venture Partners, Advanced Equities,
HTGC, Alta Partners, Itochu Finance
$50M
Xiotech
(1995, Eden Prairie)
Innovator in the storage industry | VDI
StarTec Investments, Vesbridge Partners $50M
Exanet
(2000, Ra'anana)
network attached storage systems
Intel Capital, Evergreen Venture Partners, Coral Capital Management,
QVT Financial, CSK Venture Capital
$35M
Storspeed Inc.
(2007, Austin)
Flash File cacher.
Palomar Ventures, El Dorado Ventures, Vesbridge Partners $13M
Cache IQ
(2010, Austin)
Network Storage Solutions
$9.86M
Passive Storage << Go to BM List >>
Software Defined
Storage

NAS (2/7)
Connected Data
(2011, Santa Clara)
Enterprise data sync and share
Western Technology Investment, Floodgate, Wing Venture Capital $6.75M
Nubisio
(2011, Reston)
Cloud-enabled bottomless storage solutions
Bain Capital Ventures $4.18M
ioSafe
(2004, Auburn)
physical storage solutions for personal and enterprise use
Central Valley Fund $2.5M
SDNsquare
(2010, Ghent)
NAS provider for Data Center
Merapar $2.04M
X-IO
(1995, Colorado Springs)
Innovator in the storage industry | VDI
Oak Investment Partners, Oak Investment Partners $2M
Alacritech
(1997, San Jose)
NFS Storage Accelerator
Needham Capital Partners, Shoreline Venture Management, Berkeley
VC International
$1.25M
CrosStor Software
(1990, South Plainfield)
Software for network attached storage
Infrant Technologies
(2001, Fremont)
Network attached storage solutions for small and home-businesses
Software Defined
Storage

NAS (3/7)
Snap Appliance
(2001, San Jose)
Network-attached storage solutions
Navigation Capital Partners
Thecus
(2004, Taipei)
NAS, DAS and Network video recorder solutions
eRacks
(1999, Hayward)
open source rackmount servers, notebooks, laptops, and desktops
Iomega
(1980, San Diego)
NAS Storage Solutions
US Venture Partners
Plasmon
(1984, Colorado Springs)
removable data storage solutions
AVAdata Systems
(2008, Pune)
Enterprise network storage solutions
Xtore
(1996, Walnut)
RAID subsystem storage
SGI
(1980, Fremont)
High-performance computing hardware manufacturer
NEA, Mayfield, InterWest Partners, Sevin Rosen Funds, Tennenbaum
Capital Partners, Whippoorwill Associates, Inc.
Software Defined
Storage

NAS (4/7)
BayStorage Technolgy
(2010, Pleasanton)
Bay Storage Technology
SK Telecom Americas Innopartners
Isilon
(2001, Seattle)
Scale-out Network Attached Storage (NAS)
GGV Capital, Tenaya Capital, Focus Ventures, Madrona Venture Group
Parsec Labs
(2013, Minneapolis)
NAS Virtualization and Optimization
Toba Capital
CTERA
(2008, Petah Tikva)
Cloud storage enablement and sync
Bessemer Venture Partners, Cisco, Benchmark Capital, Venrock, Cisco
Investments, Vintage Investment Partners
Cloud Storage Gateway $70M
Panzura
(2008, Campbell)
Global Cloud Storage System
Khosla Ventures, Opus Capital, Matrix Partners, Chevron, Meritech
Capital, Matrix Partners, investmentsltd.net
Cloud Storage Gateway $58M
Crossroads
(1996, Austin)
Data storage and protection solutions
Austin Ventures, Fortress Investment Group, Silverton Partners, Iron
Mountain, Techquity
Cloud Storage Gateway $36.1M
Cirtas Systems, Inc.
(2008, San Jose)
Cloud-enabled Storage System
Amazon, Lightspeed Venture Partners, Bessemer Venture Partners,
NEA, Shasta Ventures
TwinStrata
(2007, Natick)
Cloud Storage Software
Avalon Ventures Cloud Storage Gateway $17.4M
Software Defined
Storage

NAS (5/7)
SoftNAS
(2012, Houston)
NAS in the Cloud and on-premise | Filer
CloudOpt
Cloud Data Transfer Acceleration
BridgeSTOR
(2010, Poway)
BridgeSTOR extends data deduplication into VM disaster
recovery/archive, optimized virtual data transfer to the Cloud and the
long term retention on mag tape.
Cloud Storage Gateway
Avere
(2008, Pittsburgh)
Advanced Storage Solutions
Lightspeed Venture Partners, Norwest Venture Partners, Menlo
Ventures, Tenaya Capital, Western Digital, menlovc.vom
Controller $72M
Nasuni
(2009, Natick)
NAS Filer | Enterprise Storage as a Service
Flybridge Capital Partners, North Bridge Venture Partners, Sigma Prime
Ventures
Controller $53M
CNEX Labs
(2013, San Jose)
NVMe Controller for SSDs with PCIe
Sierra Ventures, Walden International, IDEA Fund Partners Controller $38.83M
ARIO Data Networks
(2000, San Jose)
storage solutions and RAID controllers
Partech Ventures, Anthem Venture Partners, Clearstone Venture
Partners, Evercore
Controller $34.46M
infinite
(2014, Austin)
Storage controller for distributed storage systems
Chicago Ventures Controller $3.4M
Software Defined
Storage

NAS (6/7)
Nuage Labs
(2011, Paris)
Cloud Storage Gateway | Filer Software
Yonder & Beyond Controller $65K
Active Storage
(2007, Torrance)
NAS Storage solutions for media and gaming
Controller
Panaro
(2012, Tirunelveli)
Enterprise storage solutions for SME
Controller
Acopia Networks
(, )
Intelligent file virtualization
Accel Partners, Charles River Ventures, ITOCHU Technology Ventures,
Wing Venture Capital, Vesbridge Partners, Rally Ventures
Controller
Scale8
High-end Distributed NAS system
InterWest Partners, Oak Investment Partners, CenterPoint Ventures Servers $55M
Exablox
(2010, Sunnyvale)
Network Attached Storage System
Dell, Norwest Venture Partners, US Venture Partners, DCM Ventures,
Toshiba
Servers $52.47M
Raidix Storage
(2009, St. Petersburg)
Storage Software to enable build high performance RAID storage
appliances
Rostelecom
Servers $1.4M
Nodeweaver
(2012, London)
Network attached storage
Servers
Software Defined
Storage

NAS (7/7)
Ciphertex
(2002, Chatsworth)
Affordable data storage and security solutions for enterprise
Servers
Asustor
(2011, Taipei)
Private cloud NAS
Servers
DDN Storage
(1998, Chatsworth)
Makers of Big Data Storage Appliances
Iris Capital Servers
QNAP
(2004, Taipei)
Quality Network Appliance Provider
Servers
Synology
(2000, Taipei)
High-performance Network Attached Storage (NAS) servers
Servers
Software Defined
Storage

Software Defined Storage (1/6)
Primary Data
(2013, Los Altos)
Software for Data Center Evolution
Accel Partners, Lightspeed Venture Partners, Battery Ventures, Pelion
Venture Partners, Mercato Partners, Wing Venture Capital, Wing
Capital Group Investments
$123M
Scality
Software defined storage
Iris Capital, Menlo Ventures, Idinvest Partners, Crédit Agricole Private
Equity, Galileo Partners, Bpifrance, Omnes Capital, CAPE, Broad Tower
Inc., STC Ventures, Hewlett Packard Enterprise, Idinvest Partners
$90M
Nexenta
(2005, Santa Clara)
Software-Defined Storage
Dell, Javelin Venture Partners, Sierra Ventures, Presidio Ventures, Menlo
Ventures, Four Rivers Group, Western Technology Investment, TransLink
Capital, WestSummit Capital, United Microelectronics, Razor's Edge
Ventures, UMC Capital
$49.9M
Maxta
(2009, Sunnyvale)
Software defined storage to create hyper convergence
Andreessen Horowitz, Intel Capital, Tenaya Capital $45M
Gridstore
Hyper-V Software Defined Storage
GGV Capital, ONSET Ventures, Western Technology Investment,
Enterprise Ireland, Atlantic Bridge Capital, Acero Capital, Investec
$44.55M
Amplidata
(2008, Lochristi)
Object-based Software Defined Storage Platform
Intel Capital, Swisscom, Endeavour Vision, Western Digital, Quantum,
Texas Atlantic Capital, Hummingbird Ventures
$44.06M
Elastifile
(2013, Herzliya)
Cloud flexibility, manageability and performance enhancement
Lightspeed Venture Partners, Battery Ventures, Cisco Investments $43M
NAS << Go to BM List >>
Storage
Management

Enterprise Storage Report Highlights Key Trends

Enterprise Storage Report Highlights Key Trends

Recommended

Recommended

More Related Content

What's hot

What's hot (20)

Viewers also liked

Viewers also liked (20)

Similar to Enterprise Storage Report Highlights Key Trends

Similar to Enterprise Storage Report Highlights Key Trends (20)

More from Tracxn

More from Tracxn (20)

Recently uploaded

Recently uploaded (20)

Enterprise Storage Report Highlights Key Trends