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Acquired byImation
Price$120M
Date1/2013
TermsCash and Stock

General Information

Offices

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People

Chief Executive Officer & Board Member
CEO, Nexsan Canada
Chief Financial Officer
Chief Technology Officer
Chief Commercial Officer
Executive Vice President of Sales
CHIEF TECHNICAL SERVICES OFFICER
Executive Vice President of Business Development
Marketing

Funding

TOTAL $24.5M
FUNDING TOTAL $24.5M
Series A, 12/2003
RRE Ventures
VantagePoint Capital Partners
Beechtree Capital
$17M
Venture Round, 4/2009
Fonds de solidarité FTQ
$7.5M

Competitors

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Nexsan

Nexsan provides energy efficient disk-based storage systems designed for the long-term storage of digital information.

Nexsan’s hardware and software systems are ideal for storing and archiving information commonly referred to as “fixed content”, since it typically changes little over time. This includes medical images, email, business documents, video images, research data, and digital media of all types. The company’s solutions enable organizations to store and access growing amounts of fixed content over longer periods of time, while meeting evolving business and compliance requirements in a “green” environment.

Nexsan is recognized as a pioneer of reliable disk-based storage technologies optimized for capacity, energy efficiency and cost. Through its adoption and refinement of RAID, ATA and SATA disk technologies coupled with innovations in de-duplication, secure archiving software, and storage encryption, Nexsan’s products have dramatically reshaped the economics of disk-based storage. Nexsan now offers enterprise-class storage at price points up to 1/10th the cost of traditional disk-based storage solutions. The company’s products offer AutoMAID (Automatic Massive Array of Idle Disks), a policy-based intelligent “green” energy saving technology. AutoMAID epitomizes the MAID 2.0 concept in which power consumption is dramatically reduced without sacrificing performance.

Since its founding in 1999, Nexsan has sold its products exclusively through a select, global network of VARs, OEMs, and system integrators and have deployed over 21, 000 systems worldwide to more than 60 countries. Nexsan has installed its systems in small and medium-sized enterprises as well as large global enterprises around the world.

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Nexsan screenshot
Above: Nexsan Screenshot -- #1
Uploaded: 3/11/10

Products

Assureon
AutoMAID
DATABeast
SASBeast
SASBoy
SATABeast
SATABeast Xi
SATABoy
The Edge

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Compete

Nexsan

Sources

  1. Imation Buys Nexsan For $120M To Beef Up Its SME Enterprise Storage Business (techcrunch.com) [edit]
  2. Nexsan Corporation Receives Series A Investment From RRE Ventures LLC, Banca Gesfid SA, VantagePoint Capital Partners, Inc., And Others (privco.com) [edit]
  3. Nexsan Revs Up $7.5M Channel Push (crn.com) [edit]
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Last Edited 6/14/13

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