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Closed Date7/2013

General Information

Offices

NextIO Corporate Offices
8303 N MoPac Expressway
Suite A210
Austin, TX, 78759
USA

People

President and CEO, co-founder
Vice President of Engineering and Operations
Vice President of HR
Board Director
V ice President of Sales and Marketing

Funding

TOTAL $64.6M
FUNDING TOTAL $64.6M
Series B, 1/2005
Crescendo Ventures
$10M
Series C, 2/2008
Dell
Adams Capital Management
VentureTech Alliance
Crescendo Ventures
JK&B Capital
$18.8M
Series D, 6/2009
$15M
Series E, 8/2011
$8.5M
Series F, 5/2012
Adams Capital Management
Crescendo Ventures
$12.3M

Tags

NextIO Closed down July, 2013

NextIO

According to NextIO separating compute and I/O is the next logical step in server evolution. They deploy and manage server I/O. NextIO extends PCI Express from an ‘in the box’ solution to an ‘at the rack’ solution. The same connection point that is used inside the server today for I/O connections is used outside the server with NextIO for I/O connections at the rack level. A single PCI Express cable connects the server to a pool of I/O resources at the top of the rack. This pool of I/O can enable 10Gb Ethernet, Fibre Channel, InfiniBand, SAS/SATA, FCoE, iSCSI, GPU’s, or any other type of PCI Express I/O device. NextIO virtualizes this I/O, enabling multiple servers to share a single I/O device.

By pooling I/O devices at the top of the rack through the vNET I/O Maestro, customers can cut capital expenses by 40%, operational expenses by 60% and cabling by up to 80%.

Recent Milestones

  • Check
    Closed. (7/1/13)
    Posted
  • Dollar
    NextIO received $12.3M in Series F funding. (5/17/12)
    Posted 5/17/12 at 5:19am via reuters.com
  • Dollar
    NextIO received $8.5M in Series E funding. (8/1/11)
    Posted 8/1/11 at 9:37pm via texastechpulse.com
  • Dollar
    NextIO received $15M in Series D funding. (6/11/09)
    Posted 2/25/14 at 5:05am via sec.gov
  • Dollar
    NextIO received $18.8M in Series C funding. (2/29/08)
    Posted 12/14/09 at 7:26pm via virtualization.com
  • Dollar
    NextIO received $10M in Series B funding. (1/11/05)
    Posted 10/5/10 at 5:13am via nextio.com
  • Check
    NextIO added Jim Everett as Vice President and Co-Founder. (1/1/02)
    Posted 9/7/13 at 1:00am
  • Check
    NextIO added Chris Pettey as CTO, co-founder.
    Posted 12/14/09 at 7:15pm
  • Check
    NextIO added K.C. Murphy as President and CEO, co-founder.
    Posted 12/14/09 at 7:14pm
  • Check
    NextIO added Rich Warwick as Senior Vice President of Engineering and Operations.
    Posted 12/14/09 at 7:15pm
  • Check
    NextIO added DaWane Wanek as Vice President of World Wide Sales.
    Posted 12/14/09 at 7:15pm
  • Check
    NextIO added Mike Heumann as V ice President of Sales and Marketing.
    Posted 10/11/12 at 8:11am
  • Check
    NextIO added Jaime Edwards as Vice President of Engineering and Operations.
    Posted 10/11/12 at 8:12am
  • Check
    NextIO added Jim Everett as Vice President of HR.
    Posted 10/11/12 at 8:12am
  • Check
    NextIO added Patrick Chang as Board Member.
    Posted 9/12/13 at 8:43pm

Videos

Above:

NextIO Company Overview

Added: 10/17/12

Screenshots

Products

I/O Consolidation Appliance N2800-ICA
PCI Express Connect Module N1400-PCM
nControl Management Software
vNET I/O Maestro

Sources

  1. NextIO Closes $10 Million in Series B Funding (nextio.com) [edit]
  2. NextIO Raises $ 18.8 Million In Series C Funding For Virtualizing Server Communicatio (virtualization.com) [edit]
  3. SEC (sec.gov) [edit]
  4. NextIO Confirms $8.5M Funding (texastechpulse.com) [edit]
  5. NextIO Secures $12.3 Million in Series F Financing (reuters.com) [edit]
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Last Edited 2/25/14

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