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Acquired bySamsung Electronics
Date12/2012

General Information

Offices

NVELO Headquarters
5201 Great America Pkwy
Suite 419
Santa Clara, CA, 95054
USA

People

President & CEO
VP Product Management
VP Business Development
Sr. Director Operations
Controller

Funding

TOTAL $7.65M
FUNDING TOTAL $7.65M
Venture Round, 12/2010
$1.09M
Series A, 7/2011
SKS Capital
Cadence Design Systems
$6.56M

Tags

NVELO

NVELO, Inc. (NVELO) is a storage software company founded in June 2010 to address the growing I/O bottleneck in computing systems.

NVELO’s product (Dataplexâ„¢) delivers the performance of Solid State Drives (SSD’s), combined with the price and capacity of Hard Disk Drives (HDD’s) through kernel-level adaptive caching and data management technologies, to bring significant value to notebook, desktop, server, and other computing devices.

Formed as a spin-off from Denali Software, Inc., coincident with Denali’s acquisition by Cadence Design Systems for $315M, NVELO benefited from over 3 years of R&D and business development incubation within Denali. NVELO was able to effectively transplant the entire Dataplex engineering, marketing, and business development personnel intact from Denali to NVELO, and complete the product for market.

Recent Milestones

Videos

Screenshots

Sources

  1. Samsung Electronics Acquires NVELO (in.finance.yahoo.com) [edit]
  2. SEC (sec.gov) [edit]
  3. NVELO Secures $6.6 Million in Series A Funding (prnewswire.com) [edit]
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Last Edited 11/21/13

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