Overview

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Status
NextIO has been closed
Total Equity Funding
$64.6M in 5 Rounds from 5 Investors
Headquarters:
Austin, Texas
Description:
NextIO is an IT company providing solutions for PCIe expansion and I/O virtualization in traditional data centers and HPC environments.
Founders:
, ,
Categories:
Data Center, Software, Information Technology, Virtualization
Website:
http://www.nextio.com
Social:

Company Details

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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%.

Funding Rounds (5) - $64.6M

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DateAmount / RoundValuationLead InvestorInvestors
May, 2012$12.3M / Series F2
Aug, 2011$8.5M / Series E0
Jun, 2009$15M / Series D0
Feb, 2008$18.8M / Series C5
Jan, 2005$10M / Series B1

Board Members and Advisors (1)

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Products (3)

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Offices/Locations (1)

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  • NextIO Corporate Offices

    8303 N MoPac Expressway

    Suite A210

    Austin, Texas 78759

    United States

Past Team (8)

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