Overview

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Status
Acquired by on December 15, 2012
Total Equity Funding
$7.65M in 2 Rounds from 2 Investors
Headquarters:
Santa Clara, California
Description:
NVELO is a storage software company providing solutions for solid state drives based on the capacity of hard disk drives.
Founders:
,
Categories:
Software
Website:
http://www.nvelo.com
Social:

Company Details

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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 (Dataplex™) 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.

Funding Rounds (2) - $7.65M

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DateAmount / RoundValuationLead InvestorInvestors
Jul, 2011$6.56M / Series A2
Dec, 2010$1.09M / Venture0

Investors (2)

InvestorRound(s)Partner(s)
Series A-
Series A (Lead)-

Current Team (5)

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Offices/Locations (1)

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  • Headquarters

    5201 Great America Pkwy

    Suite 419

    Santa Clara, California 95054

    United States

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