What is Exablox?
Exablox addresses the escalating costs and complexities of data storage and management for businesses. The company provides an affordable and user-friendly cloud-managed, scale-out, object-based storage solution. Its flagship product, OneBlox, integrates elegant hardware with enterprise-grade software, featuring inline deduplication, continuous data protection, and disaster recovery capabilities. This innovative approach has garnered significant customer adoption across diverse industries, including higher education, healthcare, insurance, and the legal sector, as well as among Fortune 500 companies.
How much funding has Exablox raised?
Exablox has raised a total of $45.5M across 3 funding rounds:
Private Equity
$7.5M
Series A
$22M
Series C
$16M
Private Equity (2011): $7.5M, investors not publicly disclosed
Series A (2012): $22M led by DCM Ventures, U.S. Venture Partners, and Norwest Venture Partners
Series C (2015): $16M supported by DCM Ventures, Norwest Venture Partners, and U.S. Venture Partners
Key Investors in Exablox
DCM Ventures
DCM Ventures is a venture capital firm that invests in early-stage technology companies. Their focus areas often include software, internet, and mobile technologies, aiming to support disruptive innovations and market leaders.
Norwest Venture Partners
Norwest Venture Partners is a global venture capital and growth equity firm with a long history of investing in technology and healthcare companies. They support businesses across various stages, from early-stage to growth equity.
U.S. Venture Partners
U.S. Venture Partners (USVP) is a prominent Silicon Valley venture capital firm that partners with entrepreneurs to build transformative companies. They specialize in early-stage investments across sectors like enterprise software, cybersecurity, and healthcare.
What's next for Exablox?
The recent major strategic investment signals a pivotal phase for Exablox, likely aimed at accelerating product development, expanding market reach, and enhancing its cloud infrastructure. With a history of substantial capital infusion, the company is well-positioned to further solidify its competitive edge in the rapidly evolving storage market. Future initiatives may include deeper integration of AI for storage optimization, enhanced security features, and broader global expansion to cater to an increasing demand for efficient and cost-effective data management solutions.
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