What is Exablox?
Exablox positions itself as a leader in transforming enterprise storage through its cloud-managed, scale-out, object-based solution. The company's core offering, OneBlox, integrates elegant hardware with robust enterprise-grade software, featuring inline deduplication, continuous data protection, and disaster recovery capabilities. This comprehensive approach aims to provide an affordable and user-friendly storage experience, tackling the complexities of information management that plague many organizations. Exablox has garnered significant customer adoption across diverse verticals, including higher education, healthcare, insurance, and the legal sector, as well as attracting interest from 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 U.S. Venture Partners, Norwest Venture Partners, and DCM Ventures
Series C (2015): $16M supported by US Venture Partners, Norwest Venture Partners, and DCM Ventures
Key Investors in Exablox
US Venture Partners
US Venture Partners is a prominent Silicon Valley venture capital firm specializing in early-stage investments across cybersecurity, enterprise software, consumer products, and healthcare. They leverage a strong network to support company growth and innovation.
Norwest Venture Partners
Norwest Venture Partners is a global, multi-stage venture capital and growth equity investment firm with a long history dating back to 1961. They invest across various stages and sectors, providing strategic capital and support.
DCM Ventures
DCM Ventures is a venture capital firm focused on early-stage technology companies, particularly in the software and internet sectors. They aim to partner with entrepreneurs to build market-leading businesses.
What's next for Exablox?
With the recent influx of $16M in major strategic investment, Exablox is poised for accelerated expansion and further development of its innovative storage technologies. This enterprise-level backing suggests a focus on scaling operations, enhancing product capabilities, and potentially broadening market reach. The company's trajectory indicates a move towards solidifying its position as a key player in the competitive cloud-managed storage market, likely investing in R&D to maintain its technological edge and expanding its sales and support infrastructure to cater to a growing enterprise client base. The strategic nature of this financing may also signal potential partnerships or acquisitions aimed at strengthening its ecosystem.
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