# Memblaze

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/memblaze

- Industry: Hardware
- Headquarters: Beijing, China
- Website: www.memblaze.com
- Total disclosed funding: $30M
- Latest round: Series E (Mar 1, 2021)
- Investors on record: 11

## About

Memblaze is a technology company specializing in high-performance NVMe SSDs, providing innovative storage solutions that cater to enterprise demands in cloud computing and big data applications.Founded in 2011 in Beijing, China, Memblaze operates as a leading provider of NVMe SSD technology. The company has undergone strategic developments to enhance its product offerings, including its flagship PBlaze series. Memblaze's founders include XueBing Yin and Zhibo Tang, with Taile Zhang also serving as CEO. The company has successfully raised a total of CNY 200.000 mn through various funding rounds, including its most recent ROUND, Series D, on March 1, 2021, led by SBVA, among others.Memblaze specializes in high-performance NVMe SSDs, particularly the PBlaze7 and PBlaze6 series. These products leverage advanced technology, such as the Tsinghua Unigroup's Zhenyue 510 controller and Yangtze Memory Technologies' Xtacking 3D TLC NAND, to support PCIe 5.0 interfaces, offering significant improvements in read and write performance. The company's solutions target data centers and enterprises engaged in cloud computing, big data, artificial intelligence, and virtualization, focusing on high IOPS and low latency to maximize performance for demanding workloads.Revenue for Memblaze is generated through business-to-business transactions, with enterprise clients purchasing NVMe SSDs for integration into their IT infrastructures. The company's pricing reflects the advanced technology and performance of its products, which are primarily sold in bulk to data centers and businesses. The PBlaze series, particularly the PBlaze7 and PBlaze6 models, serves as a cornerstone of its revenue strategy, addressing the needs of sectors including cloud computing and artificial intelligence.Memblaze is actively working on expanding its product lineup with upcoming launches aimed at enhancing storage capabilities. The company aims to penetrate new geographic markets, specifically targeting expansion in North America and Europe by 2023. The recent funding from the Series D round will be utilized to support these initiatives, enabling Memblaze to develop innovative storage solutions and enhance its competitive positioning in the global market.

## Funding rounds

- Series E, Mar 1, 2021 — CPE Funds Management, CMB International Asset Management, China Reform Holdings, Xinyi Capital, MTM Capital, Youshan Capital, Zhuoyu Capital
- Series D, Nov 16, 2020, $30M — SBVA, Toyou
- Series C, Dec 21, 2015 — Qualcomm Ventures, General Technology Venture Capital

## Investors

- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series C
- General Technology Venture Capital (https://capitalatlas.ai/funds/general-technology-venture-capital) — Series C
- SBVA (https://capitalatlas.ai/funds/sbva) — Series D
- Toyou — Series D
- CPE Funds Management (https://capitalatlas.ai/funds/cpe-funds-management) — Series E
- CMB International Asset Management (https://capitalatlas.ai/funds/cmb-international-asset-management) — Series E
- China Reform Holdings (https://capitalatlas.ai/funds/china-reform-holdings) — Series E
- Xinyi Capital (https://capitalatlas.ai/funds/xinyi-capital) — Series E
- MTM Capital (https://capitalatlas.ai/funds/mtm-capital) — Series E
- Youshan Capital (https://capitalatlas.ai/funds/youshan-capital) — Series E
- Zhuoyu Capital (https://capitalatlas.ai/funds/zhuoyu-capital) — Series E