# Nexenta Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nexenta-systems

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.nexenta.com
- Total disclosed funding: $155M
- Latest round: Series G (Dec 19, 2016)
- Investors on record: 11

## About

Nexenta Systems, Inc. specializes in software-defined storage solutions aimed at enhancing data management and eliminating storage silos across various infrastructures.Founded in 2005, Nexenta Systems, Inc. operates from its headquarters in Santa Clara, California, US. The company provides software-defined storage solutions and has successfully completed a total of 15 deals, with its most recent investment round occurring on November 28, 2017. During this round, Nexenta raised USD 20.00 mn, led by SoftBank Group with participation from other investors including Javelin Venture Partners and Lake Capital Partners. The founder's history and other company pivots are not detailed in the available information.Nexenta offers a comprehensive portfolio of software-defined storage (SDS) solutions designed to eliminate storage silos and enhance data management across various infrastructures. Their core products include NexentaStor and NexentaConnect, providing flexible, scalable storage options that support multi-service file, block, and object storage. These solutions cater to enterprises requiring high-performance storage for both legacy and next-generation applications, suitable for deployments ranging from tens of terabytes to multiple petabytes. The company's software is compatible with major infrastructure environments such as VMware, Microsoft, and OpenStack, enabling service across North America, Europe, and Asia-Pacific while assisting organizations in future-proofing their storage strategies and minimizing costs.Nexenta generates revenue primarily through direct sales of its software solutions and related services, including a 45-day free trial for prospective customers. The company employs a subscription-based model tailored for B2B transactions, granting clients access to its software solutions as part of a comprehensive storage management strategy. Pricing structures vary according to deployment configurations and customer needs, aligning with enterprise-level requirements for performance and scalability. Nexenta’s flagship offerings, designed for high performance and low latency, play a key role in revenue generation by appealing to enterprises seeking efficiency in data management.Following the recent funding round on November 28, 2017, where Nexenta raised USD 20.00 mn led by SoftBank, the company is focusing on launching upcoming products and expanding into new geographic markets. Specific details on new products and release dates are not provided, but the funding will facilitate these initiatives. Additionally, Nexenta aims to enhance its presence in global markets, though the targeted regions for this expansion are not specified.

## Funding rounds

- Series G, Dec 19, 2016, $7.2M — Javelin Venture Partners, WestSummit Capital
- Series F, Apr 28, 2015, $30M — Sierra Ventures, WestSummit Capital
- Series E, Sep 9, 2014, $12M — Sierra Ventures
- Series E, Dec 18, 2013, $14M — Sierra Ventures
- Series E, Sep 30, 2013, $22M — TransLink Capital, WestSummit Capital
- Series D, Aug 28, 2013, $20M — Menlo Ventures, Sierra Ventures, TransLink Capital, Javelin Venture Partners, Four Rivers Group, Razor's Edge Ventures, WestSummit Capital, Presidio Ventures, UMC Capital
- Series D, Dec 21, 2012, $3.9M — Sierra Ventures, TransLink Capital
- Series C, Jul 1, 2012, $20M — WestSummit Capital
- Series C, Jan 18, 2012, $21M — Menlo Ventures, Sierra Ventures, TransLink Capital, Javelin Venture Partners, Razor's Edge Ventures
- Series B, Oct 27, 2010, $5.9M — Western Technology Investment, TransLink Capital, Javelin Venture Partners, KT Corporation

## Investors

- Western Technology Investment (https://capitalatlas.ai/funds/western-technology-investment) — Series B
- TransLink Capital (https://capitalatlas.ai/funds/translink-capital) — Series B, Series C, Series D, Series E
- Javelin Venture Partners (https://capitalatlas.ai/funds/javelin-venture-partners) — Series B, Series C, Series D, Series G
- KT Corporation — Series B
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series C, Series D
- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Series C, Series D, Series E, Series F
- Razor's Edge Ventures (https://capitalatlas.ai/funds/razor-s-edge-ventures) — Series C, Series D
- WestSummit Capital (https://capitalatlas.ai/funds/westsummit-capital) — Series C, Series D, Series E, Series F, Series G
- Four Rivers Group (https://capitalatlas.ai/funds/four-rivers-group) — Series D
- Presidio Ventures (https://capitalatlas.ai/funds/presidio-ventures) — Series D
- UMC Capital (https://capitalatlas.ai/funds/umc-capital) — Series D