NexGen Storage
Latest round
- Series A
Last raised
- Feb 2011
Total raised
- Undisclosed
Investors
- 2
About NexGen Storage
NexGen Storage offers innovative digital hosting solutions, focusing on enhancing website performance and security for businesses.NexGen Storage was founded in 2010 and is headquartered in Louisville, US. The company specializes in providing digital hosting solutions. In January 2016, the company was acquired by Pivot3, a move that marked a pivotal moment in its operational strategy.NexGen Storage specializes in offering digital hosting solutions that enhance website performance and reliability. Their core products include high-performance managed WordPress hosting, scalable cloud hosting services, and comprehensive site management tools. These offerings are designed to address issues related to website uptime, speed, and security, catering to small to medium-sized enterprises (SMEs), e-commerce platforms, and individual developers primarily across North America and Europe.NexGen Storage generates revenue through a structured subscription model, where clients pay for hosting services on a recurring basis. This model includes various pricing tiers based on service levels, storage capacity, and additional features such as enhanced security options and customer support packages. Their flagship managed WordPress hosting service is priced at different levels to accommodate a range of customer budgets.Going forward, NexGen Storage plans to launch new products designed to meet emerging market demands. While specific release dates are not provided, the company is focused on expanding into additional geographic regions beyond its current presence in North America and Europe. In addition, the acquisition by Pivot3 may lead to further strategic developments and opportunities in the hosting solutions sector.
Who invested in NexGen Storage
2 investors across 1 round
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Funding rounds
Series A
Feb 7, 2011
Amount
Undisclosed
Investors
Questions about NexGen Storage
Who invested in NexGen Storage?
NexGen Storage has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has NexGen Storage raised?
NexGen Storage has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did NexGen Storage last raise money?
NexGen Storage's most recent round on record is a Series A, in Feb 2011.
What does NexGen Storage do?
NexGen Storage offers innovative digital hosting solutions, focusing on enhancing website performance and security for businesses.
Where is NexGen Storage headquartered?
NexGen Storage is headquartered in Louisville, US.
Which VCs invest in companies like NexGen Storage?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back business support services companies at NexGen Storage's stage. Their profiles are linked below.
VCs backing business support services startups at Series A
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