# ScaleIO

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

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.scaleio.com
- Latest round: Series A (Dec 30, 2011)
- Investors on record: 1

## About

ScaleIO is a data storage company that provides scalable, software-defined storage solutions designed for high performance and flexibility. Their technology addresses the growing management challenges of data in various environments.Founded in 2011 by Eran Borovik and Lior Bahat, ScaleIO specializes in software-defined storage solutions. The company is headquartered in Palo Alto, California, United States. In June 2013, the company was acquired by EMC for a transaction valued between USD 200 mn to USD 300 mn, raising a total of USD 200 mn across 4 deals.  ScaleIO offers a comprehensive range of data storage solutions that include software-defined storage, object storage, block storage, and hyperconverged systems. These products enhance data management efficiency and security, facilitating seamless access and integration with leading applications. Serving sectors like healthcare, finance, government, and education, ScaleIO's solutions are tailored for varying data types, catering to organizations across North America, Europe, and Asia-Pacific.ScaleIO's revenue model is centered around the sales of its data storage solutions to both consumers and enterprises. This includes subscription models for software-defined storage and traditional sales for hardware. The company engages in multi-year contracts with clients, providing predictable revenue streams. Key products like PowerScale and PowerStore are critical to their revenue strategy, appealing to a diverse clientele seeking high-performance data management.Looking ahead, ScaleIO aims to enhance its product lineup by launching new software-defined storage solutions by 2024. The recent acquisition by EMC will facilitate this growth, enabling ScaleIO to expand its market presence, particularly in Europe and Asia-Pacific by the end of 2025. The funding from EMC is expected to support these initiatives, strengthening their capabilities in data management solutions.

## Funding rounds

- Series A, Dec 30, 2011 — 83 North

## Investors

- 83 North (https://capitalatlas.ai/funds/83-north) — Series A