Exanet

Network Storage Systems

Business Software
Acquired (Inactive) by Dell Technologies on Feb 2010 - closed due to acquisition
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Company Overview

Snapshot

Founded in January 2000 by Giora Yaron, Exanet operated with 11–50 employees. The company raised $35 million across 2 funding rounds from 7 investors before being acquired by Dell Technologies in February 2010.

Business overview

Exanet developed the ExaStore Clustered NAS, a high-performance, scalable network-attached storage solution. This technology provided a true clustered, distributed file system designed to optimize workflow, increase productivity, and reduce the total cost of ownership for storage. Exanet's enterprise-class storage solution served businesses across various applications and environments within the Business Software sector, focusing on IT, R&D & Data Solutions, Data Architecture, Software Development Tools, and Product Development Tools.

Strategic signal

In February 2010, Exanet was acquired by Dell Technologies. This acquisition marked a strategic move for Dell to enhance its data storage capabilities with Exanet's clustered NAS technology, signaling a consolidation trend in the enterprise storage market and providing a significant exit for Exanet's investors.

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Company Intelligence Q&A

When was Exanet founded?
Exanet was founded in January 2000.
Who founded Exanet?
Exanet was founded by Giora Yaron.
How much capital did Exanet raise in total?
Exanet raised a total of $35 million across 2 funding rounds before its acquisition.
Which investors participated in Exanet's funding rounds?
Exanet received funding from investors including Evergreen Venture Partners and Intel Capital.
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