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 by Giora Yaron.
What is Exanet's primary business?
Exanet provides the ExaStore Clustered NAS, a high-performance, scalable solution for network storage systems, featuring a true clustered, distributed file system.
When was Exanet acquired?
Exanet was acquired by Dell Technologies in February 2010.
Which investors participated in Exanet's funding rounds?
Exanet received investments from firms including Evergreen Venture Partners, QVT Financial, CSK Venture Capital, and Intel Capital.
What was the total capital raised by Exanet?
Exanet raised a total of $35 million across its funding rounds.
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