Company Overview
Snapshot
Founded in January 2000 by Giora Yaron, Exanet operated with 11–50 employees. The company raised $35,000,000 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 allow administrators to expand capacity and performance without impacting applications or users. Exanet's enterprise-class storage solution aimed to optimize workflow, increase productivity, and reduce the total cost of storage ownership for businesses across various applications and environments, operating within the Business Software sector, specifically targeting enterprise clients with IT, R&D, and data solutions.
Strategic signal
Exanet's acquisition by Dell Technologies in February 2010 signaled a strategic move by a major technology corporation to enhance its data storage capabilities. This event highlights the value placed on advanced clustered NAS technology in the enterprise market and indicates a consolidation trend where larger players integrate specialized solutions to expand their product portfolios and market reach.
Company Intelligence Q&A
- When was Exanet founded?
- Exanet was founded in January 2000.
- Who founded Exanet?
- Exanet was founded by Giora Yaron.
- What was a significant corporate event for Exanet?
- In February 2010, Exanet was acquired by Dell Technologies, leading to its inactive status.
- How much capital did Exanet raise?
- Exanet raised a total of $35,000,000 across 2 funding rounds.
- Which investors participated in Exanet's funding rounds?
- Exanet received funding from investors including Evergreen Venture Partners and Intel Capital.