Excelero Storage

Flexible Storage Network Architecture

Business Software
Acquired (Inactive) by Nvidia on Mar 2022 - closed due to acquisition

Company Overview

Snapshot

Founded in September 2014 by Yaniv Romem, Omri Mann, Ofer Oshri, PhD, and Lior Gal, Excelero Storage operated with 11–50 employees. The company raised a total of $30.5M across 4 funding rounds from 9 investors, and was acquired by Nvidia in March 2022.

Business overview

Excelero Storage developed a software-defined block storage solution designed to meet the performance and scalability demands of large web-scale and enterprise applications. Its core product, NVMesh, enables customers to build distributed, high-performance server SANs for diverse application workloads. This technology allows clients to achieve local flash performance with the convenience of centralized storage, while avoiding proprietary hardware lock-in and reducing overall storage total cost of ownership. The solution has been deployed in hyper-scale industrial IoT services, machine-learning applications, and massive-scale simulation visualization, serving markets in Israel and the United States within the Business Software sector.

Strategic signal

In March 2022, Excelero Storage was acquired by Nvidia, signaling a strategic move by a major technology corporation to integrate advanced storage solutions. This acquisition highlights the increasing importance of high-performance, software-defined storage in supporting demanding applications like AI, machine learning, and large-scale data processing, validating Excelero's technology and market position.

Company Intelligence Q&A

What was a significant milestone for Excelero Storage in 2022?
In March 2022, Excelero Storage was acquired by Nvidia, marking a significant exit for the company.
Which investors participated in Excelero Storage's November 2017 funding round?
In November 2017, Excelero Storage received investment from Qualcomm Ventures and Square Peg.
What recognition did Excelero Storage receive in May 2018?
In May 2018, Excelero Storage was named a 2018 Cool Vendor in Storage Technologies by Gartner.
When did Excelero Storage launch from stealth with its NVMesh 1.1 product?
In March 2017, Excelero Storage launched from stealth with NVMesh 1.1, a server SAN designed to enhance flash performance in web-scale data centers.
Which investor provided strategic funding to Excelero Storage in August 2018?
In August 2018, Excelero Storage received a strategic investment from Western Digital Capital.

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