ScaleIO
Elastic Converged Storage Solutions
Company Overview
Snapshot
Founded in March 2011 by Boaz Palgi, ScaleIO operated with 51–200 employees, raising $12 million across one funding round from two investors. The company was acquired by Dell EMC in June 2013.
Business overview
ScaleIO specializes in elastic converged storage solutions, providing its flagship ECS offering to help data centers significantly reduce storage costs and streamline operations. The company develops information and virtual infrastructures designed to manage digital information, offering solutions in backup and recovery, enterprise content management, unified storage, big data, and security. Serving global markets, ScaleIO operates within the Business Software sector, focusing on IT & Network Management and Data Architecture, with a core technology in Data Storage and Cloud solutions for enterprise customers.
Strategic signal
In June 2013, ScaleIO was acquired by Dell EMC. This acquisition by a major multinational technology corporation validated ScaleIO's innovative approach to software-defined storage and its potential to compete with established players like IBM and Hitachi Data Systems, signaling a strategic shift in the enterprise storage market towards more agile and cost-effective solutions.
Log in to access full profile ›Company Intelligence Q&A
- When was ScaleIO founded?
- ScaleIO was founded in March 2011 by Boaz Palgi.
- How much capital did ScaleIO raise?
- ScaleIO raised $12 million in a funding round in December 2012.
- Which investors participated in ScaleIO's funding round?
- In December 2012, ScaleIO received funding from Greylock and Norwest Venture Partners.
- What is ScaleIO's primary business focus?
- ScaleIO provides elastic converged storage solutions, including its ECS offering, to help data centers reduce costs and manage digital information through various IT infrastructure and data management services.