Tonian Systems

A Unified Storage Solution

Business Software
Acquired (Inactive) by Primary Data on Aug 2013 - closed due to acquisition

Company Overview

Snapshot

Founded in April 2010 by Sharon Azulai and Benny Halevy, Tonian Systems operated with 1–10 employees. The company raised a total of $6 million across two funding rounds from two investors. Tonian Systems was acquired by Primary Data in August 2013.

Business overview

Tonian Systems develops standards-based innovations in enterprise storage, focusing on the pNFS standards to enable open standards and interoperability for aggregating, managing, and provisioning storage. The company's core technology aims to transform how storage is handled in enterprise environments, serving markets that require robust data architecture solutions within the business software sector.

Strategic signal

In August 2013, Tonian Systems was acquired by Primary Data, marking a significant exit for the company. This acquisition indicates a strategic consolidation within the data storage sector, with Primary Data integrating Tonian's expertise in pNFS standards and enterprise storage innovation. For investors, this signals the successful validation of Tonian's technology and market approach through an acquisition by a larger entity.

Company Intelligence Q&A

What was a significant milestone for Tonian Systems?
Tonian Systems was acquired by Primary Data in August 2013, leading to the company's inactive status.
When was Tonian Systems founded and by whom?
Tonian Systems was founded in April 2010 by co-founders Sharon Azulai and Benny Halevy.
How much capital did Tonian Systems raise in total?
Tonian Systems raised a total of $6 million across two funding rounds. This included a Seed round in July 2011 and an A Round in November 2011.
Which investors participated in Tonian Systems' funding rounds?
In November 2011, Tonian Systems received funding from Cedar Fund and Charles River Ventures. These investors also participated in a Seed round in July 2011.
What was the nature of the acquisition of Tonian Systems?
Tonian Systems was acquired by Primary Data in August 2013, transitioning its operations to the acquiring company.

External links