XtremIO
All-flash Storage Solution for Enterprises
Company Overview
Snapshot
Founded in October 2009 by Ehud Rokach and Yaron Segev, XtremIO grew to 201–500 employees. The company raised $25 million across three funding rounds from five investors. XtremIO was acquired by Dell EMC in May 2012.
Business overview
XtremIO, now integrated into the Dell EMC Israel R&D Center, develops all-flash, scale-out, high-availability enterprise storage arrays for data centers. The company specializes in research and development, product management, and professional services, focusing on building next-generation servers and storage infrastructure. Its core products, XtremIO and XtremIO X2, serve enterprises globally within the Business Software sector, specifically in IT, R&D & Data Solutions and Data Architecture, with a focus on Data Storage technology.
Strategic signal
In May 2012, XtremIO was acquired by EMC for $430 million, a significant exit that validated its all-flash storage technology and market potential. This acquisition demonstrated strong investor confidence in the company's innovative approach to enterprise data storage and marked a strategic move by EMC to enhance its storage portfolio with advanced flash solutions, signaling a shift towards high-performance, scale-out architectures in the enterprise storage market.
Log in to access full profile ›Company Intelligence Q&A
- When was XtremIO founded?
- XtremIO was founded in October 2009.
- Who were the founders of XtremIO?
- XtremIO was founded by Ehud Rokach and Yaron Segev.
- What was a significant corporate event for XtremIO?
- In May 2012, XtremIO was acquired by Dell EMC for $430 million.
- How much capital did XtremIO raise in total?
- XtremIO raised a total of $25 million across three funding rounds from five investors.
- Which investors participated in XtremIO's December 2011 funding round?
- In December 2011, XtremIO received investment from Lightspeed Venture Partners and Dell Technologies Capital.