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CNEX - About the company

CNEX is a series E company based in San Jose (United States), founded in 2013 by Yiren Huang and Alan Armstrong. It operates as a NVMe controller for SSDs with PCIe. CNEX has raised $122M in funding from investors like Mellanox Technologies, Dell Technologies Capital and M12. The company has 5 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Cavium Networks, TenaFe and Starblaze Technology.

Company Details

Cnex Labs provides an NVMe controller for SSDs with PCIe. It offers solutions such as FTL controls, CNEX SSD controllers, operational modes, data placements, I/O scheduling, application-specific scheduling, userspace management, network scalability, low-latency scaling, storage fabric implementation, hardware acceleration, and SSD controllers.
Email ID
*****@cnexlabs.com
Phone Number
+1 **********
Registered Address
San Jose, California
Key Metrics
Founded Year
2013
Location
San Jose, United States
Stage
Series E
Total Funding
$122M in 9 rounds
Latest Funding Round
Ranked
Employee Count
50 as on Aug 31, 2026
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CNEX's funding and investors

CNEX has raised a total funding of $122M over 9 rounds. Its first funding round was on 2013. CNEX has 16 institutional investors.

Here is the list of recent funding rounds of CNEX:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 10, 2021
6714508
Series E
3553586
5040932
5866895
9124188
Jul 08, 2019
4299288
Series D
3558346
3982150
3513420
4179669
May 17, 2019
3227913
Series D
8205378
6901103
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CNEX's founders and board of directors

Founder? Claim Profile
The founders of CNEX are Yiren Huang and Alan Armstrong.
Here are the details of CNEX's key team members:

CNEX's Board of Directors

CNEX's board has 12 active members. Alan Armstrong, Ben Yu, Bill Moore, Yiren Huang, Gregg Adkin, Michael Raam, Mike Seifert, Mike Raam, Lip Bu Tan, Joseph DeFranco, Matthew Gloss and Yiren Ronnie Huang are independent board members.
Here is the list of CNEX's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
12y 3m
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Independent board member
-
Current
8y 5m
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Independent board member
-
Current
8y 7m
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Independent board member
-
Current
3y 7m
kowkynr
Independent board member
-
Current
3y 1m
yzsklyy
Independent board member
-
Current
3y 8m
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Independent board member
-
Current
4y 1m
gzhtayd
Independent board member
-
Current
5y 9m
dfjfril
Independent board member
-
Current
5y 3m
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Independent board member
-
Current
6y 4m
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Independent board member
-
Current
7y 9m
igysngb
Independent board member
-
Current
9y 2m

CNEX's employee count trend

CNEX has 50 employees as of Aug 26. Here is CNEX's employee count trend over the years:
Employee count trend for CNEX
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CNEX's Competitors and alternates

Top competitors of CNEX include Cavium Networks, TenaFe and Starblaze Technology. Here is the list of Top 10 competitors of CNEX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cavium Networks
Cavium Networks
2001, San Jose (United States), Acquired
Intelligent networks using ARM and MIPS processors
$77.5M
57/100
2nd
Logo for CNEX
CNEX
2013, San Jose (United States), Series E
NVMe controller for SSDs with PCIe
$122M
51/100
3rd
Logo for TenaFe
TenaFe
2019, Campbell (United States), Series B
Platform offering storage solutions and SSDs
$87M
42/100
4th
Logo for Starblaze Technology
Starblaze Technology
2015, Shanghai (China), Deadpooled
Provider of NVMe SSD controllers for enterprises
$14.7M
34/100
5th
Logo for OakGate
OakGate
2008, Loomis (United States), Acquired
Cloud-based SSD validation management platform provider
-
-
33/100
6th
Logo for StorArt
StorArt
2012, Hsinchu (Taiwan), Deadpooled
Manufacturer of SD and SSD controller
-
25/100
7th
Develops and offers data security memory cards and embedded products
-
-
24/100
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CNEX's Investments and acquisitions

CNEX has made no investments or acquisitions yet.

Reports related to CNEX

Here is the latest report on CNEX's sector:

News related to CNEX

lockFilter this list
Cnex Labs Assigned PatentStorageNewsletterMar 20, 2018CNEX
Cnex Labs Assigned Three PatentsStorageNewsletterOct 27, 2017CNEX
Cnex Labs Supporting Toshiba BiCS Flash 3D MemoryStorageNewsletterAug 16, 2017CNEX,
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