InfiniteIO - About the company
InfiniteIO is a deadpooled company based in Austin (United States), founded in 2012 by Mark Cree, Chris Richards and David Sommer. It operates as a Storage controller for distributed storage systems. InfiniteIO has raised $18.1M in funding from Chicago Ventures. The company has 346 active competitors, including 51 funded and 24 that have exited. Its top competitors include companies like DigitalOcean, Wasabi and Hitachi Vantara.
Company Details
Infinite io is a storage controller for distributed storage systems for an enterprise. Their product NSC- 110 which is flash optimized, intelligently managed data between distributed storage. It moves inactive data to low-cost storage and increases the performance of hot data by providing it from in-built flash storage, all these policies can be set by IT admins. Its the 1st company to launch a network based storage controller. It is the 1st network based storage controller. Founded in 2014, it was incubated at Jon Brumley Texas Venture Labs. Pricing starts at $50K and varies by configuration.
Key Metrics
Founded Year
2012
Location
Austin, United States
Stage
Deadpooled
Total Funding
$18.1M in 3 rounds
Latest Funding Round
Investors
Ranked
63rd among 346 active competitors
Employee Count
11 - 50 as on Jul 01, 2024
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InfiniteIO's funding and investors
InfiniteIO has raised a total funding of $18.1M over 3 rounds. Its first funding round was on 2015. Its latest funding round was a Series B round on Aug 29, 2018 for $*****. 9 investors participated in its latest round. InfiniteIO has 4 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of InfiniteIO:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 29, 2018 | 9628588 | Series B | 8113961 | 7916453 | 3784998 | 4387865 |
Dec 18, 2017 | 2851974 | Series A | 3362310 | 8319928 | 1795385 | 5102756 |
2015 | 6945 | Series A | 4142 | 5125 | 1101 |
View details of InfiniteIO's funding rounds and investors
InfiniteIO's founders and board of directors
Founder? Claim ProfileHere are the details of InfiniteIO's key team members:
- Mark Cree: Former Founder & CEO of InfiniteIO.
- Chris Richards: Former Co-Founder of InfiniteIO.
- David Sommer: Co-Founder of InfiniteIO.
View details of InfiniteIO's Founder profiles and Board Members
InfiniteIO's employee count trend
InfiniteIO has 11 - 50 employees as of Jul 24. Here is InfiniteIO's employee count trend over the years:
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InfiniteIO's Competitors and alternates
Top competitors of InfiniteIO include DigitalOcean, Wasabi and Hitachi Vantara. Here is the list of Top 10 competitors of InfiniteIO, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DigitalOcean 2011, New York City (United States), Public | Provider of cloud infrastructure, virtual machines, and managed database hosting | $174M | 80/100 | |
2nd | Wasabi 2015, Boston (United States), Series E | Cloud storage provider offering scalable solution for businesses | $484M | 71/100 | |
3rd | Hitachi Vantara 1989, Santa Clara (United States), Series A | Provider of data infrastructure, hybrid cloud, and data resilience solutions | $6.56M | - | 70/100 |
4th | Filecoin 2014, San Francisco (United States), Seed | Decentralized network storage solutions for enterprieses | $120K | 66/100 | |
5th | Lucidity 2021, New York City (United States), Series A | Platform offering cloud block storage management solutions | $31.8M | 65/100 | |
6th | Backblaze 2007, San Mateo (United States), Public | Provider of cloud storage and computer backup solutions for businesses | $5.3M | 65/100 | |
7th | Amazon Web Services 2006, Seattle (United States), Funding Raised | Provider of cloud computing services, including infrastructure, AI, and data solutions | - | 65/100 | |
8th | pCloud 2013, Baar (Switzerland), Series A | Enterprise cloud storage | $3M | - | 64/100 |
9th | Hammerspace 2018, Los Altos (United States), Series B | Provider of storage management solutions | $157M | 63/100 | |
10th | Lucidlink 2016, San Francisco (United States), Series C | Provider of Cloud NAS based on object storage technology | $115M | 59/100 | |
63rd | InfiniteIO 2012, Austin (United States), Deadpooled | Storage controller for distributed storage systems | $18.1M | 38/100 |
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InfiniteIO's Investments and acquisitions
InfiniteIO has made no investments or acquisitions yet.
Reports related to InfiniteIO
Here is the latest report on InfiniteIO's sector:
News related to InfiniteIO
•
InfiniteIO Partners with Cloudian to Optimize Economics of Private Cloud StorageBusiness Wire•Aug 12, 2019•Infinite, Cloudian, InfiniteIO
•
InfiniteIO Appoints Christopher Galvin as Chairman of the Board of DirectorsBusiness Wire•Feb 26, 2019•InfiniteIO
•
Former Motorola CEO, VCs and Austin Angel Investors Back infinite io’s $10.3M Series BAmerican Inno•Aug 29, 2018•InfiniteIO, Chicago Ventures, EQ Holdings, PV Ventures and 6 others
•
Clustering of infinite io NSC-055s Network-Based Metadata AcceleratorStorageNewsletter•Nov 23, 2017•InfiniteIO
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