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Fusion-io history
Fusion-io company history timeline
Founded in 2006, Fusion-IO makes advanced data storage systems.
A product with the brand name ioDrive was demonstrated and announced in September 2007.
In March 2008, Fusion-io raised $19 million in a series A round of funding from a group of investors led by New Enterprise Associates.
Fusion-io announced $47.5 million in a series B round of investment led by Lightspeed Venture Partners in April 2009.
A third round of funding led by Meritech Capital Partners, with additional capital from Accel Partners and Andreessen Horowitz, provided a total of $45 million in April 2010.
In May 2010, the Linux block-io principal developer, Jens Axboe, joined Fusion-io after leaving Oracle.
In May 2010, the Linux block-io principal developer, Jens Axboe, joined Fusion-io after leaving Oracle. It was named the second most promising information technology company by The Wall Street Journal in March 2010.
Founded in 2006, Fusion-IO makes advanced data storage systems. It went public in 2011 at a sky high multiple of 41 times the previous year’s sales, valuing the company at $1.48 billion.
In August 2012, Fusion-io announced the ION Data Accelerator software.
At Storage Field Day 3, Fusion-io announced their acquisition of NexGen Storage in April 2013 for $114 million cash and $5 million in stock.
In May 2013, the co-founders David Flynn (CEO) and Rick White (CMO) left.
In June 2014, SanDisk announced its intentions to buy Fusion-io.
However, during the F2Q 2014 earnings call, it was made clear that in Q2 the orders of twelve customers exceeded $1 million each.
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Fusion-io competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| NetApp | 1992 | $6.3B | 10,500 | 307 |
| Syntellect | 1984 | $100.0M | 375 | - |
| Boingo Wireless | 2001 | $237.4M | 411 | 16 |
| Akamai Technologies | 1998 | $4.0B | 8,800 | 130 |
| Equinix | 1998 | $8.2B | 10,013 | 173 |
| Semaphore | 1993 | $4.8M | 100 | - |
| Inktomi | 1996 | $112.0M | 200 | - |
| Telenav | 1999 | $235.3M | 583 | - |
| MapQuest | 1996 | - | 180 | - |
| Verisign | 1995 | $1.6B | 1,019 | 16 |
Fusion-io history FAQs
Zippia gives an in-depth look into the details of Fusion-io, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Fusion-io. The employee data is based on information from people who have self-reported their past or current employments at Fusion-io. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Fusion-io. The data presented on this page does not represent the view of Fusion-io and its employees or that of Zippia.
Fusion-io may also be known as or be related to FUSION IO INC., FUSION-IO, INC., Fusion-io, Fusion-io Inc and Fusion-io LLC.