CNEX Labs, with the slogan "New Generation Storage," is a privately held company founded in 2013 and funded by venture capital and strategic investments from Fortune 500 companies in storage and networking. The company operates in the industries of Big Data, Cloud Infrastructure, and Semiconductor, with its headquarter located in the United States.
Specializing in innovative storage semiconductor and software solutions, CNEX collaborates with solid-state storage manufacturers, data center and systems customers to develop revolutionary NVMe and Open-Channel SSD controller ASICs. These solutions aim to deliver high-performance with low and predictable latency, scalability, and flexibility for software-defined storage, playing a crucial role in accelerating the capabilities of big data computing and analytics for the next generation of cloud, hyperscale, and enterprise data centers.
Recent developments indicate that CNEX Labs secured a significant $14.69M Series G investment from Sierra Ventures on 27 May 2022.
Overall, CNEX Labs' focus on cutting-edge solutions and the recent sizable investment showcase the company's potential for growth and industry impact. This positioning makes it an intriguing prospect for venture capital firms and investors interested in the future of storage technology and infrastructure.Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series E | $26.67M | 2 | 07 Feb 2020 | |
Series D | $802.12K | 2 | 04 Apr 2019 | |
Series D | Unknown | 10 | WRV Capital, Seagate Venture Fund | 07 Jun 2018 |
Series C | $1.82M | 5 | Micron Technology, Dell EMC | 30 May 2017 |
Series C | $13.18M | 6 | Micron Technology, Dell EMC | 15 Mar 2017 |
No recent news or press coverage available for CNEX Labs.