C
CNEX LABS
Other B2B Software · San Jose, United States · Founded 2013
Semiconductor and software solutions for data centers MoreLess
CNEX Labs is a Silicon Valley-based startup founded in 2013 by seasoned professionals from the semiconductor industry. The company specializes in developing advanced semiconductor storage solutions, particularly focusing on Solid State Drive (SSD) controllers. These controllers are crucial components that manage data storage and retrieval in SSDs, ensuring high performance and efficiency.
CNEX Labs operates primarily in the data storage and networking markets. Their main clients include data centers, storage solution providers, and networking companies. These clients rely on CNEX's innovative SSD controllers to enhance their storage solutions, offering benefits such as low power consumption and high performance. The company's products are designed to support various form factors, including M.2, U.2, U.3, HHHL, and EDSFF, making them versatile for different applications.
The business model of CNEX Labs revolves around the development and sale of semiconductor and software solutions. They collaborate closely with NAND Flash manufacturers and other industry leaders to create cutting-edge products. Their flagship product is the NVMe PCIe SSD controller ASIC, which supports LightNVM Open Channel, providing flexibility and high performance for emerging storage technologies.
CNEX Labs generates revenue by selling these advanced SSD controllers to their clients. They also benefit from strategic investments and partnerships with Fortune 500 companies in the storage and networking sectors. These collaborations not only provide financial backing but also help in the development and adoption of their innovative solutions.
In summary, CNEX Labs is at the forefront of semiconductor storage innovation, providing high-performance SSD controllers to data centers and networking companies. Their products are designed to meet the evolving needs of the storage industry, ensuring low latency and maximum throughput.
Keywords: Semiconductor, SSD Controllers, Data Storage, Networking, NVMe, LightNVM, High Performance, Low Power, Silicon Valley, Innovation.
Company overview
CNEX LABS company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2013
- Headquarters
- San Jose, United States
- Employees
- 52
- Open positions
- None listed
- Dealroom signal
- 67.9
Valuation & funding
CNEX LABS funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES GOther financing | May 2022 | $15M | $134M | Sierra Ventures | — |
| SERIES EOther financing | Mar 2020 | $5M | $134M | M12 · Celesta Capital | — |
| SERIES EOther financing | Feb 2020 | $27M | $107M | M12 · Celesta Capital | — |
| LATE VCOther financing | Apr 2019 | — | $115M | M12 · Celesta Capital | — |
| SERIES DOther financing | Oct 2018 | $23M | $92M | Sierra Ventures · Brightstone Venture Capital · Walden Venture Capital · M12 | ↗ |
| SERIES DOther financing | Jun 2018 | Walden International · Sierra Ventures · M12 · LDV Partners | — | ||
| SERIES COther financing | May 2017 | Undisclosed | — | ||
| SERIES COther financing | Feb 2017 | Sierra Ventures · M12 · UMC Capital · Micron Technology | — | ||
| EARLY VCOther financing | Feb 2016 | Blibros AB | — | ||
| SERIES BOther financing | Apr 2015 | Walden International · Sierra Ventures · Dell Technologies Capital · LDV Partners | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $9.1M | 0% | 52 |
| 2025 | $9.1M | 0% | 53 |
| 2024 | $9.1M | 0% | 48 |
| 2023 | $9.1M | -40% | 78 |
| 2022 | $15M | 0% | 74 |
| 2021 | $15M | 0% | 74 |
| 2020 | $15M | — | 76 |
Growth signals
CNEX LABS website traffic
Latest recorded traffic for CNEX LABS is 0 monthly website visits. CNEX LABS's team declined 1.9% over the past year.
Comparisons
CNEX LABS compared with similar companies
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Talent graph
CNEX LABS's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where CNEX LABS has talent and traffic
team presence
In the news
Latest news about CNEX LABS
Recent press, funding announcements, and product moves mentioning CNEX LABS — open to read from the original sources.
Market sentiment
What the market is saying about CNEX LABS
An AI-synthesized read of the highest-engagement posts about CNEX LABS on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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