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CNEX LABS

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Semiconductor and software solutions for data centers

San Jose, United StatesFounded 2013Other B2B Software
Valuation $100–250M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for CNEX LABS and the history behind them.

About CNEX LABS

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.

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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.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
San Jose, United States
Employees
52
Open positions
None listed
Dealroom signal
67.9/100
Sector
Other B2B Software, Human Resources, Testing, Verification, Analytics, Chips, Capital Market, Semiconductor Designers and Manufacturers, Chips and Processors, Memory and Storage
Technology
Hardware, Deep Tech
Business model
Manufacturing, SaaS
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES GOther financing May 2022 $15M $134M Sierra Ventures —
SERIES EOther financing Mar 2020 $5M $134M M12 · Celesta Capital —
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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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.

Latest monthly visits0 1-year team growth-1.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A4 investors entered at this stage

Series B and later8 investors entered at this stage

  • M12
  • UMC Capital
  • Micron Technology
  • EMC
  • Cisco Investments
  • Brightstone Venture Capital
  • Walden Venture Capital
  • Celesta Capital
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇳 China76.7%
🇺🇸 United States23.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about CNEX LABS on X, ranked by likes and reposts, corporate channels excluded.

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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