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Ecrix

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Data-storage tape products

Boulder, United StatesFounded 1996Storage
Valuation $100–250M Last recorded · 2000
Total funding $10–50M Disclosed equity funding
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About Ecrix

Ecrix Corporation, founded in 1996, operated from Boulder, Colorado, as a specialized developer of data-storage tape products. The company was established by Juan Rodriguez and Kelly Beavers, seasoned veterans of the data storage industry who had previously co-founded both StorageTek in 1969 and Exabyte in 1985. Their extensive background in storage technology was instrumental in shaping Ecrix's strategic direction and product development.

The company's core business involved creating and marketing tape storage solutions for a range of computing systems and network configurations. Ecrix targeted the midrange storage market, aiming to provide a value-oriented alternative to existing products. Its primary offering was the VXA tape storage solution, which distinguished itself through a proprietary packet-based data transfer technology. Unlike traditional tape drives that read and write data in a continuous stream, Ecrix's VXA-1 drive processed data in discrete packets. This method offered greater reliability by more effectively matching the tape's speed with the often inconsistent flow of information from a computer. The initial VXA-1 product could store 66GB of compressed data.

Ecrix pursued a strategy of aligning with emerging market trends, including the growth of storage area networks (SANs) and the Linux operating system. The company secured significant funding to support its growth, raising $30 million in its third round of financing by late 1999. In a strategic move to broaden its market reach and product portfolio, Ecrix merged with Exabyte Corporation. The deal was finalized in November 2001, with the combined entity continuing under the Exabyte name. This merger brought Rodriguez and Beavers back to Exabyte, where they assumed roles as Chief Technologist and VP of Marketing, respectively, integrating VXA technology with Exabyte's existing high-performance tape drive lines.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1996
Headquarters
Boulder, United States
Open positions
None listed
Dealroom signal
14.3/100
Sector
Storage
Client focus
b2b
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Aug 2001 $0 — Undisclosed —
LATE VC✓Equity / VC Aug 2000 $20M $80M August Capital · Meritage Funds · Chase · Centennial Ventures —
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Growth signals

Ecrix website traffic

Latest recorded traffic for Ecrix is 70 monthly website visits.

Latest monthly visits70
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

5 investors on the cap table

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

Series B and later5 investors entered at this stage

  • August Capital
  • Meritage Funds
  • Chase
  • Centennial Ventures
  • Valley Ventures
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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Boulder HQ
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Market sentiment

Posts on X, past 7 days

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

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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