FilesX

About FilesX

FilesX was a privately held storage software company founded in 2000. The firm operated in the database software and network management software sectors, carving out a niche in continuous data protection and near-instant application recovery solutions for enterprises and their remote or branch offices.

The company's core product was a software suite designed to safeguard enterprise data. A key offering, Xpress Restore, provided a disk-based data recovery solution. This was complemented by specialized solutions for protecting remote offices and information archives. Using patented technology, FilesX enabled IT departments to restore data from virtually any point in time and from a wide array of failure types. This capability addressed critical business continuity needs for a client base that spanned government, education, healthcare, financial services, and manufacturing sectors, with a notable customer presence in the United States and Israel.

FilesX secured $11.2 million in funding from venture capital firms, including Index Ventures, Benchmark Capital Holdings, and Genesis Partners. The company's journey as an independent entity concluded in April 2008 when it was acquired by IBM for an estimated $80 million, marking a significant milestone.