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XtremIO

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Redefine Application Services, Consolidation and Agility

Cupertino, United StatesFounded 2009Other B2B Software
Valuation $250–500M Last recorded · 2012
Headcount 500–1k Current team size
Total funding $10–50M Disclosed equity funding
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About XtremIO

From a financial analyst's perspective, XtremIO represents a pivotal case study in the enterprise storage market, showcasing a successful identification of a technological shift and a lucrative exit. Founded in 2009 by a team of Israeli high-tech veterans—including Aryeh Mergi, Shuki Bruck, Yaron Segev, and Ehud Rokach—the company was established to leverage the burgeoning capabilities of solid-state memory for enterprise storage systems. The founders' extensive backgrounds in companies like M-Systems and Orckit provided a deep understanding of the storage landscape, positioning them to pioneer a new architecture.

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XtremIO's business was centered on the development and sale of all-flash storage arrays, designed from the ground up to address the performance bottlenecks of traditional disk-based systems. The company targeted enterprise clients with high-performance needs, such as those running large virtual desktop infrastructures (VDI), virtual server environments, and critical database and analytics workloads. Its business model was direct sales of hardware appliances, specifically modular units called "X-Bricks," which allowed clients to scale both performance and capacity linearly. Revenue was generated through the sale of these physical storage systems, which became known for delivering high input/output operations per second (IOPS) with consistently low, sub-millisecond latency.

The core product was a scale-out, all-flash storage array architected to maximize the benefits of flash media. Key features included always-on inline data deduplication and compression, thin provisioning, and a proprietary data protection algorithm called XtremIO Data Protection (XDP), which offered superior resilience and efficiency compared to traditional RAID systems. A significant differentiator was its content-addressable storage and in-memory metadata architecture, enabling highly efficient, writable snapshots and integrated copy data management (iCDM) with no performance degradation. This allowed clients to consolidate production and non-production workloads onto a single platform, reducing storage sprawl and total cost of ownership.

The company's trajectory culminated in a strategic acquisition by EMC in May 2012 for approximately $430 million, a notable event as the technology was still in development. This acquisition was considered a bold move by EMC, placing it ahead of competitors in the all-flash array market. Following the acquisition, the product was officially launched in late 2013 and experienced rapid market adoption, reaching $1 billion in bookings within 588 days, making it one of the fastest-growing products in storage history. The technology was later integrated into the Dell EMC portfolio.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2009
Headquarters
Cupertino, United States
Employees
533
Open positions
None listed
Dealroom signal
82.5/100
Industry
Enterprise Software
Sector
Other B2B Software, Testing, Verification, Risk Management, Content Management, Appliances, Hard Tech, DT and LS
Technology
Hardware, Big Data, Deep Tech
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit May 2012 $430M $430M EMC —
SERIES B✓Equity / VC Dec 2011 $5M $20M Battery Ventures · Giza Venture Capital · Jerusalem Venture Partners · Lightspeed Venture Partners —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

XtremIO website traffic

Latest recorded traffic for XtremIO is 460 monthly website visits, up 283.3% over the last three months. XtremIO's team grew 188.1% over the past year.

Latest monthly visits460 3-month web change+283.3% 1-year team growth+188.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

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 A4 investors entered at this stage

Other known investors1 additional known investor

  • EMC
Team profiled 16 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
7 countries with
team presence
🇺🇸 United States16.4%
🇮🇱 Israel12.3%
🇮🇳 India9.6%
🇨🇳 China4.1%
🇮🇪 Ireland1.4%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about XtremIO 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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