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XtremIO
Redefine Application Services, Consolidation and Agility
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.
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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | — |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Battery Ventures
Jerusalem Venture Partners
Lightspeed Venture Partners
Giza Venture Capital
Other known investors1 additional known investor
EMC
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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