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NextIO Strikes Partnership with Avnet Technology Solutions

July 28, 2009 by Robin Wauters Leave a Comment

NextIO today announced that it has entered into an agreement with Avnet Technology Solutions, the operating group of Avnet. Under the terms of the agreement, Avnet will act as NextIO’s primary integration partner and exclusive distributor of NextIO’s I/O virtualization solutions to its IBM reseller partners in the United States and Canada.

The NextIO Express Connect product provides an all-encompassing I/O solution for today’s dynamic data center. NextIO provides customers with the largest breadth of server I/O choice for any-to-any connectivity without the need to change existing infrastructure and lays the foundation for I/O virtualization in any server environment. Express Connect enables servers to access many more I/O devices than are available by default. Server I/O devices are contained in the NextIO Express Connect appliance and are accessed by multiple servers as a flexible and dynamic pool of I/O resources.

NextIO provides customers with cost savings, flexibility and manageability, while protecting their existing infrastructure investments. As the industry leader in next-generation I/O virtualization solutions, NextIO provides enterprise-class servers with faster installations, network transparent I/O upgrades, minimal service disruptions, and less operational management overhead.

Filed Under: Partnerships Tagged With: Avnet, Avnet Technology Solutions, I/O Virtualization, next io, NextIO, nextio avnet, NextIO Express Connect, partnership, virtualisation, virtualization

NextIO Raises $15 Million In Fourth Round Of Financing

June 8, 2009 by Robin Wauters Leave a Comment

NextIO today announced that the company has received a $15 million round of Series D funding. NextIO is the industry leader in providing intelligent, rack-optimized I/O virtualization (IOV) solutions based on high-performance PCI Express (PCIe) switching technology.

NextIO received support not only from existing VCs and strategic investors, but participation from new strategic investment sources as well. The new funding will be used to expand NextIO’s sales, marketing and support and will allow the company to accelerate the delivery of its second-generation of Express Connect products.

Through I/O virtualization, NextIO products deliver an unprecedented combination of low cost, lower power consumption, greater ease of use, and greatly reduced maintenance requirements. For example, server rollouts that previously required days or weeks can be accomplished in less than 30 minutes, and routine server maintenance time is reduced from hours to minutes.

NextIO’s second-generation products build on the success of the company’s existing Express Connect products, which are at revenue and are currently being deployed in the U.S. and Europe. NextIO solutions are currently in use in a number of different markets for applications such as simulation, adding graphic processors to commodity computing environments, expanding I/O, speeding up existing I/O, and delivering new data center technologies.

Filed Under: Featured, Funding Tagged With: financing, Funding, I/O, I/O Virtualization, next io, NextIO, series D, virtualisation, virtualization

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