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A third round of funding from Meritech Capital Partners, Accel Partners, and Andreessen Horowitz added $45 million to help Fusion-io's expansion.<ref>http://blogs.wsj.com/digits/2010/04/18/storage-startup-fusion-io-continues-rapid-pace/?KEYWORDS=fusion-io</ref>
A third round of funding from Meritech Capital Partners, Accel Partners, and Andreessen Horowitz added $45 million to help Fusion-io's expansion.<ref>http://blogs.wsj.com/digits/2010/04/18/storage-startup-fusion-io-continues-rapid-pace/?KEYWORDS=fusion-io</ref>

== "SSD Revolution" ==
The increasing demand for a next-generation, solid-state storage technology is driven by advancements in computer processors which, following Moore's Law, have grown exponentially in performance. Mechanical disks, on the other hand, follow Newtonian Dynamics and experience lackluster performance improvements, introducing a performance gap.
Ushering in a new era of application-centric, solid-state storage solutions for the enterprise, Fusion-io is revolutionizing the way database, application and system administrators architect their data centers. The company is closing the gap between processing power and storage needs by delivering breakthrough performance at a fraction of the cost of traditional disk-based storage systems. Now, the performance of an entire disk array can be placed inside a server.
Fusion-io's executive team has a long history of building companies that deliver game-changing and innovative technologies to the marketplace. Fusion-io was founded in 2006 by a team of experts with successful track records in the fields of transaction processing, high-performance networking, storage and superclusters, and computing and image processing.
Coming out of stealth mode in late 2007, Fusion-io was backed with an initial round of funding led by New Enterprise Associates (NEA), Dell Ventures, and Sumitomo Ventures. In 2009, Lightspeed Venture Partners joined these forward-thinking organizations to lead Fusion-io's second round of financing.
<ref>http://www.fusionio.com/company/about/</ref>



==MANAGEMENT TEAM ==
==MANAGEMENT TEAM ==

Revision as of 18:03, 13 July 2010

Fusion-io is a company based in Cottonwood Heights, Utah, that designs and manufactures solid state storage application accelerators based on NAND Flash memory technology. It was named the number two promising young company by The Wall Street Journal in March 2010. [1]

Founded in 2006 and producing products by 2007, it attracted attention in February 2009 by hiring Apple Inc co founder Steve Wozniak as its chief scientist.[2]

In March, 2008, Fusion-io raised $19 million in a Series A round of funding from a group of investors led by New Enterprise Associates. Michael Dell invested in Fusion-io during this round. [3]

David Bradford joined the company as a consultant in 2008. Bradford met Wozniak at a conference and sent an email the same night asking Wozniak if he would join the Fusion-io advisory board. Wozniak said yes. Bradford officially joined the company as senior vice president and general counsel in November 2008 and was named chief executive officer in April 2009. In May 2010, he became chairman of the board. [4]

Fusion-io raised $47.5 million in a Series B round of funding from a group of investors led by Lightspeed Venture Partners in April 2009. [5] Samsung invested in Fusion-io in October 2009, signaling a deeper partnership between the two companies. [6]

Partnerships with IBM and Hewlett-Packard helped the start-up to grow. [7] IBM’s project Quicksilver, based on Fusion-io technology, showed that solid-state technology could deliver the fastest performance of its time: 1 million IOPS. IBM chose the ioDrive as the only solid-state storage solution to be approved for use in IBM servers. [8]

HP worked with Fusion-io to create the IO Accelerator in March 2009. In April, the companies demonstrated 1,000,000 IOPS with a single Proliant server. [9]

A third round of funding from Meritech Capital Partners, Accel Partners, and Andreessen Horowitz added $45 million to help Fusion-io's expansion.[10]

MANAGEMENT TEAM

David Flynn - Chief Executive Officer As chief executive officer of Fusion-io, and one of the company's founders, David Flynn is the visionary behind Fusion-io's innovative technology.

Steve Wozniak - Chief Scientist As Fusion-io's chief scientist, Steve Wozniak acts as a key technical advisor to the Fusion-io research and development group.

Lance L. Smith - Chief Operating Officer In his role as chief operating officer, Lance Smith is responsible for the execution of product development, from engineering and product management through manufacturing and customer support.

Dennis Wolf - Chief Financial Officer In his role as senior vice president and chief financial officer, Dennis Wolf is responsible for overseeing all things financial, including financial systems, controls and practices, as well as the legal department and human resources at Fusion-io.

Neil Carson - Chief Technology Officer As chief technology officer of Fusion-io, Neil Carson is responsible for driving the company's short and long-term technological direction.

Rick White - Chief Marketing Officer As Fusion-io's chief marketing officer and one of the company's founders, Mr. White is responsible for planning and implementing the company's marketing strategies and is part of the energy driving the company.

Jim Dawson - Senior Vice President of Worldwide Sales As Senior Vice President of Worldwide Sales, network storage industry veteran Jim Dawson is aggressively driving the company's worldwide sales expansion in application-centric enterprise storage.

Shawn J. Lindquist - Chief Legal Officer, Senior Vice President and Secretary As Fusion-io's chief legal officer, technology legal veteran Shawn Lindquist is responsible for all legal aspects of the company’s operations. [11]

DAVID FLYNN

Chief Executive Officer

As chief executive officer of Fusion-io, and one of the company's founders, David Flynn sets the company's strategic direction, oversees all of its operations, and is the visionary behind Fusion-io's innovative technology and market strategy. Mr. Flynn has a history of successfully architecting complex computer-related solutions, including some of the world's largest and fastest supercomputers and the world's smallest personal Linux servers; embedded Web 2.0 interactive TV; image processing; relational databases; file systems; and thin-client computing products. Prior to joining Fusion-io, Mr. Flynn served as Project BlackDog's chief scientist and vice president, engineering. He has also held positions at Linux Networx and Network Computer Incorporated (NCI), a spin-off of Oracle Corporation. Mr. Flynn holds a B.S. in Computer Science and serves on the Technology Advisory Boards for the College of Information Technology at Brigham Young University and Techniscan Medical Systems. Mr. Flynn embraced technology at an early age. While attending Brigham Young University, Flynn created 3D-GIS (graphics information systems) for noise control at Boston Logan International and Salt Lake International airports as technical lead at Larson Davis Laboratories. At 16, he designed and authored 3D flight simulation and image processing software for the Department of Defense, while working for Computer Sciences Corporation (CSC). Prior to that, he created and marketed flight-planning software for general aviation pilots. [12]

Nods

Chosen as Red Herring Top 100 Global Company in February 2009. Chosen “No. 1 innovation up-and-comer in the world” by BusinessWeek reader poll.[13] Awarded Demo God in 2007 for ioDrive and ioMemory.[14] [15] Awarded Demo God in 2008 for ioSAN.[16]


Headquartered in Cottonwood Heights, Utah, Fusion-io also has an office in San Jose, California.

References

External links

  • [1] Fusion io's Oficial web-site