Fusion-io
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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]
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.[11] Awarded Demo God in 2007 for ioDrive and ioMemory.[12] [13] Awarded Demo God in 2008 for ioSAN.[14]
Headquartered in Cottonwood Heights, Utah, Fusion-io also has an office in San Jose, California.
References
- ^ http://online.wsj.com/article/SB10001424052748703915204575104222702359984.html
- ^ http://www.nytimes.com/2009/02/05/technology/business-computing/05wozniak.html?_r=3&scp=1&sq=fusion-io&st=cse
- ^ http://www.businessweek.com/innovate/content/mar2009/id20090330_618318_page_2.htm
- ^ http://blogs.wsj.com/digits/2009/04/07/a-software-combatant-returns-as-a-hardware-ceo/?KEYWORDS=david+bradford
- ^ http://www.engadget.com/2009/04/07/fusion-io-nabs-more-funding-teases-new-pcie-based-iosan/
- ^ http://www.engadget.com/2009/10/21/samsung-invests-in-fusion-io-takes-relationship-to-a-new-level/
- ^ http://www.businessweek.com/innovate/content/mar2009/id20090330_618318.htm
- ^ https://www.ibm.com/developerworks/mydeveloperworks/blogs/storagevirtualization/entry/1m_iops_from_flash_actions?lang=en
- ^ http://www.eweek.com/c/a/Data-Storage/Fusionio-HP-Team-Up-for-1M-IOPs-8GBs-Throughput-Ben-362772/
- ^ http://blogs.wsj.com/digits/2010/04/18/storage-startup-fusion-io-continues-rapid-pace/?KEYWORDS=fusion-io
- ^ http://www.businessweek.com/innovate/content/mar2009/id20090330_618318.htm
- ^ http://www.demo.com/demonstrators/demogods.html
- ^ http://www.demo.com/demonstrators/demo2007fall/112995.html
- ^ http://www.demo.com/demonstrators/demo2008fall/147347.html