Nexenta Systems Raises more than $21M in Series C Financing

Nexenta Systems, a Mountain View, California-based provider of OpenStorage solutions, has raised more than $21m in Series C financing.

The round was led by new investor Menlo Ventures, with participation from Sierra Ventures and Razor’s Edge Ventures. They join Javelin Venture Partners and TransLink Capital.

The company intends to use the funding to continue to expand globally.

In conjunction with nthe funding, Tim Guleri from Sierra Ventures, will join the company’s board.

Led by CEO Evan Powell, Nexenta provides NexentaStor, its storage solution for cloud deployments, virtualised data centers, and virtual desktop infrastructure (VDI) environments. Built upon ZFS technology, the software provides open, unified storage management, addressing a critical need for enterprises and cloud service providers struggling to balance data volume with legacy business model lock-in technologies.
Customers include the U.S. Army, NOAA, and Korea Telecom. Partners are VMware, Citrix, Cisco, Intel, Dell, and Arista.

The company also has operations in Russia, and India. It is currently hiring (



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