
NVELO
Torage software company providing solutions for solid state drives based on the capacity of hard disk drives.
Date | Investors | Amount | Round |
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N/A | €0.0 | round | |
investor investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
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NVELO, Inc. was a storage software company that operated out of Santa Clara, California. The company was established in 2010 as a spin-off during the acquisition of Denali Software by Cadence Design Systems. The founding team consisted of experienced engineers and managers from Denali, who had commenced research and development on what would become NVELO's flagship product back in 2007.
NVELO's core business was the development and marketing of its Dataplex software, a solution designed to address the input/output bottleneck in computing systems. Dataplex functioned as a host-based caching software, intelligently managing a Solid-State Drive (SSD) in conjunction with a traditional Hard Disk Drive (HDD). The software employed adaptive, behavior-based algorithms to analyze data access patterns, keeping the most frequently used 'hot' data on the high-performance SSD, while storing less accessed 'cold' data on the larger capacity HDD. This hybrid approach offered users the performance benefits of an SSD, such as faster boot times and application loading, combined with the cost-effective storage capacity of an HDD. The software was designed to be drive-agnostic and operated at the software level without requiring specialized hardware like a RAID card.
The company's business model focused on licensing Dataplex to PC Original Equipment Manufacturers (OEMs) and SSD vendors, who would bundle the software with their hardware products. This strategy targeted the mainstream consumer and business PC markets, offering a cost-effective performance upgrade. For instance, hardware partners like OCZ and Corsair integrated Dataplex into their SSD products to create compelling caching solutions for desktops and notebooks. NVELO raised a total of $14.2M in funding over 4 rounds from investors including SKS Capital and Cadence. A significant milestone for NVELO was its acquisition by Samsung Electronics on December 14, 2012. The acquisition included all of NVELO's technology and personnel, with the aim of integrating NVELO's caching software expertise into Samsung's next-generation SSD solutions.
Keywords: NVELO, Dataplex, SSD caching software, storage software, hard drive optimization, solid-state drive, hybrid storage, data caching, storage performance, I/O bottleneck, PC OEMs, computer storage, Samsung acquisition, Denali Software spin-off, storage virtualization, intelligent caching, adaptive algorithms, system performance, cache software, SSD acceleration