Vexata Launches with $54M in Venture Funding

SAN JOSE, Calif., Sept 20, 2017 — After almost four years in semi-stealth mode, Vexata launched today with $54 million in funding from Mayfield, Intel Capital, Lightspeed Ventures and Redline Capital. The company also unveiled Active Data Fabric, a revolutionary software-defined all-solid-state data storage infrastructure enabling transformative performance at scale for Tier 1 applications in enterprise or cloud datacenters.

Vexata Active Data Fabric enables modern data-intensive business applications to realize exponentially higher performance and scale compared to today’s leading all-flash storage solutions. By eliminating I/O bottlenecks, Vexata enables top database and analytics platforms such as Oracle, SAS, SQL Server and emerging NoSQL and cognitive computing platforms to achieve peak performance operating across large active data sets, without application re-writes or infrastructure re-architecture. Vexata’s core innovation is its patent-pending storage operating system, VX-OS, which fully utilizes the latest solid-state media, such as NVMe Flash and 3D XPoint SSDs, without compromising resiliency and data management services.

“When Surya Varanasi (CTO/Co-founder), and I got together to form Vexata, our goal was to develop a data infrastructure solution that would simply and cost-effectively meet the I/O performance at-scale demands of applications fueling digital businesses,” said Zahid Hussain, CEO/Co-founder for Vexata. “With our Active Data Fabric solutions based on the groundbreaking VX-OS, our customers are seeing immediate and dramatic business benefits.”

“As a people-first firm, we were excited by the product vision and domain expertise of the founding team of Vexata,” said Navin Chaddha, Managing Director, Mayfield. “The company is focused on fundamentally simplifying and accelerating data infrastructure for the applications that drive modern business. Their innovative approach with Active Data Fabric is solving important problems for their customers. We look forward to partnering with the Vexata team.”

According to a recent IDC survey, 76 percent of IT and business professionals said that slow access to data has inhibited business opportunities. More than 50 percent of the data they extract, transform and load (ETL) was five to seven days old. Vexata’s technologies address this issue by combining networking and analytical principles to meet the demands new applications place on enterprises, and deliver a solution that transforms data infrastructure to improve decisions today, enhance operational performance and simplify networking goals.

Vexata Active Data Fabric is built around the groundbreaking VX-OS, which can be consumed in 3 approaches:

1. Vexata VX-100 Scalable Systems: Dense, power-efficient, modular and turnkey storage system utilizing the latest Flash SSDs and the new Intel Optane SSDs based on 3D XPoint storage-class memories. This product is shipping now.
2. Vexata VX-Stack Appliances: Pre-configured, application-centric appliances for Oracle, SQL Server, SAS and File solutions with key partners including Lenovo, IBM Spectrum Scale, and SuperMicro. The appliances are shipping now.
3. Announcing the Vexata VX-Cloud: A 100% software-defined approach to Active Data Fabric, where the VX-OS software can be run on off-the-shelf servers from a variety of vendors to build a fully scalable Tier 1 Cloud Infrastructure designed to meet the demands of data-intensive, business critical applications running in public and private cloud datacenters.

Vexata Improves Performance by Up to 10x

Vexata’s experienced team is specifically suited to solve the I/O bottleneck problem, drawing on industry experts from EMC, VMWare, NetApp and other leading infrastructure companies to build the world’s first active data management solution. Vexata solid-state storage solutions, all based on VX-OS software, offer:

• Extremely low latency capabilities (random R/W): 40µs – Optane, 220µs – Flash SSD
• Improved I/O performance (7M Random R/W IOPS)
• Plug-and-play deployment
• Pay-as-you grow scale out

“Vexata helps enterprises accelerate mission- and business-critical applications by dramatically reducing storage latency. ESG Lab tested the technology using a punishing mix of OLTP and data analytics against the same data set in the same storage system and Vexata supported more than 8 million transactions per minute and 22 gigabytes per second of throughput at sub-100µsec response times,” said Scott Sinclair, Senior Analyst, Enterprise Strategy Group. “Enterprise customers are deploying environments such as Oracle, SAS, SQL and KX which places extreme stress on data infrastructure, so Vexata’s ability to deliver low-latency IOPS and massive bandwidth delivers faster, more accurate outcomes from these hybrid transaction and analytics processing workloads.”

Visit Vexata at Oracle OpenWorld

See Vexata’s technology first hand at Oracle OpenWorld (Booth 2101) at Moscone Center in San Francisco from October 1-4. Vexata will demo its scalable data system, including All Optane Performance, Real-World HTAP Solutions, Oracle OLAP Flash Cache with Optane, and NVMe over Ethernet.

About Vexata

Vexata’s active data infrastructure solutions enable transformative performance and scale for database and analytics platforms and applications. Through its innovative VX-OS, Vexata systems fully utilize the latest solid state media, such as NVMe Flash and now 3D XPoint SSDs, and seamlessly deploy into enterprise and cloud datacenters. For more information visit vexata.com or follow us on Twitter @VexataCorp

Source: Vexata