$54 Million in Funding for Vexata

After almost four years in semi-stealth mode, Vexata Corp. launched with $54 million in funding from Mayfield Fund LLC, Intel Capital, Lightspeed Ventures Partners and Redline Capital.

The company also unveiled Active Data Fabric, a software-defined all-solid-state storage infrastructure enabling transformative performance at scale for tier 1 applications in enterprise or cloud datacenters.
 
Active Data Fabric enables data-intensive business applications to realize 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. Core innovation is its patent-pending storage OS, VX-OS, which 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 and 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 and co-founder, 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, MD, 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% of IT and business professionals said that slow access to data has inhibited business opportunities. More than 50% 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, enhance operational performance and simplify networking goals.
 
Active Data Fabric is built around the VX-OS,
which can be consumed in 3 approaches:
• 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.
• VX-Stack Appliances: Pre-configured, application-centric appliances for Oracle, SQL Server, SAS and file solutions with partners including Lenovo, IBM Spectrum Scale, and SuperMicro. The appliances are shipping now.
• Announcing the 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 scalable tier 1 cloud infrastructure designed to meet the demands of data-intensive, business critical applications running in public and private cloud datacenters.
 
Improves Performance by Up to 10x
Vexata’s 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. Solid-state storage solutions, all based on VX-OS software, offer:
• Low latency capabilities (random R/W): 40µs – Optane, 220µs – flash SSD
• Improved I/O performance (7 million random R/W IO/s)
• 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 IO/s and massive bandwidth delivers faster, more accurate outcomes from these hybrid transaction and analytics processing workloads.”

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by Jean Jacques Maleval | 2017.04.14 | News