The 10 Coolest Storage Startups Of 2013 (So Far)

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NexGen Storage

CEO: John Spiers

Fusion-io, developer of high-speed flash memory-based storage acceleration technologies, liked partner NexGen Storage so much it purchased the company.

NexGen until April was an independent developer of x86-based hybrid storage appliances for small to medium enterprises based on Fusion-io's Fusion ioMemory for about $119 million.

With the acquisition, Fusion-io expects to accelerate its SME market with a solution that allows customers to provision both performance and capacity according to their needs. The solution includes Fusion-io's ioControl software, which lets customers independently provision performance and capacity with a software-defined architecture; delivers dynamic real-time flash write caching, read caching and tiering with managed performance targets; provides enterprise-class reliability and performance; and transparently moves data between high-performance and low-cost storage media.

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