NexGen Storage

NexGen Storage

NexGen value-driven hybrid flash arrays let customers prioritize data and application performance based on business value. Learn more

Launch date
Market cap
-
Enterprise valuation
CAD55—82m (Dealroom.co estimates Nov 2011.)
Louisville Kentucky (HQ)
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DateInvestorsAmountRound

$2.0m

Series A

$10.0m

Series B

N/A

Acquisition
Total FundingCAD16.4m

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NexGen Storage specializes in providing advanced infrastructure solutions tailored for mission-critical video surveillance and physical security needs. Operating primarily in the security and surveillance market, NexGen Storage serves a diverse range of clients, including educational institutions, transit systems, and professional organizations. The company leverages hyperconverged infrastructure (HCI) technology to deliver cost-effective, high-performance virtual desktops and secure video monitoring systems. By integrating computing, storage, and networking into a single system, NexGen Storage simplifies management and enhances resilience, ensuring top-notch situational awareness and security for its clients. The business model revolves around selling these integrated solutions directly to organizations that require robust and scalable security infrastructure. Revenue is generated through the sale of hardware, software licenses, and ongoing support services.

Keywords: hyperconverged infrastructure, video surveillance, physical security, mission-critical, virtual desktops, situational awareness, resilience, simplicity, cost-effective, high-performance.