Fusion-io
Fusion-io is a company with headquarters in Cottonwood Heights, in the US state of Utah and a subsidiary in " Silicon Valley ", San Jose, California (USA). The company develops and builds memory for application acceleration based on NAND flash .
The company was founded in 2006 and has been offering products since 2007. Apple co-founder Steve Wozniak has been employed by the company as Chief Scientist since 2009 .
On June 16, 2014, the acquisition by SanDisk for $ 1.1 billion was announced.
financing
In March 2008, the company received a total of US $ 19 million in an initial funding round from a group of investors led by New Enterprise Associates. Among other things, heard Michael Dell to the financiers. In a second round of financing in April 2009, the company received an additional $ 47.5 million from the investor group Lightspeed Venture Partners. Samsung has also been involved in Fusion-io since October 2009. Both companies have a close partnership. In the third round of financing, Meritech Capital Partners, Accel Partners and Andreessen Horowitz also contributed 45 million US dollars. Since June 2011 the company was listed as a stock corporation on the NASDAQ .
technology
The addressing of the NAND flash developed by the company is unusual . The cells are addressed directly by means of FPGA and a new protocol layer in the operating system. Nonetheless, the non-volatile memory is available in different forms depending on the software used. Usually as a LUN on a local hard drive or a shared storage block device.
Partnerships
Technology partners such as IBM , HP , Dell and Super Micro Computer also helped the young company in the start-up phase. With the Quicksilver project, which is based on Fusion-io hardware, IBM demonstrated the highest I / O performance of its time: one million IOPS . HP designed the IO Accelerator product together with Fusion-io in March 2009, which in April 2009 also demonstrated 1,000,000 IOPS in a single ProLiant server. In the fall of 2012, NetApp and Cisco announced they would work with the company.
Employee
The company has approximately 450 employees (as of July 2011) in Europe, Asia, Australia and the United States. CEO is co-founder David Flynn.