Fusion-IO
 |
|
| Subsidiary | |
| Industry | Solid-state drive |
| Founded | 2005 |
| Headquarters | San Jose, California, Cottonwood Heights, Utah, U.S. |
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Key people
|
Shane Robison,President and CEO Steve Wozniak, Chief Scientist |
| Products |
Hardware
Software
|
| Parent |
SanDisk Corporation (Western Digital) |
| Website | www |
Fusion-io, Inc. was a computer hardware and software systems company (acquired by SanDisk Corporation in 2014) based in Cottonwood Heights, Utah, that designed and manufactured products using flash memory technology. The Fusion ioMemory was marketed for applications such as databases, virtualization, cloud computing, big data. Their ioDrive product was considered around 2011 to be one of the fastest storage devices on the market.
The company was founded in December 2005 as Canvas Technologies in Nevada. Co-founders were David Flynn and Rick White. The company was based in Cottonwood Heights, Utah, near Salt Lake City. In June 2006 the company name was changed to Fusion Multisystems, Incorporated. A product with the brand name ioDrive was demonstrated and announced in September 2007.
In March 2008, Fusion-io raised $19 million in a series A round of funding from a group of investors led by New Enterprise Associates. David Flynn was chief technology officer, while Don Basile was chief executive officer at the time.Michael Dell invested in Fusion-io during this round. It was chosen as an "innovation up-and-comer" in an online Business Week poll by early 2009.
In 2009 and 2010, David Bradford, served as CEO. In February 2009 Fusion-io hired Apple Inc. co-founder Steve Wozniak as chief scientist. It was chosen by Red Herring magazine as a "top 100" company in February 2009.
Fusion-io announced $47.5 million in a series B round of investment led by Lightspeed Venture Partners in April 2009. Hardware partner Samsung later invested in Fusion-io in October 2009.
A third round of funding led by Meritech Capital Partners, with additional capital from Accel Partners and Andreessen Horowitz, provided a total of $45 million in April 2010. It was named the second most promising information technology company by The Wall Street Journal in March 2010. In May 2010, the Linux block-io principal developer, Jens Axboe, joined Fusion-io after leaving Oracle.
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Wikipedia