Sierra Ventures

Founded in 1982, Sierra Ventures is a Bay Area-based early-stage venture capital firm investing globally with a focus on Next Generation Enterprise and Emerging Technologies. With over $2 billion under management, it has invested in leading companies such as Intuit and Invensense.

Max Chapman

Investor

Grace Chen

Vice President, Finance

Jim Doehrman

Operating Partner

Mark Fernandes

Managing Director

Anne Gherini

Investor

Past deals in Storage Services

CNEX Labs

Series G in 2022
CNEX Labs develops storage semiconductor and software solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM and Open-Channel operation with native NVMoE I/O connectivity. The controllers deliver high performance with low and predictable latency, scalability, and flexibility for software-defined storage, accelerating big data computing and analytics in cloud, hyperscale, and enterprise data centers. The company serves cloud and data center customers and partners with solid-state storage manufacturers to create differentiated storage solutions across form factors such as M.2, U.2, U.3, HHHL, and EDSFF. Founded in 2013 and headquartered in San Jose, California, CNEX maintains additional offices in Copenhagen, Shanghai, Hangzhou, and Tokyo.

CNEX Labs

Series D in 2018
CNEX Labs develops storage semiconductor and software solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM and Open-Channel operation with native NVMoE I/O connectivity. The controllers deliver high performance with low and predictable latency, scalability, and flexibility for software-defined storage, accelerating big data computing and analytics in cloud, hyperscale, and enterprise data centers. The company serves cloud and data center customers and partners with solid-state storage manufacturers to create differentiated storage solutions across form factors such as M.2, U.2, U.3, HHHL, and EDSFF. Founded in 2013 and headquartered in San Jose, California, CNEX maintains additional offices in Copenhagen, Shanghai, Hangzhou, and Tokyo.

CNEX Labs

Series D in 2018
CNEX Labs develops storage semiconductor and software solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM and Open-Channel operation with native NVMoE I/O connectivity. The controllers deliver high performance with low and predictable latency, scalability, and flexibility for software-defined storage, accelerating big data computing and analytics in cloud, hyperscale, and enterprise data centers. The company serves cloud and data center customers and partners with solid-state storage manufacturers to create differentiated storage solutions across form factors such as M.2, U.2, U.3, HHHL, and EDSFF. Founded in 2013 and headquartered in San Jose, California, CNEX maintains additional offices in Copenhagen, Shanghai, Hangzhou, and Tokyo.

Zaloni

Debt Financing in 2018
Zaloni, Inc. is a company that specializes in enterprise data lake management software solutions aimed at helping businesses harness the power of big data. Founded in 2007 and based in Research Triangle Park, North Carolina, Zaloni offers two primary products: Bedrock, a comprehensive data lake management platform that streamlines the creation and administration of data lakes, and Mica, a data preparation solution that empowers business users to extract value from data without needing IT assistance. The company's platforms facilitate end-to-end data operations, enabling clients to address challenges related to data sprawl, enhance data security, and accelerate insights while reducing costs. Zaloni primarily serves Fortune 500 companies across various sectors, including health and life sciences, financial services, and telecommunications.

CNEX Labs

Series C in 2017
CNEX Labs develops storage semiconductor and software solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM and Open-Channel operation with native NVMoE I/O connectivity. The controllers deliver high performance with low and predictable latency, scalability, and flexibility for software-defined storage, accelerating big data computing and analytics in cloud, hyperscale, and enterprise data centers. The company serves cloud and data center customers and partners with solid-state storage manufacturers to create differentiated storage solutions across form factors such as M.2, U.2, U.3, HHHL, and EDSFF. Founded in 2013 and headquartered in San Jose, California, CNEX maintains additional offices in Copenhagen, Shanghai, Hangzhou, and Tokyo.

CNEX Labs

Series C in 2017
CNEX Labs develops storage semiconductor and software solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM and Open-Channel operation with native NVMoE I/O connectivity. The controllers deliver high performance with low and predictable latency, scalability, and flexibility for software-defined storage, accelerating big data computing and analytics in cloud, hyperscale, and enterprise data centers. The company serves cloud and data center customers and partners with solid-state storage manufacturers to create differentiated storage solutions across form factors such as M.2, U.2, U.3, HHHL, and EDSFF. Founded in 2013 and headquartered in San Jose, California, CNEX maintains additional offices in Copenhagen, Shanghai, Hangzhou, and Tokyo.

Nexenta Systems

Series G in 2016
Nexenta Systems, Inc. is a leading provider of software-defined storage solutions, specializing in open-source-driven technology. Founded in 2005 and headquartered in San Jose, California, the company offers a range of products designed to optimize storage infrastructure for enterprise applications. Its flagship platform, NexentaStor, delivers both file and block storage services, while NexentaCloud enhances virtual desktop infrastructure deployments. The NexentaEdge object storage platform allows users to access data without needing to know its physical location. Additionally, NexentaFusion provides analytics and orchestration software for managing complex compute systems and data stores. Nexenta's solutions are designed to support various applications, clouds, and hardware platforms, enabling organizations to avoid vendor lock-in and adopt flexible, scalable storage strategies. The company has established strategic partnerships with numerous technology leaders and serves a diverse global customer base. As of May 2019, Nexenta operates as a subsidiary of DataDirect Networks, Inc.

Treasure Data

Series C in 2016
Treasure Data, Inc. is a company that specializes in developing managed cloud services designed for big data collection, storage, and analysis. Founded in 2011 and headquartered in Mountain View, California, with additional locations in Tokyo, Japan, Treasure Data's platform enables businesses to gather and analyze data from diverse sources, including web, application, mobile, and sensor data. The company's offerings include tools for data pipeline monitoring, anomaly detection, and end-to-end encryption, aimed at enhancing data management and driving insights. Serving clients across various industries such as digital gaming, advertising technology, media, mobile, retail, and telecommunications in Asia, North America, and Europe, Treasure Data empowers organizations to utilize data as a strategic asset, facilitating a deeper understanding of customer behavior and enabling data-driven decision-making. As of 2018, it operates as a subsidiary of ARM Holdings plc.

Zaloni

Series A in 2016
Zaloni, Inc. is a company that specializes in enterprise data lake management software solutions aimed at helping businesses harness the power of big data. Founded in 2007 and based in Research Triangle Park, North Carolina, Zaloni offers two primary products: Bedrock, a comprehensive data lake management platform that streamlines the creation and administration of data lakes, and Mica, a data preparation solution that empowers business users to extract value from data without needing IT assistance. The company's platforms facilitate end-to-end data operations, enabling clients to address challenges related to data sprawl, enhance data security, and accelerate insights while reducing costs. Zaloni primarily serves Fortune 500 companies across various sectors, including health and life sciences, financial services, and telecommunications.

Nexenta Systems

Series F in 2015
Nexenta Systems, Inc. is a leading provider of software-defined storage solutions, specializing in open-source-driven technology. Founded in 2005 and headquartered in San Jose, California, the company offers a range of products designed to optimize storage infrastructure for enterprise applications. Its flagship platform, NexentaStor, delivers both file and block storage services, while NexentaCloud enhances virtual desktop infrastructure deployments. The NexentaEdge object storage platform allows users to access data without needing to know its physical location. Additionally, NexentaFusion provides analytics and orchestration software for managing complex compute systems and data stores. Nexenta's solutions are designed to support various applications, clouds, and hardware platforms, enabling organizations to avoid vendor lock-in and adopt flexible, scalable storage strategies. The company has established strategic partnerships with numerous technology leaders and serves a diverse global customer base. As of May 2019, Nexenta operates as a subsidiary of DataDirect Networks, Inc.

CNEX Labs

Series B in 2015
CNEX Labs develops storage semiconductor and software solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM and Open-Channel operation with native NVMoE I/O connectivity. The controllers deliver high performance with low and predictable latency, scalability, and flexibility for software-defined storage, accelerating big data computing and analytics in cloud, hyperscale, and enterprise data centers. The company serves cloud and data center customers and partners with solid-state storage manufacturers to create differentiated storage solutions across form factors such as M.2, U.2, U.3, HHHL, and EDSFF. Founded in 2013 and headquartered in San Jose, California, CNEX maintains additional offices in Copenhagen, Shanghai, Hangzhou, and Tokyo.

Treasure Data

Series B in 2015
Treasure Data, Inc. is a company that specializes in developing managed cloud services designed for big data collection, storage, and analysis. Founded in 2011 and headquartered in Mountain View, California, with additional locations in Tokyo, Japan, Treasure Data's platform enables businesses to gather and analyze data from diverse sources, including web, application, mobile, and sensor data. The company's offerings include tools for data pipeline monitoring, anomaly detection, and end-to-end encryption, aimed at enhancing data management and driving insights. Serving clients across various industries such as digital gaming, advertising technology, media, mobile, retail, and telecommunications in Asia, North America, and Europe, Treasure Data empowers organizations to utilize data as a strategic asset, facilitating a deeper understanding of customer behavior and enabling data-driven decision-making. As of 2018, it operates as a subsidiary of ARM Holdings plc.

CNEX Labs

Series A in 2014
CNEX Labs develops storage semiconductor and software solutions, specializing in NVMe PCIe SSD controller ASICs that support LightNVM and Open-Channel operation with native NVMoE I/O connectivity. The controllers deliver high performance with low and predictable latency, scalability, and flexibility for software-defined storage, accelerating big data computing and analytics in cloud, hyperscale, and enterprise data centers. The company serves cloud and data center customers and partners with solid-state storage manufacturers to create differentiated storage solutions across form factors such as M.2, U.2, U.3, HHHL, and EDSFF. Founded in 2013 and headquartered in San Jose, California, CNEX maintains additional offices in Copenhagen, Shanghai, Hangzhou, and Tokyo.

Nexenta Systems

Series E in 2013
Nexenta Systems, Inc. is a leading provider of software-defined storage solutions, specializing in open-source-driven technology. Founded in 2005 and headquartered in San Jose, California, the company offers a range of products designed to optimize storage infrastructure for enterprise applications. Its flagship platform, NexentaStor, delivers both file and block storage services, while NexentaCloud enhances virtual desktop infrastructure deployments. The NexentaEdge object storage platform allows users to access data without needing to know its physical location. Additionally, NexentaFusion provides analytics and orchestration software for managing complex compute systems and data stores. Nexenta's solutions are designed to support various applications, clouds, and hardware platforms, enabling organizations to avoid vendor lock-in and adopt flexible, scalable storage strategies. The company has established strategic partnerships with numerous technology leaders and serves a diverse global customer base. As of May 2019, Nexenta operates as a subsidiary of DataDirect Networks, Inc.

Treasure Data

Series A in 2013
Treasure Data, Inc. is a company that specializes in developing managed cloud services designed for big data collection, storage, and analysis. Founded in 2011 and headquartered in Mountain View, California, with additional locations in Tokyo, Japan, Treasure Data's platform enables businesses to gather and analyze data from diverse sources, including web, application, mobile, and sensor data. The company's offerings include tools for data pipeline monitoring, anomaly detection, and end-to-end encryption, aimed at enhancing data management and driving insights. Serving clients across various industries such as digital gaming, advertising technology, media, mobile, retail, and telecommunications in Asia, North America, and Europe, Treasure Data empowers organizations to utilize data as a strategic asset, facilitating a deeper understanding of customer behavior and enabling data-driven decision-making. As of 2018, it operates as a subsidiary of ARM Holdings plc.

Nexenta Systems

Series D in 2013
Nexenta Systems, Inc. is a leading provider of software-defined storage solutions, specializing in open-source-driven technology. Founded in 2005 and headquartered in San Jose, California, the company offers a range of products designed to optimize storage infrastructure for enterprise applications. Its flagship platform, NexentaStor, delivers both file and block storage services, while NexentaCloud enhances virtual desktop infrastructure deployments. The NexentaEdge object storage platform allows users to access data without needing to know its physical location. Additionally, NexentaFusion provides analytics and orchestration software for managing complex compute systems and data stores. Nexenta's solutions are designed to support various applications, clouds, and hardware platforms, enabling organizations to avoid vendor lock-in and adopt flexible, scalable storage strategies. The company has established strategic partnerships with numerous technology leaders and serves a diverse global customer base. As of May 2019, Nexenta operates as a subsidiary of DataDirect Networks, Inc.

Nexenta Systems

Venture Round in 2012
Nexenta Systems, Inc. is a leading provider of software-defined storage solutions, specializing in open-source-driven technology. Founded in 2005 and headquartered in San Jose, California, the company offers a range of products designed to optimize storage infrastructure for enterprise applications. Its flagship platform, NexentaStor, delivers both file and block storage services, while NexentaCloud enhances virtual desktop infrastructure deployments. The NexentaEdge object storage platform allows users to access data without needing to know its physical location. Additionally, NexentaFusion provides analytics and orchestration software for managing complex compute systems and data stores. Nexenta's solutions are designed to support various applications, clouds, and hardware platforms, enabling organizations to avoid vendor lock-in and adopt flexible, scalable storage strategies. The company has established strategic partnerships with numerous technology leaders and serves a diverse global customer base. As of May 2019, Nexenta operates as a subsidiary of DataDirect Networks, Inc.

Nexenta Systems

Venture Round in 2012
Nexenta Systems, Inc. is a leading provider of software-defined storage solutions, specializing in open-source-driven technology. Founded in 2005 and headquartered in San Jose, California, the company offers a range of products designed to optimize storage infrastructure for enterprise applications. Its flagship platform, NexentaStor, delivers both file and block storage services, while NexentaCloud enhances virtual desktop infrastructure deployments. The NexentaEdge object storage platform allows users to access data without needing to know its physical location. Additionally, NexentaFusion provides analytics and orchestration software for managing complex compute systems and data stores. Nexenta's solutions are designed to support various applications, clouds, and hardware platforms, enabling organizations to avoid vendor lock-in and adopt flexible, scalable storage strategies. The company has established strategic partnerships with numerous technology leaders and serves a diverse global customer base. As of May 2019, Nexenta operates as a subsidiary of DataDirect Networks, Inc.

Nexenta Systems

Series C in 2012
Nexenta Systems, Inc. is a leading provider of software-defined storage solutions, specializing in open-source-driven technology. Founded in 2005 and headquartered in San Jose, California, the company offers a range of products designed to optimize storage infrastructure for enterprise applications. Its flagship platform, NexentaStor, delivers both file and block storage services, while NexentaCloud enhances virtual desktop infrastructure deployments. The NexentaEdge object storage platform allows users to access data without needing to know its physical location. Additionally, NexentaFusion provides analytics and orchestration software for managing complex compute systems and data stores. Nexenta's solutions are designed to support various applications, clouds, and hardware platforms, enabling organizations to avoid vendor lock-in and adopt flexible, scalable storage strategies. The company has established strategic partnerships with numerous technology leaders and serves a diverse global customer base. As of May 2019, Nexenta operates as a subsidiary of DataDirect Networks, Inc.

SenSage

Venture Round in 2010
SenSage is a provider of enterprise event data warehouse technology designed to enhance security, compliance, and data management. The company specializes in solutions that process and analyze large volumes of log and event data, enabling organizations to derive actionable insights while minimizing risks associated with security breaches, fraud, and regulatory compliance. With a focus on automating compliance reporting and security decision support, SenSage's software facilitates the collection, retention, and analysis of event data, making it a cost-effective alternative to traditional data warehouses and log management systems. Over 400 customers have adopted SenSage solutions to improve their data management capabilities and reduce operational costs.

Code Green Networks

Series D in 2010
Code Green Networks, Inc. specializes in data loss prevention (DLP) and content security solutions for enterprises, focusing on the protection and management of sensitive digital information. The company's flagship product, TrueDLP, enables organizations to discover, monitor, control, and secure sensitive data across various environments, including networks, endpoint devices, and cloud storage. TrueDLP encompasses several components, such as Network DLP, Endpoint DLP, Discovery DLP, and Cloud DLP, which collectively address security challenges like cloud storage protection, cybersecurity, and regulatory compliance. Additionally, Code Green Networks offers Content Inspection Appliances and CI Agent for content monitoring and data loss protection, along with policy-based email encryption and content discovery services to enhance visibility and control over sensitive information. The company's solutions are utilized across multiple industries, including healthcare, financial services, government, and retail, both in the United States and internationally. Founded in 2004 and headquartered in Sunnyvale, California, Code Green Networks operates as a subsidiary of Digital Guardian, Inc. since 2015.

SenSage

Venture Round in 2008
SenSage is a provider of enterprise event data warehouse technology designed to enhance security, compliance, and data management. The company specializes in solutions that process and analyze large volumes of log and event data, enabling organizations to derive actionable insights while minimizing risks associated with security breaches, fraud, and regulatory compliance. With a focus on automating compliance reporting and security decision support, SenSage's software facilitates the collection, retention, and analysis of event data, making it a cost-effective alternative to traditional data warehouses and log management systems. Over 400 customers have adopted SenSage solutions to improve their data management capabilities and reduce operational costs.

Simplify Media

Series A in 2007
Simplify Media is a developer of streaming media software that enables users to remotely access, play, and share their personal digital media, including music, photos, and videos. Headquartered in Redwood City, California, the company has a global presence with employees in Belgium, the United Kingdom, and the San Francisco Bay Area. Simplify Media facilitates private sharing of personal media among family and friends, enhancing connectivity and access to online content. The company has received funding from Sierra Ventures and private investors, supporting its mission to simplify the digital media experience.

Cirrascale

Series C in 2007
Cirrascale is a technology company that designs, manufactures, and sells blade-based computing and storage infrastructure for cloud, conventional and modular data centers. It offers energy-efficient, high-density platforms enabled by patented vertical cooling technology, including blade chassis, containerized data center solutions, petascale storage appliances, and scalable GPU-accelerated systems for AI, deep learning, and high-performance computing. The company serves large-scale operators, hosting and cloud service providers, and industries such as telecommunications, entertainment, oil and gas, and electronic design, and maintains partnerships with leading technology vendors. It also provides cloud services and specialized deep learning infrastructure through its cloud services arm, delivering infrastructure tailored for autonomous vehicles, medical imaging, NLP, and generative AI workloads.

SenSage

Series D in 2007
SenSage is a provider of enterprise event data warehouse technology designed to enhance security, compliance, and data management. The company specializes in solutions that process and analyze large volumes of log and event data, enabling organizations to derive actionable insights while minimizing risks associated with security breaches, fraud, and regulatory compliance. With a focus on automating compliance reporting and security decision support, SenSage's software facilitates the collection, retention, and analysis of event data, making it a cost-effective alternative to traditional data warehouses and log management systems. Over 400 customers have adopted SenSage solutions to improve their data management capabilities and reduce operational costs.

Steelbox

Series A in 2006
Steelbox, Inc. focuses on developing and marketing video switching, recording, and access systems specifically for the video security industry. The company provides network media appliances that facilitate video streaming, storage, and access control, along with digital matrix storage switch products and video switching matrix systems. Its offerings are targeted at system integrators and are also available under private labels for various sectors, including campus security, transportation, gaming, law enforcement, and military, across the United States, Europe, and Asia. Founded in 2003 and headquartered in Atlanta, Georgia, Steelbox operates as a subsidiary of Adtech-GESI, LLC. The company specializes in engineered devices that efficiently distribute, store, and retrieve substantial volumes of video data across IP networks.

Code Green Networks

Series C in 2005
Code Green Networks, Inc. specializes in data loss prevention (DLP) and content security solutions for enterprises, focusing on the protection and management of sensitive digital information. The company's flagship product, TrueDLP, enables organizations to discover, monitor, control, and secure sensitive data across various environments, including networks, endpoint devices, and cloud storage. TrueDLP encompasses several components, such as Network DLP, Endpoint DLP, Discovery DLP, and Cloud DLP, which collectively address security challenges like cloud storage protection, cybersecurity, and regulatory compliance. Additionally, Code Green Networks offers Content Inspection Appliances and CI Agent for content monitoring and data loss protection, along with policy-based email encryption and content discovery services to enhance visibility and control over sensitive information. The company's solutions are utilized across multiple industries, including healthcare, financial services, government, and retail, both in the United States and internationally. Founded in 2004 and headquartered in Sunnyvale, California, Code Green Networks operates as a subsidiary of Digital Guardian, Inc. since 2015.

SenSage

Series C in 2005
SenSage is a provider of enterprise event data warehouse technology designed to enhance security, compliance, and data management. The company specializes in solutions that process and analyze large volumes of log and event data, enabling organizations to derive actionable insights while minimizing risks associated with security breaches, fraud, and regulatory compliance. With a focus on automating compliance reporting and security decision support, SenSage's software facilitates the collection, retention, and analysis of event data, making it a cost-effective alternative to traditional data warehouses and log management systems. Over 400 customers have adopted SenSage solutions to improve their data management capabilities and reduce operational costs.

Code Green Networks

Series B in 2005
Code Green Networks, Inc. specializes in data loss prevention (DLP) and content security solutions for enterprises, focusing on the protection and management of sensitive digital information. The company's flagship product, TrueDLP, enables organizations to discover, monitor, control, and secure sensitive data across various environments, including networks, endpoint devices, and cloud storage. TrueDLP encompasses several components, such as Network DLP, Endpoint DLP, Discovery DLP, and Cloud DLP, which collectively address security challenges like cloud storage protection, cybersecurity, and regulatory compliance. Additionally, Code Green Networks offers Content Inspection Appliances and CI Agent for content monitoring and data loss protection, along with policy-based email encryption and content discovery services to enhance visibility and control over sensitive information. The company's solutions are utilized across multiple industries, including healthcare, financial services, government, and retail, both in the United States and internationally. Founded in 2004 and headquartered in Sunnyvale, California, Code Green Networks operates as a subsidiary of Digital Guardian, Inc. since 2015.

Cirrascale

Series B in 2004
Cirrascale is a technology company that designs, manufactures, and sells blade-based computing and storage infrastructure for cloud, conventional and modular data centers. It offers energy-efficient, high-density platforms enabled by patented vertical cooling technology, including blade chassis, containerized data center solutions, petascale storage appliances, and scalable GPU-accelerated systems for AI, deep learning, and high-performance computing. The company serves large-scale operators, hosting and cloud service providers, and industries such as telecommunications, entertainment, oil and gas, and electronic design, and maintains partnerships with leading technology vendors. It also provides cloud services and specialized deep learning infrastructure through its cloud services arm, delivering infrastructure tailored for autonomous vehicles, medical imaging, NLP, and generative AI workloads.

American Fiber Systems

Venture Round in 2003
American Fiber Systems is a provider of dark fiber metropolitan infrastructure and wholesale transportation services, catering to carriers and enterprises across the United States. Founded in 1999 and headquartered in Rochester, New York, the company specializes in metropolitan fiber optic networking solutions. Its offerings include dark fiber, Ethernet transport, Internet access, managed wavelengths, TDM transport, and SONET ring services. Additionally, American Fiber Systems provides colocation and VLAN tagging services, ensuring comprehensive support for its clients' communication and data needs.

SenSage

Series B in 2003
SenSage is a provider of enterprise event data warehouse technology designed to enhance security, compliance, and data management. The company specializes in solutions that process and analyze large volumes of log and event data, enabling organizations to derive actionable insights while minimizing risks associated with security breaches, fraud, and regulatory compliance. With a focus on automating compliance reporting and security decision support, SenSage's software facilitates the collection, retention, and analysis of event data, making it a cost-effective alternative to traditional data warehouses and log management systems. Over 400 customers have adopted SenSage solutions to improve their data management capabilities and reduce operational costs.

SenSage

Series A in 2002
SenSage is a provider of enterprise event data warehouse technology designed to enhance security, compliance, and data management. The company specializes in solutions that process and analyze large volumes of log and event data, enabling organizations to derive actionable insights while minimizing risks associated with security breaches, fraud, and regulatory compliance. With a focus on automating compliance reporting and security decision support, SenSage's software facilitates the collection, retention, and analysis of event data, making it a cost-effective alternative to traditional data warehouses and log management systems. Over 400 customers have adopted SenSage solutions to improve their data management capabilities and reduce operational costs.
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