Fellow enterprise IPO newbie Violin Memory had a lackluster performance upon its opening in September. It should be interesting to see how Nimble Storage performs in the public markets. And data recovery only takes seconds, and Nimble is relatively simple to deploy compared to incumbent products. At the time, Suresh Vasudevan, CEO of Nimble Storage, told us that the company’s secret to success is that its system delivered four to five times more performance and two to five times more capacity than competitors. Nimble Storage had told us last year that an IPO is the goal for the future. It seems unclear from the company on when Nimble Storage will become profitable. While at Nimble, Varun led the company through its first three rounds of funding and a record rate of customer acquisitions. Vasudevan, Singh, Mehta and Murphy) and Nimble Storage or Parent concerning any type of compensation, whether present, deferred or contingent, that is based. Mehta was vice president of engineering at PeakStream Inc., a. Six years later Nimble became a multi-billion dollar publicly traded company, and along the way helped transform an industry. Varun Mehta, Vice President - Engineering, Senior Management, -, -. Senior Software Engineer in Operative Strategic Innovation Intern in Anheuser-Busch InBev Managing in Victory Trucking, LLC President in Nimble Storage, Inc. Varun Mehta and Umesh Maheshwari founded Nimble Storage based on an observation at the foundation of data storage the physical media itself. The company saw net losses of $6.8 million, $16.8 million, $27.9 million and $19.8 million in the years ended January 31, 2011, 20, and the six months ended July 31, 2013. Before joining Hewlett Packard Enterprise, Varun was a co-founder and the CEO at Nimble Storage, Inc., which was purchased by Hewlett Packard Enterprise in March 2017. Nimble Storage was founded in 2008 by Umesh Maheshwari and Varun Mehta, pictured to the left (in order) with CEO Vasuderan. Up-to-date HPE Nimble Storage Inc company overview including funding information. Nimble Storage saw total revenue $53.8 million in 2013, up from $14 million in 2012. The company has raised $98 million in funding from Sequoia, Accel, Artis Capital Management, Lightspeed Venture Partners, GGV Capital and others. This helps lower equipment costs and streamline storage management. Nimble’s suite of four appliances combines storage, backup and disaster-recovery into a single solution, with each box offering different levels of raw storage capacity (up to 24 terabytes), flash capacity and connectivity speed.Īdditionally, Nimble offers flash-accelerated primary storage performance, instant backup and restores, application-integrated data protection, and offsite disaster recovery, all from a single iSCSI system. The company aims to raise as much as $150 million in the offering, but this is just a placeholder amount and could change.įounded by former Data Domain and NetApp executives Varun Mehta and Umesh Maheshwari, Nimble Storage offers enterprise-grade data storage and backup appliances for small and medium businesses. Ping is from New Jersey and graduated from Harvard and the Stanford Graduate School of Business.Nimble Storage, the developer of flash-optimized, hybrid storage and backup solutions for the enterprise, has filed its S-1 with the SEC today. He started his technology career in Asia working for Singapore Telecom and Goldman Sachs Asia's technology practice. Prior to Accel, Ping served as product line manager and director of corporate development at Juniper Networks. He was responsible for numerous past investments with notable exits, including Arista (NASDAQ), Blue Jeans (acquired by Verizon), Cloudera (NYSE), Demisto (acquired by Palo Alto Networks), Heptio (acquired by VMware), Nimble Storage (NYSE), RelateIQ (acquired by Salesforce), Semmle (acquired by MSFT/GitHub), Sumo Logic (NASDAQ), and Tenable Network Security (NASDAQ). Ping is also active in cybersecurity as an investor at Code42, Illumio, Lookout, Snyk, Sysdig. Nimble Storage was founded by Varun Mehta, who serves as the VP of. Nimble's CS-series hybrid storage arrays and NetApp's FAS-series arrays (can feature. This IDC Vendor Profile analyzes Nimble Storage, a company playing in the midrange. He is the lead investor and board member at Cognite, Jellyfish, Klaviyo, Tailscale and Trifacta. Founder Varun Mehta, CEO Suresh Vasudevan, and several other Nimble execs previously worked at NetApp. In July 2009, Varun Mehtaa first-time founderwas driving toward a courageous decision: giving up a sure success for a long shot at disrupting a major category. Ping Li joined Accel in 2004 and focuses on investing in business software applications and cloud native technology platforms.
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