Nirvanix

Streamload, founded in 1998 in San Diego, California by Steve Iverson, a student at Pomona College, was one of the first Internet storage services, receiving various accolades for products between 2002 and 2006.[https://www.pcmag.com/article2/0,2817,1924568,00.asp And the Award for Online Video Sharing Goes to... Streamload MediaMax][https://www.pcmag.com/article2/0,2817,1871730,00.asp PC Magazine Best of Show][http://www.hostreview.com/news/editors/article/storage_awards.html HostReview Online Storage Services Awards] The company attracted angel investor and computer software entrepreneur Charlie Jackson and $1.2 million in investment by August 2004.{{Cite news |title= Streamload/MediaMax/TheLinkup death spiral dogs Nirvanix |work= DEMO.com |author= Mary A.C. Fallon |date= July 31, 2008 |url= http://www.demo.com/community/?q=node/160512 |url-status= dead |archiveurl= https://web.archive.org/web/20080815062824/http://www.demo.com/community/?q=node%2F160512 |archivedate= August 15, 2008 }}

Streamload's flagship product was renamed to MediaMax and spun off on July 1, 2007, with the existing company being renamed to Nirvanix.[https://techcrunch.com/2008/07/10/mediamaxthelinkup-closes-its-doors/ MediaMax/TheLinkup Closes Its Doors] The failure of MediaMax (renamed to The Linkup) on August 8, 2008, resulted in permanent loss of data for around 20,000 paying customers;[https://arstechnica.com/news.ars/post/20080813-storms-in-the-clouds-leave-users-up-creek-without-a-paddle.html Storms in the cloud leave users up creek without a paddle] Nirvanix denied responsibility for the data loss, saying that Savvis was contracted by its The Linkup spin-off to host the application and the database.[http://www.networkworld.com/news/2008/081108-linkup-failure.html Loss of customer data spurs closure of online storage service 'The Linkup'][http://developer.nirvanix.com/blogs/nirvanix/archive/2008/07/28/mediamax-the-linkup-announces-closure-nirvanix-clarifies-false-information-in-blogosphere.aspx MediaMax (The Linkup) Announces Closure- Nirvanix Clarifies False Information in Blogosphere]

Patrick Harr and Geoff Tudor wanted to pursue the storage service market for enterprise customers. A new Nirvanix system, called the Storage Delivery Network, was built with new software and hardware systems. Nirvanix incorporated both the lessons-learned operating a large-scale online storage service under Streamload as well as techniques in clustering, virtualization, database-driven file system architectures and distributed networking. Nirvanix filed nine patents on this new platform in August 2007.{{Citation needed|date=September 2013}}

It announced its Nirvanix Storage Delivery Network in September 2007, comparing it to the Amazon Simple Storage Service.{{Cite news |title= Nirvanix Launches To Compete With Amazon S3 Storage Service |author= Michael Arrington |date= September 5, 2007 |work= Tech Crunch |url= https://techcrunch.com/2007/09/05/nirvanix-launches-to-compete-with-amazon-s3-storage-service/ |accessdate= September 19, 2013 }}

The company raised $12 million in September 2007 from Mission Ventures Valhalla Partners and Windward Ventures.{{Cite news |title= Nirvanix secures $12 million in venture capital: Round funds expansion of global storage nodes, sales, and customer service |work= Press release |date= September 18, 2007 |url= http://www.nirvanix.com/news-events/press-releases/2007/2007-09-18.aspx |accessdate= September 19, 2013 }}

Intel Capital added $5 million in funding in December 2007 (along with original investors and European Founders Fund), and then more funding in April 2009.{{Cite news |title= Nirvanix Launches To Compete With Amazon S3 Storage Service |author= Duncan Riley |date= December 19, 2007 |work= Tech Crunch |url= https://techcrunch.com/2007/12/19/intel-takes-stake-in-amazon-s3-competitor-nirvanix/ |accessdate= September 19, 2013 }}

An additional round was announced in November 2010.{{Cite news |title= Cloud Storage Company Nirvanix Raises $10 Million, Appoints New CEO |author= Robin Wauters |date= November 10, 2010 |work= Tech Crunch |url= https://techcrunch.com/2010/11/10/cloud-storage-company-nirvanix-raises-10-million-appoints-new-ceo/ |accessdate= September 19, 2013 }}

On May 3, 2012, Nirvanix announced it raised over $25 million in a Series C funding round led by Khosla Ventures, bringing Nirvanix's total capital raised to $70 million.{{cite web |url= http://siliconangle.com/blog/2012/05/03/vinod-khosla-vc-firm-invests-in-cloud-storage-firm-nirvanix-what-sun-would-be-if-around-today |title=Vinod Khosla VC Firm Invests In Cloud Storage Firm Nirvanix – What SUN would be if around today |date=3 May 2012 | accessdate=2012-05-29}}{{Cite news |title= Khosla Leads $25M Round In Enterprise Cloud Storage Company Nirvanix |author= Leena Rao |date= May 3, 2012 |work= Tech Crunch |url= https://techcrunch.com/2012/05/03/khosla-leads-25m-round-in-enterprise-cloud-storage-company-nirvanix/ |accessdate= September 19, 2013 }}

On July 12, 2021, Nirvanix announced that it had closed a $12 million equity financing round led by Mission Ventures and Valhalla Partners with participation from Windward Ventures.{{Cite web|last=Marcotte|first=James|title=Nirvanix Secures $12 Million Funding Round|url=https://www.nirvanix.com/nirvanix-secures-12-million/|access-date=2021-08-18|language=en-US}}{{Cite web|title=Nirvanix Company Profile: Acquisition & Investors {{!}} PitchBook|url=https://pitchbook.com/profiles/company/51258-34|access-date=2021-08-18|website=pitchbook.com|language=en}}

Nirvanix provided public, hybrid, and private cloud storage service options. The underlying technology included:

• Cloud File System, a virtual file system specifically designed to handle millions of users and billions of files in a single global namespace with data consistency.
• Cloud Storage Network which consists of nine globally dispersed data centers. Customers can locate data close to users and to choose redundancy levels by replicating data to two, three, or more data centers.
• Cloud NAS Gateway software which installs on Windows or Linux servers and provides access to the Nirvanix cloud storage services.

Storage was accessible via HTTP, using the Nirvanix Web Services application programming interface based on Representational State Transfer (REST) and Simple Object Access Protocol (SOAP) or the Nirvanix CloudNAS gateway software.

Scott Genereux was appointed president and CEO of Nirvanix in November 2010, replacing Jim Zierick.{{cite news |url=

http://www.networkworld.com/newsletters/stor/2010/110810stor2.html |author= Deni Connor |title= Goodbye QLogic, hello Nirvanix |date= November 10, 2010 |work= Network World | accessdate= September 19, 2013 }}

Since then the company overhauled its management team{{cite web | url=

http://www.itdependsblog.com/2011/12/29/reflections-on-2011-nirvanixs-management-moves-paid-off/

|title= Reflections on 2011: Nirvanix's Management Moves Pay Off | publisher=ESG | accessdate=2012-02-18}} and signed a number of partners, including a 5-year OEM agreement with IBM.{{cite web | url=

http://itknowledgeexchange.techtarget.com/storage-soup/ibm-global-services-picks-nirvanix-for-cloud-storage/

|title= IBM Global Services Picks Nirvanix for Cloud Storage | publisher=TechTarget | accessdate=2012-02-18}} Nirvanix has also deployed petabyte-scale clouds {{cite web | url=

http://tanejagroup.com/news/blog/cloud/nirvanix-an-appetite-for-petabyte-scale-clouds

|title= Nirvanix: An Appetite for Petabyte-scale Clouds | publisher=Taneja Group | accessdate=2012-02-18}} at Cerner,{{cite web | url=

http://www.voicesofit.com/blogs/blog1.php/2011/10/17/nirvanix-ibm-cerner-enterprise-cloud-sto

|title= Nirvanix + IBM + Cerner = Enterprise Cloud Storage Validated | publisher=INI Group | accessdate=2012-02-18}} USC,{{cite web | url=

http://wikibon.org/blog/the-gmail-of-archives-how-usc-is-turning-it-costs-into-online-profits/

|title= The Gmail of Archives: How USC is Turning IT Costs into Online Profits | publisher=Wikibon | accessdate=2012-02-18}} and others.

In December 2012 Genereux left to join Oracle Corporation, and was replaced by Dru Borden, who was then replaced by Debra Chrapaty in March 2013.{{Cite news |title= Nirvanix prepares to close, tells customers to stop using its cloud |author= Sonia Lelii |date= September 17, 2013 |work= IT Knowledge Exchange |url= http://itknowledgeexchange.techtarget.com/storage-soup/nirvanix-to-customers-stop-sending-data-to-our-cloud/ |accessdate= October 14, 2013 }}{{Cite news |title= Nirvanix Appoints Its Executive Chairwoman, Debra Chrapaty, as Chief Executive Officer: Former Zynga CIO, Cisco, Microsoft Executive Joins Nirvanix and Current CEO Dru Borden to Become Top Executive and Remain on the Board of Directors |work= Press release |date= March 25, 2013 |url= http://www.nirvanix.com/news-events/press-releases/2013/2013-03-25.aspx |accessdate= September 19, 2013 }}

Despite the earlier agreement, IBM acquired SoftLayer in June 2013 and started a competitor IBM Cloud Services Division.{{Cite news |title= IBM to Acquire SoftLayer to Accelerate Adoption of Cloud Computing in the Enterprise: IBM to Form New Cloud Services Division |date= June 4, 2013 |work= News release |publisher= IBM |url= http://www-03.ibm.com/press/us/en/pressrelease/41191.wss |archive-url= https://web.archive.org/web/20130608133704/http://www-03.ibm.com/press/us/en/pressrelease/41191.wss |url-status= dead |archive-date= June 8, 2013 |accessdate= June 5, 2013 }}{{Cite news |title= IBM (IBM) to Acquire Public Cloud Provider SoftLayer |work= Street Insider |url= http://www.streetinsider.com/Mergers+and+Acquisitions/IBM+%28IBM%29+to+Acquire+Public+Cloud+Provider+SoftLayer/8388478.html |accessdate= June 5, 2013 }}

On September 16, 2013 Nirvanix notified customers that they had until September 30, 2013 to move their data off of the service at which point Nirvanix would shut down.{{Cite news |title= Cloud provider Nirvanix gives customers two weeks to vacate data |date= September 17, 2013 |author= Pete Swabey |work= Information Age blog |url= http://www.information-age.com/technology/cloud-and-virtualisation/123457347/cloud-provider-nirvanix-gives-customers-two-weeks-to-vacate-data |accessdate= September 19, 2013 }}{{cite news| url=

http://www.networkworld.com/community/blog/gartner-analyst%E2%80%99s-advice-customers-shuttering-nirvanix-panic |title= Gartner analyst's advice to customers of shuttering Nirvanix: PANIC! |author= Brandon Butler |date= September 18, 2013 |work= Network World | accessdate= September 19, 2013 }}

By September 28, 2013, the company deactivated its website and replaced it with a statement that included customer support details.

Nirvanix said an IBM team could assist customers with transferring their data from the Nirvanix infrastructure.{{cite web |title= It's Official, The Nirvanix Cloud Storage Service Is Shutting Down |url= https://techcrunch.com/2013/09/27/its-official-the-nirvanix-cloud-storage-service-is-shutting-down/ |work= Tech Crunch |publisher=AOL, Inc |accessdate= October 14, 2013 |author=Alex Williams |date= September 27, 2013}}

The company filed for US Chapter 11 bankruptcy on October 1, 2013, which was approved on October 8.{{Cite news |title= Nirvanix Files for Chapter 11 Bankruptcy |work= Venture Capital Dispatch blog |publisher= Wall Street Journal |date= October 2, 2013 |author= Deborah Gage |url= https://blogs.wsj.com/venturecapital/2013/10/01/nirvanix-files-for-chapter-11-bankruptcy/ |accessdate= October 14, 2013 }}{{Cite news |title= Nirvanix gets court approval of $1M bankruptcy financing |work= San Diego Daily Transcript |date= October 8, 2013 |url= http://www.sddt.com/Technology/article.cfm?SourceCode=20131008tqa&_t=Nirvanix+gets+court+approval+of+1M+bankruptcy+financing |accessdate= October 14, 2013 }}

On December 4, 2013, Oracle issued an announcement that they had acquired select intellectual property of Nirvanix, as well as key engineering resources.{{cite web|url=http://www.oracle.com/us/corporate/acquisitions/nirvanix/index.html |title=Oracle and Nirvanix |publisher=Oracle.com |date=2013-12-04 |accessdate=2014-10-28}}

The company has pivoted{{what|date=December 2021}} and offers solutions{{solution-inline|date=December 2021}} in the space of business phone systems helping small and medium size entreprises. Nirvanix is currently focusing on innovation around VoIP Phone Systems, hosted PBX, cloud storage and other similar functions.{{Cite web|title=Nirvanix: Innovative and Scalable VoIP and Hosted PBX Business Phone Solutions for An Internet-Centric World|url=https://finance.yahoo.com/news/nirvanix-innovative-scalable-voip-hosted-134500000.html|access-date=2021-08-18|website=finance.yahoo.com|language=en-US}}{{Cite web|title=Nirvanix: Innovative and Scalable VoIP and Hosted PBX Business Phone Solutions for An Internet-Centric World|url=https://www.marketwatch.com/press-release/nirvanix-innovative-and-scalable-voip-and-hosted-pbx-business-phone-solutions-for-an-internet-centric-world-2021-07-06|access-date=2021-08-18|website=MarketWatch|language=EN-US}}

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Category:Cloud storage

Category:Companies based in San Diego