CNEX LABS
Financials
Estimates*
| USD | 2018 | 2019 | 2020 | 2021 | 2023 |
|---|---|---|---|---|---|
| Revenues | 15.0m | 15.2m | 15.2m | 15.2m | 9.1m |
| % growth | - | 1 % | - | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$2.5m | Seed | ||
$21.2m | Series A | ||
$25.1m | Series B | ||
N/A | Early VC | ||
$12.1m | Series C | ||
| N/A | $1.8m | Series C | |
N/A | Series D | ||
* | $23.0m | Series D | |
N/A Valuation: $115m | Late VC | ||
$26.7m | Series E | ||
$5.0m Valuation: $134m | Series E | ||
$14.7m Valuation: $134m | Series G | ||
| Total Funding | €120m | ||
Recent News about CNEX LABS
EditCNEX Labs is a Silicon Valley-based startup founded in 2013 by seasoned professionals from the semiconductor industry. The company specializes in developing advanced semiconductor storage solutions, particularly focusing on Solid State Drive (SSD) controllers. These controllers are crucial components that manage data storage and retrieval in SSDs, ensuring high performance and efficiency.
CNEX Labs operates primarily in the data storage and networking markets. Their main clients include data centers, storage solution providers, and networking companies. These clients rely on CNEX's innovative SSD controllers to enhance their storage solutions, offering benefits such as low power consumption and high performance. The company's products are designed to support various form factors, including M.2, U.2, U.3, HHHL, and EDSFF, making them versatile for different applications.
The business model of CNEX Labs revolves around the development and sale of semiconductor and software solutions. They collaborate closely with NAND Flash manufacturers and other industry leaders to create cutting-edge products. Their flagship product is the NVMe PCIe SSD controller ASIC, which supports LightNVM Open Channel, providing flexibility and high performance for emerging storage technologies.
CNEX Labs generates revenue by selling these advanced SSD controllers to their clients. They also benefit from strategic investments and partnerships with Fortune 500 companies in the storage and networking sectors. These collaborations not only provide financial backing but also help in the development and adoption of their innovative solutions.
In summary, CNEX Labs is at the forefront of semiconductor storage innovation, providing high-performance SSD controllers to data centers and networking companies. Their products are designed to meet the evolving needs of the storage industry, ensuring low latency and maximum throughput.
Keywords: Semiconductor, SSD Controllers, Data Storage, Networking, NVMe, LightNVM, High Performance, Low Power, Silicon Valley, Innovation.