Xsigo Systems, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Xsigo Systems, Inc. - overview

Established

2004

Location

San Jose, CA, US

Primary Industry

IT Infrastructure

About

Xsigo Systems, Inc. specializes in advanced networking solutions that optimize data center connectivity through innovative technologies, enhancing the efficiency of enterprise computing environments. Founded in 2004, Xsigo Systems, Inc. is based in San Jose, US, and provides networking solutions that streamline data center operations.


The company was acquired by Oracle Corporation in July 2012 for an undisclosed amount. Notably, Xsigo has raised a total of USD 20. 00 mn through various funding rounds, with the latest round in 2012 attracting investments from Greylock Partners, Khosla Ventures, Kleiner Perkins, and North Bridge Venture Partners. Xsigo Systems offers the Oracle Private Cloud Appliance, a rack-scale engineered system that delivers Oracle Cloud Infrastructure (OCI)-compatible compute, GPU, storage, and networking solutions for on-premises deployment.


This appliance is designed for rapid application deployment and workload management, including artificial intelligence (AI) and high-performance computing (HPC). It features built-in automation, full-stack management, and patching capabilities, catering to medium to large enterprises across North America, Europe, and Asia looking for high-performance computing solutions customized to their operational needs. The revenue model for Xsigo Systems is primarily based on sales of the Oracle Private Cloud Appliance, which combines hardware, software, and integrated management solutions. The company engages in B2B transactions, offering both direct sales and subscription-based services, including ongoing support and software updates through annual contracts.


Pricing details are not specifically outlined, but the structure encompasses costs associated with hardware and additional services like Oracle Linux and KVM virtualization, aimed at optimizing total cost of ownership (TCO) for clients. Future growth for Xsigo Systems is centered around expanding its offerings and market reach following its acquisition by Oracle. Upcoming product developments are aimed at enhancing the features of the Oracle Private Cloud Appliance. The company intends to target new geographic markets in Asia and Europe by 2025.


The recent funding of USD 20. 00 mn will support these initiatives, enabling the design and launch of innovative solutions that align with current market demands. Additionally, the company's acquisition by Oracle is expected to bolster its capacity to innovate and expand.


Current Investors

Khosla Ventures, Kleiner Perkins, North Bridge Venture Partners

Primary Industry

IT Infrastructure

Sub Industries

IT Infrastructure

Website

www.xsigo.com

Verticals

Cloud Computing

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.