Convergent.io Raises $10 Million from Andreessen Horowitz

Convergent.io, an enterprise infrastructure startup, has announced it has closed a $10 million Series A round of funding with Andreessen Horowitz.

The company is developing a disruptive storage technology that combines the flexibility of a software approach to redefine enterprise storage resources and storage networking with the economics of high-performance, commodity hardware to help customers realize the vision of the software-defined datacenter. The round was financed entirely by venture capital firm Andreessen Horowitz, known for its expertise in infrastructure software and storage.

Convergent.io is an enterprise infrastructure startup redefining how storage resources and networking are delivered in the software-defined datacenter for rapid flexibility and high-performance. The company is headquartered in Silicon Valley but has a presence in Vancouver through local entrepreneur Andrew Warfield, who is one of the co-founders alongside Keir Fraser and Ramana Jonnala. 

“We expect storage networking to undergo a fundamental transformation as datacenters realize their full potential as software-defined infrastructures,” said Peter Levine, general partner at Andreessen Horowitz and new member of the Convergent.io board of directors. “Storage networking is likely to be the next shift in enterprise infrastructure, and the Convergent.io team, which is made up of experts who have helped to lead and define previous trends in virtualization and storage software, will be the one to propel us forward,” suggests Mr. Levine.

Convergent.io is dedicated to freeing customers from the cost and complexity of managing traditional, monolithic storage infrastructure with an integrated software-defined storage and networking model that abstracts configuration and functionality from the underlying hardware while making use of innovative storage networking integration.

Ramana Jonnala, CEO and co-founder of Convergent.io, explains, “We are building a solution that enables customers to make better use of both existing hardware investments and new storage technology with an integrated storage and networking architecture that scales and performs based on customers’ changing data and application needs.”

Business Week has pinpointed that the next wave of tech IPO may be more from enterprise-focus startups.