Company:Fusion-io

From HandWiki
Short description: American technology company
Fusion-io
TypeSubsidiary
IndustrySolid-state drive
Founded2005; 19 years ago (2005)
DefunctJuly 2014; 10 years ago (2014-07) (acquired by SanDisk)
HeadquartersSan Jose, California,
Cottonwood Heights, Utah
,
U.S.
Key people
Shane Robison[1]
(President and CEO)
Steve Wozniak
(Chief Scientist)
Products
ParentSanDisk Corporation
(Western Digital)
Electronics card
SanDisk Fusion ioMemory PX600-5200: 5.2TB FH/HL PCI-E SSD.
NexGen n5 in 2012, renamed ioControl hybrid storage
ION Accelerator

Fusion-io, Inc. was a computer hardware and software systems company (acquired by SanDisk Corporation in 2014) based in Cottonwood Heights, Utah, that designed and manufactured products using flash memory technology. The Fusion ioMemory was marketed for applications such as databases, virtualization, cloud computing, big data.[2] Their ioDrive product was considered around 2011 to be one of the fastest storage devices on the market.[3]

History

The company was founded in December 2005 as Canvas Technologies in Nevada. Co-founders were David Flynn and Rick White. The company was based in Cottonwood Heights, Utah, near Salt Lake City. In June 2006, the company name was changed to Fusion Multisystems, Incorporated.[4][5] A product with the brand name ioDrive was demonstrated and announced in September 2007.[6]

In March 2008, Fusion-io raised $19 million in a series A round of funding from a group of investors led by New Enterprise Associates.[7] David Flynn was chief technology officer, while Don Basile was chief executive officer at the time.[7] Michael Dell invested in Fusion-io during this round.[8] It was chosen as an "innovation up-and-comer" in an online Business Week poll by early 2009.[8]

In 2009 and 2010, David Bradford, served as CEO. In February 2009, Fusion-io hired Apple Inc. co-founder Steve Wozniak as chief scientist.[9] It was chosen by Red Herring magazine as a "top 100" company in February 2009.[10] In March 2009, Fusion-io started working with HP on the IO Accelerator, a new high-performance solid-state drive.[11]

Fusion-io announced $47.5 million in a series B round of investment led by Lightspeed Venture Partners in April 2009.[12][13] Hardware partner Samsung later invested in Fusion-io in October 2009.[14]

A third round of funding led by Meritech Capital Partners, with additional capital from Accel Partners and Andreessen Horowitz, provided a total of $45 million in April 2010.[15] It was named the second most promising information technology company by The Wall Street Journal in March 2010.[16] In May 2010, the Linux block-io principal developer, Jens Axboe, joined Fusion-io after leaving Oracle.[17]

Fusion-io first filed for an initial public offering (IPO) in March 2011, with shares to be listed on the New York Stock Exchange with symbol FIO.[5] At the time, Facebook accounted for most of its revenues. In June 2011, Fusion-io announced it increased the price of its IPO to put the company's total value at $1.4 billion. The company had previously priced its shares to value the company at about $1.17 billion.[18] The shares were offered on June 9, raising the valuation to about $2 billion.[19]

On August 5, 2011, Fusion-io acquired IO Turbine for about $95 million.[20] IO Turbine's main product was the ioTurbine hybrid array (caching to flash) software, which is virtualization-aware, particularly of VMware environments.[21][22]

In January 2012, Fusion-io achieved a record breaking billion IOPS from eight servers at the DEMO Enterprise event in San Francisco.[citation needed]

In June 2012, the Btrfs principal developers Chris Mason joined Fusion-io after leaving Oracle,[23] and Josef Bacik left Red Hat to join Fusion-io.[24]

In August 2012, Fusion-io announced the ION Data Accelerator software.[25] Since February 2014, the ION product is offered as an appliance instead of a software product.[26]

In March 2013, Fusion-io acquired the Linux software defined storage firm ID7, developers of the SCST generic SCSI target layer.[27][28]

At Storage Field Day 3, Fusion-io announced their acquisition of NexGen Storage in April 2013 for $114 million cash and $5 million in stock.[29][30] NexGen was located in Louisville, Colorado and had a product it called n5, which it announced in November 2011 and upgraded in July 2012.[31][32][33] The n5 was a hybrid product including hard disk drives as well as flash memory, aiming to provide more consistent performance guarantees than only disks.[34] The n5 was renamed ioControl hybrid storage after acquisition.[35]

In May 2013, the co-founders David Flynn (CEO) and Rick White (CMO) left. In October 2013, Dennis Wolff, its CFO, left.[36][37] In November 2013, the Btrfs developers Chris Mason and Josef Bacik left Fusion-io for Facebook.[38][39][40]

In 2012 and 2013, Fusion-io was criticized for depending too heavily on two major customers—Facebook and Apple.[41][42][43] However, during the F2Q 2014 earnings call, it was made clear that in Q2 the orders of twelve customers exceeded $1 million each.[44]

A scalable multi-queue block layer for the Linux kernel was developed by Fusion-io engineers Axboe and Shaohua Li, and merged into the Linux kernel mainline in kernel version 3.13, released on January 19, 2014. This new block layer uses parallelism (and thus provides much higher performance) offered by SSDs using NVM Express. With the release of Linux kernel version 3.13, only the virtioblk driver has been modified to actually use this new interface. A technical presentation paper of this new feature was published at ACM SYSTOR'13.[45][46][47]

During the first half of 2014, Fusion-io sponsored conversion of the Linux kernel SCSI core to the blk-mq approach.[48]

In January 2014, Jens Axboe announced he was leaving Fusion-io to join Facebook.[49]

In June 2014, SanDisk announced its intentions to buy Fusion-io.[50] SanDisk completed its acquisition of Fusion-io in July 2014.[51]

Technology

Fusion-io called their architecture ioMemory.[6] It was announced at the DEMO conference in 2007, and software called ioSAN was shown in 2008.[52]

In March 2009, Hewlett-Packard announced the HP StorageWorks IO Accelerator adaptation of Fusion-io technology specifically for HP BladeSystem C-Series servers.[53][54] IBM’s project Quicksilver,[55] based on Fusion-io technology, showed that solid-state technology in 2008 could deliver 1 million IOPS.[56] By September 2009, IBM offered a PCIe adapter, based on the ioDrive, for IBM servers.[57] In December 2009, IBM announced it would license the technology for an appliance.[58][8]

References

  1. ↑ "Management Team :: Fusion-io". http://www.fusionio.com/company/management-team/. 
  2. ↑ "About Company". Fusion-io fusionio.com. http://www.fusionio.com/company/. 
  3. ↑ Kevin OBrien (September 12, 2011). "Fusion-io ioDrive Duo Review (640GB)". http://www.storagereview.com/fusionio_iodrive_duo_review_640gb. 
  4. ↑ "Entity Actions for Fusion Multisystems, Inc.". Company registration information. Nevada Secretary of State. https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=%252bU8OL8Q3mCwFAuLlW%252bHbyA%253d%253d&CorpName=FUSION+MULTISYSTEMS%2c+INC.. 
  5. ↑ 5.0 5.1 Fusion-io (March 9, 2011). "Prospectus". Form S-1. US Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1383729/000095012311023375/f58285sv1.htm. 
  6. ↑ 6.0 6.1 "Fusion-io announces ioDrive, placing the power of a SAN in the palm of your hand". Press release. Fusion-io. September 25, 2007. http://www.fusionio.com/load/media-docsPress/fbdzz/Pressrelease_SANinhand.pdf. 
  7. ↑ 7.0 7.1 "Fusion-io Closes $19M in Series A Funding". Press release. NEA. March 31, 2008. http://portal.nea.com/ID=5396/TYPE=2541/Fusion-io.pdf.  [yes|permanent dead link|dead link}}]
  8. ↑ 8.0 8.1 8.2 Arik Hesseldahl (March 30, 2009). "How Fusion-io Improves Companies' Memory". Business Week. Bloomberg. http://www.businessweek.com/innovate/content/mar2009/id20090330_618318.htm. 
  9. ↑ Ashlee Vance (2009-02-04). "Wozniak Accepts Post at a Storage Start-Up". The New York Times. https://www.nytimes.com/2009/02/05/technology/business-computing/05wozniak.html?_r=3&scp=1&sq=fusion-io&st=cse. 
  10. ↑ "Fusion-io Awarded Red Herring Top 100 Global Company". Press release. Fusion-io. February 2, 2009. http://www.fusionio.com/press/Fusion-io-Awarded-Red-Herring-Top-100-Global-Company/. 
  11. ↑ "Fusion-io Joins with HP to Accelerate Enterprise Server Application Performance". Archived from the original on March 20, 2009. https://web.archive.org/web/20090320021401/http://www.fusionio.com/PDFs/Pressrelease_Pressrelease_HP_Bladeserver.pdf. Retrieved November 11, 2022. 
  12. ↑ Murph, Darren (2009-04-07). "Fusion-io nabs more funding, teases new PCIe-based ioSAN". engadet.com. https://www.engadget.com/2009/04/07/fusion-io-nabs-more-funding-teases-new-pcie-based-iosan/. 
  13. ↑ Jon Brodkin (April 8, 2009). "Fusion-io lands $47 million to ramp up development of flash storage". Network World. http://www.networkworld.com/article/2266925/data-center/fusion-io-lands--47-million-to-ramp-up-development-of-flash-storage.html. 
  14. ↑ Savov, Vlad (2009-10-21). "Samsung invests in Fusion-io, takes relationship to 'a new level'". engadget.com. https://www.engadget.com/2009/10/21/samsung-invests-in-fusion-io-takes-relationship-to-a-new-level/. 
  15. ↑ Don Clark (April 18, 2010). "Storage Startup Fusion-io Continues Rapid Pace". Digits blog. Wall Street Journal. https://blogs.wsj.com/digits/2010/04/18/storage-startup-fusion-io-continues-rapid-pace/. 
  16. ↑ Debaise, Colleen and Scott Austin (2010-03-09). "Sizing Up Promising Young Firms". The Wall Street Journal. https://www.wsj.com/articles/SB10001424052748703915204575104222702359984. 
  17. ↑ Jens Axboe (2010-05-31). "Last Day at Oracle". http://axboe.livejournal.com/3616.html. 
  18. ↑ Leena Rao (June 7, 2011). "Fusion-io Ups Price Of IPO To $16 To $18 Per Share; Now Valued At $1.4 Billion". Tech Crunch. https://techcrunch.com/2011/06/07/fusion-io-ups-price-of-ipo-to-16-to-18-per-share-now-valued-at-1-4-billion. 
  19. ↑ Scott Austin (June 9, 2011). "On IPO Day, Fusion-io Valued At Just Under $2B". Venture Capital Dispatch (Wall Street Journal). https://blogs.wsj.com/venturecapital/2011/06/09/on-ipo-day-fusion-io-valued-at-just-under-2b/. 
  20. ↑ "After Strong IPO, Fusion-io Buys IO Turbine For About $95M". Dow Jones. http://pevc.dowjones.com/article?pid=32&an=DJFVW00020110804e785001e1&ReturnUrl=http%3a%2f%2fpevc.dowjones.com%3a80%2farticle%3fpid%3d32%26an%3dDJFVW00020110804e785001e1. 
  21. ↑ Mellor, Chris. "Fusion-io polishes up ioTurbine: Let them eat 1-click app cache". https://www.theregister.com/2013/12/17/fusionio_makes_ioturbine_slicker/. 
  22. ↑ Lawsom, Stephen (2013-06-24). "Fusion-io updates ioTurbine to aid more types of on-server caching". PC World. http://www.pcworld.com/article/2042805/fusionio-updates-ioturbine-to-aid-more-types-of-onserver-caching.html. 
  23. ↑ Chris Mason (2012-06-07). "Leaving Oracle". http://article.gmane.org/gmane.linux.file-systems/65090/. 
  24. ↑ Josef Bacik (2012-06-20). "Leaving Red Hat". http://marc.info/?l=linux-btrfs&m=134019736207676&w=2. 
  25. ↑ "Fusion-io Introduces ION Data Accelerator Software Defined Storage". Press release. Fusion-io. 2012-08-01. http://www.fusionio.com/press-releases/fusion-io-introduces-ion-data-accelerator-software-defined-storage. 
  26. ↑ "Application Acceleration Appliances". Press release. Fusion-io. 2014-02-06. http://www.fusionio.com/press-releases/fusion-io-introduces-integrated-application-acceleration-appliances. 
  27. ↑ Meyer, David (2013-03-18). "ID7 buy takes Fusion-io deeper into software-defined storage". http://www.computerweekly.com/news/2240179705/ID7-buy-takes-Fusion-io-deeper-into-software-defined-storage. 
  28. ↑ Adshead, Antony (2013-03-18). "Fusion-io picks up software-defined storage firm ID7 for SCST chops". http://gigaom.com/2013/03/18/fusion-io-picks-up-software-defined-storage-firm-id7-for-scst-chops/. 
  29. ↑ Joey Ferguson (May 1, 2013). "Fusion-io, NexGen CEOs talk acquisition, integration". Silicon Slopes. http://siliconslopes.com/beta/?p=142. 
  30. ↑ "Fusion-io Acquires NexGen Storage". Press release (Fusion-io). April 24, 2013. http://www.fusionio.com/press-releases/fusion-io-acquires-nexgen-storage. 
  31. ↑ "Delivers First SAN Storage System with Quality of Service for Business Critical Virtualization". Press release (NexGen Storage). November 8, 2011. http://nexgenstorage.com/nexgen-storage-emerges-stealth. 
  32. ↑ Drew Robb (August 13, 2012). "5 Flash Storage Vendors That Shine". Infostor. http://www.infostor.com/storage-management/5-flash-storage-vendors-that-shine.html. 
  33. ↑ Nathan Eddy (July 23, 2012). "NexGen Releases n5 Series Solid State Storage Appliances". eWeek. http://www.eweek.com/c/a/Data-Storage/NexGen-Releases-n5-Series-Solid-State-Storage-Appliances-798385. 
  34. ↑ Enterprise Strategy Group (April 5, 2012). "NexGen n5 Storage System: Storage QoS with 'Cruise Control' Performance". Promotional review. http://www.nexgenstorage.com/sites/default/files/ESG%20Lab%20Summary%20NexGen%20n5%20Storage%20System%20Mar%2012_0.pdf. 
  35. ↑ "NexGen Storage is now ioControl Hybrid Storage". http://www.nexgenstorage.com. 
  36. ↑ Fusion-io Plunges Most Ever After CEO, Co-Founder Resign, Bloomberg, 2013-05-08.
  37. ↑ More Bad News From Steve Wozniak's Fusion-IO: A Crummy Outlook And The CFO Is Leaving, Business Insider, 2013-10-23.
  38. ↑ Leaving Fusion-io, Chris Mason, Lwn.net, 2013-11-27.
  39. ↑ Josef Backik leaving Fusion-io, Markmail.org, 2013-11-27.
  40. ↑ Larabel, Michael (4 December 2013). "Lead Btrfs FIle-System Developers Join Facebook". https://www.phoronix.com/scan.php?page=news_item&px=MTUzNTE. 
  41. ↑ Wolfgang Gruener (October 26, 2012), "Fusion-io Buzzing Because of Apple, Facebook", Tom's Hardware
  42. ↑ Rex Crum, (Jan. 31, 2013) "Fusion-io Falls 12% on Apple, Facebook Order Delays", Wall Street Journal
  43. ↑ Chris Mellor (9th August 2013), "Flash angel Fusion-io flies too close to Facebook, Apple, plummets to Earth", The Register
  44. ↑ "Fusion-io's CEO Discusses F2Q 2014 Results - Earnings Call Transcript". January 22, 2014. http://seekingalpha.com/article/1961221-fusion-ios-ceo-discusses-f2q-2014-results-earnings-call-transcript. 
  45. ↑ "1.1 A scalable block layer for high-performance SSD storage". Linux 3.13. kernelnewbies.org. 2014-01-19. http://kernelnewbies.org/Linux_3.13#head-3e5f0c2bcebc98efd197e3036dd814eadd62839c. 
  46. ↑ Jonathan Corbet (2013-06-05). "The multiqueue block layer". LWN.net. https://lwn.net/Articles/552904/. 
  47. ↑ "Linux Block IO: Introducing Multi-queue SSD Access on Multi-core Systems". kernel.dk. ACM. 2013. http://kernel.dk/systor13-final18.pdf. 
  48. ↑ Hellwig, Christoph (12 June 2014). "scsi-mq". https://lkml.org/lkml/2014/6/12/347. 
  49. ↑ Leaving Fusion-io, Jens Axboe, Lkml.org, 2014-01-24.
  50. ↑ SanDisk to buy Fusion-io to boost flash storage business, Reuters , 2014-06-16.
  51. ↑ Sandisk completes acquisition of Fusion-io, Sandisk, 2014-07-23.
  52. ↑ "Fusion-io". DEMO Fall 2008 conference alumni information. IDG. http://www.demo.com/ehome/custom/29414/body.php?attendeeid=2477611. 
  53. ↑ Chris Preimesberger (April 6, 2009). "Fusion-io, HP Team Up for 1M IOPs, 8G-bps Throughput Benchmark Session". eweek. http://www.eweek.com/c/a/Data-Storage/Fusionio-HP-Team-Up-for-1M-IOPs-8GBs-Throughput-Ben-362772/. [yes|permanent dead link|dead link}}]
  54. ↑ Fusion-io (March 3, 2009). "Fusion-io Joins with HP to Accelerate Enterprise Server Application Performance for HP BladeSystem Customers". Press release. http://www.fusionio.com/PDFs/Pressrelease_Pressrelease_HP_Bladeserver.pdf. 
  55. ↑ "Fusion-io and IBM Team to Improve Enterprise Storage Performance". Fusion-io. 2008-09-03. http://www.fusionio.com/press/Fusion-io-and-IBM-Team-to-Improve-Enterprise-Storage/. 
  56. ↑ Barry Whyte (August 20, 2008). "1M IOPs from Flash - actions speak louder than words". IBM. https://www.ibm.com/developerworks/mydeveloperworks/blogs/storagevirtualization/entry/1m_iops_from_flash_actions?lang=en. 
  57. ↑ "IBM Solid State Storage - PCIe Adapters". IBM. http://www-03.ibm.com/systems/storage/disk/ssd/ssd_adapters.html. 
  58. ↑ Chris Preimesberger (December 9, 2009). "IBM Hooks Up with Wozniak, Fusion-io in OEM Pact for SSDs". eweek.com. http://www.eweek.com/c/a/Data-Storage/IBM-Hooks-Up-with-Wozniak-Fusionio-in-OEM-Pact-for-SSDs-804816/. 

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