San Diego Business Journal

Some Reports Say Nirvanix Is Planning to Shut Down

Wednesday, September 18, 2013

San Diego-based cloud storage firm Nirvanix Inc. appears to be shutting down, according to reports in computer trade publications.

Those media outlets reported interviews with Nirvanix customers, who said the storage company had notified them about the need to take their data off Nirvanix servers. Information Age and CRN reported speaking with the customers. The Wall Street Journal named two of the customers, adding that they were told they had two weeks to move their data.

A call placed to Nirvanix was not returned.

Nirvanix was founded in 2007 and raised $70 million in venture funding. Khosla Ventures led its $25 million series C round in mid-2012. Existing investors Intel Capital, Mission Ventures, Valhalla Partners and Windward Ventures contributed to the round. At the time, the tech company said it had thousands of customers, including Cerner Corp., International Business Machines Corp., the University of Southern California, National Geographic and Relativity Media.

University City-based Nirvanix recently changed its CEO, appointing Zynga executive Debra Chrapaty to the job in April.

Nirvanix’s competitors include Amazon Web Services.

— SDBJ Staff Report