Nexodata Inc.

What it does

"Nexodata Inc. is a deeptech company specializing in enterprise, AI, insurtech, and sustainability solutions. Focused on protecting enterprises from data loss, Nexodata revolutionizes ransomware protection and data operations resiliency. By integrating with existing datacenter storage operations, their product offers comprehensive protection against data leakage, faster disk/site failure repairs, and reduced storage capacity and energy consumption. A key innovation of Nexodata is network coding, a patented technique that enhances data retrieval speed, storage efficiency, and repair capabilities across multiple storage nodes. Developed in collaboration with a top 10 university's computer and communications research lab, their product caters to large corporate enterprises seeking straightforward integration with existing data storage environments. Nexodata's solution has diverse applications, from cloud tiering to fault tolerance and mission-critical disaster recovery, making it a vital tool for enhancing data security and operational efficiency."