Latka logo

iXsystems Revenue & Funding (2024)

iXsystems generated an estimated $23.7M in annual revenue in 2024. Source: GetLatka estimate

Provider of a cloud storage platform. The company offers cloud based, open source data storage platform that organizations can use in their core IT business infrastructure.

Last updated

iXsystems Revenue

In 2024, iXsystems's revenue reached $23.7M. The company previously reported $13.5M in 2023. Since its launch in 2002, iXsystems has shown consistent revenue growth.

iXsystems Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$5M$10M$15M$20M$25M200220042006200820102012201420162018202020222024$0$7.6M$23.7MSource: GetLatka.com
YearMilestoneSource
2024iXsystems Hit $23.7m revenue in October 2024Estimated
2023iXsystems Hit $13.5m revenue in October 2023Estimated
2021iXsystems Hit $7.6m revenue in April 2021Not recorded
2002Launched with $0 revenue

iXsystems Valuation, Funding Rounds

iXsystems has not publicly disclosed its valuation. The company has raised $2M in total funding to date.

iXsystems has raised $2M in total funding across 1 round, with its most recent round in 2009.

iXsystems Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$500K$0.4$1M$0.6$1.5M$0.8$2M$1$2.5M20022003200420052006200720082009Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2009Funding round$2M--Not recorded

Founder / CEO

Michael Lauth

CEO

Michael Lauth is the CO-Founder and Chief Executive Officer at iXsystems. After 30 years of business experience I have taken on the ultimate challenge of running a company. Through thoughtful planning and hard work iXsystems is moving towards a future of high growth and sustained profits.

Customers

We do not have customer count information for iXsystems yet.

iXsystems Employees & Team Size

iXsystems employs approximately 191 people as of 2026, down from 192 in 2023, including 19 sales reps that carry a quota.

iXsystems Team GrowthReported headcount over time05010015020025020022004200620082010201220142016201820202022202400191191Source: GetLatka.com
YearMilestoneSource
2024Reached 191 employees (December 2024)Not recorded
2024Reached 192 employees (October 2024)Not recorded
2023Reached 192 employees (October 2023)Not recorded
2022Reached 166 employees (October 2022)Not recorded
2021Reached 130 employees (December 2021)Not recorded
2021Reached 109 employees (April 2021)Not recorded

Frequently Asked Questions about iXsystems

What is iXsystems's revenue?

As of 2024, iXsystems generated an estimated $23.7M in annual revenue.

Who founded iXsystems?

iXsystems was founded by Michael Lauth.

Who is the CEO of iXsystems?

The CEO of iXsystems is Michael Lauth.

How much funding does iXsystems have?

iXsystems raised $2M across 1 round.

How many employees does iXsystems have?

As of 2024, iXsystems had 191 employees.

Where is iXsystems headquartered?

iXsystems is headquartered in San Jose, California, United States.

Compare iXsystems to the industry

iXsystems operates across multiple industries. Browse revenue, funding, and growth data for iXsystems in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

Claim this profile