2024 Revenue
$23.7M
Funding
$2M
YOY
75.6%
Team
191
Founded
2002
How iXsystems CEO Michael Lauth grew to $23.7M revenue with a 191 person team in 2024.
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | iXsystems Hit $23.7m revenue in October 2024 | |
| 2023 | iXsystems Hit $13.5m revenue in October 2023 | |
| 2021 | iXsystems Hit $7.6m revenue in April 2021 | |
| 2002 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2009 | Funding round | $2M | - | - |
Founder / CEO
Michael Lauth
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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.
| Year | Milestone |
|---|---|
| 2024 | Reached 191 employees (December 2024) |
| 2024 | Reached 192 employees (October 2024) |
| 2023 | Reached 192 employees (October 2023) |
| 2022 | Reached 166 employees (October 2022) |
| 2021 | Reached 130 employees (December 2021) |
| 2021 | Reached 109 employees (April 2021) |
Frequently Asked Questions about iXsystems
What is iXsystems's revenue?
iXsystems generates $23.7M in 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.
How many employees does iXsystems have?
iXsystems has 191 employees.
Where is iXsystems headquarters?
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.
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