What does IIX do?
IIX, is global software defined interconnection company. Its Console Platform helps companies in directly connecting to business- critical cloud providers with just a click of a button. Console Inc is an IIX company which was founded for changing the way enterprises connecting to their consumers, partners and vendors. Its enterprise software and interconnection platform helps both enterprise to enterprise and network to network collaboration globally. The Console platform provides enhanced network security, faster business to business direct connect and improved performance.
How much IIX was funded?
IIX raised $26M in Series B funding on November 17th, 2015 from Rajiv Ramaswami, Drew Perkins, AME Cloud Ventures, Formation 8 and New Enterprise Associates.
- $500k Seed funding in 2011
- $2.1M Angel fund on March, 2012 from Golden Triangle Angel Network, Niagara Angel Network and DOT Capital
- $225k on February 20, 2013
- $3M Debt Financing on January, 2014
- $1M on June 27, 2014
- $10.4M in Series A on July 16, 2014 from New Enterprise Associates
- $20M in Debt Financing on April 7, 2015 from TriplePoint Capital
What is next for IIX?
The company plans to use the funding for continuing the growth of its team, expanding its consumer base in North America and EMEA, accelerating its expansion throughout the APAC region. This additional funding arrived just 2 months after IIX has unveiled Console which is a completely automated enterprise software platform which introduces the new concept of Interconnection 2.0.
More about IIX
IIX was founded on April 1, 2011 by Al Burgio. It has its headquarters in Santa Clara, CA. It is a global software defined interconnection company. In March this year, the company has acquired IX Reach Limited further expanding its worldwide interconnection footprint into over 150 Points of Presence across Asia, North America, Europe and Middle East.