Violin Systems

OverviewSuggest Edit

Violin Systems (formerly Violin Memory) is a company providing enterprise storage solutions. It offers data storage platforms, enterprise software, and architecture products for online payment processing, big data analytics and warehousing, and other applications. The company serves financial markets, communication, and healthcare and wellness industries.

TypePrivate
Founded2005
HQSan Jose, US
Websiteviolinsystems.com
Employee Ratings2.3

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Latest Updates

Employees (est.) (Feb 2020)96(-2%)
Revenue (FY, 2016)$50.9 M
Share Price (Dec 2016)$0.1 (+18%)

Key People/Management at Violin Systems

Todd Oseth

Todd Oseth

Chief Executive Officer
Bob Antoniazzi

Bob Antoniazzi

Vice President, Operations
Bill Wong

Bill Wong

Vice President, Engineering
Tim Cullen

Tim Cullen

Vice President, Sales
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Violin Systems Office Locations

Violin Systems has offices in San Jose and Colorado Springs
San Jose, US (HQ)
2560 N 1st St #300
Colorado Springs, US
2375 Telstar Dr #150
Show all (2)

Violin Systems Financials and Metrics

Summary Metrics

Founding Date

2005

Time since last funding

3 years ago

Violin Systems investors

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Violin Systems Revenue

Violin Systems's revenue was reported to be $50.87 m in FY, 2016 which is a 36% decrease from the previous period.
USD

Revenue (Q2, 2017)

7.5m

Gross profit (Q2, 2017)

206.0k

Gross profit margin (Q2, 2017), %

2.7%

Net income (Q2, 2017)

(20.6m)

EBIT (Q2, 2017)

(18.9m)

Cash (31-Jul-2016)

19.1m
Annual
USDFY, 2016

Revenue

50.9m

Revenue growth, %

(36%)

Cost of goods sold

28.6m

Gross profit

22.3m
Quarterly
USDQ1, 2017Q2, 2017

Revenue

9.7m7.5m

Cost of goods sold

5.8m7.3m

Gross profit

3.9m206.0k

Gross profit Margin, %

40%3%
Annual
USDFY, 2016

Cash

23.9m

Accounts Receivable

5.3m

Inventories

12.0m

Current Assets

97.5m
Quarterly
USDQ1, 2017Q2, 2017

Cash

20.2m19.1m

Accounts Receivable

3.9m2.6m

Inventories

11.5m9.8m

Current Assets

67.5m50.2m
Annual
USDFY, 2016

Net Income

(99.1m)

Depreciation and Amortization

8.7m

Inventories

(1.6m)

Accounts Payable

(7.8m)
Quarterly
USDQ1, 2017Q2, 2017

Net Income

(22.2m)(42.7m)

Depreciation and Amortization

2.0m4.1m

Inventories

(140.0k)(1.8m)

Accounts Payable

(2.3m)(1.3m)
USDY, 2016

Debt/Equity

-1.4 x

Debt/Assets

1.9 x

Financial Leverage

-0.7 x
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Violin Systems Operating Metrics

Violin Systems's Enterprise Customers was reported to be 350 in FY, 2016.
FY, 2016Nov, 2019

Enterprise Customers

350

Patents (Foreign)

65

Patents (US)

45

Products

5
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Violin Systems Revenue Breakdown

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Violin Systems revenue breakdown by geographic segment: 63.3% from Americas, 22.1% from Europe and 14.6% from Asia Pacific

Violin Systems Online and Social Media Presence

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Violin Systems Blogs

Get Extreme Performance with Flash sans NVMe Today.

NVMe has been one of the hottest topics in the storage industry for a while now.  Rightfully so, it is making an impact in the storage industry and moving computing forward.  For storage vendors and customers alike, it is important to be ready as certain aspects of NVMe become standard. …

Renovate or Buy New - Finding your best path to Modernization.

With all the technology approaches in the market place to modernize IT, it is a challenge to maneuver through all the noise and figure out which is the best approach for you and your company.   Whether you are considering cloud, hyper-converged, revolutionary database products, or a new …

The Acquisition of X-IO Storage

Today, Violin Systems signed an agreement to acquire X-IO Storage.  This is big. Here is why we are doing it.

The Fastest Enterprise Storage in The World

Today we announced a really cool new product called the XVS 8. In a nutshell, we made the fastest enterprise storage in the world – faster. Speed, and by speed, I mean ultra-low latency, can do some amazing things. It does the obvious, it lets your applications run faster, increasing pro…

My Coffee, IoT & 5G: Latency Demand Continues

I was having coffee with a friend of mine a few weeks ago and he was talking about some new phone coming out that would be 5G ready.  Now, I’m not a big “phone” guy and my friend is not in any a “Technology” guy, at least not that he realizes. As a matter of fact, he often picks at me…
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Violin Systems Frequently Asked Questions

  • When was Violin Systems founded?

    Violin Systems was founded in 2005.

  • Who are Violin Systems key executives?

    Violin Systems's key executives are Todd Oseth, Bob Antoniazzi and Bill Wong.

  • How many employees does Violin Systems have?

    Violin Systems has 96 employees.

  • What is Violin Systems revenue?

    Latest Violin Systems annual revenue is $50.9 m.

  • What is Violin Systems revenue per employee?

    Latest Violin Systems revenue per employee is $529.9 k.

  • Who are Violin Systems competitors?

    Competitors of Violin Systems include DataCore Software, Robin Systems and UNIFi Software.

  • Where is Violin Systems headquarters?

    Violin Systems headquarters is located at 2560 N 1st St #300, San Jose.

  • Where are Violin Systems offices?

    Violin Systems has offices in San Jose and Colorado Springs.

  • How many offices does Violin Systems have?

    Violin Systems has 2 offices.