VARINDIA IT MAGAZINE

NxtGen Datacentre & Cloud Technologies, the IT infrastructure services company, headquartered in Bengaluru, has raised $13.5 million from International Finance Corporation (IFC), a member of the World Bank Group; international investment firm, Axon Partners Group; and Intel Corporation’s global investment organization, Intel Capital; as part of series B funding for expansion activities. The financing will be used to complete a high-density data centre facility in Bangalore and increase further investments into cloud infrastructure. NxtGen currently has two data centers in India – in Mumbai and Bengaluru – and has offices in four major metros – Bengaluru, Mumbai, Chennai and Delhi. It has 105 employees and 200+ channel partners taking its services to market. nxtgen logo NxtGen raises $13.5 Million from IFC, Axon Partners Group and Intel Capital“This second round of funding will enable us to further strengthen our growth plans in India and initiate our international strategy. ...

NxtGen has outperformed Amazon Web Services and Rackspace in the price-performance metric for cloud servers, according to an independent benchmarking report by Cloud Spectator, a leading US-based industry consultant in performance and pricing analysis for the IaaS marketplace. According to the latest Cloud Spectator report, NxtGen Enterprise Cloud Services (ECS) has displayed strong price-performance metric, providing the most value across all five use cases examined in the study. For this study, Cloud Spectator evaluated performance by benchmarking the virtual machines (VM) using industry accepted tools: Geekbench 3, FIO and Iperf tests. The respective benchmarks measured vCPU & memory, storage, and internal network. The testing ensued over the course of a five-day period in March, for ensuring sustained performance requirements by the enterprises and pricing was examined in conjunction with the performance tests. A.S. Rajgopal, MD & CEO, NxtGen Datacenter & Cloud T...