simplyblock
simplyblock is a technology company.
Financial History
simplyblock has raised $3.0M across 1 funding round.
Frequently Asked Questions
How much funding has simplyblock raised?
simplyblock has raised $3.0M in total across 1 funding round.
simplyblock is a technology company.
simplyblock has raised $3.0M across 1 funding round.
simplyblock has raised $3.0M in total across 1 funding round.
Simplyblock is a German deep-tech startup founded in 2022 that builds an NVMe over TCP unified high-performance storage platform optimized for IO-intensive workloads in Kubernetes and cloud-native environments.[1][2][3][5] It serves enterprises in sectors like technology, FinTech, Blockchain, Media, and databases (SQL, NoSQL, Vector, Graph), solving pain points of complex, costly, and underperforming legacy storage by delivering elastic, low-latency storage with millions of IOPS and sub-millisecond latency.[2][3][4][5] The software unifies disparate storage like Amazon EBS, S3, and local NVMe disks into a single high-performance layer, enabling scalable deployments on AWS, Google Cloud, Azure, and private clouds while cutting costs through intelligent tiering, compression, and overcommitment.[2][5] With $2.75M in seed funding from 42CAP, Antler, Begin Capital, and Neo4j founder Johan Svensson, Simplyblock is expanding its engineering team toward general product availability, showing early momentum in addressing Kubernetes storage bottlenecks for data-intensive apps.[2]
Simplyblock originated from CTO Michael Schmidt's frustration with the complexity, inflexibility, performance, and pricing of existing storage solutions in cloud and server markets.[2][4] Drawing on Intel's open-source Storage Performance Development Kit (SPDK), Schmidt prototyped a new storage cluster with NVMe distribution, erasure coding, and remote access.[2][4] He was later joined by CEO Rob Pankow (also Robert), whom he met during an Antler residency in Berlin; together, they formalized the company in 2022 in Teltow, Germany, recruiting early talent in NVMe and distributed storage.[1][2][4] This pivot from individual development to a full startup marked a pivotal moment, uniting a team around solving container storage challenges for databases, analytics, and blockchain workloads.[2][4]
Simplyblock stands out in the crowded storage market through its Kubernetes-native, software-defined design tailored for modern, IO-heavy apps. Key strengths include:
These features position it ahead of competitors like Lightbits Labs or Ceph by prioritizing Kubernetes ease and raw speed for stateful apps.[1][3]
Simplyblock rides the Kubernetes and cloud-native explosion, where stateful workloads like databases and AI/ML demand high-IOPS storage amid surging data volumes from GenAI and real-time analytics.[1][5] Timing is ideal: as enterprises shift to containerized apps on EKS/OpenShift, legacy storage lags in scalability and cost, creating a $XXB market gap for software-defined solutions.[2][6] Favorable forces include NVMe/TCP standardization, SPDK maturity, and multi-cloud adoption, enabling Simplyblock to unify fragmented infra and cut cloud bills via tiering/reduction.[2][5] It influences the ecosystem by easing Kubernetes adoption for IO-intensive apps, potentially accelerating deep-tech innovation in FinTech/Blockchain while challenging hyperscalers' proprietary storage.[3]
Simplyblock is primed for breakout as Kubernetes storage demands escalate, with seed funding fueling engineering growth and product maturity.[2] Next steps likely include general availability, multi-cloud expansions (beyond AWS focus), and enterprise wins in databases/AI infra.[2][6] Trends like GenAI scalability, edge computing, and cost pressures will propel it, evolving its role from niche solver to ecosystem standard—much like how early Kubernetes tools reshaped orchestration. Watch for Series A and partnerships amplifying its high-perf edge in a data-hungry world.[1][5]
simplyblock has raised $3.0M in total across 1 funding round.
simplyblock's investors include 42CAP, Antler, Tobias Tschoetsch.
simplyblock has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in February 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2024 | $3.0M Seed | 42CAP, Antler, Tobias Tschoetsch |