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Nevex is led by a group of serial entrepreneurs now on their fourth start-up, having focused on areas such as network attached translation and technology and usability in the past. The past start-ups have all been 100 per cent channel-focused, said Nevex product manager Andrew Flint. With Nevex, Flint said they've set out to tackle application performance and I/O caching.

Texas Memory Systems (TMS) has announced their partnership with NEVEX Virtual Technologies, a Toronto-based developer of application optimized caching solutions, to develop joint solutions that will supercharge the performance of VMware and Microsoft Hyper-V virtual applications implemented on TMS' Flash-based SSD storage devices.

The three founders of startup tech company Nevex Virtual Technologies Inc. who have been working together for about 20 years and have successfully developed, grown and sold several businesses between them, netting stakeholders more than $300-million in value.

The cache optimization technology of Nevex Virtual Technologies CacheWorks 1.0 lets data storage administrators accelerate specific data by application, file type and location. The product installs on physical and virtual servers, and offloads I/O from primary storage to local high-performance media so storage is used for capacity, not overprovisioned for performance.