This round is no longer accepting investments, but hundreds just like it are live now.

Log In


Making Data Alive™

Smart IOPS builds leading-edge data storage and analysis products that enable next-generation applications requiring quick and reliable access to data. Our first product was ready for the market in 2021 after 8 years of research and development (R&D). We have a marquee list of customers like NASA, The Trade Desk, and LexisNexis, and our revenue has tripled in the first half of 2022 versus the whole of 2021. We address a large and rapidly growing market with differentiated technology protected by a strong portfolio of patents. As data continues to be central to almost all existing and emerging applications, we believe Smart IOPS has potential for growth over the coming years.

This Reg CF offering is made available through StartEngine Capital, LLC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment.

$360,548.51 Raised


The enterprise Solid State Device (SSD) market is a $20 billion market and is forecasted to grow to $46 billion by 2030.

We believe we are one of the performance leaders in this large enterprise SSD market.

Our robust patent portfolio protects technology leadership with 16 US patents granted and several more in the pipeline.


In today’s world -  Data is king 

Solid State Devices (SSDs) seemingly are the technology of choice for applications that need fast storage access - like NASA’s servers that need to sift through a large amount of data to search for new exo-planets, or a bank’s fraud protection software that needs to access data quickly to decide if the incoming credit-card transaction is genuine. At Smart IOPS, we accelerate data storage and analysis in an efficient and cost-effective manner

Designing and producing high-end enterprise class SSDs, we think of ourselves as the elite sports car company of the data storage industry. Our patented, novel TruRandom® technology enables a high number of random IO operations possible - to not only store terabytes of data, but do it with remarkably low IO latency (or delay). Our internal research shows that our technology can deliver superior latency with high random IO performance.

Why is random IO so important? When many isolated data accesses converge on a single storage node - like when many people simultaneously try to shop for different items - the data access pattern looks very random. 

If a storage device can deliver higher random read/write accesses while keeping the delays in check, the performance of the overall computing system improves.

the problem

IO accesses have been lagging

In the computer arena, the speed of Input/Output (IO) access to data storage  lagged, according to our research. Arguably too much focus has been given on CPU performance, however there are many applications whose performance are largely limited by slow IO accesses - such as databases, machine learning, data analytics, etc.

As a result, the current SSD products in the market result in a sub-par system, leaving much performance on the table.

This is why we are enabling improved product offerings for companies building solutions that require rapid and reliable access to data.


Focused on speed, consistency, and random IO accesses

We strive to deliver top-notch NVMe (Non Volatile Memory express, a fast PCIe based interface) SSD performance and enable our customers the power to transform their business with our Data Engine™ PCIe NVMe SSDs.

Our enterprise class SSDs are capable of pushing 1.7 million random read IOPS. Moreover, we plan to deliver our next generation SSD product in the future that should almost double the random read IO performance. Our random write IO performance of 600,000 is one of the best in the industry as far as we know. We think this puts our product on a whole other level. We are not aware of any product in the same class that can do this kind of IO performance and low latency in the market anywhere.

Smart IOPS wants to solve a wide range of storage performance challenges for our customers. Directly plugged into the motherboard PCIe slot - our Data Engine™ NVMe SSDs are backwards compatible, offer extremely high performance per square inch and deployed in high-end enterprise grade servers with PCIe slots.

To put that into perspective, for this level of performance, data centers and enterprises would spend a fortune on storage arrays and high-performance computing servers to enable faster data storage and analysis, according to our research. Our Data Engine™ SSDs enable better performance in a cost-effective manner with a much smaller footprint.

Our Unobtanium™ FN Storage Class memory is a card that comes in 800 GB, 1.6 TB, and 3.2 TB capacities. This drive is categorized as storage class memory - thanks to its incredibly low latency - making the drive absolutely top notch in our view. 

Furthermore, we are planning in our roadmap to introduce a new category of high-end SSD geared towards the media & entertainment and high-end gaming market. Stay tuned for the announcement.

We have a business model similar to other major data storage companies, however, what makes us unique is our proprietary controller technology and our highly fine-tuned firmware that enables higher performance, better quality, and greater ROI in our view.

We believe our truRandom® technology takes Smart IOPS’ SSDs to even higher peaks of performance. It reduces input/output access latency and increases the number of random input/output operations of the data storage drives.

The truRandom® technology comprises a full turn-key solution from the ground-up including robust printed circuit board (PCB) and thermal heat-sinks, our proprietary high performance controller, a highly fine tuned firmware, and the associated drivers.

We have 16 patents granted and several more in the pipeline. Our company continues to innovate with the goal of bringing better storage products to the market in terms of quality and performance.


Storage market is forecasted to grow for the next several years

The data storage demand is on a massive rise over the past few years, which is expected to witness an increasing trend over the forecast period as well. The SSD market was valued at $34.86 billion in 2020, expecting to hit $90.10 billion by 2026 at a CAGR of 17.2% (source).

Not to mention, the global Enterprise SSD market size was valued at $17.85 billion in 2020, and is projected to reach $46.89 billion by 2030 at a CAGR of 10.2% (source).

We address quite a few markets, which makes sense when it comes to our revenue thus far.

We think we stand out in the market because of our focus on the high-end data storage market segment - think back to us as the elite sports car of storage. Because this segment seemingly poses a high barrier to entry for competition, it has the potential to command higher margins. 

According to our research, most SSD vendors happen to also be NAND chip manufacturers, so naturally, their goal is to sell more NAND devices. Unlike them, we believe Smart IOPS solves a wider array of performance challenges.

That means…

  • Our truRandom® technology offers uncompromising quality and performance
  • Our SSD products are painstakingly fine-tuned for enterprise applications like databases
  • Our storage modules are free to use best NAND ICs
  • We are passionate about delivering the winning products


Growing list of marquee customers and partners

Smart IOPS started generating revenue in 2021, and our products have been purchased by large companies and organizations like NASA, Oakridge National Lab, Verizon Media, The Trade Desk, Threat Matrix (part of LexisNexis), among others.

Our drive performance is vetted by a 3rd party database company called Aerospike. They found our drive to be the best performing in its class. The independent evaluation conducted by the Aerospike team demonstrated that our drives yielded the highest performance in terms of number of transactions per second (TPS) while serving low latency (source).

We are qualified on AutoDesk Flame software used for media and entertainment graphics editing as a stand-alone SSD product due to our quality and performance (source).

Over the course of many years we have formed partnerships across the globe with key distributors, manufacturers, component suppliers, and sales partners. There is also a lot of work done to develop equipment and software automation for QA and validation of our products prior to shipping. We are committed to maintaining and improving our operational excellence to supply high-quality products to our customers.  

We are mindful of the fact that quality sells. That’s why we specifically architected our storage controller for high random IO accesses coupled with a fine-tuned firmware. The result is our Data Engine™ series of SSD products that are currently selling. With this scalable design, we think we are well positioned to be one of the leaders in the market with potential to grow.

We go beyond vanilla when it comes to solid state drives – we go truRandom®.

Why Invest

Data is growing exponentially 

And with that, the need for storing, accessing, and analyzing the data in a meaningful way is also growing. We see ourselves becoming one of the pillars in the electronic data storage segment. Heading in that direction, we are working on a new paradigm called Storage Computing. To us, it’s the natural next phase, addressing any computation that utilizes large amounts of data that can’t easily be stored on a processor’s DRAM. 

We wish to bring to the enterprises and data-centers a cohesive and cost-effective infrastructure solution that is distributed, scalable, and integrated with data related compute needs. Our product is selling to a diverse and prominent customer base, and we believe we have the potential for growth. We not only want to help make better storage more accessible, but also hope to make good returns for our investors. 

Please visit for more information about our company.

Bold (⌘B)


1551 McCarthy Blvd, Suite 208
Milpitas, CA 95035

Smart IOPS builds leading-edge data storage and analysis products that enable next-generation applications requiring quick and reliable access to data. Our first product was ready for the market in 2021 after 8 years of research and development (R&D). We have a marquee list of customers like NASA, The Trade Desk, and LexisNexis, and our revenue has tripled in the first half of 2022 versus the whole of 2021. We address a large and rapidly growing market with differentiated technology protected by a strong portfolio of patents. As data continues to be central to almost all existing and emerging applications, we believe Smart IOPS has potential for growth over the coming years.


Ashutosh Das
Ashutosh Das
President, CEO and Director

Mr. Das is founder and CEO of Smart IOPS. Prior to forming Smart IOPS, he held the position of Director of Advanced Technology at Juniper Network. While in Juniper Mr. Das was responsible for putting together next generation of IC technology team focused on delivering next generation of networking ICs. Mr. Das has over 28 years of industry experience. Previously Mr. Das was engaged in the formation of two other companies. Apart from his business acumen, Mr. Das brings deep understanding and knowledge of designing complex systems spanning across multiple discipline, and deliver the completed product to market. Througout his career Mr. Das has been involved in pioneering projects in Intel, Sun Microsystems, Nexsi Systems, Juniper Networks, to name a few. Mr. Das has been granted several paents and holds a Master of Science degree in Electrical Engineering from Arizona State University.

Manuel D'Abreu
Manuel D'Abreu
Senior VP and Chief Scientist

Dr. d’Abreu is the co-founder and SVP R&D at Smart IOPS. An IEEE Life Fellow before founding Smart IOPS, Dr. d’Abreu was a senior Fellow at AMD and SanDisk, where most recently at the company’s Corporate Engineering organization he applied his expertise in memory management and error correction. Dr. d’Abreu has more than 40 years of experience in the semiconductor industry. His experience and expertise spans the system-on-chip and system-in- package design, test and manufacturing disciplines, Signal processing, Fault Tolerant Computing, as well as flash storage technology and coding theory. As an active member of the professional high tech community, he is a special advisor to the National Science Foundation and an Adjunct Professor at Santa Clara University. His work has been published at more than 50 technical conferences and in industry technical journals. He has been granted 45 patents. He holds a Ph.D. from the University of Texas at Austin.

Radhakrishnan (RK) Nair
Radhakrishnan (RK) Nair
Chief Operating Officer and Director

Prior to co-founding Smart IOPS, Mr. Nair served as Director of Systems Engineering at SanDisk. Mr. Nair has extensive experience in developing flash memory-based systems and holds several patents in computer and storage systems. Mr. Nair has over 28 years of experience developing storage systems, microprocessors and ASICs, and hundreds of millions of units of such products have been sold globally. His prior experience includes engineering leadership at Micron, HAL Computer Systems, S3 and C-DoT. Mr. Nair is a mentor to several start-ups that have successfully evolved into revenue and volume production. Mr. Nair received a B.S. in Electronics and Communication Engineering from University of Kerala, and M.S. in Electrical Engineering from Stanford University.


Smart IOPS
Jan 13, 2023
$10k - $1.07M
Common Stock
CF Common Stock

Maximum Number of Shares Offered subject to adjustment for bonus shares

*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Company Perks*


Early Bird Bonus

Invest within the first 2 weeks and receive 5% bonus shares.


Investor Perk 1 | $1,000+

Invest $1,000+ and receive two coupons for a 10% discount on our High Perf Edition SSDs that are listed on The coupon will be valid for our upcoming SSD series including Gaming Edition and Storage Class Memory Edition when they are listed on in the future. All coupons expire after 12 months.

Investor Perk 2 | $2,000+

Invest $2,000+ and receive five coupons for a 10% discount on our High Perf Edition SSDs that are listed on The coupon will be valid for our upcoming SSD series including Gaming Edition and Storage Class Memory Edition when they are listed on in the future. All coupons expire after 12 months.

Investor Bonus 1 | $10,000+

Invest $10,000+ and receive everything in Investor Perk 2 plus 5% bonus shares.

Investor Bonus 2 | $25,000+

Invest $25,000+ and receive everything in Investor Perk 2 plus 12% bonus shares. You will also be eligible to receive a black T-Shirt with the SmartIOPS logo and "Smart IOPS Investor" written on the front in orange.

*All perks occur when the offering is completed.

The 10% StartEngine Owners’ Bonus

Smart IOPS will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer’s bonus. 

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common CF Stock at $1.86/ share, you will receive and own 110 shares of Common CF Stock for $186. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share. This 10% Bonus is only valid during the investors eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail. 

Investors will receive the highest single bonus they are eligible for among the bonuses based on the amount invested and time of offering elapsed (if any). Eligible investors will also receive the Owner’s Bonus in addition to the aforementioned bonus

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Salary payments made to one’s self, a friend or relative. Any expense labeled “Administrative Expenses” not strictly for administrative purposes. Vendor payments. Inter company debt or back payments. Any expense labeled “Travel and Entertainment”.



See Smart IOPS in news - LAST DAY INVEST NOW

Dear Investors and Campaign Followers,

Happy New Year to you and your loved once!

Smart IOPS was in news recently. We are sharing the links below to the news articles written by industry analyst about us. Hope you find them informative.

This is the LAST DAY of the Start Engine campaign. If you are interested, please INVEST AS SOON AS POSSIBLE.

Smart IOPS Team


Notice of Material Change in Offering

[The following is an automated notice from the StartEngine team].

Hello! Recently, a change was made to the Smart IOPS offering. Here's an excerpt describing the specifics of the change:

Issuer is extending the campaign end date

When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.


Our Community Joins In! | Insider Investment Notice

We're excited to see our community come in and invest in Smart IOPS! Our insiders have invested a total of $31,002.48 into the offering. We hope you join in as well!

Invest in Smart IOPS.

Please refer to the Company’s offering materials for further information and refer to the Company’s Risk Factors.

Smart IOPS Team


Smart IOPS Crosses 100K Funding

Many thanks to our early investors for your trust and support!

We request our campaign followers to invest soon and help move the round forward


We are thankful for your trust and support, please get-in soon for the Early Bird Bonus

Dear Investors and Campaign Followers,

We are grateful to the folks who invested so far.

We are also thankful for the positive comments that we see. The market is indeed big and having a quality and differentiating product is very helpful in closing the sales and gaining market share. Just to put things in perspective, a 100 million of revenue in a 20 billion large market represents about 0.5% of market share. Moreover the enterprise SSD market is growing and it is usually easier to gain market share in a growing market. With our investors' support, we are hopeful to get to there in future.

Also, a couple of thoughtful questions related to financials allowed us to clarify items that were probably not so obvious from the statements. We are thankful for those comments.

The Early Bird Bonus is expiring very soon in next 4 days. Please move quickly and get in if you are planning to invest. We are expecting some investment from our previous investors as well in next few days.

Smart IOPS Team


Smart IOPS Funding is Now Live

Dear Investors and Campaign Followers,

This is our first update and we thought it would be good to share a little bit about ourselves. We founded Smart IOPS in 2013 with the goal to bring a top-notch storage solution to market. Our team, that we put together carefully over the course of time, has experience working in large technology companies like Intel, Juniper Networks, SanDisk/Western Digital, Toshiba, AMD, Broadcom, Sun Microsystems (now Oracle) among others.

We took an uncompromising approach and built the whole solution from scratch including a new groundbreaking chip architecture, a highly fine-tuned firmware, and a robust PCB. Add to this the long hours of toil and pretty much not giving up every time we thought it was just too hard. End result is amazing, we have delivered one of the best enterprise solid state devices in the industry.

Company has raised around $13M since inception in equity and debt financing to complete the research and development of our initial product. Now the next phase for us is to go make some sales. And we see some great early success with marquee customers. We look forward to building on this momentum with your help. Please invest!

And by the way, there are only 9 days left for our early bird discount. Checkout our funding page at

Smart IOPS Team

Owners bonus
Stack Owner's Bonus & Rewards!

Members get an extra 10% shares in addition to rewards below!


Multiple investments in an offering cannot be combined to qualify for a larger campaign perk. Get rewarded for investing more into Smart IOPS.



Carmelia Matsko

8 months ago

Does SmartIops have their own foundry, or are outsourced somewhere in the South China Sea? Cheers!



Carmelia Matsko

8 months ago

How many people do you employ, and any long term debit? Any free cash flow and operating cash to speak of? Thanks!



Kushagra Vader

9 months ago

As a senior executive in the technology environment, have had a lot of experience evaluating early-stage technologies. For an early-stage company to be successful it must have a disruptive technology. The Smart IOPS technology seems to be solid and more advanced than the current technologies. This seems like a great opportunity to get involved with a new player in the multi-billion-dollar storage market. They seem to be getting quite a bit of traction.



Emanuel Papadakis

9 months ago

I am looking at your financial statements and I am puzzled. Perhaps it is my lack of experience. In 2021 you report about 1.2M in administrative costs and COGS higher than the sales proceeds. So you make sales at a loss. Can you explain the long-term financial picture of the company since your administrative cost is very high and I don't see any development cost in the statement? You are raising 1.07M, but this will cover less than a year of admin expenses per your 2021 FY statements. Can you explain how the proceeds of this raise will be used? The cash the company has can cover only 1/3 of the year's admin cost.



Ric Sin

9 months ago

The high performance SSD technology is outstanding. High Performance Computing and Cloud providers need this high performance, reliability and low latency technology. As a savvy technology investor this seems to be a great technology to invest in compared to older existing technology from established companies. This company seems to be gaining strong momentum in the industry with customers like NASA Super computing, Ad platform leader - The Trade Desk, Risk management leader like Lexis Nexis, Large Telecom company like China Telecom, and government entities like Oak Ridge National Labs. Believe this to be a potential billion $$ company like an early stage Nvidia.



bryian Tan

9 months ago

What Mr. Wonderful gonna say?



Varun Gupta


9 months ago

Revenue for 2021 was $326k, for first half of 2022 is $1M and assuming same for this half, total will be $2M. Right now price to sales ratio for the company is 60, valuation is pretty high. What are the revenue projections for next 5 years which can justify this valuation? Secondly, company is not profitable, when do you think you will reach break-even point?




Cancel anytime before 48 hours before a rolling close or the offering end date.



We want you to succeed and get the most out of your money by offering rewards and memberships!


Your info is your info. We take pride in keeping it that way!


Invest in over 200 start-ups and collectibles!

With Regulation A+, a non-accredited investor can only invest a maximum of 10% of their annual income or 10% of their net worth per year, whichever is greater. There are no restrictions for accredited investors.

With Regulation Crowdfunding, non-accredited investors with an annual income or net worth less than $124,000, are limited to invest a maximum of 5% of the greater of those two amounts. For those with an annual income and net worth greater than $124,000, he/she is limited to investing 10% of the greater of the two amounts.

At the close of an offering, all investors whose funds have “cleared” by this time will be included in the disbursement. At this time, each investor will receive an email from StartEngine with their Countersigned Subscription Agreement, which will serve as their proof of purchase moving forward.

Please keep in mind that a company can conduct a series of “closes” or withdrawals of funds throughout the duration of the campaign. If you are included in that withdrawal period, you will be emailed your countersigned subscription agreement and proof of purchase immediately following that withdrawal.

StartEngine assists companies in raising capital, and once the offering is closed, we are no longer involved with whether the company chooses to list shares on a secondary market, or what occurs thereafter. Therefore, StartEngine has no control or insight into your investment after the close of the live offering. In addition, we are not permitted to provide financial advice. You may want to contact a financial professional to discuss possible investment outcomes.

For Regulation Crowdfunding, investors are able to cancel their investment at any point throughout the campaign up until 48 hours before the closing of the offering. Note: If the company does a rolling close, they will post an update to their current investors, giving them the opportunity to cancel during this timeframe. If you do not cancel within this 5-day timeframe, your funds will be invested in the company, and you will no longer be able to cancel the investment. If your funds show as ‘Invested’ on your account dashboard, your investment can no longer be canceled.

For Regulation A+, StartEngine allows for a four-hour cancelation period. Once the four-hour window has passed, it is up to each company to set their own cancelation policy. You may find the company’s cancelation policy in the company’s offering circular.

Once your investment is canceled, there is a 10-day clearing period (from the date your investment was submitted). After your funds have cleared the bank, you will receive your refund within 10 business days.

Refunds that are made through ACH payments can take up to 10 business days to clear. Unfortunately, we are at the mercy of the bank, but we will do everything we can to get you your refund as soon as possible. However, every investment needs to go through the clearing process in order to get sent back to the account associated with the investment.

Both Title III (Regulation Crowdfunding) and Title IV (Reg A+) help entrepreneurs crowdfund capital investments from unaccredited and accredited investors. The differences between these regulations are related to the investor limitations, the differing amounts of money companies are permitted to raise, and differing disclosure and filing requirements. To learn more about Regulation Crowdfunding, click here, and for Regulation A+, click here.


@ 2022 All Rights Reserved

Apple Store Logo

Get To Know Us

Our Team



Important Message


Unless indicated otherwise with respect to a particular issuer, all securities-related activity is conducted by regulated affiliates of StartEngine: StartEngine Capital, LLC, a funding portal registered here with the US Securities and Exchange Commission (SEC) and here as a member of the Financial Industry Regulatory Authority (FINRA), or StartEngine Primary, LLC, a broker-dealer registered with the SEC and FINRA/SIPC . You can review the background of our broker-dealer and our investment professionals on FINRA’s BrokerCheck here. StartEngine Secondary is an alternative trading system regulated by the SEC and operated by StartEngine Primary, LLC, a broker dealer registered with the SEC and FINRA. StartEngine Primary, LLC is a member of SIPC and explanatory brochures are available upon request by contacting SIPC at (202) 371-8300.

Investment opportunities posted and accessible through the site are of three types:

1) Regulation A offerings (JOBS Act Title IV; known as Regulation A+), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Primary, LLC (unless otherwise indicated). 2) Regulation D offerings (Rule 506(c)), which are offered only to accredited investors. These offerings are made through StartEngine Primary, LLC. 3) Regulation Crowdfunding offerings (JOBS Act Title III), which are offered to non-accredited and accredited investors alike. These offerings are made through StartEngine Capital, LLC. Some of these offerings are open to the general public, however there are important differences and risks.

Any securities offered on this website have not been recommended or approved by any federal or state securities commission or regulatory authority. StartEngine and its affiliates do not provide any investment advice or recommendation and do not provide any legal or tax advice with respect to any securities. All securities listed on this site are being offered by, and all information included on this site is the responsibility of, the applicable issuer of such securities. StartEngine does not verify the adequacy, accuracy or completeness of any information. Neither StartEngine nor any of its officers, directors, agents and employees makes any warranty, express or implied, of any kind whatsoever related to the adequacy, accuracy, or completeness of any information on this site or the use of information on this site. See additional general disclosures here.

By accessing this site and any pages on this site, you agree to be bound by our Terms of use and Privacy Policy, as may be amended from time to time without notice or liability.

Canadian Investors Investment opportunities posted and accessible through the site will not be offered to Canadian resident investors. Potential investors are strongly advised to consult their legal, tax and financial advisors before investing. The securities offered on this site are not offered in jurisdictions where public solicitation for offerings is not permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence.

California Investors Only – Do Not Sell My Personal Information (800-317-2200). StartEngine does not sell personal information. For all customer inquiries, please write to

StartEngine’s Reg A+ offering is made available through StartEngine Crowdfunding, Inc. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. For more information about this offering, please view StartEngine’s offering circular and risk associated with this offering.