Xsigo Systems operated as a privately held company in San Jose, CA and funded by Kleiner Perkins, Khosla Ventures,[4] North Bridge Venture Partners, and Greylock Partners.

[5] Ashok Krishnamurthi served as vice-chairman of the company who also previously held the positions of Vice President and General Manager of the infrastructure product line at Juniper Networks, prior to Xsigo Systems.

[5][9][10][11][12][13] Xsigo Systems' product, the I/O Director, is a hardware and software device that consolidates data center infrastructure and streamlines server I/O management.

Using the Xsigo I/O Director, users provision I/O resources on live servers, without disrupting network and storage configurations, and without physically entering the data center.

[3][15] Xsigo awards and achievements include The Wall Street Journal Technology Innovation Award in the Network / Internet Technologies category, being named Storage Magazine's Product of the Year in the networking equipment category; also being identified by Byte and Switch as a Top 10 Storage Startup to Watch; also being named by Virtualization Review Magazine as Take Five: Innovative Vendor; and being identified by eWeek as a Top 10 Disruptive New Storage Technology.