Softek Overview

  • Year Founded
  • 2004

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

Softek General Information

Description

Provider of vendor-independent data migration software. The company enables to see, move and recover data, with full customer choice, regardless of server platform or storage vendor. It offers a family of host-based enterprise data migration software, utilizing synchronous, asynchronous and point-in-time copy replication technologies.

Contact Information

Website
www.softek.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • One New Orchard Road
  • Armonk, NY 10504
  • United States
+1 (914)
Primary Industry
Business/Productivity Software
Acquirer
International Business Machines
Vertical(s)
SaaS, TMT
Corporate Office
  • One New Orchard Road
  • Armonk, NY 10504
  • United States
+1 (914)

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Softek Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 01-Mar-2007 Completed Generating Revenue
3. Debt - General 09-Jan-2006 Completed Generating Revenue
2. Early Stage VC Completed
1. Buyout/LBO (MBO) 01-Jan-2004 Completed Startup
To view Softek’s complete valuation and funding history, request access »

Softek Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
Columbia Capital Venture Capital Minority
Investcorp PE/Buyout Minority
Needham Capital Partners Growth/Expansion Minority
Updata Partners Growth/Expansion Minority
To view Softek’s complete investors history, request access »

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Softek FAQs

  • When was Softek founded?

    Softek was founded in 2004.

  • Where is Softek headquartered?

    Softek is headquartered in Armonk, NY.

  • What industry is Softek in?

    Softek’s primary industry is Business/Productivity Software.

  • Is Softek a private or public company?

    Softek is a Private company.

  • What is Softek’s current revenue?

    The current revenue for Softek is .

  • How much funding has Softek raised over time?

    Softek has raised $10M.

  • Who are Softek’s investors?

    Columbia Capital, Investcorp, Needham Capital Partners, and Updata Partners have invested in Softek.

  • When was Softek acquired?

    Softek was acquired on 01-Mar-2007.

  • Who acquired Softek?

    Softek was acquired by International Business Machines.

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