Portworx Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 90

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $370M

Portworx General Information

Description

Operator of a cloud-native storage company intended for modern enterprises to manage data in containers. The company's platform is an end-to-end storage and data management solution for all Kubernetes projects, including container-based CaaS, DBaaS, SaaS and disaster recovery initiatives, enabling clients to reduce the cost and complexity of rapidly deploying containerized applications across multiple clouds and on-prem environments.

Contact Information

Website
www.portworx.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 2555 Augustine Drive
  • Santa Clara, CA 95054
  • United States
+1 (800)
Primary Industry
Business/Productivity Software
Other Industries
Systems and Information Management
Media and Information Services (B2B)
IT Consulting and Outsourcing
Parent Company
Pure Storage
Vertical(s)
CloudTech & DevOps, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 2555 Augustine Drive
  • Santa Clara, CA 95054
  • United States
+1 (800)

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Portworx Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 16-Sep-2020 $370M Completed Generating Revenue
4. Secondary Transaction - Private 07-Mar-2019 Completed Generating Revenue
3. Later Stage VC (Series C) 07-Mar-2019 Completed Generating Revenue
2. Early Stage VC (Series B) 04-Apr-2017 $20M $28.5M Completed Generating Revenue
1. Early Stage VC (Series A) 27-Mar-2015 $8.5M $8.5M Completed Startup
To view Portworx’s complete valuation and funding history, request access »

Portworx Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C
Series B
Series A 7,752,278 $0.000100 $0.09 $1.13 $1.13 1x $1.13 12.93%
To view Portworx’s complete cap table history, request access »

Portworx Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a cloud-native storage company intended for modern enterprises to manage data in containers. The company's p
Business/Productivity Software
Santa Clara, CA
90 As of 2024

Salt Lake City, UT
 

Cupertino, CA
 
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Portworx Competitors (40)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Simplus Formerly PE-Backed Salt Lake City, UT
KloudFuse Venture Capital-Backed Cupertino, CA
Databricks Venture Capital-Backed San Francisco, CA
D2iQ Formerly VC-backed San Francisco, CA
Joyent Formerly VC-backed Mountain View, CA
You’re viewing 5 of 40 competitors. Get the full list »

Portworx Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 1

    Pending

  • Expiring in next 12 mo

Portworx Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20220269414-A1 Snapshotting a containerized application Pending 11-Sep-2018

Portworx Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Portworx Former Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
A&E Investments Venture Capital Minority
Cisco Investments Corporate Venture Capital Minority
DFO Management Family Office Minority
ESO Fund Venture Capital Minority
General Electric Ventures Corporate Venture Capital Minority
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Portworx FAQs

  • When was Portworx founded?

    Portworx was founded in 2014.

  • Who is the founder of Portworx?

    Vinod Jayaraman, Murli Thirumale, and Goutham Rao are the founders of Portworx.

  • Where is Portworx headquartered?

    Portworx is headquartered in Santa Clara, CA.

  • What is the size of Portworx?

    Portworx has 90 total employees.

  • What industry is Portworx in?

    Portworx’s primary industry is Business/Productivity Software.

  • Is Portworx a private or public company?

    Portworx is a Private company.

  • What is the current valuation of Portworx?

    The current valuation of Portworx is .

  • What is Portworx’s current revenue?

    The current revenue for Portworx is .

  • How much funding has Portworx raised over time?

    Portworx has raised $55.5M.

  • Who are Portworx’s investors?

    A&E Investments, Cisco Investments, DFO Management, ESO Fund, and General Electric Ventures are 5 of 12 investors who have invested in Portworx.

  • Who are Portworx’s competitors?

    Simplus, KloudFuse, Databricks, D2iQ, and Joyent are some of the 40 competitors of Portworx.

  • When was Portworx acquired?

    Portworx was acquired on 16-Sep-2020.

  • Who acquired Portworx?

    Portworx was acquired by Pure Storage.

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