Spinnaker Networks Overview
- Year Founded
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1999
- Status
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Acquired/Merged
- Latest Deal Type
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M&A
- Latest Deal Amount
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$300M
Spinnaker Networks General Information
Description
Supplier of NAS storage solutions. The company's products provides scalable system architectures, distributed file systems, next-generation clustering technologies and virtualization.
Contact Information
Corporate Office
- 107 Gamma Drive
- Pittsburgh, PA 15238
- United States
Corporate Office
- 107 Gamma Drive
- Pittsburgh, PA 15238
- United States
Spinnaker Networks Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 01-Feb-2004 | $300M | Completed | Generating Revenue | ||
| 2. Early Stage VC (Series B) | 03-May-2002 | Completed | Generating Revenue | |||
| 1. Early Stage VC (Series A) | 01-Jan-2000 | $20.4M | $20.4M | Completed | Product Development |
Spinnaker Networks Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B1 | ||||||||
| Series B | ||||||||
| Series A | 14,658,929 | $0.000100 | $0.11 | $1.4 | $1.4 | 1x | $1.4 | 16% |
Spinnaker Networks Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Spinnaker Networks Patents
Spinnaker Networks Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| JP-2007537501-A | Method and apparatus for data storage using striping | Active | 02-Dec-2003 | ||
| CA-2548084-A1 | Method and apparatus for data storage using striping | Inactive | 02-Dec-2003 | ||
| US-20050120078-A1 | Method and apparatus for data storage using striping | Active | 02-Dec-2003 | ||
| US-20070271350-A1 | Method and apparatus for data storage using striping | Active | 02-Dec-2003 | ||
| US-20090070345-A1 | Method and apparatus for data storage using striping specification identification | Active | 02-Dec-2003 | G06F15/16 |
Spinnaker Networks Former Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| GIC Private | Sovereign Wealth Fund | Minority | ||
| Mellon Ventures | PE/Buyout | Minority | ||
| Menlo Ventures | Venture Capital | Minority | ||
| Norwest Venture Partners | Venture Capital | Minority | ||
| Western Technology Investment | Venture Capital | Minority |
Spinnaker Networks FAQs
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When was Spinnaker Networks founded?
Spinnaker Networks was founded in 1999.
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Where is Spinnaker Networks headquartered?
Spinnaker Networks is headquartered in Pittsburgh, PA.
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What industry is Spinnaker Networks in?
Spinnaker Networks’s primary industry is Storage (IT).
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Is Spinnaker Networks a private or public company?
Spinnaker Networks is a Private company.
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What is the current valuation of Spinnaker Networks?
The current valuation of Spinnaker Networks is .
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What is Spinnaker Networks’s current revenue?
The current revenue for Spinnaker Networks is .
-
How much funding has Spinnaker Networks raised over time?
Spinnaker Networks has raised $51.6M.
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Who are Spinnaker Networks’s investors?
GIC Private, Mellon Ventures, Menlo Ventures, Norwest Venture Partners, and Western Technology Investment have invested in Spinnaker Networks.
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When was Spinnaker Networks acquired?
Spinnaker Networks was acquired on 01-Feb-2004.
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Who acquired Spinnaker Networks?
Spinnaker Networks was acquired by NetApp (Systems and Information Management).
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