RackWare Overview
- Year Founded
-
2009
- Status
-
Private
- Employees
-
54
- Latest Deal Type
-
Accelerator/Inc
- Investors
-
8
RackWare General Information
Description
Developer of an enterprise-grade hybrid cloud management software designed to reduce the costs for enterprise information technology providers. The company's software gains flexibility and control access across any physical, virtual, or cloud environment, enabling clients to migrate to the cloud, protect their workloads through backup and disaster recovery, and manage multiple physical, virtual, and cloud environments.
Contact Information
Website
www.rackwareinc.comCorporate Office
- 333 West San Carlos Stree
- Suite 600
- San Jose, CA 95110
- United States
Corporate Office
- 333 West San Carlos Stree
- Suite 600
- San Jose, CA 95110
- United States
RackWare Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 6. Later Stage VC | 19-Nov-2021 | Completed | Generating Revenue | |||
| 5. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 12-Dec-2019 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series B) | 13-Sep-2016 | Completed | Generating Revenue | |||
| 2. Later Stage VC (Series A) | 09-Jul-2014 | $2.3M | $5.3M | Completed | Generating Revenue | |
| 1. Seed Round | 27-Jun-2013 | $3M | $3M | Completed | Startup |
RackWare Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Seed | 11,640,212 | $0.001000 | $0.28 | $0.28 | 1x | $0.28 | 27.69% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
RackWare Comparisons
Industry
Financing
Details
RackWare Competitors (41)
One of RackWare’s 41 competitors is Platform9, a Venture Capital-Backed company based in San Jose, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Platform9 | Venture Capital-Backed | San Jose, CA | ||||
| Parallels International | Private Equity-Backed | Schaffhausen, Switzerland | ||||
| SkyKick | Formerly VC-backed | Seattle, WA | ||||
| VMware | Formerly VC-backed | Palo Alto, CA | ||||
| BitTitan | Private Equity-Backed | Austin, TX |
RackWare Patents
RackWare Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-10922283-B2 | File synchronization | Active | 22-Feb-2019 | ||
| US-20200272603-A1 | File synchronization | Active | 22-Feb-2019 | ||
| US-10628199-B2 | Restoring and powering-off workloads during workflow execution based on policy triggers | Active | 20-Sep-2017 | ||
| US-20190087213-A1 | Workload management and distribution | Active | 20-Sep-2017 | ||
| US-10379893-B2 | Container synchronization | Active | 10-Aug-2016 | G06F9/45558 |
RackWare Signals
RackWare Investors (8)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Oquirrh Ventures | PE/Buyout | Minority | ||
| Park City Angels | Angel Group | Minority | ||
| Run Ventures | Venture Capital | Minority | ||
| Royal Street Ventures | Venture Capital | Minority | ||
| Frazier VC | Venture Capital | Minority |
RackWare FAQs
-
When was RackWare founded?
RackWare was founded in 2009.
-
Where is RackWare headquartered?
RackWare is headquartered in San Jose, CA.
-
What is the size of RackWare?
RackWare has 54 total employees.
-
What industry is RackWare in?
RackWare’s primary industry is Business/Productivity Software.
-
Is RackWare a private or public company?
RackWare is a Private company.
-
What is RackWare’s current revenue?
The current revenue for RackWare is .
-
How much funding has RackWare raised over time?
RackWare has raised $23.5M.
-
Who are RackWare’s investors?
Oquirrh Ventures, Park City Angels, Run Ventures, Royal Street Ventures, and Frazier VC are 5 of 8 investors who have invested in RackWare.
-
Who are RackWare’s competitors?
Platform9, Parallels International, SkyKick, VMware, and BitTitan are some of the 41 competitors of RackWare.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process