Springpath Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 140

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $320M

Springpath General Information

Description

Provider of a hyperconvergence software designed for enterprise storage and data management. The company's data platform eliminates the need for network storage and intuitively integrates into existing management tools to maximize operational efficiency, enabling customers to compute, caching or capacity resources independently, depending on their changing business needs.

Contact Information

Website
www.springpathinc.com
Formerly Known As
Storvisor
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 640 West California Avenue
  • Suite 110
  • Sunnyvale, CA 94086
  • United States
Primary Industry
Systems and Information Management
Acquirer
Cisco Systems
Vertical(s)
SaaS, TMT
Corporate Office
  • 640 West California Avenue
  • Suite 110
  • Sunnyvale, CA 94086
  • United States

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Springpath Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 22-Sep-2017 $320M Completed Generating Revenue
3. Later Stage VC (Series C) 01-Jan-2016 Completed Startup
2. Early Stage VC (Series B) 18-Feb-2015 $34M $43M Completed Startup
1. Early Stage VC (Series A) 08-Jun-2012 $9M $9M Completed Stealth
To view Springpath’s complete valuation and funding history, request access »

Springpath 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 11,184,782 $0.000050 $0.06 $0.81 $0.81 1x $0.81 25.77%
To view Springpath’s complete cap table history, request access »

Springpath Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of a hyperconvergence software designed for enterprise storage and data management. The company's data platform
Systems and Information Management
Sunnyvale, CA
140 As of 2017

Redwood City, CA
 

Santa Clara, CA
 
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Springpath Competitors (50)

One of Springpath’s 50 competitors is Box, a Formerly VC-backed company based in Redwood City, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Box Formerly VC-backed Redwood City, CA
Cohesity Venture Capital-Backed Santa Clara, CA
BMC Software Private Equity-Backed Houston, TX
Zerto Formerly VC-backed Herzliya, Israel
Firebase Formerly VC-backed San Francisco, CA
You’re viewing 5 of 50 competitors. Get the full list »

Springpath Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • Pending

  • Expiring in next 12 mo

Springpath Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-9521198-B1 Systems and methods for implementing an enterprise-class converged compute-network-storage appliance Active 19-Dec-2012
US-9965203-B1 Systems and methods for implementing an enterprise-class converged compute-network-storage appliance Active 19-Dec-2012

Springpath Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Springpath Former Investors (5)

Investor Name Investor Type Holding Investor Since Participating Rounds
Cisco Investments Corporate Venture Capital Minority
New Enterprise Associates Venture Capital Minority
Redpoint Ventures Venture Capital Minority
Sequoia Capital Venture Capital Minority
Stanford Management Company Endowment University Minority
To view Springpath’s complete investors history, request access »

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Springpath FAQs

  • When was Springpath founded?

    Springpath was founded in 2012.

  • Where is Springpath headquartered?

    Springpath is headquartered in Sunnyvale, CA.

  • What is the size of Springpath?

    Springpath has 140 total employees.

  • What industry is Springpath in?

    Springpath’s primary industry is Systems and Information Management.

  • Is Springpath a private or public company?

    Springpath is a Private company.

  • What is the current valuation of Springpath?

    The current valuation of Springpath is .

  • What is Springpath’s current revenue?

    The current revenue for Springpath is .

  • How much funding has Springpath raised over time?

    Springpath has raised $95M.

  • Who are Springpath’s investors?

    Cisco Investments, New Enterprise Associates, Redpoint Ventures, Sequoia Capital, and Stanford Management Company Endowment have invested in Springpath.

  • Who are Springpath’s competitors?

    Box, Cohesity, BMC Software, Zerto, and Firebase are some of the 50 competitors of Springpath.

  • When was Springpath acquired?

    Springpath was acquired on 22-Sep-2017.

  • Who acquired Springpath?

    Springpath was acquired by Cisco Systems.

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