Profile Previews

Get a glimpse into our company and investor data—powered by the PitchBook Platform

Igneous Systems

Igneous Systems
2013 FOUNDED
PRIVATE STATUS
71-80 EMPLOYEES
Series C LATEST DEAL TYPE
$25.9M LATEST DEAL AMOUNT
7 INVESTORS
Description

Developer of a consolidated secondary storage tier system platform designed to evolve how enterprises store, backup and archive data in the cloud era. The company's platform provides consolidated backup, an archive for massive file systems and includes no separate backup software licenses for file data, enabling businesses to avail a hyper-scale data-centric compute ecosystem with the performance and security of the local infrastructure.

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Systems and Information Management
Other Industries
Database Software
Primary Office
  • 2401 4th Avenue
  • Suite 200
  • Seattle, WA 98121
  • United States

+1 (206) 000-0000
Request full access to PitchBook

You’re viewing a free company profile from the PitchBook Platform. To explore Igneous Systems’s full profile, request a free trial.

Igneous Systems Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Later Stage VC (Series C) 13-Mar-2019 $25.9M 000.00 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 29-Jan-2018 000.00 000.00 000.00 Completed Generating Revenue
2. Early Stage VC (Series A) 07-May-2014 $23.6M $26.6M 000.00 Completed Startup
1. Seed Round 24-Oct-2013 $3M $3M 0000 Completed Startup
To view this company’s complete deal history including valuation and funding, request access »

Igneous Systems Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series C 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series B 00,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series A 9,174,073 $0.000010 8% $2.59 $2.59 1x $1.77 19.49%
Seed 2,442,598 $0.000010 8% $1.23 $1.23 1x $1.08 4.03%
To view this company’s complete Cap Table, request access »

Igneous Systems Competitors (59)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Hitachi Vantara Venture Capital-Backed Santa Clara, CA 0000 00000 00000
000000 Venture Capital-Backed San Jose, CA 000 000.00 00000000000 000.00
000000 Venture Capital-Backed Minneapolis, MN 000 00000 00000000000 00000
000000 Venture Capital-Backed Palo Alto, CA 0000 00000 00000000000 00000
00000000 Venture Capital-Backed Sunnyvale, CA 000 00000 00000 00000 00000
To view this company’s complete list of competitors, request access »

Igneous Systems Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
WestRiver Group Venture Capital Minority 000 0000 000000 0
Orca Bay Partners PE/Buyout Minority 000 0000 000000 0
Vulcan Capital PE/Buyout Minority 000 0000 000000 0
New Enterprise Associates Venture Capital Minority 000 0000 000000 0
Sujal Patel Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 7 investors. Get the full list »

Igneous Systems Executive Team (12)

Name Title Board
Seat
Contact
Info
Kiran Bhageshpur Co-Founder, Chief Executive Officer, President & Board Member
Jeff Hughes Co-Founder & Chief Technology Officer
Byron Rakitzis Co-Founder & Architect
Allison Armstrong Vice President, Marketing
Anna Mowry Vice President of Finance and Operations

5 Former Executives

You’re viewing 5 of 12 executives. Get the full list »

Igneous Systems Board Members (5)

Name Representing Role Since Contact
Info
Anthony Bontrager WestRiver Group Board Member 000 0000
Kiran Bhageshpur Igneous Systems Co-Founder, Chief Executive Officer, President & Board Member 000 0000
Matthew McIlwain Madrona Venture Group Board Member 000 0000
Ronald Bernal New Enterprise Associates Board Member 000 0000
Stephen Mullaney Self Board Member 000 0000