Neartek Overview

  • Year Founded
  • 1994

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 4

Neartek General Information

Description

Developer of a virtual storage engine intended for tape virtualization. The company is a specialized storage software market, its software acts as middleware between tape drives and storage devices, backup applications, and servers, eliminating the need to have dedicated tape drives and libraries for each computing platform, enabling users to store their data digitally.

Contact Information

Formerly Known As
Near Technologie, Partex International, Partex
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • Lakeville
  • Boston, MA
  • United States
Primary Industry
Systems and Information Management
Acquirer
Dell EMC
Corporate Office
  • Lakeville
  • Boston, MA
  • United States

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Neartek Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Neartek Patents

  • 8

    Total Documents Applications and Grants

  • Total Patents Families

  • 1

    Granted

  • 3

    Pending

  • Expiring in next 12 mo

Neartek Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2001279906-A1 Virtual storage system Inactive 04-Aug-2000
JP-2004506259-A Virtual storage system Pending 04-Aug-2000
EP-1301852-A1 Method for saving computer data Active 20-Jul-2000
EP-1301852-B1 Method for saving computer data Inactive 20-Jul-2000
AU-2001279888-A1 Method for saving computer data Inactive 20-Jul-2000 G06F3/0605
To view Neartek’s complete patent history, request access »

Neartek Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Neartek FAQs

  • When was Neartek founded?

    Neartek was founded in 1994.

  • Where is Neartek headquartered?

    Neartek is headquartered in Boston, MA.

  • What industry is Neartek in?

    Neartek’s primary industry is Systems and Information Management.

  • Is Neartek a private or public company?

    Neartek is a Private company.

  • What is Neartek’s current revenue?

    The current revenue for Neartek is .

  • How much funding has Neartek raised over time?

    Neartek has raised $61M.

  • Who are Neartek’s investors?

    Benchmark Capital (Other Financial Services), DH Private Equity Partners, and Magnum Telecom have invested in Neartek.

  • When was Neartek acquired?

    Neartek was acquired on 20-Sep-2006.

  • Who acquired Neartek?

    Neartek was acquired by Dell EMC.

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