About Akara
Akara is a company based in Hong Kong (China) founded in 2000 was acquired by Ciena in August 2003.. Akara operates in a competitive market with competitors including DDN, Coraid, Chelsio, Incipient and Active Storage, among others.
- Headquarter Hong Kong, China
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Akara
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Akara
Akara has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ciena. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based network management software is provided for infrastructure planning.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Akara
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Akara
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Akara Comparisons
Competitors of Akara
Akara operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DDN, Coraid, Chelsio, Incipient and Active Storage, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Big data and HPC storage appliances are provided for businesses.
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Ethernet-based SAN storage solutions are provided for data networks.
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Networking solutions for storage solutions
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Enterprise storage, SAN virtualization, and data migration solutions are developed.
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High-performance storage solutions are provided for content creators.
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Storage area network solutions and data systems are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Akara
When was Akara founded?
Akara was founded in 2000.
Where is Akara located?
Akara is headquartered in Hong Kong, China.
What does Akara do?
Akara was founded in 2000 in Hong Kong, China, as a provider in the telecommunications and storage sector. Extended SAN solutions based on SONET technology are offered to enterprises and carriers, facilitating business continuity across data centers while minimizing requirements for MAN and WAN networks. Following its acquisition by Ciena, emphasis has been placed on addressing growing data storage demands for medium and large businesses.
Who are Akara's investors?
Akara has 1 investor. Key investors include Ciena.
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