Akimbi Systems

San Mateo, United States Founded: 2004 • Age: 22 yrs Acquired By VMware
Virtual infrastructure management is automated for software configurations.

About Akimbi Systems

Akimbi Systems is a Technology company based in San Mateo (United States) founded in 2004, and was acquired by VMware in June 2006. Virtual infrastructure management is automated for software configurations. Akimbi Systems has raised $11.3 million across 2 funding rounds from investors including VMware, Partech Partners and Mayfield. The company has 7,262 employees. Its focus areas include Enterprise Infrastructure, Virtualization and VM Management & Monitoring. Its legal entity is Akimbi Systems Inc. Its competitors include ControlUp, AppSense and B-hive Networks; 3 of its 3 listed competitors have raised funding.

Company details

Akimbi Systems was founded in 2004 in San Mateo, United States, focusing on the IT sector for virtual infrastructure management. Operations center on the Slingshot product, by which multimachine software configurations are created, captured, stored, shared, and restored automatically. Compatibility is ensured with VMware and Microsoft environments, supporting deployment and maintenance tasks across virtual setups.

  • Headquarters San Mateo, United States
  • Employees 7,262
  • Stage Acquired
  • Sectors
    Technology
  • Website akimbi.com
  • Social LinkedIn
  • Acquired by VMware (Jun 2006)
  • Legal Name Akimbi Systems Inc
Key Metrics
  • Total Equity Funding
    $11.3M (USD)

    in 2 rounds

  • Latest Funding Round
    $8M (USD), Series B

    Nov 2005

  • Investors
    VMware

    & 3 more

  • Employee Count
    7,262
  • Acquired by
    VMware

    (Jun 2006)

Funding Insights of Akimbi Systems

Akimbi Systems has successfully raised a total of $11.3M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in November 2005. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $11.3M
  • Total Rounds 2
  • Last Round Series B β€” $8M
  • First Round $3.3M

    (Jan 2005)

  • Investors Count 3

All 2 funding rounds of Akimbi Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2005$8MSeries B–Mayfield
Jan 2005$3.3MSeries A––
Valuation history

4 investors in total: 4 institutional.

Investors in Akimbi Systems

Akimbi Systems has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include VMware, Partech Partners and Mayfield.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Mayfield is focused on AI innovation and venture capital investments.
mayfield.comMenlo Park, United States
Early-stage US tech startups are invested in by HWVP.
hwvp.comSan Francisco, United States
Venture capital is provided to global tech startups and scale-ups.
1982partechpartners.comParis, France
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998vmware.comPalo Alto, United States
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Investor details for Akimbi Systems

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Timeline of Akimbi Systems

4 dated milestones of Akimbi Systems across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Akimbi Systems is founded.
  2. Funding First funding round of $3.3M.
  3. Funding Latest funding round, Series B, of $8.0M.
  4. Exit Acquired by VMware.

Competitors of Akimbi Systems

Akimbi Systems has 3 listed competitors in our database, 3 of them funded. They include ControlUp, AppSense and B-hive Networks.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
controlup.com2008San Jose, United States$137M
Cloud-based DaaS monitoring solutions are provided for IT operations analytics.
appsense.com1999Sunnyvale, United States$70.98M115
User virtualization and data synchronization solutions are provided.
bhive.net2005San Mateo, United States$7M
It functions as an infrastructure manager.
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Detailed competitors of Akimbi Systems

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Top companies in Operating Systems & Virtualization

3 companies that operate in the same segment as Akimbi Systems (Operating Systems & Virtualization) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
OpenStack distribution and Kubernetes cluster management are facilitated across clouds.
1993Raleigh, North Carolina, United States
Cloud-based unified communications and virtual infrastructure services are provided.
2006Wayne, United StatesUSD 209.25 M
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Frequently Asked Questions about Akimbi Systems

Akimbi Systems was founded in 2004 and raised its 1st funding round 1 year after it was founded.

Akimbi Systems is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.

Akimbi Systems is a funded company, having raised a total of $11.3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.3M, raised on Jan 2005.

Akimbi Systems has 7,262 employees.

Akimbi Systems was founded in 2004 in San Mateo, United States, focusing on the IT sector for virtual infrastructure management. Operations center on the Slingshot product, by which multimachine software configurations are created, captured, stored, shared, and restored automatically. Compatibility is ensured with VMware and Microsoft environments, supporting deployment and maintenance tasks across virtual setups.

Akimbi Systems's top competitors include ControlUp, AppSense and B-hive Networks.

Akimbi Systems has 4 investors. Key investors include VMware, Partech Partners, Mayfield, and HWVP.

Akimbi Systems operates through Akimbi Systems Inc.

Yes. Akimbi Systems was acquired by VMware in June 2006.

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