About Akimbi Systems
Akimbi Systems is a company based in San Mateo (United States) founded in 2004 was acquired by VMware in June 2006.. 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 as of December 31, 2022. Akimbi Systems operates in a competitive market with competitors including ControlUp, AppSense, B-hive Networks, Virtkick and SolusVM, among others.
- Headquarter San Mateo, United States
- Employees 7262 as on 31 Dec, 2022
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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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- Legal Name Akimbi Systems Inc
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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 Total Funding
- Total Rounds 2
- Last Round Series B — $8.0M
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First Round
First Round
(21 Jan 2005)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2005 | Amount | Series B - Akimbi Systems | Valuation | Mayfield | |
| Jan, 2005 | Amount | Series A - Akimbi Systems | Valuation |
investors |
| 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 |
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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. 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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Mayfield is focused on AI innovation and venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage US tech startups are invested in by HWVP.
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Founded Year | Domain | Location | |
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Venture capital is provided to global tech startups and scale-ups.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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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 Akimbi Systems
| 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 - Akimbi Systems
| 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 |
Akimbi Systems Comparisons
Competitors of Akimbi Systems
Akimbi Systems 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 ControlUp, AppSense, B-hive Networks, Virtkick and SolusVM, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based DaaS monitoring solutions are provided for IT operations analytics.
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| domain | founded_year | HQ Location |
User virtualization and data synchronization solutions are provided.
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| domain | founded_year | HQ Location |
It functions as an infrastructure manager.
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| domain | founded_year | HQ Location |
A platform for virtual machine management and monitoring is provided.
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| domain | founded_year | HQ Location |
Platform offering VM monitoring software
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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 Akimbi Systems
When was Akimbi Systems founded?
Akimbi Systems was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Where is Akimbi Systems located?
Akimbi Systems is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is Akimbi Systems a funded company?
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 21, 2005.
How many employees does Akimbi Systems have?
As of Dec 31, 2022, the latest employee count at Akimbi Systems is 7,262.
What does Akimbi Systems do?
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.
Who are the top competitors of Akimbi Systems?
Who are Akimbi Systems's investors?
Akimbi Systems has 4 investors. Key investors include VMware, Partech Partners, Mayfield, and HWVP.
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