About Akorri
Akorri is a company based in Littleton (United States) founded in 2005 was acquired by NetApp in January 2011.. Akorri has raised $54.48 million across 6 funding rounds from investors including NetApp, North Bridge Venture Partners and Matrix. The company has 5,882 employees as of December 31, 2021. Akorri operates in a competitive market with competitors including Inspur, Paessler, EkkoSense, Opengear and Concertio, among others.
- Headquarter Littleton, United States
- Employees 5882 as on 31 Dec, 2021
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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 Akorri
Akorri has successfully raised a total of $54.48M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $10.15 million completed in April 2010. 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 6
- Last Round Series D — $10.2M
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First Round
First Round
(04 Mar 2005)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2010 | Amount | Series D - Akorri | Valuation |
investors |
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| Aug, 2009 | Amount | Series C - Akorri | Valuation |
investors |
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| Jul, 2008 | Amount | Series B - Akorri | Valuation |
investors |
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| 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 Akorri
Akorri has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include NetApp, North Bridge Venture Partners and Matrix. 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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US focused seed to growth stage VC firm
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Early-stage ventures are funded by the investment firm.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Akorri
| 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 - Akorri
| 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 |
Akorri Comparisons
Competitors of Akorri
Akorri 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 Inspur, Paessler, EkkoSense, Opengear and Concertio, 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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| domain | founded_year | HQ Location |
Data center infrastructure is managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Network performance monitoring solutions are provided via a cloud-based platform.
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| domain | founded_year | HQ Location |
Data center infrastructure and energy management software provider
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| domain | founded_year | HQ Location |
Secure remote access and infrastructure management solutions are provided.
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| domain | founded_year | HQ Location |
AI-powered toolkit for optimizing application-system performance is offered.
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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 Akorri
When was Akorri founded?
Akorri was founded in 2005.
Where is Akorri located?
Akorri is headquartered in Littleton, United States.
Is Akorri a funded company?
Akorri is a funded company, having raised a total of $54.48M across 6 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Mar 04, 2005.
How many employees does Akorri have?
As of Dec 31, 2021, the latest employee count at Akorri is 5,882.
What does Akorri do?
Akorri was founded in 2005 and is headquartered in Littleton, United States. Software solutions for storage and virtualization management are offered in the IT sector, focusing on data centers. Analytics tools are provided for automated visibility and analysis across IT silos. Problems are addressed, utilization is planned and optimized, and performance is enhanced in virtualized environments.
Who are the top competitors of Akorri?
Who are Akorri's investors?
Akorri has 4 investors. Key investors include NetApp, North Bridge Venture Partners, Matrix, and BlueStream Ventures.