About Bitcasa
Bitcasa is a company based in Mountain View (United States) founded in 2011.. Bitcasa has raised $19.3 million across 3 funding rounds from investors including Pelion Venture Partners, Horizons Ventures and Andreessen Horowitz. The company has 61 employees as of December 31, 2022. Bitcasa operates in a competitive market with competitors including Dropbox, CTERA, Maginatics, Gluster and Actona Technologies, among others.
- Headquarter Mountain View, United States
- Employees 61 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
*********
- Legal Name Bitcasa
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.3 M (USD)
in 3 rounds
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Latest Funding Round
$11 M (USD), Series A
Nov 11, 2013
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Investors
Pelion Venture Partners
& 5 more
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Employee Count
61
as on Dec 31, 2022
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Funding Insights of Bitcasa
Bitcasa has successfully raised a total of $19.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11 million completed in November 2013. 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 3
- Last Round Series A — $11.0M
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First Round
First Round
(01 Jun 2011)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2013 | Amount | Series A - Bitcasa | Valuation |
investors |
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| Jun, 2012 | Amount | Series A - Bitcasa | Valuation |
investors |
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| Jun, 2011 | Amount | Seed - Bitcasa | Valuation |
investors |
| 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 |
Investors in Bitcasa
Bitcasa has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Pelion Venture Partners, Horizons Ventures and Andreessen Horowitz. 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 early-stage VC firm
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Founded Year | Domain | Location | |
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Horizons Ventures is focused on investing in deep science and technology.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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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 Bitcasa
| 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 - Bitcasa
| 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 |
Bitcasa Comparisons
Competitors of Bitcasa
Bitcasa 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 Dropbox, CTERA, Maginatics, Gluster and Actona Technologies, 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 file sharing and collaboration tools are offered for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based enterprise file synchronization and sharing are facilitated through gateways.
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| domain | founded_year | HQ Location |
Cloud-based file system storage management software provider
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| domain | founded_year | HQ Location |
Open source scale-out storage software is developed for cloud environments.
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| domain | founded_year | HQ Location |
Wide-area file services for storage networks are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Bitcasa
When was Bitcasa founded?
Bitcasa was founded in 2011.
Where is Bitcasa located?
Bitcasa is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Is Bitcasa a funded company?
Bitcasa is a funded company, having raised a total of $19.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Jun 01, 2011.
How many employees does Bitcasa have?
As of Dec 31, 2022, the latest employee count at Bitcasa is 61.
What does Bitcasa do?
Bitcasa provides client software for Microsoft Windows, Mac OS X, Android, iOS and other web browsers. Its product, Infinite Drive, provides centralized storage that includes unlimited capacity, client-side encryption, media streaming, file versioning and backups, and multi-platform mobile access. Bitcasa products provide centralized streaming storage so that all devices have simultaneous and real-time access to the same files. Files uploaded from one device are instantly available on all devices. Bitcasa does not require file syncing between devices. Centralized storage eliminates the need to duplicate files across devices or wait for files to become synchronized. The company has a patent pending for an infinite storage algorithm designed to reduce the actual storage space by identifying duplicate content and providing encryption of the stored data. According to Popular Mechanics magazine, Bitcasa uses a convergent encryption method whereby a clients data is assigned an anonymous identifier before it is uploaded. If that data already exists on the Bitcasa servers (such as a popular song), it is not uploaded but is instead earmarked as available for download by that client. This protocol is said to reduce upload time. Bitcasas encryption method reportedly cloaks the data while it is still on the clients computer and then blocks of data are sent by an enterprise-grade AES-256 encryption method to the data cloud for storage.
Who are Bitcasa's investors?
Bitcasa has 6 investors. Key investors include Pelion Venture Partners, Horizons Ventures, Andreessen Horowitz, First Round Capital, and Samsung Ventures.
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