Caringo

Austin, United States Founded: 2005 • Age: 21 yrs Acquired By DataCore
Object storage software is developed for scalable content storage.

About Caringo

Caringo is a Technology company based in Austin (United States) founded in 2005, and was acquired by DataCore in January 2021. Object storage software is developed for scalable content storage. Caringo has raised $18.03 million across 6 funding rounds from investors including Vodafone, DataCore and New Science Ventures. The company has 21 employees. Caringo offers products and services including SANsymphony, Swarm, Parallel File Storage, and Container-Native Storage. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Storage Technology and Object Storage. Its legal entity is CARINGO, INC. Its competitors include Cloudian, Minio and WEKA; 3 of its 3 listed competitors have raised funding.

Company details

Caringo was founded in 2005 in Austin, United States, and operates in the software sector focused on data storage solutions. Object storage technology is provided through its flagship product CAStor, which enables commodity servers to be transformed into scalable, fault-tolerant systems. Massive content volumes are managed for extended durations, supporting various applications across distributed environments.

  • Headquarters Austin, United States
  • Employees 21
  • Stage Acquired
  • Sectors
    Technology
  • Website caringo.com
  • Social LinkedIn
  • Acquired by DataCore (Jan 2021)
  • Legal Name Caringo, Inc
Operational Areas
Key Metrics
  • Total Equity Funding
    $18.03M (USD)

    in 6 rounds

  • Latest Funding Round
    $3.4M (USD), Series B

    Aug 2018

  • Investors
    Vodafone

    & 4 more

  • Employee Count
    21
  • Acquired by
    DataCore

    (Jan 2021)

Products & Services of Caringo

Caringo offers a comprehensive portfolio of products and services, including SANsymphony, Swarm, Parallel File Storage, and Container-Native Storage.

SANsymphony
Block Storage

Software for SAN and HCI to modernize data centers.

Swarm
Object Storage

Scalable system for data access and archiving needs.

Parallel File Storage
File Storage

High-performance solution for HPC and AI workloads.

Container-Native Storage
Kubernetes Storage

Persistent storage for stateful apps on containers.

Funding Insights of Caringo

Caringo has successfully raised a total of $18.03M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $3.4 million completed in August 2018. 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 $18.03M
  • Total Rounds 6
  • Last Round Series B β€” $3.4M
  • First Round $830,000

    (Jul 2005)

  • Investors Count 4

All 6 funding rounds of Caringo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2018$3.4MSeries B––
–
Sep 2016$8.8MSeries B–New Science Ventures, Advantage Capital
–
Apr 2016$1.5MDebt – Conventional––
–
May 2010$5MSeries A––
–
Feb 2008Series A––
Jul 2005$830,000Seed––
–
Valuation history

5 investors in total: 5 institutional.

Investors in Caringo

Caringo has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Vodafone, DataCore and New Science Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early, mid, and late-stage investments are made in science sectors.
newscienceventures.comNew York, United States
Private equity investment firm
advantagecap.comNew Orleans, United States
Venture capital investments in Texas-based companies.
austinventures.com
Vodafone is recognized as a global telecommunications provider.
1982vodafone.comNewbury, United Kingdom
Software-defined storage and virtualization solutions are provided by DataCore.
1998datacore.comFort Lauderdale, United States
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Investor details for Caringo

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People of Caringo

4 people are tracked at Caringo (2 in leadership, 2 in team); the tracked headcount is 21.

NameRoleGroup
Russell Turpin
Chief ArchitectLeadership
Paul Carpentier
Founder & Board MemberLeadership
Jamshid Afshar
EngineerTeam
Pat Ray
Integration Engineering LeadTeam
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Timeline of Caringo

4 dated milestones of Caringo across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Caringo is founded.
  2. Funding First funding round of $830K.
  3. Funding Latest funding round, Series B, of $3.4M.
  4. Exit Acquired by DataCore.

Competitors of Caringo

Caringo has 3 listed competitors in our database, 3 of them funded. They include Cloudian, Minio and WEKA.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cloudian.com2011Foster, United States$235.7M79
Scalable cloud object storage is offered to enterprises and providers.
min.io2014Palo Alto, United States$126.3M51
Platform offering object storage solutions
weka.io2013Campbell, United States$371.7M81
Data storage solutions for AI workloads are developed by WEKA.
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Detailed competitors of Caringo

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Web traffic of Caringo

Websites that share an audience with Caringo (caringo.com).

Similar websites

Websites whose visitors overlap most with Caringo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
netapp.com
100%
1.4M#31,429View details
hds.com
hds.com
78%
#2,504,862–
dcig.com
76%
3K#5,715,361View details
snia.org
snia.org
76%
#459,544–
datastorageconnection.com
datastorageconnection.com
75%
#10,479,389–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 13 similar websites and full traffic analytics for Caringo

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  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Enterprise Storage

3 companies that operate in the same segment as Caringo (Enterprise Storage) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud based integrated application development platform
2011New York, New York, United StatesUSD 173.73 MUSD 901.43 M2,498
Provider of data storage platforms and subscription services
2009Mountain View, California, United StatesUSD 528.51 MUSD 3.17 B4,789
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B5,196
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Related news about Caringo

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Frequently Asked Questions about Caringo

Caringo was founded in 2005.

Caringo is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Caringo is a funded company, having raised a total of $18.03M across 6 funding rounds to date. The company's 1st funding round was a Seed of $830K, raised on Jul 2005.

Caringo has 21 employees.

Caringo was founded in 2005 in Austin, United States, and operates in the software sector focused on data storage solutions. Object storage technology is provided through its flagship product CAStor, which enables commodity servers to be transformed into scalable, fault-tolerant systems. Massive content volumes are managed for extended durations, supporting various applications across distributed environments.

Caringo's top competitors include Cloudian, Minio and WEKA.

Caringo offers SANsymphony, Swarm, Parallel File Storage, and Container-Native Storage.

Caringo has 5 investors. Key investors include Vodafone, DataCore, New Science Ventures, Advantage Capital, and Austin Ventures.

Caringo operates through Caringo, Inc.

Yes. Caringo was acquired by DataCore in January 2021.

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