About Cato Digital
Cato Digital is a company based in Milpitas (United States) founded in 2013 by Shankar Ramamurthy. It operates as a IaaS (Infrastructure-as-a-Service), and Green Energy-as-a-Service. Cato Digital has raised $56.89 million across 10 funding rounds from investors including Exfinity Venture Partners and Orbital Energy Group. The company has 25 employees as of December 31, 2022. Cato Digital offers products and services including Flex Metal App Servers, Storage Servers, and GPU Servers. Cato Digital operates in a competitive market with competitors including IBM, NodeShift, TidalScale, FusionIO and Cerio, among others.
- Headquarter Milpitas, United States
- Employees 25 as on 31 Dec, 2022
- Founders Shankar Ramamurthy
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cato Digital, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$56.89 M (USD)
in 10 rounds
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Latest Funding Round
$8.72 M (USD), Series B
Apr 04, 2023
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Investors
Exfinity Venture Partners
& 1 more
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Employee Count
25
as on Dec 31, 2022
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Products & Services of Cato Digital
Cato Digital offers a comprehensive portfolio of products and services, including Flex Metal App Servers, Storage Servers, and GPU Servers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Ephemeral instances are provided for scalable application deployment.
Customizable storage arrays are offered for data management needs.
High VRAM servers are provided for intensive computing tasks.
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Funding Insights of Cato Digital
Cato Digital has successfully raised a total of $56.89M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $8.72 million completed in April 2023. 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 10
- Last Round Series B — $8.7M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series B - Cato Digital | Valuation |
investors |
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| Aug, 2020 | Amount | Series B - Cato Digital | Valuation |
investors |
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| Mar, 2019 | Amount | Series B - Cato Digital | Valuation | Orbital Energy Group |
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| 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 Cato Digital
Cato Digital has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Exfinity Venture Partners and Orbital Energy Group. 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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Investment in B2B technology ventures from India for global markets.
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Founded Year | Domain | Location | |
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Solar energy projects are developed in the renewable sector.
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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 Cato Digital
| 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 - Cato Digital
| 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 |
Cato Digital Comparisons
Competitors of Cato Digital
Cato Digital 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 IBM, NodeShift, TidalScale, FusionIO and Cerio, 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 |
Hybrid cloud and DevOps automation are delivered to enterprises.
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| domain | founded_year | HQ Location |
GPU rental platform for enterprises
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| domain | founded_year | HQ Location |
Offers a cloud-based platform for big data server solutions.
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| domain | founded_year | HQ Location |
Database virtualization solutions are provided via a cloud-based platform.
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| domain | founded_year | HQ Location |
Cloud and AI based software defined server solutions
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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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Latest news on Cato Digital
Frequently Asked Questions about Cato Digital
When was Cato Digital founded?
Cato Digital was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Cato Digital located?
Cato Digital is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Who is the current CEO of Cato Digital?
Dean Nelson is the current CEO of Cato Digital.
Is Cato Digital a funded company?
Cato Digital is a funded company, having raised a total of $56.89M across 10 funding rounds to date. The company's 1st funding round was a Series B of $17M, raised on Jul 09, 2014.
How many employees does Cato Digital have?
As of Dec 31, 2022, the latest employee count at Cato Digital is 25.
What does Cato Digital do?
Cato Digital is focused on delivering sustainable bare metal cloud infrastructure. Low-carbon resources are utilized through second-life hardware and stranded data center power capacity. Solutions like Flex Metal App Servers, Storage Servers, and GPU Servers are offered for scalable, cost-effective computing. The company operates within the technology sector, emphasizing hybrid cloud architecture and circular economy principles. Clean energy sources are integrated to minimize environmental impact, aligning with initiatives like the iMasons Climate Accord to address scope-3 emissions.
Who are the top competitors of Cato Digital?
What products or services does Cato Digital offer?
Cato Digital offers Flex Metal App Servers, Storage Servers, and GPU Servers.
Who are Cato Digital's investors?
Cato Digital has 2 investors. Key investors include Exfinity Venture Partners, and Orbital Energy Group.
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