About Cleversafe
Cleversafe is a company based in Chicago (United States) founded in 2004 was acquired by IBM in October 2015. Cleversafe has raised $103.01 million across 4 funding rounds from investors including IBM, Motorola Solutions and Harrison Street. The company has 211 employees. Cleversafe operates in a competitive market with competitors including Pure Storage, Western Digital, SolidFire, Infinidat and Seagate, among others.
- Headquarter Chicago, United States
- Employees 211
- SectorsTechnology
- Website cleversafe.com
- Social LinkedIn X Facebook
- Acquired by IBM (Oct 2015)
- Legal Name Cleversafe Inc
Funding Insights of Cleversafe
Cleversafe has successfully raised a total of $103.01M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $55.54 million completed in September 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 $103.01M
- Total Rounds 4
- Last Round Series D β $55.54M
- First Round $5.83M
(Jan 2007)
- Investors Count 8
All 4 funding rounds of Cleversafe with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2013 | $55.54M | Series D | β | β | |
| Oct 2010 | $36.63M | Series C | β | β | |
| Dec 2007 | $5M | Series C | β | β | |
| Jan 2007 | $5.83M | Series B | β | β | β |
9 investors in total: 9 institutional.
Investors in Cleversafe
Cleversafe has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include IBM, Motorola Solutions and Harrison Street.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | – | nea.com | Menlo Park, United States | |
Investments in SaaS, marketplace, and middle market companies are managed. | – | pritzkergroup.com | Chicago, United States | |
Seed and early-stage US venture capital investments are managed. | – | ocaventures.com | Chicago, United States | |
Venture capital firm | – | iqt.org | Washington, Dc, United States | |
Venture capital is provided to multiple sectors by Presidio Ventures. | – | presidio-ventures.com | Santa Clara, United States | |
Early-stage technology venture capital firm specializing in risk-oriented investments with a humanist approach. | – | alsop-louie.com | - | |
Real estate funds are managed via multiple investment strategies. | 2005 | harrisonst.com | Chicago, United States | |
Communication technology provider | 1928 | motorolasolutions.com | Chicago, United States | |
Hybrid cloud and DevOps automation are delivered to enterprises. | 1911 | ibm.com | United States |
Investor details for Cleversafe
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Competitors of Cleversafe
Cleversafe 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 Pure Storage, Western Digital, SolidFire, Infinidat and Seagate, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| purestorage.com | 2009 | Mountain View, United States | $528.51M | 422 | Provider of data storage platforms and subscription services | |
| westerndigital.com | 1970 | San Jose, United States | – | 6 | Enterprise storage solutions are delivered via AI-based platforms. | |
| solidfire.com | 2010 | Boulder, United States | $210.04M | 374 | Cloud computing Infrastructure | |
| infinidat.com | 2011 | Waltham, United States | $245M | – | Enterprise hybrid storage systems | |
| seagate.com | 1979 | Scotts Valley, United States | – | 33,400 | DAS storage devices are supplied for enterprise and client applications. | |
| nimblestorage.com | 2007 | Houston, United States | $98.75M | 15,156 | Primary storage, backup, and disaster recovery solutions are delivered. | |
| tegile.com | 2010 | Newark, United States | $151.32M | – | Enterprise hybrid storage arrays provider | |
| tintri.com | 2008 | Mountain View, United States | $260.8M | – | Hybrid storage is provided for virtualization and cloud environments. | |
| quantum.com | 1980 | San Jose, United States | – | 850 | Enterprise all-flash and hybrid storage products are provided for businesses. |
Detailed competitors of Cleversafe
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Cleversafe
Websites that share an audience with Cleversafe (cleversafe.com).
Websites whose visitors overlap most with Cleversafe. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| netapp.com | 100% | 1.4M | #31,429 | View details | |
| ddn.com | 97% | 45K | #781,690 | View details | |
| scality.com | 90% | 33.4K | #891,875 | View details | |
snia.org | snia.org | 75% | – | #459,544 | β |
Latest news on Cleversafe
Complete news archive for Cleversafe
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Cleversafe
10 companies that operate in the same segment as Cleversafe (Enterprise Storage), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Provider of data storage platforms and subscription services | 2009 | Mountain View, California, United States | USD 528.51 M | USD 3.17 B | 6,000 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
Cloud-based file sharing and collaboration tools are offered for enterprises. | 2007 | San Francisco, California, United States | USD 607.2 M | USD 2.52 B | 2,200 | |
Cloud-based continuity management software is offered for business protection. | 2007 | Norwalk, United States | USD 100 M | – | – | |
Enterprise cloud storage management software is provided for various workloads. | 2012 | Seattle, Washington, United States | USD 345.5 M | – | – | |
AI-powered cloud management software is delivered for enterprises. | 2009 | San Jose, California, United States | USD 317.2 M | USD 2.85 B | – | |
Dell is recognized for providing computers and technology solutions. | 1984 | Round Rock, Texas, United States | – | USD 113.72 B | 108,000 | |
Cloud-based enterprise file storage solutions are unified and delivered globally. | 2009 | Natick, Massachusetts, United States | USD 218.68 M | – | – |
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Frequently Asked Questions about Cleversafe
Cleversafe was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Cleversafe is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Cleversafe is a funded company, having raised a total of $103.01M across 4 funding rounds to date. The company's 1st funding round was a Series B of $5.83M, raised on Jan 2007.
Cleversafe has 211 employees.
Cleversafe, Inc. offers dispersed data storage technologies. The companys products include a dispersed storage network (dsNet) system, which provides an object store accessible through an HTTPREST API, and a Java SDK for enterprise storage administrators, dsNet Access, a dispersed storage router, which divides data into a user-defined number of slices using information dispersal algorithms; dsNet Slicestors, a dispersed data storage servers on a network, which can be geographically dispersed or centrally located; and dsNet Manager for monitoring various components of a dsNet.
Cleversafe's top competitors include Pure Storage, Infinidat and Tintri.
Cleversafe has 9 investors. Key investors include IBM, Motorola Solutions, Harrison Street, NEA, and Pritzker Group.
Cleversafe operates through Cleversafe Inc.
Yes. Cleversafe was acquired by IBM in October 2015.

