Cleversafe

Chicago, United States Founded: 2004 • Age: 22 yrs Acquired By IBM
Dispersed data storage technologies are developed for hybrid solutions.

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.

Key Metrics
  • Total Equity Funding
    $103.01M (USD)

    in 4 rounds

  • Latest Funding Round
    $55.54M (USD), Series D

    Sep 2013

  • Investors
    IBM

    & 8 more

  • Employee Count
    211
  • Acquired by
    IBM

    & 1 more

    (Oct 2015)

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.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2013$55.54MSeries D––
Oct 2010$36.63MSeries C––
Dec 2007$5MSeries C––
Jan 2007$5.83MSeries B––
–
Valuation history

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are offered to startups by NEA.
–nea.comMenlo Park, United States
Investments in SaaS, marketplace, and middle market companies are managed.
–pritzkergroup.comChicago, United States
Seed and early-stage US venture capital investments are managed.
–ocaventures.comChicago, United States
Venture capital firm
–iqt.orgWashington, Dc, United States
Venture capital is provided to multiple sectors by Presidio Ventures.
–presidio-ventures.comSanta 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.
2005harrisonst.comChicago, United States
Communication technology provider
1928motorolasolutions.comChicago, United States
Hybrid cloud and DevOps automation are delivered to enterprises.
1911ibm.comUnited States
Premium access

Investor details for Cleversafe

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Cleversafe

5 dated milestones of Cleversafe across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cleversafe is founded.
  2. Funding First funding round of $5.8M.
  3. Funding Latest funding round, Series D, of $55.5M.
  4. Exit Acquired by IBM.
  5. Exit Acquired by IBM.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
purestorage.com2009Mountain View, United States$528.51M422
Provider of data storage platforms and subscription services
westerndigital.com1970San Jose, United States–6
Enterprise storage solutions are delivered via AI-based platforms.
solidfire.com2010Boulder, United States$210.04M374
Cloud computing Infrastructure
infinidat.com2011Waltham, United States$245M–
Enterprise hybrid storage systems
seagate.com1979Scotts Valley, United States–33,400
DAS storage devices are supplied for enterprise and client applications.
nimblestorage.com2007Houston, United States$98.75M15,156
Primary storage, backup, and disaster recovery solutions are delivered.
tegile.com2010Newark, United States$151.32M–
Enterprise hybrid storage arrays provider
tintri.com2008Mountain View, United States$260.8M–
Hybrid storage is provided for virtualization and cloud environments.
quantum.com1980San Jose, United States–850
Enterprise all-flash and hybrid storage products are provided for businesses.
Premium access

Detailed competitors of Cleversafe

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Cleversafe

Websites that share an audience with Cleversafe (cleversafe.com).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
netapp.com
100%
1.4M#31,429View details
ddn.com
97%
45K#781,690View details
scality.com
90%
33.4K#891,875View details
snia.org
snia.org
75%
–#459,544–

Latest news on Cleversafe

Premium access

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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M––
Provider of data storage platforms and subscription services
2009Mountain View, California, United StatesUSD 528.51 MUSD 3.17 B6,000
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B3,200
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B––
Cloud-based file sharing and collaboration tools are offered for enterprises.
2007San Francisco, California, United StatesUSD 607.2 MUSD 2.52 B2,200
Cloud-based continuity management software is offered for business protection.
2007Norwalk, United StatesUSD 100 M––
Enterprise cloud storage management software is provided for various workloads.
2012Seattle, Washington, United StatesUSD 345.5 M––
AI-powered cloud management software is delivered for enterprises.
2009San Jose, California, United StatesUSD 317.2 MUSD 2.85 B–
Dell is recognized for providing computers and technology solutions.
1984Round Rock, Texas, United States–USD 113.72 B108,000
Cloud-based enterprise file storage solutions are unified and delivered globally.
2009Natick, Massachusetts, United StatesUSD 218.68 M––
Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track β€” from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • βœ“
    Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • βœ“
    Full access to every database India & global coverage, advanced filters and rich profile details
  • βœ“
    Always-on access from your team account Single premium plan for everything you see on the portal

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.

Explore millions of companies β€” effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals β€” all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available