Cloudistics

Reston, United States Founded: 2014 • Age: 12 yrs Acquired By Fungible
SAN storage acceleration is provided via flash appliances.
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About Cloudistics

Cloudistics is a company based in Reston (United States) founded in 2014 was acquired by Fungible in September 2020.. Cloudistics has raised $15.72 million across 2 funding rounds from investors including Fungible and Bain Capital Ventures. The company has 61 employees as of December 31, 2022. Cloudistics operates in a competitive market with competitors including DataCore, EMC, Joyent, Render and SoftLayer, among others.

  • Headquarter Reston, United States
  • Employees 61 as on 31 Dec, 2022
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cloudistics, Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $15.72 M (USD)

    in 2 rounds

  • Latest Funding Round
    $15 M (USD), Series A

    Jun 14, 2016

  • Investors
    Fungible

    & 1 more

  • Employee Count
    61

    as on Dec 31, 2022

  • Acquired by
    Fungible

    (Sep 24, 2020)

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People of Cloudistics
Headcount 200-500
Employee Profiles 12
Employee Profiles
People
Jai Menon
Chief Scientist
People
Eric Hayes
CEO
People
Behshad Farahmand
VP Finance And Accounting
People
Mba-Hrm Ann Tse Dullaghan Sphrca, Scp
Vice President Head Of Human Resources

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Funding Insights of Cloudistics

Cloudistics has successfully raised a total of $15.72M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in June 2016. 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 Rounds 2
  • Last Round Series A — $15.0M
  • First Round

    (06 Apr 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2016 Amount Series A - Cloudistics Valuation

investors

Apr, 2015 Amount Seed - Cloudistics Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cloudistics

Cloudistics has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Fungible and Bain Capital Ventures. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund focused on investing in multiple sectors
Founded Year Domain Location
Full-stack infrastructure software for data centers is developed.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cloudistics

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Cloudistics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cloudistics Comparisons

Employees
+
Add Comparison
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Competitors of Cloudistics

Cloudistics 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 DataCore, EMC, Joyent, Render and SoftLayer, 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
Software-defined storage and virtualization solutions are provided by DataCore.
domain founded_year HQ Location
Real estate development and construction projects are managed in Thailand.
domain founded_year HQ Location
Cloud computing platform and services are provided for large enterprises.
domain founded_year HQ Location
Cloud platform for application deployment and scaling is offered.
domain founded_year HQ Location
Cloud infrastructure hosting services provider
domain founded_year HQ Location
Housing and colocation service using Tier 4 data center
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cloudistics

Frequently Asked Questions about Cloudistics

When was Cloudistics founded?

Cloudistics was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Cloudistics located?

Cloudistics is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.

Is Cloudistics a funded company?

Cloudistics is a funded company, having raised a total of $15.72M across 2 funding rounds to date. The company's 1st funding round was a Seed of $717.02K, raised on Apr 06, 2015.

How many employees does Cloudistics have?

As of Dec 31, 2022, the latest employee count at Cloudistics is 61.

What does Cloudistics do?

Cloudistics was founded in 2014 in Reston, United States, and operates in the storage infrastructure sector. A plug-and-play appliance named Turbine is offered to accelerate existing SAN arrays to flash-level IO performance without requiring migrations or upgrades. The product is delivered through a three-year subscription model that includes maintenance and support, with effective acceleration priced at 0.35 per GB.

Who are the top competitors of Cloudistics?

Cloudistics's top competitors include Render, DataCore and Aruba.

Who are Cloudistics's investors?

Cloudistics has 2 investors. Key investors include Fungible, and Bain Capital Ventures.

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