About Cloudistics
Cloudistics is a Technology company based in Reston (United States) founded in 2014, and was acquired by Fungible in September 2020. SAN storage acceleration is provided via flash appliances. Cloudistics has raised $15.72 million across 2 funding rounds from investors including Fungible and Bain Capital Ventures. The company has 61 employees. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Software Defined Storage and Virtual SAN. Its legal entity is CLOUDISTICS, INC. Its competitors include DataCore, Joyent and Render; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Reston, United States
- Employees 61
- Stage Acquired
- SectorsTechnology
- Website cloudistics.com
- Social LinkedIn X
- Acquired by Fungible (Sep 2020)
- Legal Name Cloudistics, Inc.
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 $15.72M
- Total Rounds 2
- Last Round Series A — $15M
- First Round $717,016
(Apr 2015)
- Investors Count 1
All 2 funding rounds of Cloudistics 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 |
|---|---|---|---|---|---|
| Jun 2016 | $15M | Series A | – | – | |
| Apr 2015 | $717,016 | Seed | – | – | – |
2 investors in total: 2 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
Full-stack infrastructure software for data centers is developed. | 2015 | fungible.com | Santa Clara, United States |
Investor details for Cloudistics
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People of Cloudistics
12 people are tracked at Cloudistics (8 in leadership, 4 in team); the tracked headcount is 61.
| Name | Role | Group |
|---|---|---|
Jai Menon | Chief Scientist | Leadership |
Eric Hayes | CEO | Leadership |
Behshad Farahmand | VP Finance And Accounting | Leadership |
Mba-Hrm Ann Tse Dullaghan Sphrca, Scp | Vice President Head Of Human Resources | Leadership |
Jannet Joseph | Sr HR Business Partner | Leadership |
Haithuy Nguyen | Product Marketing Director | Leadership |
Jennifer Bell | Chief Marketing Officer | Leadership |
Bobby Shoker | CFO | Leadership |
Zoe Chou | Senior Accountant | Team |
Sravanthi Sankranthi | Global Talent Acquisition Lead | Team |
Jacqueline Daum | Human Resources Manager | Team |
Frances W. | Senior AP Accountant | Team |
Complete people profiles for Cloudistics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Cloudistics
4 dated milestones of Cloudistics across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Cloudistics is founded.
- Funding First funding round of $717K.
- Funding Latest funding round, Series A, of $15.0M.
- Exit Acquired by Fungible.
Competitors of Cloudistics
Cloudistics has 3 listed competitors in our database, 3 of them funded. They include DataCore, Joyent and Render.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| datacore.com | 1998 | Fort Lauderdale, United States | $120M | 59 | Software-defined storage and virtualization solutions are provided by DataCore. | |
| joyent.com | 2004 | San Francisco, United States | $119.52M | 109 | Cloud computing platform and services are provided for large enterprises. | |
| render.com | 2018 | San Francisco, United States | $258M | 62 | Cloud platform for application deployment and scaling is offered. |
Detailed competitors of Cloudistics
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Cloudistics
Websites that share an audience with Cloudistics (cloudistics.com).
Websites whose visitors overlap most with Cloudistics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
metus.com | metus.com | 100% | #6,189,911 | – | |
| google.com | 83% | 85.8B | #1 | View details |
Top companies in Enterprise Storage
3 companies that operate in the same segment as Cloudistics (Enterprise Storage) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 2,498 | |
Provider of data storage platforms and subscription services | 2009 | Mountain View, California, United States | USD 528.51 M | USD 3.17 B | 4,789 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 |
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Related news about Cloudistics
Complete news archive for Cloudistics
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Frequently Asked Questions about Cloudistics
Cloudistics was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Cloudistics is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.
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 2015.
Cloudistics has 61 employees.
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.
Cloudistics has 2 investors. Key investors include Fungible, and Bain Capital Ventures.
Cloudistics operates through Cloudistics, Inc..
Yes. Cloudistics was acquired by Fungible in September 2020.