About Commvault
Commvault is a company based in San Francisco (United States) founded in 2012 by Srinivas Lakshman and Avinash Lakshman was acquired by Commvault in September 2019. It operates as a SaaS (Software-as-a-Service), and Managed Services. Commvault has raised $64.5 million across 5 funding rounds from investors including Commvault, True Partners and EDBI. Commvault offers products and services including Commvault Cloud Platform, Cloud Rewind, Cleanroom Recovery, and Identity Resilience. Commvault operates in a competitive market with competitors including Nutanix, DataCore, Sunlight, Scality and Lightbits, among others.
- Headquarter San Francisco, United States
- Founders Srinivas Lakshman, Avinash Lakshman
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Commvault Systems, Inc.
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Products & Services of Commvault
Commvault offers a comprehensive portfolio of products and services, including Commvault Cloud Platform, Cloud Rewind, Cleanroom Recovery, and Identity Resilience. 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.
Data protection and recovery across enterprise and cloud.
Automation for rapid rebuilding of cloud applications.
Isolated environments are provided for testing forensics.
Recovery of Active Directory and Entra ID offered.
Funding Insights of Commvault
Commvault has successfully raised a total of $64.5M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $21.5 million completed in March 2017. 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 5
- Last Round Series C — $21.5M
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First Round
First Round
(05 Jun 2012)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2017 | Amount | Series C - Commvault | Valuation | EDBI , Hewlett Packard Pathfinder | |
| Jun, 2015 | Amount | Series B - Commvault | Valuation | Vertex Holdings | |
| Mar, 2015 | Amount | Series A - Commvault | Valuation | Atlantic Bridge |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Commvault
Commvault has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Commvault, True Partners and EDBI. 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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Government-backed investments are directed toward healthcare, fintech, and various sectors.
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Corporate-backed venture capital firm focused on SaaS, Adtech, and multiple sectors
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Founded Year | Domain | Location | |
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Atlantic Bridge is focused on growth equity investments in technology.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Commvault
| 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 - Commvault
| 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 |
Commvault Comparisons
Competitors of Commvault
Commvault 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 Nutanix, DataCore, Sunlight, Scality and Lightbits, 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 |
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AI-powered cloud management software is delivered for enterprises.
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Software-defined storage and virtualization solutions are provided by DataCore.
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Cloud based hyper converged infrastructure software provider
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Cloud based platform offering software defined storage solutions for enterprises
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NVMe-based SSD software for cloud environments is provided.
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| domain | founded_year | HQ Location |
Hyper-converged infrastructure solutions for virtual machine environments are delivered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Commvault
Frequently Asked Questions about Commvault
When was Commvault founded?
Commvault was founded in 2012.
Where is Commvault located?
Commvault is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Commvault?
Avinash Lakshman is the current CEO of Commvault. They have also founded this company.
Is Commvault a funded company?
Commvault is a funded company, having raised a total of $64.5M across 5 funding rounds to date. The company's 1st funding round was a Series A of $12.5M, raised on Jun 05, 2012.
What does Commvault do?
Commvault is recognized for offering comprehensive data protection and cyber resilience solutions. Services are extended across enterprise, cloud, and SaaS environments. Backup, recovery, and disaster management are facilitated for various industries including government, healthcare, and finance. Innovative tools like Cloud Rewind and Cleanroom Recovery are developed to ensure rapid rebuilding and secure data restoration. Compliance and risk remediation are addressed to safeguard sensitive information. Support is provided for AI workloads and cloud-native applications. Global operations are maintained with a focus on business continuity.
Who are the top competitors of Commvault?
Commvault's top competitors include Nutanix, StarWind Software and Scality.
What products or services does Commvault offer?
Commvault offers Commvault Cloud Platform, Cloud Rewind, Cleanroom Recovery, and Identity Resilience.
Who are Commvault's investors?
Commvault has 10 investors. Key investors include Commvault, True Partners, EDBI, Hewlett Packard Pathfinder, and Atlantic Bridge.
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