ConvergeNet Technologies

San Jose, United States Founded: 1997 • Age: 29 yrs Acquired By Dell
SAN management solutions for heterogeneous storage environments are provided.
Annual revenue - Latest available
Total funding $27.3M 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About ConvergeNet Technologies

ConvergeNet Technologies is a company based in San Jose (United States) founded in 1997 was acquired by Dell in September 1999. ConvergeNet Technologies has raised $27.3 million across 3 funding rounds from investors including Dell and Sierra Ventures. ConvergeNet Technologies operates in a competitive market with competitors including DDN, Coraid, Chelsio, Incipient and Active Storage, among others.

  • Headquarter San Jose, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $27.3 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5 M (USD), Series B

    Feb 01, 1999

  • Investors
    Dell

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Dell

    (Sep 09, 1999)

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Funding Insights of ConvergeNet Technologies

ConvergeNet Technologies has successfully raised a total of $27.3M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in February 1999. 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.

Investors in ConvergeNet Technologies

ConvergeNet Technologies has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Dell and Sierra Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Dell is recognized for providing computers and technology solutions.
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Investor details for ConvergeNet Technologies

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Investments & Acquisitions by ConvergeNet Technologies

Investments
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Investment portfolio details for ConvergeNet Technologies

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Financial Statements - ConvergeNet Technologies

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Detailed financials for ConvergeNet Technologies

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Convergenet Technologies Comparisons

ConvergeNet Technologies Primary company
Description
SAN management solutions for heterogeneous storage environme...
Location
San Jose, United States
Founded Year
1997
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ConvergeNet Technologies

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Competitors of ConvergeNet Technologies

ConvergeNet Technologies 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 DDN, Coraid, Chelsio, Incipient and Active Storage, among others.

Company Name Domain Founded year HQ Location Description
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Big data and HPC storage appliances are provided for businesses.
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Ethernet-based SAN storage solutions are provided for data networks.
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Networking solutions for storage solutions
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Enterprise storage, SAN virtualization, and data migration solutions are developed.
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High-performance storage solutions are provided for content creators.
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Storage area network solutions and data systems are provided.
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Detailed competitors of ConvergeNet Technologies

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Latest news on Convergenet Technologies

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Complete news archive for ConvergeNet Technologies

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Frequently Asked Questions about ConvergeNet Technologies

ConvergeNet Technologies was founded in 1997.

ConvergeNet Technologies is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

ConvergeNet Technologies is a funded company, having raised a total of $27.3M across 3 funding rounds to date.

ConvergeNet Technologies was founded in 1997 in San Jose, United States, focusing on the technology sector. Storage, processing, networking, and management solutions are delivered for data infrastructure. Storage Area Network (SAN) management is supported in heterogeneous environments through a modular design. Options for data storage, connectivity, and protocols are selectable by IT teams. Following acquisition by Dell, integration with Intel-based servers on Linux or Windows systems is enabled.

ConvergeNet Technologies's top competitors include DDN, Chelsio and Coraid.

ConvergeNet Technologies has 2 investors. Key investors include Dell, and Sierra Ventures.

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