About Copan Systems
Copan Systems is a Technology company based in Longmont (United States) founded in 2002, and was acquired by SGI in February 2010. Data storage peripherals. Copan Systems has raised $153.19 million across 8 funding rounds from investors including Credit Suisse, FirstMark and Horizon Tech Finance. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Cloud Storage and Cloud NAS. Its legal entity is COPAN Systems Inc. Its competitors include Panzura, Lucidlink and Isilon; 3 of its 3 listed competitors have raised funding.
Company details
Copan Systems was founded in 2002 in Longmont, United States, and operates in the data storage sector. Persistent data is protected and managed through cost-effective solutions, including the MAID platform designed for security and scalability. Additional storage services can be integrated easily. The company was acquired by SGI in 2010.
- Headquarters Longmont, United States
- Stage Acquired
- SectorsTechnology
- Website copansystems.com
- Social LinkedIn
- Acquired by SGI (Feb 2010)
- Legal Name Copan Systems Inc
- Total Equity Funding$153.19M (USD)
in 8 rounds
- Latest Funding Round$3.03M (USD), Series E
Aug 2009
- InvestorsCredit Suisse
& 10 more
- Acquired bySGI
(Feb 2010)
Funding Insights of Copan Systems
Copan Systems has successfully raised a total of $153.19M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $3.03 million completed in August 2009. 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 $153.19M
- Total Rounds 8
- Last Round Series E — $3.03M
- First Round $14.26M
(Apr 2003)
- Investors Count 10
All 8 funding rounds of Copan Systems 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 |
|---|---|---|---|---|---|
| Aug 2009 | $3.03M | Series E | – | – | – |
| Feb 2009 | $18.5M | Series E | – | – | |
| Sep 2007 | $32.4M | Series D | – | – | |
| May 2006 | $17.5M | Series C | – | – | |
| Mar 2006 | $17.5M | Series C | – | Credit Suisse | |
| Sep 2004 | $25M | Series B | – | – | – |
| Aug 2004 | $25M | Series B | – | FirstMark | |
| Apr 2003 | $14.26M | Series A | – | – | – |
11 investors in total: 11 institutional.
Investors in Copan Systems
Copan Systems has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Credit Suisse, FirstMark and Horizon Tech Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in Texas-based companies. | austinventures.com | |||
VC firm investing in companies in the US | globespancapital.com | Boston, United States | ||
Early-stage venture capital is invested in tech startups across sectors. | 1987 | firstmark.com | New York, United States | |
| westburypartners.com | ||||
Various sectors are invested in by the private equity firm. | goldhillcapital.com | San Jose, United States | ||
Investments in technology companies are conducted globally by Battery Ventures. | battery.com | |||
Venture capital is provided to multiple sectors by Presidio Ventures. | presidio-ventures.com | Santa Clara, United States | ||
Venture debt and equity financing are provided across US sectors. | 2002 | pinnacleventures.com | Palo Alto, United States | |
Structured debt is provided to life sciences and technology firms. | 2004 | horizontechfinance.com | Farmington, United States | |
Wealth management, asset management, and investment banking services are offered. | 1856 | credit-suisse.com | Zurich, Switzerland |
Investor details for Copan Systems
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 Copan Systems
4 dated milestones of Copan Systems across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Copan Systems is founded.
- Funding First funding round of $14.3M.
- Funding Latest funding round, Series E, of $3.0M.
- Exit Acquired by SGI.
Competitors of Copan Systems
Copan Systems has 3 listed competitors in our database, 3 of them funded. They include Panzura, Lucidlink and Isilon.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| panzura.com | 2008 | Campbell, United States | $168.03M | 107 | Cloud-based network attached storage is provided for global file management. | |
| lucidlink.com | 2016 | San Francisco, United States | $113.4M | Provider of Cloud NAS based on object storage technology | ||
| isilon.com | 2001 | Seattle, United States | $58.9M | Scale-out network attached storage is provided for unstructured data management. |
Detailed competitors of Copan Systems
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.
Top companies in Enterprise Storage
3 companies that operate in the same segment as Copan Systems (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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Frequently Asked Questions about Copan Systems
Copan Systems was founded in 2002 and raised its 1st funding round 1 year after it was founded.
Copan Systems is headquartered in Longmont, United States. It is registered at Longmont, Colorado, United States.
Copan Systems is a funded company, having raised a total of $153.19M across 8 funding rounds to date. The company's 1st funding round was a Series A of $14.26M, raised on Apr 2003.
Copan Systems was founded in 2002 in Longmont, United States, and operates in the data storage sector. Persistent data is protected and managed through cost-effective solutions, including the MAID platform designed for security and scalability. Additional storage services can be integrated easily. The company was acquired by SGI in 2010.
Copan Systems has 11 investors. Key investors include Credit Suisse, FirstMark, Horizon Tech Finance, SGI, and Pinnacle Ventures.
Copan Systems operates through Copan Systems Inc.
Yes. Copan Systems was acquired by SGI in February 2010.