About Coraid
Coraid is a company based in Redwood City (United States) founded in 2000 was acquired by SouthSuite in August 2016. Coraid has raised $99.89 million across 4 funding rounds from investors including Seagate, Azure Capital Partners and SouthSuite. Coraid has completed 1 acquisition, including Yunteq. Coraid operates in a competitive market with competitors including DDN, Chelsio, Sanera, Incipient and Lefthand Networks, among others.
- Headquarter Redwood City, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Coraid, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$99.89 M (USD)
in 4 rounds
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Latest Funding Round
$14.29 M (USD), Series C
Dec 31, 2013
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Investors
Seagate
& 7 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
SouthSuite
(Aug 08, 2016)
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Funding Insights of Coraid
Coraid has successfully raised a total of $99.89M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $14.29 million completed in December 2013. 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 Coraid
Coraid has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Seagate, Azure Capital Partners and SouthSuite.
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Venture capital is invested in various sectors by Crosslink Capital.
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Early-stage investments are targeted by Azure Capital Partners.
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Investor details for Coraid
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- Investor locations
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Investments & Acquisitions by Coraid
Coraid has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Yunteq.
Investment portfolio details for Coraid
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Cloud orchestration services are provided for enterprise cloud management.
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Complete acquisition details for Coraid
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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Financial Statements - Coraid
Detailed financials for Coraid
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- Profit trends
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Coraid Comparisons
Peer comparison for Coraid
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Competitors of Coraid
Coraid 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, Chelsio, Sanera, Incipient and Lefthand Networks, among others.
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Big data and HPC storage appliances are provided for businesses.
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Networking solutions for storage solutions
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Enterprise SAN switches are provided for storage networking solutions.
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Enterprise storage, SAN virtualization, and data migration solutions are developed.
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Storage area network solutions and data systems are provided.
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Detailed competitors of Coraid
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Verified entity values are shown only after access is granted.
Latest news on Coraid
Complete news archive for Coraid
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- Source and publication date
- Older coverage
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Frequently Asked Questions about Coraid
Coraid was founded in 2000 and raised its 1st funding round 9 years after it was founded.
Coraid is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Coraid is a funded company, having raised a total of $99.89M across 4 funding rounds to date.
Coraid was founded in 2000 and is headquartered in Redwood City, United States. Ethernet-based storage area network (SAN) solutions are developed by the company, utilizing ATA over Ethernet, a protocol invented by its founder. Massive SANs are enabled through this ethernet communication method, supporting scalable data storage operations in enterprise environments.
Coraid's top competitors include DDN, Chelsio and Lefthand Networks.
Coraid has made 1 acquisition, including Yunteq.
Coraid has 8 investors. Key investors include Seagate, Azure Capital Partners, SouthSuite, Crosslink Capital, and Menlo Ventures.