About DAMAC
DAMAC is a company based in La Mirada (United States) founded in 1981 was acquired by Maysteel in December 2017. The company has 63 employees. DAMAC operates in a competitive market with competitors including Black Box, d-Matrix, Cornelis Networks, One Stop Systems and NetRack Enclosures, among others.
Funding Insights of DAMAC
- Total Rounds 1
- Investors Count 3
All 1 funding rounds of DAMAC 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 |
|---|---|---|---|---|---|
| May 2013 | – | Private Equity Round | – | – |
4 investors in total: 4 institutional.
Investors in DAMAC
DAMAC has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Maysteel, Pleasant Bay Capital Partners and Prairie Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A private equity firm focused on lower-middle market investments. | – | pleasantbaycp.com | Boston, United States | |
Prairie Capital is focused on scaling lower middle market companies. | 1997 | prairie-capital.com | Chicago, United States | |
Crescendo Capital Partners is engaged in private equity investments. | – | crescendocp.com | Boulder, United States | |
Sheet metal enclosures and server racks are designed and manufactured. | 1936 | maysteel.com | Allenton, United States |
Investor details for DAMAC
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of DAMAC
1 people are tracked at DAMAC (1 in leadership); the tracked headcount is 63.
| Name | Role | Group |
|---|---|---|
Ghaith Rashed Ahmed | CEO & Director | Leadership |
Complete people profiles for DAMAC
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of DAMAC
3 dated milestones of DAMAC across 36 years, from founding to its latest funding, stage changes and deals.
- Founded DAMAC is founded.
- Funding First funding round.
- Exit Acquired by Maysteel.
Competitors of DAMAC
DAMAC 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 Black Box, d-Matrix, Cornelis Networks, One Stop Systems and NetRack Enclosures, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| blackbox.com | 1976 | Plano, United States | – | – | Data center equipment is supplied for enterprise operations optimization. | |
| d-matrix.ai | 2019 | Los Altos, United States | $154M | 66 | Digital in-memory compute engines are developed for efficient AI processing. | |
| cornelisnetworks.com | 2019 | Wayne, United States | $85.25M | 129 | IT service suite solutions are provided for high-performance computing environments. | |
| onestopsystems.com | 1998 | Escondido, United States | – | 82 | High-performance compute appliances are offered and customized for intensive applications. | |
| netrackindia.com | 2001 | Bengaluru, India | – | 198 | Data center racks and enclosures are manufactured by NetRack Enclosures. | |
| apc.com | 1981 | South Kingstown, United States | – | 9 | APC is recognized for providing uninterruptible power solutions. | |
| ventanamicro.com | 2018 | Cupertino, United States | $38M | 29 | Manufacturer of hardware for data centers | |
| raritan.com | 1985 | Somerset, United States | – | – | Data center management products | |
| promise.com | 1988 | Hsinchu, Taiwan | – | – | High-performance storage solutions are provided for data centers. | |
| tripplite.com | 1922 | Chicago, United States | – | – | Provider of data center peripherals |
Detailed competitors of DAMAC
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of DAMAC
Websites that share an audience with DAMAC (damac.com).
Websites whose visitors overlap most with DAMAC. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| siemon.com | 100% | 57.3K | #564,495 | View details | |
| leviton.com | 100% | – | #88,991 | View details | |
| panduit.com | 100% | 297K | #141,439 | View details | |
abba-rack.com | abba-rack.com | 83% | – | #9,484,588 | – |
datacomtools.com | datacomtools.com | 74% | – | #3,715,490 | – |
Latest news on Damac
Complete news archive for DAMAC
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
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Similar companies to DAMAC
10 companies that operate in the same segment as DAMAC (Big Data & Cloud Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 586.72 M | USD 2.46 B | 5,560 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 2,241 | |
Data, analytics, and AI capabilities are unified in a platform. | 2013 | San Francisco, California, United States | USD 24.67 B | USD 15.9 M | 341 | |
Cloud-based big data warehouse for enterprise data management is provided. | 2012 | Bozeman, Montana, United States | USD 1.56 B | USD 3.63 B | 7,830 | |
AI-powered big data stack solutions are delivered for data management. | 2008 | Palo Alto, California, United States | USD 1.04 B | USD 869.26 M | 1,124 | |
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 1,210 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Provider of cloud and AI based CDN management software | 1998 | Cambridge, Massachusetts, United States | USD 61.5 M | USD 4.21 B | 10,700 | |
Provider of colocation data center services | 1998 | Redwood City, California, United States | USD 175 M | USD 9.22 B | 13,610 |
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Frequently Asked Questions about DAMAC
DAMAC was founded in 1981 and raised its 1st funding round 32 years after it was founded.
DAMAC is headquartered in La Mirada, United States. It is registered at La Mirada, California, United States.
Ghaith Rashed Ahmed is the current CEO of DAMAC.
DAMAC has 63 employees.
Founded in 1981 and based in La Mirada, United States, DAMAC operates in the data center sector. Server racks, network racks, wall mounts, aisle containment systems, and cable management solutions are produced. Customized products and engineering services for data center design, construction, and functionality are provided. Accessories for Axis, FasTrak, colocation, seismic applications, and Open Compute Project standards are also engineered.
DAMAC's top competitors include Black Box, d-Matrix and NetRack Enclosures.
DAMAC has 4 investors. Key investors include Maysteel, Pleasant Bay Capital Partners, Prairie Capital, and Crescendo Capital Partners.
DAMAC operates through Damac Products Llc.
Yes. DAMAC was acquired by Maysteel in December 2017.