About DataCore
DataCore is a company based in Fort Lauderdale (United States) founded in 1998 by John Bocskor and Bettye Grant. It operates as a SaaS (Software-as-a-Service), and Professional Services. DataCore has raised $120 million across 3 funding rounds from investors including Updata Partners, Insight Partners and Vista Equity Partners. The company has 73 employees as of April 09, 2024. DataCore has completed 5 acquisitions, including Caringo, MayaData and Object Matrix. DataCore offers products and services including SANsymphony, StarWind, Swarm, Nexus, and Puls8. DataCore operates in a competitive market with competitors including StorMagic, Cloudistics, Atlantis Computing, PAC Storage and Seanodes, among others.
- Headquarter Fort Lauderdale, United States
- Employees 73 as on 09 Apr, 2024
- Founders John Bocskor, Bettye Grant
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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 Datacore Software
- Date of Incorporation 25 Oct, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$4.38 M (USD)36.31as on Mar 31, 2023
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Net Profit
$463.52 K (USD)15.15as on Mar 31, 2023
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EBITDA
$806.88 K (USD)42.04as on Mar 31, 2023
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Total Equity Funding
$120 M (USD)
in 3 rounds
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Latest Funding Round
$60 M (USD), Series D
Jul 16, 2024
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Investors
Updata Partners
& 5 more
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Employee Count
73
as on Apr 09, 2024
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Investments & Acquisitions
Caringo
& 4 more
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Products & Services of DataCore
DataCore offers a comprehensive portfolio of products and services, including SANsymphony, StarWind, Swarm, Nexus, and Puls8. 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.
Software-defined storage is provided for SAN and HCI.
Cost-effective HCI solutions are offered for ROBO and SMBs.
Scalable data access is enabled through object storage.
High-performance file systems are delivered for HPC workloads.
Persistent storage is provided for Kubernetes stateful apps.
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Funding Insights of DataCore
DataCore has successfully raised a total of $120M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $60 million completed in July 2024. 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 3
- Last Round Series D — $60.0M
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First Round
First Round
(31 Oct 2001)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series D - DataCore | Valuation | Vistara Growth |
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| Apr, 2008 | Amount | Series C - DataCore | Valuation | Insight Partners , Updata Partners |
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| Oct, 2001 | Amount | Series C - DataCore | Valuation | Vista Equity Partners |
| 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 |
Investors in DataCore
DataCore has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Updata Partners, Insight Partners and Vista Equity Partners. 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Investments are directed toward high-growth enterprise software and technology companies.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 DataCore
DataCore has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Caringo, MayaData and Object Matrix. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Container automation and monitoring platforms are provided for Kubernetes workloads.
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2011 | ||||
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Hyper-converged infrastructure is provided via software-based virtual storage solutions.
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2008 | ||||
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Automated media workflow solutions are provided using AI technology.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - DataCore
| 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 |
Datacore Comparisons
Competitors of DataCore
DataCore 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 StorMagic, Cloudistics, Atlantis Computing, PAC Storage and Seanodes, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based virtual SAN management software is provided for server deployments.
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| domain | founded_year | HQ Location |
SAN storage acceleration is provided via flash appliances.
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| domain | founded_year | HQ Location |
Cloud-based enterprise virtual SAN software provider
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| domain | founded_year | HQ Location |
Enterprise data storage systems and hybrid cloud solutions are provided.
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| domain | founded_year | HQ Location |
Provides virtual SAN solutions for efficient data management.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Datacore
Frequently Asked Questions about DataCore
When was DataCore founded?
DataCore was founded in 1998 and raised its 1st funding round 3 years after it was founded.
Where is DataCore located?
DataCore is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.
Is DataCore a funded company?
DataCore is a funded company, having raised a total of $120M across 3 funding rounds to date. The company's 1st funding round was a Series C of $30M, raised on Oct 31, 2001.
How many employees does DataCore have?
As of Apr 09, 2024, the latest employee count at DataCore is 73.
What is the annual revenue of DataCore?
Annual revenue of DataCore is $4.38M as on Mar 31, 2023.
What does DataCore do?
DataCore Software is engaged in providing advanced data storage solutions across core, edge, and cloud environments. Software-defined storage and hyperconverged infrastructure are offered to ensure business continuity, data protection, and cybersecurity. Industries such as healthcare, education, government, and media are served with tailored solutions. Products like SANsymphony, StarWind, Swarm, Nexus, and Puls8 are developed to address specific storage needs, from block and object storage to container-native solutions. Operational efficiency is enhanced through AI and ML automation, while costs are reduced for over 10,000 customers worldwide.
Who are the top competitors of DataCore?
DataCore's top competitors include StorMagic, PAC Storage and Cloudistics.
What products or services does DataCore offer?
DataCore offers SANsymphony, StarWind, Swarm, Nexus, and Puls8.
How many acquisitions has DataCore made?
DataCore has made 5 acquisitions, including Caringo, MayaData, and Object Matrix.
Who are DataCore's investors?
DataCore has 6 investors. Key investors include Updata Partners, Insight Partners, Vista Equity Partners, NEA, and One Liberty Ventures.
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