About DDN
DDN is a company based in Chatsworth (United States) founded in 1998 by Paul Bloch and Alex Bouzari.. DDN has raised $309.9 million across 4 funding rounds from investors including Blackstone, European Union and ClearLight Partners. The company has 224 employees as of April 07, 2024. DDN has completed 3 acquisitions, including DOTscience, Nexenta and Tintri. DDN offers products and services including Data Intelligence Platform, AI400X2 Turbo, and Inferno. DDN operates in a competitive market with competitors including Panasas, Chelsio, WEKA, Coraid and Excelero, among others.
- Headquarter Chatsworth, United States
- Employees 224 as on 07 Apr, 2024
- Founders Paul Bloch, Alex Bouzari
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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 Datadirect Networks India Private Limited
- Date of Incorporation 12 Oct, 2015
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
$11.5 M (USD)26.69as on Mar 31, 2023
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Net Profit
$911.59 K (USD)7.5as on Mar 31, 2023
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EBITDA
$1.64 M (USD)-13.83as on Mar 31, 2023
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Total Equity Funding
$309.9 M (USD)
in 4 rounds
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Latest Funding Round
$300 M (USD), Series B
Jan 23, 2025
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Investors
Blackstone
& 4 more
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Employee Count
224
as on Apr 07, 2024
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Investments & Acquisitions
DOTscience
& 2 more
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Products & Services of DDN
DDN offers a comprehensive portfolio of products and services, including Data Intelligence Platform, AI400X2 Turbo, and Inferno. 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.
Platform for AI data management and high-speed processing
System for accelerating AI training and inference tasks
Solution for fast data access in AI environments
Unlock access to complete
Funding Insights of DDN
DDN has successfully raised a total of $309.9M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $300 million completed in January 2025. 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 4
- Last Round Series B — $300.0M
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First Round
First Round
(02 Jan 2002)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series B - DDN | Valuation | Blackstone |
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| Jan, 2019 | Amount | Grant - DDN | Valuation |
investors |
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| Jan, 2018 | Amount | Grant - DDN | Valuation |
investors |
| 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 DDN
DDN has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Blackstone, European Union and ClearLight 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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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location | |
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ClearLight Partners is engaged in private equity investments.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 DDN
DDN has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include DOTscience, Nexenta and Tintri. 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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Collaboration tools for AI and data project development are provided.
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2017 | ||||
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Hybrid storage is provided for virtualization and cloud environments.
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2008 | ||||
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Cloud-based software-defined storage solutions are provided by Nexenta.
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2005 |
| 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 - DDN
| 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 |
Ddn Comparisons
Competitors of DDN
DDN 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 Panasas, Chelsio, WEKA, Coraid and Excelero, 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 |
Parallel file system storage solutions are delivered via clustered appliances.
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| domain | founded_year | HQ Location |
Networking solutions for storage solutions
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| domain | founded_year | HQ Location |
Data storage solutions for AI workloads are developed by WEKA.
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| domain | founded_year | HQ Location |
Ethernet-based SAN storage solutions are provided for data networks.
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| domain | founded_year | HQ Location |
Decentralized block storage software for high-performance computing is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Ddn
Frequently Asked Questions about DDN
When was DDN founded?
DDN was founded in 1998 and raised its 1st funding round 4 years after it was founded.
Where is DDN located?
DDN is headquartered in Chatsworth, United States. It is registered at Chatsworth, California, United States.
Who is the current CEO of DDN?
Alex Bouzari is the current CEO of DDN. They have also founded this company.
Is DDN a funded company?
DDN is a funded company, having raised a total of $309.9M across 4 funding rounds to date. The company's 1st funding round was a Grant of $1.39M, raised on Jan 02, 2002.
How many employees does DDN have?
As of Apr 07, 2024, the latest employee count at DDN is 224.
What is the annual revenue of DDN?
Annual revenue of DDN is $11.5M as on Mar 31, 2023.
What does DDN do?
Platform offering big data and HPC storage appliances for businesses. It provides storage arrays, file systems, and object storage appliances for the cloud and data intensive environments and big data applications. It offers IME, a burst buffer, IO and application accelerator, Scalar, a parallel file system appliance, and WOS, a high performance object storage solution. The company offers products that provide data management, network-attached storage, block data storage, clustered file systems, and object storage. The company serves the entertainment, internet media, surveillance, and HPC vertical markets.
What products or services does DDN offer?
DDN offers Data Intelligence Platform, AI400X2 Turbo, and Inferno.
How many acquisitions has DDN made?
DDN has made 3 acquisitions, including DOTscience, Nexenta, and Tintri.
Who are DDN's investors?
DDN has 5 investors. Key investors include Blackstone, European Union, ClearLight Partners, unknown, and Digital Coast Ventures.
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