About DriveScale
DriveScale is a company based in Sunnyvale (United States) founded in 2013 was acquired by Twitter in January 2021.. DriveScale has raised $15 million across 1 funding round from investors including Pelion Venture Partners, Ingrasys and Nautilus Venture Partners. The company has 4 employees as of December 31, 2022. DriveScale operates in a competitive market with competitors including StackIQ, Expanso, Bright Computing, Linux Networx and Cycle Computing, among others.
- Headquarter Sunnyvale, United States
- Employees 4 as on 31 Dec, 2022
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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 Drivescale, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 1 rounds
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Latest Funding Round
$15 M (USD), Series A
May 14, 2016
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Investors
Pelion Venture Partners
& 3 more
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Employee Count
4
as on Dec 31, 2022
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Acquired by
Twitter
(Jan 25, 2021)
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Funding Insights of DriveScale
DriveScale has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series A round of $15 million completed in May 2016. 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 1
- Last Round Series A — $15.0M
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First Round
First Round
(14 May 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Series A - DriveScale | Valuation | Pelion Venture 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 DriveScale
DriveScale has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Pelion Venture Partners, Ingrasys and Nautilus Venture 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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US focused early-stage VC firm
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Founded Year | Domain | Location | |
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Early-stage US tech companies are funded by Nautilus Venture Partners.
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Founded Year | Domain | Location | |
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Manufactures AI servers and cloud infrastructure for global enterprises.
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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 DriveScale
| 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 |
Financial Statements - DriveScale
| 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 |
Drivescale Comparisons
Competitors of DriveScale
DriveScale 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 StackIQ, Expanso, Bright Computing, Linux Networx and Cycle Computing, 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 |
Provisioning and management of Big Data Servers
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| domain | founded_year | HQ Location |
Cloud based distributed data processing solution
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| domain | founded_year | HQ Location |
Cluster management software for HPC, Hadoop, and OpenStack is offered.
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| domain | founded_year | HQ Location |
Linux-based high-performance computing solutions are architected and supported.
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| domain | founded_year | HQ Location |
Cluster management solutions are provided for high-performance computing deployments.
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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 Drivescale
Frequently Asked Questions about DriveScale
When was DriveScale founded?
DriveScale was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is DriveScale located?
DriveScale is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Is DriveScale a funded company?
DriveScale is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Series A of $15M, raised on May 14, 2016.
How many employees does DriveScale have?
As of Dec 31, 2022, the latest employee count at DriveScale is 4.
What does DriveScale do?
DriveScale provides a rack-scale architecture for scale-up infrastructure environments. Company uses Software Composable Infrastructure to flexibly deploy and manage independent pools of resources in scale-out. Solution enables administrators to dynamically adjust compute and storage infrastructure to handle changing application and business needs. It optimizes resource allocation without overprovisioning. Clients include Clearsense and AppNexus. Technology partners include MapR, Cloudera, and Dell.
Who are the top competitors of DriveScale?
DriveScale's top competitors include Expanso, Linux Networx and Bright Computing.
Who are DriveScale's investors?
DriveScale has 4 investors. Key investors include Pelion Venture Partners, Ingrasys, Nautilus Venture Partners, and Twitter.
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