About Elastifile
Elastifile is a company based in Herzliya (Israel) founded in 2013 was acquired by Google Cloud in July 2019.. Elastifile has raised $59 million across 4 funding rounds from investors including Lightspeed Venture Partners, Cisco Investments and Western Digital Cptl. Elastifile operates in a competitive market with competitors including Panzura, Lucidlink, Isilon, X-IO and SGI, among others.
- Headquarter Herzliya, Israel
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$59 M (USD)
in 4 rounds
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Latest Funding Round
$16 M (USD), Series B
Sep 06, 2017
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Investors
Lightspeed Venture Partners
& 6 more
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Employee Count
Employee Count
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Acquired by
Google Cloud
(Jul 09, 2019)
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Software Development Team
277 people
Sales and Marketing
274 people
Leadership Team
198 people
Product Management Team
165 people
Creative and Marketing Team
126 people
Operations Team
83 people
Senior Team
61 people
Account Team
58 people
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Funding Insights of Elastifile
Elastifile has successfully raised a total of $59M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $16 million completed in September 2017. 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 — $16.0M
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First Round
First Round
(14 Jan 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Series B - Elastifile | Valuation | Western Digital Cptl | |
| Jun, 2016 | Amount | Series B - Elastifile | Valuation |
investors |
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| Jan, 2016 | Amount | Series B - Elastifile | 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 Elastifile
Elastifile has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Lightspeed Venture Partners, Cisco Investments and Western Digital Cptl. 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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Multiple sectors are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Stage-agnostic tech-focused VC firm investing in geographies such as Israel and China
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Founded Year | Domain | Location | |
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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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 Elastifile
| 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 - Elastifile
| 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 |
Elastifile Comparisons
Competitors of Elastifile
Elastifile 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 Panzura, Lucidlink, Isilon, X-IO and SGI, 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.
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| domain | founded_year | HQ Location |
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Intelligent storage systems for enterprise and VDI applications are developed.
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High-performance computing hardware manufacturer
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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 Elastifile
Frequently Asked Questions about Elastifile
When was Elastifile founded?
Elastifile was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Elastifile located?
Elastifile is headquartered in Herzliya, Israel. It is registered at Herzliya, Central District, Israel.
Is Elastifile a funded company?
Elastifile is a funded company, having raised a total of $59M across 4 funding rounds to date. The company's 1st funding round was a Series B of $35M, raised on Jan 14, 2014.
What does Elastifile do?
Elastifile was founded in 2013 in Herzliya, Israel, as a storage provider for software-defined data centers and private clouds. Elastic, high-performance solutions are delivered through a flash-dedicated architecture that leverages 10GE networks and emerging storage media. Converged compute and storage services are supported in scale-out configurations. Funding of 35M was raised recently from industry leaders and investors including LSVP and Battery.
Who are the top competitors of Elastifile?
Who are Elastifile's investors?
Elastifile has 7 investors. Key investors include Lightspeed Venture Partners, Cisco Investments, Western Digital Cptl, CE Ventures, and Battery Ventures.
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