About Globanet
Globanet is a Technology company based in Los Angeles (United States) founded in 1996, and was acquired by Veritas Technologies in September 2020. Cloud data migration and archiving solutions are offered to enterprises. Its Indian entity Globanet India Private Limited reported revenue of ₹11.5 Lakh. Globanet offers products and services including NetBackup, Backup Exec, and InfoScale. Its focus areas include Enterprise Infrastructure, Cloud Infrastructure, Cloud Migration and Data Migration. Its competitors include Tervela, HYCU and Komprise; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 1996 in Los Angeles, United States, Globanet operates in the cloud computing sector, where enterprise data migration software is developed to transfer data from on-premise platforms to cloud environments. Archiving solutions are also provided, supported by connector APIs for private clouds and various data types. Services cater to small and large enterprises, with clients including Aetna and LPL Financial.
- Headquarters Los Angeles, United States
- Stage Acquired
- SectorsTechnology
- Website globanet.com
- Social LinkedIn X Facebook YouTube
- Acquired by Veritas Technologies (Sep 2020)
- Legal Name Globanet India Private Limited
- Date of Incorporation 14 Sep, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹11.5 Lakh
FY 2022 · -69% YoY
- Indian entity net profit₹1.6 Lakh
FY 2022 · 14% margin
- Indian entity EBITDA₹1.9 Lakh
FY 2022 · 17% margin
- Investors
- Acquired byVeritas Technologies
(Sep 2020)
Associated legal entities of Globanet
Globanet operates through Globanet India Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Globanet India Private Limited CIN U72900MH2016FTC285876 | Amalgamated | 14 Sep 2016 | Mumbai, Maharashtra | ₹0.1 Cr | 2 | View details |
Products & Services of Globanet
Globanet offers a comprehensive portfolio of products and services, including NetBackup, Backup Exec, and InfoScale.
Enterprise solution for data backup and recovery against threats.
Cost-effective tool for simplified data protection and restoration.
Platform for SLA-driven data resilience and application protection.
Apps and channels of Globanet
its YouTube channel Cohesity has 5.49K subscribers and 30 videos.
Videos from Globanet
The most watched videos on Globanet's YouTube channel, Cohesity (5.49K subscribers). Click a video to play it here.
More on Cohesity.
Investors in Globanet
Globanet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Veritas Technologies.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud and AI-based data governance software is delivered for enterprises. | 1983 | veritas.com | Santa Clara, United States |
Investor details for Globanet
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Board of directors of Globanet India Private Limited (Globanet)
Globanet India Private Limited is the primary company behind Globanet. The board of Globanet India Private Limited currently have 2 directors; the longest-serving is Vasudevan Vaidyanathan, appointed in 2020. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vasudevan Vaidyanathan DIN 06432048 | Director | 25 Sep 2020 | 6 yrs 1 mo | Globanet India Private Limited |
| Mangesh Krishnarao Kale DIN 07176195 | Director | 17 Jun 2021 | 5 yrs 4 mo | Globanet India Private Limited |
Financials of Globanet
Figures of Globanet India Private Limited, the primary company behind Globanet, for FY 2022. Revenue was ₹11.5 Lakh (-69% year on year). Net profit was ₹1.6 Lakh (14% margin). EBITDA was ₹1.9 Lakh (17% margin). Revenue has grown at a compounded annual rate of -54% over three years and -10% over five years.
- ₹11.5 LakhRevenue · FY 2022 · -69% YoY
- ₹1.6 LakhNet profit · 14% margin
- ₹1.9 LakhEBITDA · 17% margin
- ₹10 LakhPaid-up capital
- -54%Revenue CAGR, 3 years
- -10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Globanet India Private Limited are on its company page.
Detailed financial statements for Globanet
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Timeline of Globanet
2 dated milestones of Globanet across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Globanet is founded.
- Exit Acquired by Veritas Technologies.
Competitors of Globanet
Globanet has 3 listed competitors in our database, 3 of them funded. They include Tervela, HYCU and Komprise.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tervela.com | 2004 | Boston, United States | $60.2M | 21 | Solutions for data migration, filtering, and visualization are offered. | |
| hycu.com | 2018 | Boston, United States | $140.5M | Cloud-based data migration and disaster recovery solutions are offered. | ||
| komprise.com | 2014 | Campbell, United States | $79.2M | 75 | Data migration across clouds is enabled by a SaaS platform. |
Detailed competitors of Globanet
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Web traffic of Globanet
Websites that share an audience with Globanet (globanet.com).
Websites whose visitors overlap most with Globanet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| indexengines.com | 100% | 2.1K | #6,023,238 | View details | |
| netmail.com | 98% | View details | |||
| uctcorp.com | 94% | 3.3K | #6,477,672 | View details | |
| vicom.com | 70% | View details | |||
| acuotech.com | 64% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Globanet
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- 14 similar websites
- Audience overlap
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Top companies in IT Services & Operations
3 companies that operate in the same segment as Globanet (IT Services & Operations) in United States, 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 platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Globanet
Complete news archive for Globanet
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Frequently Asked Questions about Globanet
Globanet was founded in 1996.
Globanet is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
The primary company behind Globanet, Globanet India Private Limited, reported revenue of ₹11.5 Lakh for FY 2022, down 69% year on year.
Founded in 1996 in Los Angeles, United States, Globanet operates in the cloud computing sector, where enterprise data migration software is developed to transfer data from on-premise platforms to cloud environments. Archiving solutions are also provided, supported by connector APIs for private clouds and various data types. Services cater to small and large enterprises, with clients including Aetna and LPL Financial.
Globanet offers NetBackup, Backup Exec, and InfoScale.
Globanet has 1 investor. Key investors include Veritas Technologies.
Globanet operates through Globanet India Private Limited.
Yes. Globanet was acquired by Veritas Technologies in September 2020.
The legal entities of Globanet currently have 2 directors, including Vasudevan Vaidyanathan, Mangesh Krishnarao Kale.