About Igneous Systems
Igneous Systems is a company based in Seattle (United States) founded in 2013 was acquired by Rubrik in December 2020.. Igneous Systems has raised $67.66 million across 4 funding rounds from investors including Rubrik, WestRiver Group and Madrona. Igneous Systems offers products and services including Rubrik Security Cloud and Data Protection Solutions. Igneous Systems operates in a competitive market with competitors including Acronis, Rubrik, Veeam, Cohesity and AvePoint, among others.
- Headquarter Seattle, United States
- Stage Minicorn
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Igneous Systems, Inc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Igneous Systems
Igneous Systems offers a comprehensive portfolio of products and services, including Rubrik Security Cloud and Data Protection Solutions. 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.
Cloud-based platform for protecting and managing enterprise data.
Tools for backing up and recovering unstructured data efficiently.
Unlock access to complete
Unlock access to complete
Funding Insights of Igneous Systems
Igneous Systems has successfully raised a total of $67.66M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $25.87 million completed in March 2019. 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 C — $25.9M
-
First Round
First Round
(07 May 2014)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2019 | Amount | Series C - Igneous Systems | Valuation | WestRiver Group | |
| Jan, 2018 | Amount | Series B - Igneous Systems | Valuation | Vulcan Capital | |
| Sep, 2014 | Amount | Series A - Igneous Systems | Valuation | New Enterprise Associates |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Igneous Systems
Igneous Systems has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Rubrik, WestRiver Group and Madrona. 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 |
|---|---|---|---|---|
|
Investments are focused across multiple sectors by the firm.
|
Founded Year | Domain | Location | |
|
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
|
Founded Year | Domain | Location | |
|
Venture capital investments are offered to startups by NEA.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Igneous Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Igneous Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Igneous Systems Comparisons
Competitors of Igneous Systems
Igneous Systems 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 Acronis, Rubrik, Veeam, Cohesity and AvePoint, 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 enterprise management solutions including backup and recovery are provided.
|
|
| domain | founded_year | HQ Location |
Converged data management solutions are provided for backup and recovery.
|
|
| domain | founded_year | HQ Location |
IT backup and recovery solutions are provided via cloud platform.
|
|
| domain | founded_year | HQ Location |
Cloud and AI based enterprise data backup and management solutions
|
|
| domain | founded_year | HQ Location |
Cloud based platform offering data backup and recovery solutions
|
|
| domain | founded_year | HQ Location |
Cloud-based business continuity and disaster recovery solutions are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Igneous Systems
Frequently Asked Questions about Igneous Systems
When was Igneous Systems founded?
Igneous Systems was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Igneous Systems located?
Igneous Systems is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Igneous Systems a funded company?
Igneous Systems is a funded company, having raised a total of $67.66M across 4 funding rounds to date. The company's 1st funding round was a Series A of $23.79M, raised on May 07, 2014.
What does Igneous Systems do?
Igneous Systems was founded in 2013 in Seattle, United States, focusing on the cloud storage sector. A secondary system for data management is offered, along with remote oversight of secondary storage tiers. Products are available for backup, archive, and storage needs. Backup services from enterprise NAS systems to a hybrid storage cloud are supported, including optional tiering to public cloud providers.
Who are the top competitors of Igneous Systems?
What products or services does Igneous Systems offer?
Igneous Systems offers Rubrik Security Cloud and Data Protection Solutions.
Who are Igneous Systems's investors?
Igneous Systems has 7 investors. Key investors include Rubrik, WestRiver Group, Madrona, NEA, and Vulcan Capital.
What is Igneous Systems's valuation?
The valuation of Igneous Systems is $63.8M as of Sep 2014.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.