About Igneous Systems
Igneous Systems is a Technology company based in Seattle (United States) founded in 2013, and was acquired by Rubrik in December 2020. Cloud-based backup and recovery management solutions are provided. Igneous Systems has raised $67.66 million across 4 funding rounds from investors including Rubrik, WestRiver Group and Madrona. Igneous Systems was last valued at $63.8 million in September 2014. Igneous Systems offers products and services including Rubrik Security Cloud and Data Protection Solutions. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Storage Management and Backup & Recovery. Its legal entity is IGNEOUS SYSTEMS, INC. Its competitors include Rubrik, Veeam and Cohesity; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Seattle, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website igneous.io
- Social LinkedIn X YouTube
- Acquired by Rubrik (Dec 2020)
- Legal Name Igneous Systems, Inc
Products & Services of Igneous Systems
Igneous Systems offers a comprehensive portfolio of products and services, including Rubrik Security Cloud and Data Protection Solutions.
Cloud-based platform for protecting and managing enterprise data.
Tools for backing up and recovering unstructured data efficiently.
Apps and channels of Igneous Systems
its YouTube channel Rubrik has 7.42K subscribers and 30 videos.
Videos from Igneous Systems
The most watched videos on Igneous Systems's YouTube channel, Rubrik (7.42K subscribers). Click a video to play it here.
More on Rubrik.
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 $67.66M
- Total Rounds 4
- Last Round Series C — $25.87M
- First Round $3M
(May 2014)
- Investors Count 6
All 4 funding rounds of Igneous Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2019 | $25.87M | Series C | – | WestRiver Group | |
| Jan 2018 | $15M | Series B | – | Vulcan Capital | |
| Sep 2014 | $23.79M | Series A | $63.8M | New Enterprise Associates | |
| May 2014 | $3M | Seed | – | Madrona Venture Group |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2014 | $63.8M | •••••••• |
Last known valuation $63.8M (Sep 2014). 7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are focused across multiple sectors by the firm. | wrg.vc | Seattle, United States | ||
Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond. | madrona.com | |||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Private equity investments are backed by a single-family office firm. | capital.vulcan.com | Seattle, United States | ||
Redpoint Ventures is engaged in venture capital investments. | redpoint.com | Woodside, United States | ||
| obcx.com | ||||
Converged data management solutions are provided for backup and recovery. | 2014 | rubrik.com | Palo Alto, United States |
Investor details for Igneous Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Igneous Systems
3 people are tracked at Igneous Systems (1 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Jeff Hughes | CTO | Leadership |
Mike O'Brien | CRO | Team |
Jenny Lin | Solution Engineer | Team |
Complete people profiles for Igneous Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Igneous Systems
5 dated milestones of Igneous Systems across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Igneous Systems is founded.
- Funding First funding round of $3.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $25.9M.
- Exit Acquired by Rubrik.
Competitors of Igneous Systems
Igneous Systems has 3 listed competitors in our database, 3 of them funded. They include Rubrik, Veeam and Cohesity.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rubrik.com | 2014 | Palo Alto, United States | $553M | 1,715 | Converged data management solutions are provided for backup and recovery. | |
| veeam.com | 2006 | Columbus, United States | $644.58M | 109 | IT backup and recovery solutions are provided via cloud platform. | |
| cohesity.com | 2013 | San Jose, United States | $810M | Cloud and AI based enterprise data backup and management solutions |
Detailed competitors of Igneous Systems
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Igneous Systems
Websites that share an audience with Igneous Systems (igneous.io).
Websites whose visitors overlap most with Igneous Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| crunchbase.com | 100% | 3.7M | #12,418 | View details | |
na2.salesforce.com | na2.salesforce.com | 99% | – | ||
| linkedin.com | 99% | 1.9B | #18 | View details | |
| google.com | 99% | 85.8B | #1 | View details | |
| reddit.com | 99% | 4.4B | #9 | View details |
Top companies in IT Services & Operations
3 companies that operate in the same segment as Igneous Systems (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 Igneous Systems
Complete news archive for Igneous Systems
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Frequently Asked Questions about Igneous Systems
Igneous Systems was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Igneous Systems is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
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 Seed of $3M, raised on May 2014.
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.
Igneous Systems offers Rubrik Security Cloud and Data Protection Solutions.
Igneous Systems has 7 investors. Key investors include Rubrik, WestRiver Group, Madrona, NEA, and Vulcan Capital.
The valuation of Igneous Systems is $63.8M as of Sep 2014.
Igneous Systems operates through Igneous Systems, Inc.
Yes. Igneous Systems was acquired by Rubrik in December 2020.