About Infinidat
Infinidat is a company based in Waltham (United States) founded in 2011 was acquired by Lenovo in January 2025.. Infinidat has raised $245 million across 4 funding rounds from investors including Lenovo, TPG and European Union. Infinidat operates in a competitive market with competitors including Pure Storage, Seagate, Western Digital, Tintri and Quantum, among others.
- Headquarter Waltham, United States
- Stage Unicorn
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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 Infinidat It India Private Limited
- Date of Incorporation 28 Sep, 2018
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$144.61 K (USD)-75.81as on Mar 31, 2023
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Net Profit
$-128.26 K (USD)-214.51as on Mar 31, 2023
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EBITDA
$-54.21 K (USD)-30.76as on Mar 31, 2023
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Total Equity Funding
$245 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Lenovo
& 5 more
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Employee Count
Employee Count
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Acquired by
Lenovo
(Jan 16, 2025)
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Software Development Team
53 people
Sales and Marketing
17 people
Leadership Team
12 people
Operations Team
11 people
Product Management Team
9 people
Human Resources and Administration
6 people
Legal and Compliance
4 people
Global Team
3 people
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Funding Insights of Infinidat
Infinidat has successfully raised a total of $245M across 4 strategic funding rounds. 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 Last Round
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First Round
First Round
(29 Apr 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Series D - Infinidat | Valuation | TPG , ION |
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| Jan, 2019 | Amount | Grant - Infinidat | Valuation |
investors |
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| Oct, 2017 | Amount | Series C - Infinidat | Valuation | Goldman Sachs Investment 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 Infinidat
Infinidat has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Lenovo, TPG and European Union. 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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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Claridge Israel is focused on growth investments in technology-driven companies.
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Founded Year | Domain | Location | |
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Long/short strategies are employed by ION hedge fund.
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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 Infinidat
| 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 - Infinidat
| 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 |
Infinidat Comparisons
Competitors of Infinidat
Infinidat 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 Pure Storage, Seagate, Western Digital, Tintri and Quantum, 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 |
Provider of data storage platforms and subscription services
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| domain | founded_year | HQ Location |
DAS storage devices are supplied for enterprise and client applications.
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| domain | founded_year | HQ Location |
Enterprise storage solutions are delivered via AI-based platforms.
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| domain | founded_year | HQ Location |
Hybrid storage is provided for virtualization and cloud environments.
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| domain | founded_year | HQ Location |
Enterprise all-flash and hybrid storage products are provided for businesses.
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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 Infinidat
Frequently Asked Questions about Infinidat
When was Infinidat founded?
Infinidat was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Infinidat located?
Infinidat is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Who is the current CEO of Infinidat?
Phil Bullinger is the current CEO of Infinidat.
Is Infinidat a funded company?
Infinidat is a funded company, having raised a total of $245M across 4 funding rounds to date. The company's 1st funding round was a Series C of $95M, raised on Apr 29, 2015.
What is the annual revenue of Infinidat?
Annual revenue of Infinidat is $144.61K as on Mar 31, 2023.
What does Infinidat do?
Infinidat was founded in 2011 and is headquartered in Waltham, United States. Hybrid storage systems for enterprises are developed, emphasizing data protection against ransomware, malware, and cyberattacks. Petabyte-scale storage is delivered in a single blade, incorporating mainframe capabilities through low-cost hardware. Operations support big data analytics, object storage, and related applications in the enterprise sector.
Who are the top competitors of Infinidat?
Infinidat's top competitors include Pure Storage, Tintri and Seagate.
Who are Infinidat's investors?
Infinidat has 6 investors. Key investors include Lenovo, TPG, European Union, Ion AM, and Claridge Israel.
What is Infinidat's valuation?
The valuation of Infinidat is $1.6B as of Oct 2017.
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