About Marathon Technologies
Marathon Technologies is a company based in Littleton (United States) founded in 1993 was acquired by Stratus Technologies in September 2012. Marathon Technologies has raised $63.28 million across 6 funding rounds from investors including GE Capital, Stratus Technologies and Atlas Venture. Marathon Technologies operates in a competitive market with competitors including Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others.
- Headquarter Littleton, United States
- SectorsTechnology
- Website marathontechnologies.com
- Social LinkedIn X
- Acquired by Stratus Technologies (Sep 2012)
- Legal Name Marathon Technologies Corp
- Total Equity Funding$63.28M (USD)
in 6 rounds
- InvestorsGE Capital
& 10 more
- Acquired byStratus Technologies
(Sep 2012)
Funding Insights of Marathon Technologies
Marathon Technologies has successfully raised a total of $63.28M across 6 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 $63.28M
- Total Rounds 6
- First Round $25M
(May 2000)
- Investors Count 10
All 6 funding rounds of Marathon Technologies 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 |
|---|---|---|---|---|---|
| Jul 2010 | – | Debt – Venture | – | – | |
| Feb 2010 | $13.48M | Series B | – | – | – |
| Mar 2007 | $12M | Series B | – | – | |
| Jun 2005 | $4M | Series B | – | – | – |
| Jan 2004 | $8.8M | Series B | – | Atlas Venture, Longworth Venture Partners | – |
| May 2000 | $25M | Series B | – | GE Capital, PSINet | – |
11 investors in total: 11 institutional.
Investors in Marathon Technologies
Marathon Technologies has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include GE Capital, Stratus Technologies and Atlas Venture.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech-focused Venture debt provider investing primarily in the US and Canada | 2000 | wellingtonfund.com | Toronto, Canada | |
Waiting list management and analyses services in the technology sector. | – | longworth.com | - | |
Early-stage venture capital investments in AI, healthcare, and enterprise technologies. | – | sierraventures.com | - | |
Venture capital firm investing in life science and biotechnology sectors | 1980 | atlasventure.com | Cambridge, United States | |
Venture capital is provided to multiple sectors by Presidio Ventures. | – | presidio-ventures.com | Santa Clara, United States | |
- | – | wpgvp.com | - | |
Venture capital fund focused on investing in multiple sectors | – | baincapitalventures.com | Boston, United States | |
- | – | glouston.com | - | |
Commercial aircraft and equipment leasing and lending services are provided. | 1932 | gecapital.com | United States | |
Internet services were provided using DSL technology across multiple regions. | 1989 | psinet.com | Herndon, United States |
Investor details for Marathon Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Marathon Technologies
4 dated milestones of Marathon Technologies across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Marathon Technologies is founded.
- Funding First funding round of $25.0M.
- Funding Latest funding round, Debt – Venture,.
- Exit Acquired by Stratus Technologies.
Competitors of Marathon Technologies
Marathon Technologies 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, Veeam, Rubrik, Cohesity and AvePoint, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| acronis.com | 2003 | Singapore | $658M | 314 | Cloud-based enterprise management solutions including backup and recovery are provided. | |
| veeam.com | 2006 | Columbus, United States | $644.58M | 109 | IT backup and recovery solutions are provided via cloud platform. | |
| rubrik.com | 2014 | Palo Alto, United States | $553M | 1,715 | Converged data management solutions are provided for backup and recovery. | |
| cohesity.com | 2013 | San Jose, United States | $810M | – | Cloud and AI based enterprise data backup and management solutions | |
| avepoint.com | 2001 | Jersey, United States | $90M | 303 | Cloud based platform offering data backup and recovery solutions | |
| druva.com | 2008 | Santa Clara, United States | $475.25M | 314 | Enterprise data is protected across cloud, SaaS, and devices. | |
| commvault.com | 1996 | Tinton Fall, United States | – | 2,882 | Cloud-based enterprise data backup and recovery solutions are provided. | |
| carbonite.com | 2005 | Boston, United States | $66M | 742 | Cloud and hybrid backup solutions are offered for small businesses. | |
| zerto.com | 2009 | Herzliya, Israel | $163.44M | 277 | Cloud-based storage and backup solutions are provided for enterprises. |
Detailed competitors of Marathon Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Marathon Technologies
10 companies that operate in the same segment as Marathon Technologies (IT Services & Operations), 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 | 1,240 | |
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 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Marathon Technologies
Marathon Technologies was founded in 1993 and raised its 1st funding round 7 years after it was founded.
Marathon Technologies is headquartered in Littleton, United States.
Marathon Technologies is a funded company, having raised a total of $63.28M across 6 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on May 2000.
Marathon Technologies was founded in 1993 in Littleton, United States, within the information technology sector. Software solutions are developed by the company to ensure high availability for server virtualization, including v-Available and everRun VM for Citrix XenServer. Fault-tolerant protection is provided through everRun MX for symmetric multiprocessing and multi-core servers running unmodified Windows applications on standard x86 Intel and AMD hardware. Partnerships with Microsoft and Citrix are maintained.
Marathon Technologies has 11 investors. Key investors include GE Capital, Stratus Technologies, Atlas Venture, PSINet, and Wellington Financial.
Marathon Technologies operates through Marathon Technologies Corp.
Yes. Marathon Technologies was acquired by Stratus Technologies in September 2012.