About MEGWARE
MEGWARE is a company based in Chemnitz (Germany) founded in 1990 by Gerd Maudrich, Jurgen Gretzschel, and Steffen Eckerscham.. MEGWARE offers products and services including SLIDESX®-LC, CLUSTWARE®, and XBAT. MEGWARE operates in a competitive market with competitors including Gluster, Bright Computing, Cycle Computing, X-ISS and Alces Flight, among others.
- Headquarter Chemnitz, Germany
- Founders Gerd Maudrich, Jurgen Gretzschel, Steffen Eckerscham
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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 Megware Computer Vertrieb Und Service Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$101.46 K (USD), Grant
Oct 01, 2020
- Investors
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Employee Count
Employee Count
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Products & Services of MEGWARE
MEGWARE offers a comprehensive portfolio of products and services, including SLIDESX®-LC, CLUSTWARE®, and XBAT. 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.
Efficient cooling and hardware for high-performance clusters.
Tools for managing and optimizing computing clusters.
System for testing and evaluating HPC performance.
Funding Insights of MEGWARE
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $101,458
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First Round
First Round
(01 Jul 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2020 | Amount | Grant - MEGWARE | Valuation |
investors |
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| Jul, 2017 | Amount | Grant - MEGWARE | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 MEGWARE
MEGWARE has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 MEGWARE
| 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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MEGWARE
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Megware Comparisons
Competitors of MEGWARE
MEGWARE 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 Gluster, Bright Computing, Cycle Computing, X-ISS and Alces Flight, 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 |
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Open source scale-out storage software is developed for cloud environments.
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Cluster management software for HPC, Hadoop, and OpenStack is offered.
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Cluster management solutions are provided for high-performance computing deployments.
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Cluster management software and HPC services are provided by X-ISS.
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Provides subscription services for high-performance computing, AI, and cloud solutions.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Megware
Frequently Asked Questions about MEGWARE
When was MEGWARE founded?
MEGWARE was founded in 1990 and raised its 1st funding round 27 years after it was founded.
Where is MEGWARE located?
MEGWARE is headquartered in Chemnitz, Germany. It is registered at Chemnitz, Saxony, Germany.
Who is the current CEO of MEGWARE?
Jurgen Gretzschel is the current CEO of MEGWARE. They have also founded this company.
What does MEGWARE do?
Founded in 1990 and based in Chemnitz, Germany, MEGWARE focuses on high-performance computing. Supercomputers are designed, manufactured, and marketed, with customized solutions provided for sectors including research and industry. Cluster monitoring, fault detection, job scheduling, and energy management features are integrated into the offerings. Liquid cooling systems are supplied for HPC setups, and development along with installation services for computing systems are handled across Europe.
Who are the top competitors of MEGWARE?
MEGWARE's top competitors include X-ISS, Gluster and Bright Computing.
What products or services does MEGWARE offer?
MEGWARE offers SLIDESX®-LC, CLUSTWARE®, and XBAT.
Who are MEGWARE's investors?
MEGWARE has 1 investor. Key investors include European Union.
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