About Memeo
Memeo is a company based in Santa Clara (United States) founded in 2003 was acquired by UNICOM Systems in March 2014.. Memeo has raised $8.1 million across 2 funding rounds from investors including Square 1 Bank, Foundry and G51 Amplify. Memeo offers products and services including VeroFiles™, Memeo C1, and Backup Products. Memeo operates in a competitive market with competitors including Box, WeTransfer, Dropbox, Egnyte and Crossbeam, among others.
- Headquarter Santa Clara, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Memeo Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.1 M (USD)
in 2 rounds
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Latest Funding Round
$3 M (USD), Debt – Conventional
Feb 10, 2009
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Investors
Square 1 Bank
& 3 more
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Employee Count
Employee Count
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Acquired by
UNICOM Systems
(Mar 31, 2014)
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Products & Services of Memeo
Memeo offers a comprehensive portfolio of products and services, including VeroFiles™, Memeo C1, and Backup Products. 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.
Platform for accessing and managing cloud-stored files securely.
Tool for online file sharing and user login authentication.
Solutions for easy backup and synchronization of files.
Funding Insights of Memeo
Memeo has successfully raised a total of $8.1M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $3 million completed in February 2009. 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 2
- Last Round Debt – Conventional — $3.0M
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First Round
First Round
(07 Jan 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2009 | Amount | Debt – Conventional - Memeo | Valuation |
investors |
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| Jan, 2008 | Amount | Series B - Memeo | Valuation | Foundry |
| 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 Memeo
Memeo has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Square 1 Bank, Foundry and G51 Amplify. 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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Venture capital is invested in early-stage tech startups.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture debt, treasury, and cash management services are provided.
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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 Memeo
| 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 - Memeo
| 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 |
Memeo Comparisons
Competitors of Memeo
Memeo 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 Box, WeTransfer, Dropbox, Egnyte and Crossbeam, 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 |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
Cloud-based file sharing and file transfer application
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| domain | founded_year | HQ Location |
Cloud-based file sharing and collaboration tools are offered for enterprises.
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| domain | founded_year | HQ Location |
Platform that offers data governance and file sharing solutions
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| domain | founded_year | HQ Location |
Collaborative platform for data security and privacy is provided.
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| domain | founded_year | HQ Location |
Large files are shared efficiently via a cloud-based protocol.
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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 Memeo
Frequently Asked Questions about Memeo
When was Memeo founded?
Memeo was founded in 2003 and raised its 1st funding round 5 years after it was founded.
Where is Memeo located?
Memeo is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Is Memeo a funded company?
Memeo is a funded company, having raised a total of $8.1M across 2 funding rounds to date. The company's 1st funding round was a Series B of $8.1M, raised on Jan 07, 2008.
What does Memeo do?
Memeo Inc. was founded in 2003 and is headquartered in Santa Clara, United States, within Silicon Valley. Operations center on cloud-based data protection, with a shift from end-point backup to sync and share solutions through products like Memeo C1. Services encompass data backup, recovery, encryption, and security. The company serves 22 million customers and has distributed over 65 million software licenses across more than 150 countries in 20 languages.
Who are the top competitors of Memeo?
Memeo's top competitors include Box, WeTransfer and Dropbox.
What products or services does Memeo offer?
Memeo offers VeroFiles™, Memeo C1, and Backup Products.
Who are Memeo's investors?
Memeo has 4 investors. Key investors include Square 1 Bank, Foundry, G51 Amplify, and UNICOM Systems.