About NetApp
NetApp is a company based in San Jose (United States) founded in 1992 by David Hitz and Michael Malcolm.. The company has 11,700 employees as of April 30, 2024. NetApp has completed 22 acquisitions, including Akorri, Bycast and Cache IQ. NetApp operates in a competitive market with competitors including Cloudera, Hortonworks, Dell, EMC and MapR, among others.
- Headquarter San Jose, United States
- Employees 11700 as on 30 Apr, 2024
- Founders David Hitz, Michael Malcolm
- Stage Public
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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 Netapp, Inc.
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Annual Revenue
$6.57 B4.82as on Apr 30, 2024
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Net Profit
$1.19 B20.28as on Apr 30, 2024
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EBITDA
$1.67 B9.38as on Apr 30, 2024
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Latest Funding Round
$800 M (USD), Post-IPO
Sep 25, 2017
- Investors
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Employee Count
11700
as on Apr 30, 2024
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Investments & Acquisitions
Akorri
& 21 more
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IPO & Listings of NetApp
NetApp is a publicly listed company on the NASDAQ with ticker symbol NTAP in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
219 people
Leadership Team
95 people
Product Management Team
52 people
Sales and Marketing
43 people
Operations Team
29 people
Finance and Accounting
23 people
Senior Team
23 people
Solutions Team
16 people
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Funding Insights of NetApp
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $800.0M
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First Round
First Round
(01 Feb 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2017 | Amount | Post-IPO - NetApp | Valuation |
investors |
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| Feb, 2015 | Amount | Grant - NetApp | Valuation |
investors |
| 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 NetApp
NetApp 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 |
| 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 NetApp
NetApp has strategically engaged in corporate development activities, having acquired 22 companies. Notable acquisitions include Akorri, Bycast and Cache IQ. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Performance management solution for Apache Spark
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2019 | ||||
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Cloud workflows are analyzed and automated with minimal code.
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2019 | ||||
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Continuous cloud security monitoring and risk detection are provided.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - NetApp
| 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 |
Netapp Comparisons
Competitors of NetApp
NetApp 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 Cloudera, Hortonworks, Dell, EMC and MapR, 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-powered big data stack solutions are delivered for data management.
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| domain | founded_year | HQ Location |
Commercial Apache Hadoop distribution is offered for big data management.
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| domain | founded_year | HQ Location |
Dell is recognized for providing computers and technology solutions.
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| domain | founded_year | HQ Location |
Real estate development and construction projects are managed in Thailand.
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| domain | founded_year | HQ Location |
An enterprise-grade Hadoop platform is provided by MapR.
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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 Netapp
Frequently Asked Questions about NetApp
When was NetApp founded?
NetApp was founded in 1992 and raised its 1st funding round 23 years after it was founded.
Where is NetApp located?
NetApp is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of NetApp?
George Kurian is the current CEO of NetApp.
How many employees does NetApp have?
As of Apr 30, 2024, the latest employee count at NetApp is 11,700.
What is the annual revenue of NetApp?
Annual revenue of NetApp is $6.57B as on Apr 30, 2024.
What does NetApp do?
NetApp was founded in 1992 in San Jose, United States, and operates within the enterprise data management sector. Cloud-based storage and data management solutions are offered to support business operations and cost efficiency. Key services encompass secure cloud storage, data protection, management tools, and enterprise application security. Clients including Dreamworks, Ducati, and Gumgum are among those served by the platform.
Who are the top competitors of NetApp?
NetApp's top competitors include Cloudera, Dell and Hortonworks.
Is NetApp publicly traded?
Yes, NetApp is publicly traded on NASDAQ under the ticker symbol NTAP.
How many acquisitions has NetApp made?
Who are NetApp's investors?
NetApp has 1 investor. Key investors include European Union.
What is NetApp's ticker symbol?
The ticker symbol of NetApp is NTAP on NASDAQ.
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