About Neverfail
Neverfail is a company based in Austin (United States) founded in 1993 was acquired by Online Tech in December 2018.. Neverfail has completed 1 acquisition, including Vertiscale. Neverfail operates in a competitive market with competitors including Acronis, Rubrik, Veeam, Cohesity and AvePoint, among others.
- Headquarter Austin, United States
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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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Annual Revenue
$160.8 K (USD)-77as on Dec 31, 2022
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Online Tech
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
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Funding Insights of Neverfail
| 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 Neverfail
Neverfail has secured backing from 2 investors. Prominent investors backing the company include Online Tech and Artisan Infrastructure. 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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Colocation and data center hosting services are provided.
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Founded Year | Domain | Location | |
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Provides cloud infrastructure and management for solution providers and enterprises.
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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 Neverfail
Neverfail has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vertiscale. 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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Database analytics platform is provided for healthcare organizations.
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2008 |
| 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 - Neverfail
| 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 |
Neverfail Comparisons
Competitors of Neverfail
Neverfail 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, Rubrik, Veeam, Cohesity and AvePoint, 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 |
Cloud-based enterprise management solutions including backup and recovery are provided.
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| domain | founded_year | HQ Location |
Converged data management solutions are provided for backup and recovery.
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| domain | founded_year | HQ Location |
IT backup and recovery solutions are provided via cloud platform.
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| domain | founded_year | HQ Location |
Cloud and AI based enterprise data backup and management solutions
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| domain | founded_year | HQ Location |
Cloud based platform offering data backup and recovery solutions
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| domain | founded_year | HQ Location |
Cloud-based business continuity and disaster recovery solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Neverfail
Frequently Asked Questions about Neverfail
When was Neverfail founded?
Neverfail was founded in 1993.
Where is Neverfail located?
Neverfail is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
What is the annual revenue of Neverfail?
Annual revenue of Neverfail is $160.8K as on Dec 31, 2022.
What does Neverfail do?
Neverfail was founded in 1993 and is based in Austin, United States. Disaster recovery solutions are offered in the IT sector, focusing on business continuity. Products include proactive monitoring and backups of data, applications, and files to maintain zero downtime during disasters. Private, bare metal, and hybrid cloud instances are supplied for enterprise use.
Who are the top competitors of Neverfail?
How many acquisitions has Neverfail made?
Neverfail has made 1 acquisition, including Vertiscale.
Who are Neverfail's investors?
Neverfail has 2 investors. Key investors include Online Tech, and Artisan Infrastructure.