About Nishan Systems
Nishan Systems is a Technology company based in San Jose (United States) founded in 1998, and was acquired by McData in August 2003. IP storage networking solutions are developed through switches and adapters. Nishan Systems has raised $80 million across 4 funding rounds from investors including Oracle, Dell and Lightspeed Venture Partners. Its focus areas include Enterprise Infrastructure, Enterprise Storage and Storage Area Network. Its competitors include DDN, Coraid and Chelsio; 3 of its 3 listed competitors have raised funding.
Company details
Nishan Systems was founded in 1998 in San Jose, United States, focusing on the storage networking sector. Switches and adapters based on Internet Protocol and gigabit Ethernet are developed by the company to facilitate data transfers between servers and storage devices. Storage over IP (SOIP) solutions are provided to connect storage and networks, supporting inter-networking capabilities in enterprise environments.
- Headquarters San Jose, United States
- Stage Acquired
- SectorsTechnology
- Website nishansystems.com
- Acquired by McData (Aug 2003)
Funding Insights of Nishan Systems
Nishan Systems has successfully raised a total of $80M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in December 2001. 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 $80M
- Total Rounds 4
- Last Round Debt – Conventional — $10M
- First Round $10M
(May 1999)
- Investors Count 9
All 4 funding rounds of Nishan Systems 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 |
|---|---|---|---|---|---|
| Dec 2001 | $10M | Debt – Conventional | – | – | |
| Sep 2000 | $50M | Series C | – | – | |
| Dec 1999 | $20M | Series B | – | – | – |
| May 1999 | $10M | Series A | – | – |
10 investors in total: 10 institutional.
Investors in Nishan Systems
Nishan Systems has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Oracle, Dell and Lightspeed Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture debt is provided globally across multiple sectors. | 1980 | westerntech.com | Portola Valley, United States | |
Venture investments in systems, infrastructure, and applications for enterprise founders. | next47.com | |||
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Biotech funding, drug development support, and investment in life sciences. | sofinnova.com | |||
Early-stage companies are funded by this venture capital firm. | altos.vc | Menlo Park, United States | ||
Venture capital investments are directed toward US, India, and China. | fusecapital.com | Menlo Park, United States | ||
Hybrid cloud infrastructure solutions are delivered for business management. | 1977 | oracle.com | Austin, United States | |
Dell is recognized for providing computers and technology solutions. | 1984 | dell.com | Round Rock, United States | |
Limited information available | 1995 | discoveryventuresinc.com | Vancouver, Canada | |
SAN switching solutions for storage networking are provided. | 1982 | mcdata.com | Broomfield, United States |
Investor details for Nishan Systems
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 Nishan Systems
4 dated milestones of Nishan Systems across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Nishan Systems is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Debt – Conventional, of $10.0M.
- Exit Acquired by McData.
Competitors of Nishan Systems
Nishan Systems has 3 listed competitors in our database, 3 of them funded. They include DDN, Coraid and Chelsio.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ddn.com | 1998 | Chatsworth, United States | $309.9M | 456 | Big data and HPC storage appliances are provided for businesses. | |
| coraid.com | 2000 | Redwood, United States | $99.89M | Ethernet-based SAN storage solutions are provided for data networks. | ||
| chelsio.com | 1997 | Sunnyvale, United States | $79M | 24 | Networking solutions for storage solutions |
Detailed competitors of Nishan Systems
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.
Top companies in Enterprise Storage
3 companies that operate in the same segment as Nishan Systems (Enterprise Storage) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 2,498 | |
Provider of data storage platforms and subscription services | 2009 | Mountain View, California, United States | USD 528.51 M | USD 3.17 B | 4,789 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 |
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Frequently Asked Questions about Nishan Systems
Nishan Systems was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Nishan Systems is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Nishan Systems is a funded company, having raised a total of $80M across 4 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on May 1999.
Nishan Systems was founded in 1998 in San Jose, United States, focusing on the storage networking sector. Switches and adapters based on Internet Protocol and gigabit Ethernet are developed by the company to facilitate data transfers between servers and storage devices. Storage over IP (SOIP) solutions are provided to connect storage and networks, supporting inter-networking capabilities in enterprise environments.
Nishan Systems has 10 investors. Key investors include Oracle, Dell, Lightspeed Venture Partners, Western Technology Investment, and McData.
Yes. Nishan Systems was acquired by McData in August 2003.