Nishan Systems

San Jose, United States Founded: 1998 • Age: 28 yrs Acquired By McData
IP storage networking solutions are developed through switches and adapters.
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About Nishan Systems

Nishan Systems is a company based in San Jose (United States) founded in 1998 was acquired by McData in August 2003.. Nishan Systems has raised $80 million across 4 funding rounds from investors including Oracle, Dell and Lightspeed Venture Partners. Nishan Systems operates in a competitive market with competitors including DDN, Coraid, Chelsio, Incipient and Active Storage, among others.

  • Headquarter San Jose, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $80 M (USD)

    in 4 rounds

  • Latest Funding Round
    $10 M (USD), Debt – Conventional

    Dec 14, 2001

  • Investors
    Oracle

    & 9 more

  • Employee Count
    Employee Count
  • Acquired by
    McData

    (Aug 25, 2003)

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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
  • Total Rounds 4
  • Last Round Debt – Conventional — $10.0M
  • First Round

    (01 May 1999)

  • Investors Count 9
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2001 Amount Debt – Conventional - Nishan Systems Valuation

investors

Sep, 2000 Amount Series C - Nishan Systems Valuation

investors

Dec, 1999 Amount Series B - Nishan Systems Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture debt is provided globally across multiple sectors.
Founded Year Domain Location
Venture investments in systems, infrastructure, and applications for enterprise founders.
Founded Year Domain Location
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nishan Systems

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nishan Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nishan Systems Comparisons

Employees
+
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Competitors of Nishan Systems

Nishan Systems 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 DDN, Coraid, Chelsio, Incipient and Active Storage, 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
Big data and HPC storage appliances are provided for businesses.
domain founded_year HQ Location
Ethernet-based SAN storage solutions are provided for data networks.
domain founded_year HQ Location
Networking solutions for storage solutions
domain founded_year HQ Location
Enterprise storage, SAN virtualization, and data migration solutions are developed.
domain founded_year HQ Location
High-performance storage solutions are provided for content creators.
domain founded_year HQ Location
Storage area network solutions and data systems are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nishan Systems

Frequently Asked Questions about Nishan Systems

When was Nishan Systems founded?

Nishan Systems was founded in 1998 and raised its 1st funding round 1 year after it was founded.

Where is Nishan Systems located?

Nishan Systems is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Is Nishan Systems a funded company?

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 B of $20M, raised on May 01, 1999.

What does Nishan Systems do?

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.

Who are the top competitors of Nishan Systems?

Nishan Systems's top competitors include DDN, Chelsio and Coraid.

Who are Nishan Systems's investors?

Nishan Systems has 10 investors. Key investors include Oracle, Dell, Lightspeed Venture Partners, Western Technology Investment, and McData.

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