About Ondat
Ondat is a company based in London (United Kingdom) founded in 2015 by Alex Chircop was acquired by Akamai in March 2023.. Ondat has raised $20 million across 3 funding rounds from investors including Akamai, Downing Ventures and Bain Capital Ventures. Ondat operates in a competitive market with competitors including Minio, Portworx, Robin Systems, Ionir and ClusterHQ, among others.
- Headquarter London, United Kingdom
- Founders Alex Chircop
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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 Storageos Ltd
- Date of Incorporation 29 May, 2015
- Jurisdiction BICESTER, OXFORDSHIRE, UNITED KINGDOM
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Funding Insights of Ondat
Ondat has successfully raised a total of $20M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in February 2021. 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 3
- Last Round Series B — $10.0M
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First Round
First Round
(29 Jun 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2021 | Amount | Series B - Ondat | Valuation | Downing Ventures | |
| May, 2018 | Amount | Series A - Ondat | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - Ondat | Valuation | Bain Capital Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Ondat
Ondat has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Akamai, Downing Ventures and Bain Capital Ventures. 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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Founded Year | Domain | Location | |
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Venture capital fund focused on investing in multiple sectors
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Venture capital is directed toward infrastructure software companies.
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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 Ondat
| 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 - Ondat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Ondat Comparisons
Competitors of Ondat
Ondat 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 Minio, Portworx, Robin Systems, Ionir and ClusterHQ, 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 |
Platform offering object storage solutions
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| domain | founded_year | HQ Location |
Provider of a tool for developers and IT Ops to run containerized applications
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| domain | founded_year | HQ Location |
Platform offering container storage software
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| domain | founded_year | HQ Location |
Kubernetes-native storage and data management solutions are provided.
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| domain | founded_year | HQ Location |
Provides data management solutions for Docker containers.
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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 Ondat
Frequently Asked Questions about Ondat
When was Ondat founded?
Ondat was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Ondat located?
Ondat is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Ondat?
Richard Olver is the current CEO of Ondat.
Is Ondat a funded company?
Ondat is a funded company, having raised a total of $20M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 29, 2017.
What does Ondat do?
Ondat was founded in 2015 in London, United Kingdom, and operates within the cloud computing sector focused on container storage. Tools are provided for cost reduction, storage layer management, automation, centralized application monitoring, messaging systems, and risk mitigation in storage environments. Services support efficient handling of containerized workloads across cloud infrastructures.
Who are the top competitors of Ondat?
Ondat's top competitors include Minio, Portworx and Robin Systems.
Who are Ondat's investors?
Ondat has 7 investors. Key investors include Akamai, Downing Ventures, Bain Capital Ventures, Uncorrelated Ventures, and MMC Ventures.
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