About OpenStack
OpenStack is a company based in Austin (United States) founded in 2010 was acquired by Suse in November 2016.. OpenStack has raised $10 million across 1 funding round from investors including AT&T, IBM and Red Hat. OpenStack offers products and services including OpenStack Software, OpenStack Dashboard, and OpenStack Components. OpenStack operates in a competitive market with competitors including Neverinstall, Canonical, IGEL Technology, E2B and Deta, among others.
- Headquarter Austin, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Openinfra Foundation
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Products & Services of OpenStack
OpenStack offers a comprehensive portfolio of products and services, including OpenStack Software, OpenStack Dashboard, and OpenStack Components. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Open-source tools for managing cloud resources and services.
Web-based interface for controlling cloud infrastructure components.
Set of tools for compute, storage, and networking in cloud setups.
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Funding Insights of OpenStack
OpenStack has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Seed round of $10 million completed in September 2012. 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 1
- Last Round Seed — $10.0M
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First Round
First Round
(19 Sep 2012)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2012 | Amount | Seed - OpenStack | Valuation |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in OpenStack
OpenStack has secured backing from 8 investors, including institutional investors. Prominent investors backing the company include AT&T, IBM and Red Hat. 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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Mobile internet, TV, and telecommunication services are provided.
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An open-source cloud operating system is provided for connected devices.
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Hardware, software, and IT services are provided globally to businesses.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by OpenStack
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - OpenStack
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Openstack Comparisons
Competitors of OpenStack
OpenStack 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 Neverinstall, Canonical, IGEL Technology, E2B and Deta, 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 |
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Cloud operating system is utilized for desktop application access.
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An open-source cloud operating system is provided for connected devices.
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Platform offering Daas solution
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Developer of open-source runtime for executing AI-generated code in secure sandboxes
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Cloud applications are developed, stored, and published on the platform.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Openstack
Frequently Asked Questions about OpenStack
When was OpenStack founded?
OpenStack was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is OpenStack located?
OpenStack is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is OpenStack a funded company?
OpenStack is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Seed of $10M, raised on Sep 19, 2012.
What does OpenStack do?
OpenStack was founded in 2010 in Austin, United States, within the cloud computing sector. An open source platform is offered to build and manage public and private clouds, with resources for compute, storage, and networking provisioned via a dashboard or API. Orchestration, fault management, and service functions are included. Support is provided by entities such as Rackspace, Nebula, HP, and IBM.
Who are the top competitors of OpenStack?
OpenStack's top competitors include Canonical, E2B and IGEL Technology.
What products or services does OpenStack offer?
OpenStack offers OpenStack Software, OpenStack Dashboard, and OpenStack Components.
Who are OpenStack's investors?
OpenStack has 8 investors. Key investors include AT&T, IBM, Red Hat, Rackspace Technology, and HP.
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