About ProStor Systems
ProStor Systems is a company based in Boulder (United States) founded in 2004 was acquired by Imation in August 2011. ProStor Systems has raised $30.4 million across 4 funding rounds from investors including Western Technology Investment, Imation and Sutter Hill Ventures. ProStor Systems operates in a competitive market with competitors including Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others.
- Headquarter Boulder, 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 Prostor Systems Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$30.4 M (USD)
in 4 rounds
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Latest Funding Round
$5.5 M (USD), Series C
Jun 25, 2010
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Investors
Western Technology Investment
& 4 more
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Employee Count
Not available
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Acquired by
Imation
(Aug 29, 2011)
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Funding Insights of ProStor Systems
ProStor Systems has successfully raised a total of $30.4M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $5.5 million completed in June 2010. 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.
Investors in ProStor Systems
ProStor Systems has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Western Technology Investment, Imation and Sutter Hill Ventures.
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Venture capital investments are offered to startups by NEA.
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Venture capital is offered by Boulder Ventures for innovative companies.
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Investor details for ProStor Systems
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Investments & Acquisitions by ProStor Systems
Investment portfolio details for ProStor Systems
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Financial Statements - ProStor Systems
Detailed financials for ProStor Systems
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Prostor Systems Comparisons
Peer comparison for ProStor Systems
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Competitors of ProStor Systems
ProStor 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 Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others.
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Cloud-based enterprise management solutions including backup and recovery are provided.
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IT backup and recovery solutions are provided via cloud platform.
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Converged data management solutions are provided for backup and recovery.
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Cloud and AI based enterprise data backup and management solutions
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Cloud based platform offering data backup and recovery solutions
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Cloud-based environments are delivered for application development and testing.
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Detailed competitors of ProStor Systems
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Latest news on Prostor Systems
Complete news archive for ProStor Systems
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Frequently Asked Questions about ProStor Systems
ProStor Systems was founded in 2004 and raised its 1st funding round 1 year after it was founded.
ProStor Systems is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
ProStor Systems is a funded company, having raised a total of $30.4M across 4 funding rounds to date.
Prostore is a provider of leading solutions for cost-effective and long-term storage solutions. Its solutions include removable disk storage systems for backup, archiving and retention under the brand of RDX. Other product InfiniVault provides intelligent and compliant archive solutions that allows companies to manage fixed digital assets, including videos, images, documents and other types of large, static data files. The RDX technology has been sold to Tandberg Data and Infinivault has been acquired by Imation Corporation.
ProStor Systems has 5 investors. Key investors include Western Technology Investment, Imation, Sutter Hill Ventures, NEA, and Boulder Ventures.