About Proximal Data
Proximal Data is a Technology company based in San Diego (United States) founded in 2011, and was acquired by Samsung in November 2014. It operates as a server-side caching software is provided for virtualized environments. Proximal Data has raised $7 million across 3 funding rounds from investors including Samsung, Avalon Ventures and Divergent Ventures. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Storage Management and Storage Caching. Its legal entity is Proximal Data Inc. Its competitors include Qumulo, Smarsh, Lucidity, Portworx and PernixData and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Proximal Data was founded in 2011 in San Diego, United States, and operates in the information technology sector. Server-side caching solutions are offered specifically for virtualized environments, with AutoCache software designed to address IO bottlenecks through adaptive caching. Integration with PCIe flash cards or SSDs from partners is supported to enhance virtual server efficiency and performance. IT operations remain undisrupted by these implementations.
- Headquarters San Diego, United States
- SectorsTechnology
- Website proximaldata.com
- Social LinkedIn X
- Acquired by Samsung (Nov 2014)
- Legal Name Proximal Data Inc
Funding Insights of Proximal Data
Proximal Data has successfully raised a total of $7M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $2 million completed in April 2013. 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 $7M
- Total Rounds 3
- Last Round Series B — $2M
- First Round $3M
(Oct 2012)
- Investors Count 2
All 3 funding rounds of Proximal Data 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 |
|---|---|---|---|---|---|
| Apr 2013 | $2M | Series B | – | Avalon Ventures, Divergent Ventures | – |
| Mar 2013 | $2M | Series A | – | – | – |
| Oct 2012 | $3M | Series A | – | – | – |
3 investors in total: 3 institutional.
Investors in Proximal Data
Proximal Data has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Samsung, Avalon Ventures and Divergent Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed and early-stage venture capital is provided to US companies. | – | avalon-ventures.com | Cambridge, United States | |
Early-stage US tech companies are invested in by Divergent Ventures. | – | divergentvc.com | Seattle, United States | |
Multi-category electronic products are manufactured globally by the company. | 1969 | samsung.com | Suwon-si, South Korea |
Investor details for Proximal Data
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 Proximal Data
4 dated milestones of Proximal Data across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Proximal Data is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series B, of $2.0M.
- Exit Acquired by Samsung.
Competitors of Proximal Data
Proximal Data has 9 listed competitors in our database, 9 of them funded. They include Qumulo, Smarsh, Lucidity, Portworx and PernixData, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| qumulo.com | 2012 | Seattle, United States | $345.5M | 242 | Enterprise cloud storage management software is provided for various workloads. | |
| smarsh.com | 2001 | Portland, United States | $6.68M | – | Compliance management solutions for financial institutions' communications are provided. | |
| lucidity.cloud | 2021 | Bengaluru, India | $31.79M | 67 | Cloud block storage management is facilitated through an intelligent platform. | |
| portworx.com | 2014 | Redwood, United States | $55.5M | 55 | Provider of a tool for developers and IT Ops to run containerized applications | |
| pernixdata.com | 2012 | San Jose, United States | $62M | 139 | Cloud-based storage management is enabled through hypervisor software aggregation. | |
| pliops.com | 2015 | Ramat Gan, Israel | $205M | – | HPC storage accelerator platform is offered for enterprise use. | |
| backblaze.com | 2007 | San Mateo, United States | $5.3M | 273 | Cloud based platform offering storage management solutions | |
| parablu.com | 2014 | San Francisco, United States | $1.5M | 36 | Data security and backup solutions are provided for enterprises. | |
| paragon-software.com | 1994 | Irvine, United States | $14M | – | Provider of data storage management products |
Detailed competitors of Proximal Data
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 IT Services & Operations
10 companies that operate in the same segment as Proximal Data (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Proximal Data
Proximal Data was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Proximal Data is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Proximal Data is a funded company, having raised a total of $7M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Oct 2012.
Proximal Data was founded in 2011 in San Diego, United States, and operates in the information technology sector. Server-side caching solutions are offered specifically for virtualized environments, with AutoCache software designed to address IO bottlenecks through adaptive caching. Integration with PCIe flash cards or SSDs from partners is supported to enhance virtual server efficiency and performance. IT operations remain undisrupted by these implementations.
Proximal Data has 3 investors. Key investors include Samsung, Avalon Ventures, and Divergent Ventures.
Proximal Data operates through Proximal Data Inc.
Yes. Proximal Data was acquired by Samsung in November 2014.