About Quantum
Quantum is a company based in San Jose (United States) founded in 1980 was acquired by XENON Systems in February 2024. It operates as a Storage-as-a-Service, Subscription Services, and Managed Services. The company has 635 employees as of March 31, 2024. Quantum has completed 6 acquisitions, including Atavium, Enclouden and Pancetera. Quantum offers products and services including Myriad™ All-Flash Storage, StorNext® File System, DXi® Backup Appliances, Scalar® Tape Storage, and CatDV™ Media Asset Management. Quantum operates in a competitive market with competitors including Pure Storage, Western Digital, SolidFire, Infinidat and Seagate, among others.
- Headquarter San Jose, United States
- Employees 635 as on 31 Mar, 2024
- Stage Public
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Quantum Corporation
-
Annual Revenue
$274.06 M-12.05as on Mar 31, 2024
-
Net Profit
$-115.09 M-178.77as on Mar 31, 2024
-
EBITDA
$-31.99 M-96.46as on Mar 31, 2024
-
Latest Funding Round
$210 M (USD), Debt – Conventional
Dec 28, 2018
- Investors
-
Employee Count
635
as on Mar 31, 2024
-
Investments & Acquisitions
Atavium
& 5 more
-
Acquired by
XENON Systems
(Feb 15, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Quantum
Quantum is a publicly listed company on the NASDAQ with ticker symbol QMCO in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Quantum
Quantum offers a comprehensive portfolio of products and services, including Myriad™ All-Flash Storage, StorNext® File System, DXi® Backup Appliances, Scalar® Tape Storage, and CatDV™ Media Asset Management. 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.
High-performance storage is provided for AI and data workloads.
File system is designed for high-speed data collaboration needs.
Backup solutions are offered for cyber resilience and recovery.
Tape storage is provided for long-term data retention needs.
Media assets are managed with AI-enabled workflow solutions.
Unlock access to complete
Unlock access to complete
Funding Insights of Quantum
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $210.0M
-
First Round
First Round
(21 Oct 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Debt – Conventional - Quantum | Valuation |
investors |
|
| Oct, 2016 | Amount | Debt – Conventional - Quantum | 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 Quantum
Quantum has secured backing from 1 investor. Prominent investors backing the company include XENON Systems. 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 |
|---|---|---|---|---|
|
Offers high-performance computing, AI, storage, and custom IT services globally.
|
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 Quantum
Quantum has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Atavium, Enclouden and Pancetera. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Data is mined, categorized, and managed by Atavium's platform.
|
2016 | ||||
|
Enterprise cloud engine for cloud management and monitoring
|
2012 | ||||
|
Cloud-based data recovery and backup management software is provided.
|
2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Quantum
| 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 |
Quantum Comparisons
Competitors of Quantum
Quantum 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 Pure Storage, Western Digital, SolidFire, Infinidat and Seagate, 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 |
Provider of data storage platforms and subscription services
|
|
| domain | founded_year | HQ Location |
Enterprise storage solutions are delivered via AI-based platforms.
|
|
| domain | founded_year | HQ Location |
Cloud computing Infrastructure
|
|
| domain | founded_year | HQ Location |
Enterprise hybrid storage systems
|
|
| domain | founded_year | HQ Location |
DAS storage devices are supplied for enterprise and client applications.
|
|
| domain | founded_year | HQ Location |
Primary storage, backup, and disaster recovery solutions are delivered.
|
| 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 Quantum
Frequently Asked Questions about Quantum
When was Quantum founded?
Quantum was founded in 1980 and raised its 1st funding round 36 years after it was founded.
Where is Quantum located?
Quantum is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Who is the current CEO of Quantum?
Jamie Lerner is the current CEO of Quantum.
How many employees does Quantum have?
As of Mar 31, 2024, the latest employee count at Quantum is 635.
What is the annual revenue of Quantum?
Annual revenue of Quantum is $274.06M as on Mar 31, 2024.
What does Quantum do?
End-to-end data management solutions are delivered by Quantum for organizations in the AI era. Unstructured data is stored, managed, protected, archived, and analyzed across its lifecycle. Sectors such as media, entertainment, government, life sciences, and financial services are served. High-performance platforms like Myriad and StorNext are offered alongside data protection with DXi appliances and long-term archiving with Scalar tape storage. Solutions for surveillance, security, ransomware recovery, and enterprise backup are provided. AI-driven insights and innovations are enabled through comprehensive data orchestration. Flexible subscription options are made available to align with budgetary needs.
Who are the top competitors of Quantum?
Quantum's top competitors include Pure Storage, Infinidat and Tintri.
What products or services does Quantum offer?
Quantum offers Myriad™ All-Flash Storage, StorNext® File System, DXi® Backup Appliances, Scalar® Tape Storage, and CatDV™ Media Asset Management.
Is Quantum publicly traded?
Yes, Quantum is publicly traded on NASDAQ under the ticker symbol QMCO.
How many acquisitions has Quantum made?
Who are Quantum's investors?
Quantum has 1 investor. Key investors include XENON Systems.
What is Quantum's ticker symbol?
The ticker symbol of Quantum is QMCO on NASDAQ.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.