About RainStor
RainStor is a Media & Entertainment company based in San Francisco (United States) founded in 2002 by Tom Longshaw, and was acquired by Teradata in December 2014. It operates as an online platform offering technology news. RainStor has raised $26.33 million across 5 funding rounds from investors including Informatica, Credit Suisse and Dow. The company has 329 employees. Its chief executive is Steve Mcmillan. The company was acqui-hired. Its focus areas include Internet First Media, Science and Technology and Diversified. Its legal entity is INDUSTRY DIVE. Its competitors include 36Kr, CNET, Gigaom, The Next Web and Freethink and 4 more; 3 of its 9 listed competitors have raised funding.
Company details
RainStor was established in 2002 in San Francisco, United States, as an online platform focused on technology news. Coverage is provided in categories including technology, marketing, gadgets, social media, and business. Operations center on content delivery to users, with revenue generated through display advertisements on the domain rainstor.com. Leadership includes co-founder Tom Longshaw and CEO Steve Mcmillan.
- Headquarters San Francisco, United States
- Employees 329
- Founders Tom Longshaw
- Stage Acquired
- SectorsMedia & Entertainment
- Website rainstor.com
- Acquired by Teradata (Dec 2014)
- Legal Name Industry Dive
- Total Equity Funding$26.33M (USD)
in 5 rounds
- Latest Funding Round$12.04M (USD), Series C
Oct 2012
- InvestorsInformatica
& 6 more
- Employee Count329
- Acquired byTeradata
(Dec 2014)
Funding Insights of RainStor
RainStor has successfully raised a total of $26.33M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $12.04 million completed in October 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 $26.33M
- Total Rounds 5
- Last Round Series C — $12.04M
- First Round $4M
(Feb 2009)
- Investors Count 6
All 5 funding rounds of RainStor 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 |
|---|---|---|---|---|---|
| Oct 2012 | $12.04M | Series C | – | Credit Suisse, Rogers Venture Partners | |
| Mar 2012 | $984,827 | Series B | – | – | – |
| Jul 2011 | $1.8M | Series B | – | – | – |
| Mar 2010 | $7.5M | Series B | – | – | |
| Feb 2009 | $4M | Series A | – | – |
7 investors in total: 7 institutional.
Investors in RainStor
RainStor has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Informatica, Credit Suisse and Dow.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on multiple sectors | – | stormventures.com | Menlo Park, United States | |
Corporate-backed investments are directed to fintech, healthcare, and various sectors. | – | rogersvp.com | Palo Alto, United States | |
PE firm investing in Europe and the US | – | dhpep.com | London, United Kingdom | |
Wealth management, asset management, and investment banking services are offered. | 1856 | credit-suisse.com | Zurich, Switzerland | |
Dow Inc. is engaged in materials science and chemical manufacturing. | 1897 | dow.com | Saginaw, United States | |
Cloud based enterprise data preparation and management platform | 1993 | informatica.com | Redwood City, United States | |
Cloud and AI-based analytics and data fabric platforms are provided. | 1979 | teradata.com | San Diego, United States |
Investor details for RainStor
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.
People of RainStor
2 people are tracked at RainStor (2 in leadership); the tracked headcount is 329.
| Name | Role | Group |
|---|---|---|
Tom Longshaw | Co-Founder | Leadership |
Steve Mcmillan | CEO | Leadership |
Complete people profiles for RainStor
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of RainStor
4 dated milestones of RainStor across 12 years, from founding to its latest funding, stage changes and deals.
- Founded RainStor is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series C, of $12.0M.
- Exit Acquired by Teradata.
Competitors of RainStor
RainStor has 9 listed competitors in our database, 3 of them funded. They include 36Kr, CNET, Gigaom, The Next Web and Freethink, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| 36kr.com | 2010 | Beijing, China | $143.87M | – | Science and technology content is delivered via an online platform. | |
| cnet.com | 1994 | San Francisco, United States | – | – | Tech product reviews, news, and software downloads are provided. | |
| gigaom.com | 2006 | Santa Barbara, United States | $22M | – | Technology news and analysis are provided via an online platform. | |
| thenextweb.com | 2006 | Amsterdam, Netherlands | – | – | Science and technology news is delivered via an online platform. | |
| freethink.com | 2001 | New York, United States | $28.3M | 118 | Science and technology content is published on an online platform. | |
| inc.com | 2010 | New York, United States | – | – | Startups and technology news are delivered via an online platform. | |
| digitaltrends.com | 2006 | Portland, United States | – | 96 | Technology news and reviews are delivered via an online portal. | |
| theverge.com | 2011 | New York, United States | – | 1,313 | Technology, science, art, and culture news is published digitally. | |
| theinformation.com | 2013 | San Francisco, United States | – | – | Offers a subscription-based, ad-free portal for in-depth technology news. |
Detailed competitors of RainStor
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 DTC Media Innovators
10 companies that operate in the same segment as RainStor (DTC Media Innovators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified gaming and sports media platforms are operated and developed. | 1999 | Mumbai, Maharashtra, India | USD 127.93 M | USD 194.94 M | 63 | |
News media platform for soccer | 2008 | Berlin, Berlin, Germany | USD 320.1 M | USD 30.07 M | 298 | |
Multi-category news is delivered through an app-based platform. | 2016 | Arlington, Virginia, United States | USD 30 M | – | 356 | |
News media platform covering combat sports | 2011 | Singapore, Singapore | USD 236 M | USD 84.46 M | 657 | |
Multi-category news is curated and delivered in multiple languages. | 2009 | Bengaluru, Karnataka, India | USD 129.01 M | – | 942 | |
Hyperlocal short news app is provided in multiple languages. | 2014 | Hyderabad, Telangana, India | USD 30.77 M | USD 5.35 M | 309 | |
Online platform publishing content focusing on investment | 2011 | Chicago, Illinois, United States | USD 60.4 M | – | – | |
Subscription-based sports media is delivered to local premium audiences. | 2016 | Chicago, Illinois, United States | USD 134.42 M | – | – | |
Multiple online media and lifestyle brands are owned and operated. | 2007 | Levallois-perret, Hauts-de-seine, France | USD 4.7 M | – | – | |
Sports commentary and news are provided through Hupu's platform. | 2004 | Shanghai, Shanghai, China | USD 338.72 M | – | – |
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Frequently Asked Questions about RainStor
RainStor was founded in 2002 and raised its 1st funding round 7 years after it was founded.
RainStor is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Steve Mcmillan is the current CEO of RainStor.
RainStor is a funded company, having raised a total of $26.33M across 5 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Feb 2009.
RainStor has 329 employees.
RainStor was established in 2002 in San Francisco, United States, as an online platform focused on technology news. Coverage is provided in categories including technology, marketing, gadgets, social media, and business. Operations center on content delivery to users, with revenue generated through display advertisements on the domain rainstor.com. Leadership includes co-founder Tom Longshaw and CEO Steve Mcmillan.
RainStor's top competitors include 36Kr, CNET and The Next Web.
RainStor has 7 investors. Key investors include Informatica, Credit Suisse, Dow, Teradata, and Storm Ventures.
RainStor operates through Industry Dive.
Yes. RainStor was acquired by Teradata in December 2014.