Red Hat

Raleigh, United States Founded: 1993 • Age: 33 yrs Acquired By IBM
OpenStack distribution and Kubernetes cluster management are facilitated across clouds.
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About Red Hat

Red Hat is a company based in Raleigh (United States) founded in 1993 was acquired by IBM in October 2018.. Red Hat has completed 28 acquisitions, including 3scale, Amentra and Ansible. Red Hat operates in a competitive market with competitors including Docker, Platform9 Systems, Rancher Labs, Spectro Cloud and CoreOS, among others.

  • Headquarter Raleigh, United States
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Software Development & Engineering
Technology → Cloud, Data & Analytics Infrastructure
Technology → Software Development & Engineering
Technology → Cloud, Data & Analytics Infrastructure
Technology → Software Development & Engineering
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $370.4 K (USD), Grant

    Jan 01, 2023

  • Investors
    IBM

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    3scale

    & 27 more

  • Acquired by
    IBM

    & 1 more

    (Oct 28, 2018)

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People of Red Hat
Headcount 10000+
Employee Profiles 684
Employee Profiles
People
Juan Rosa
Manager, Global Procurement - Technology
People
Arnab Banerjee
Territory Sales Account Manager
People
Marco Bill
SVP & Chief Information Officer
People
Dion Picco
Data Insights And Business Strategy Consultant

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Funding Insights of Red Hat

  • Total Funding
  • Total Rounds 7
  • Last Round Grant — $370,400
  • First Round

    (01 Mar 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2023 Amount Grant - Red Hat Valuation

investors

Sep, 2022 Amount Grant - Red Hat Valuation

investors

Jan, 2021 Amount Grant - Red Hat 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 Red Hat

Red Hat has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include IBM and European Union. 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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Hybrid cloud and DevOps automation are delivered to enterprises.
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 Red Hat

Red Hat has strategically engaged in corporate development activities, having acquired 28 companies. Notable acquisitions include 3scale, Amentra and Ansible. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
NooBaa is recognized as a provider of dynamic data gateway solutions for object storage.
2019
Software development services are provided to various clients.
2018
Software development services are provided by Phlyt to clients worldwide.
2017
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 - Red Hat

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Red Hat Comparisons

Employees
+
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Competitors of Red Hat

Red Hat 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 Docker, Platform9 Systems, Rancher Labs, Spectro Cloud and CoreOS, 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
Cloud based open source platform offering docker suite
domain founded_year HQ Location
Container development and management platforms are provided for private clouds.
domain founded_year HQ Location
Cloud-based software for container and infrastructure management is provided.
domain founded_year HQ Location
Container management software is offered for hybrid cloud environments.
domain founded_year HQ Location
Container-based Linux OS is offered for scalable deployments.
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 Red Hat

Frequently Asked Questions about Red Hat

When was Red Hat founded?

Red Hat was founded in 1993 and raised its 1st funding round 22 years after it was founded.

Where is Red Hat located?

Red Hat is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.

Who is the current CEO of Red Hat?

Matt Hicks is the current CEO of Red Hat.

What does Red Hat do?

Red Hat was founded in 1993 in Raleigh, United States, and operates in the cloud computing and open-source software sector. Kubernetes clusters are created, managed, and deleted across private and public clouds through its platform. Costs are tracked, resources are controlled, and services such as application development and automation are provided to users worldwide.

Who are the top competitors of Red Hat?

Red Hat's top competitors include Docker, Platform9 Systems and Spectro Cloud.

How many acquisitions has Red Hat made?

Red Hat has made 28 acquisitions, including 3scale, Amentra, and Ansible.

Who are Red Hat's investors?

Red Hat has 2 investors. Key investors include IBM, and European Union.

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