About Runecast
Runecast is a company based in London (United Kingdom) founded in 2014 was acquired by Dynatrace in January 2024.. Runecast has raised $1.72 million across 3 funding rounds from investors including Dynatrace, European Union and Limerock Advisory. Runecast offers products and services including Runecast Analyzer, Continuous Compliance, and Vulnerability Management. Runecast operates in a competitive market with competitors including ControlUp, Actifio, iWeb, AppSense and Akimbi Systems, among others.
- Headquarter London, United Kingdom
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Runecast Solutions Limited
- Date of Incorporation 03 Oct, 2014
- Jurisdiction LONDON, ENGLAND
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Products & Services of Runecast
Runecast offers a comprehensive portfolio of products and services, including Runecast Analyzer, Continuous Compliance, and Vulnerability 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.
Tool for streamlining IT compliance and security checks
Automated system for regulatory checks and remediation
Platform to prioritize and fix IT vulnerabilities based on data
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Software Development Team
3 people
Leadership Team
1 people
Advisor Team
1 people
Senior Team
1 people
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Funding Insights of Runecast
Runecast has successfully raised a total of $1.72M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $58.21 thousand completed in September 2021. 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 Total Funding
- Total Rounds 3
- Last Round Grant — $58,208
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First Round
First Round
(31 Mar 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Grant - Runecast | Valuation |
investors |
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| Oct, 2019 | Amount | Grant - Runecast | Valuation |
investors |
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| Mar, 2017 | Amount | Seed - Runecast | Valuation | Credo Ventures , Limerock Advisory |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Runecast
Runecast has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Dynatrace, European Union and Limerock Advisory. 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 |
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Government agency and accelerator focusing on innovative startups and SMEs
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Seed and early-stage investments in technology sectors are targeted.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Runecast
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Runecast
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Runecast Comparisons
Competitors of Runecast
Runecast 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 ControlUp, Actifio, iWeb, AppSense and Akimbi Systems, 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 |
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Cloud-based DaaS monitoring solutions are provided for IT operations analytics.
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Cloud-based copy data virtualization software is provided for data management.
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Cloud hosting, server hosting, and virtualization services are provided.
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User virtualization and data synchronization solutions are provided.
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Virtual infrastructure management is automated for software configurations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Runecast
Frequently Asked Questions about Runecast
When was Runecast founded?
Runecast was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Runecast located?
Runecast is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Runecast a funded company?
Runecast is a funded company, having raised a total of $1.72M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.72M, raised on Mar 31, 2017.
What does Runecast do?
Runecast was founded in 2014 and is headquartered in London, United Kingdom. Operations focus on the IT sector, where cloud-based tools are utilized for monitoring data in real time to detect misconfigurations. Configurations are scanned, analysis reports are generated, and resolution steps are supplied for identified issues. Built-in log insights and metrics are included, alongside services such as security compliance checks and configuration drift management.
Who are the top competitors of Runecast?
What products or services does Runecast offer?
Runecast offers Runecast Analyzer, Continuous Compliance, and Vulnerability Management.
Who are Runecast's investors?
Runecast has 5 investors. Key investors include Dynatrace, European Union, Limerock Advisory, EIC Fund, and Credo Ventures.
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