About Sanovi
Sanovi is a company based in Bengaluru (India) founded in 2003 was acquired by IBM in October 2016. Sanovi has raised $14.1 million across 3 funding rounds from investors including IBM, Betul Oil and Advanced Technology Ventures. Sanovi operates in a competitive market with competitors including Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others.
- Headquarter Bengaluru, India
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Sanovi Technologies Private Limited
- Date of Incorporation 15 Jul, 1999
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$140.07 K (USD)61.51as on Mar 31, 2023
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Net Profit
$90.87 K (USD)109.02as on Mar 31, 2023
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EBITDA
-$11.11 K (USD)38.24as on Mar 31, 2023
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Total Equity Funding
$14.1 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Series B
Nov 02, 2010
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Investors
IBM
& 3 more
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Employee Count
Not available
- Acquired by
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Funding Insights of Sanovi
Sanovi has successfully raised a total of $14.1M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in November 2010. 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.
Investors in Sanovi
Sanovi has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include IBM, Betul Oil and Advanced Technology Ventures.
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VC firm making investment in early stage startups in the US
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Produces edible oils, animal feeds, organic products, and handles logistics in India.
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Limited information is available on BayFleet's core activities in Andover.
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Investor details for Sanovi
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Investments & Acquisitions by Sanovi
Investment portfolio details for Sanovi
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Financial Statements - Sanovi
Detailed financials for Sanovi
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Sanovi Comparisons
Peer comparison for Sanovi
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of Sanovi
Sanovi 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 Acronis, Veeam, Rubrik, Cohesity and AvePoint, among others.
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Cloud-based enterprise management solutions including backup and recovery are provided.
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IT backup and recovery solutions are provided via cloud platform.
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Converged data management solutions are provided for backup and recovery.
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Cloud and AI based enterprise data backup and management solutions
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Cloud based platform offering data backup and recovery solutions
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Cloud-based environments are delivered for application development and testing.
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Detailed competitors of Sanovi
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Latest news on Sanovi
Complete news archive for Sanovi
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Frequently Asked Questions about Sanovi
Sanovi was founded in 2003 and raised its 1st funding round 1 year after it was founded.
Sanovi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sanovi is a funded company, having raised a total of $14.1M across 3 funding rounds to date.
Annual revenue of Sanovi is $140.07K as on Mar 31, 2023.
Sanovi provider of business continuity cloud-recovery software helps organizations to pro-actively manage disaster recovery environments and ensure business managers that business applications can be recovered in compliance with service level agreements. It has recently launched Sanovi Cloud Continuity module for Cisco UCS Director with features such as dynamic resource management, self-service catalogs, policy-based automation and pay-per-use models. It is a Red Herring Global 100 award 2013 winner. Got acquired by IBM in October 2016.
Sanovi has 4 investors. Key investors include IBM, Betul Oil, Advanced Technology Ventures, and BayFleet.