Schooner Information Technology

Sunnyvale, United States Founded: 2007 • Age: 19 yrs Acquired By SanDisk
Caching Software for Hybrid Storage Systems
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About Schooner Information Technology

Schooner Information Technology is a company based in Sunnyvale (United States) founded in 2007 was acquired by SanDisk in June 2012.. Schooner Information Technology has raised $35 million across 2 funding rounds from investors including SanDisk, CMEA Capital and Redpoint Ventures. Schooner Information Technology operates in a competitive market with competitors including Pure Storage, Western Digital, SolidFire, Seagate and Infinidat, among others.

  • Headquarter Sunnyvale, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Schooner Information Technology, Inc.
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $35 M (USD)

    in 2 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Jul 30, 2009

  • Investors
    SanDisk

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    SanDisk

    (Jun 26, 2012)

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Funding Insights of Schooner Information Technology

Schooner Information Technology has successfully raised a total of $35M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in July 2009. 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 Rounds 2
  • Last Round Series B — $20.0M
  • First Round

    (01 Oct 2007)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2009 Amount Series B - Schooner Information Technology Valuation

investors

Oct, 2007 Amount Series A - Schooner Information Technology 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 Schooner Information Technology

Schooner Information Technology has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include SanDisk, CMEA Capital and Redpoint Ventures. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Redpoint Ventures is engaged in venture capital investments.
Founded Year Domain Location
Enterprise SSD storage devices provider
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 Schooner Information Technology

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

Financial Statements - Schooner Information Technology

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

Schooner Information Technology Comparisons

Employees
+
Add Comparison
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Competitors of Schooner Information Technology

Schooner Information Technology 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, Seagate and Infinidat, 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
DAS storage devices are supplied for enterprise and client applications.
domain founded_year HQ Location
Enterprise hybrid storage systems
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 Schooner Information Technology

Frequently Asked Questions about Schooner Information Technology

When was Schooner Information Technology founded?

Schooner Information Technology was founded in 2007.

Where is Schooner Information Technology located?

Schooner Information Technology is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

Is Schooner Information Technology a funded company?

Schooner Information Technology is a funded company, having raised a total of $35M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Oct 01, 2007.

What does Schooner Information Technology do?

Schooner Information Technology was founded in 2007 in Sunnyvale, United States, and operates in the software sector focused on data caching and database management. Membrain, a multi-threaded implementation of memcached optimized for flash, is offered to enhance database-driven applications. SchoonerSQL, a MySQL-compatible OLTP database, is provided for high availability on x86 systems. Hybrid solutions combining DRAM and flash memory are supported to achieve cost-effective performance.

Who are the top competitors of Schooner Information Technology?

Schooner Information Technology's top competitors include Pure Storage, Infinidat and Tintri.

Who are Schooner Information Technology's investors?

Schooner Information Technology has 3 investors. Key investors include SanDisk, CMEA Capital, and Redpoint Ventures.

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