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
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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 Schooner Information Technology, Inc.
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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 Funding
- Total Rounds 2
- Last Round Series B — $20.0M
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First Round
First Round
(01 Oct 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2009 | Amount | Series B - Schooner Information Technology | Valuation |
investors |
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| Oct, 2007 | Amount | Series A - Schooner Information Technology | Valuation |
investors |
| 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 |
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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.
| Investor | Description | Founded Year | Domain | Location |
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Redpoint Ventures is engaged in venture capital investments.
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Enterprise SSD storage devices provider
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Schooner Information Technology
| 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 - Schooner Information Technology
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Schooner Information Technology Comparisons
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 |
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| domain | founded_year | HQ Location |
Provider of data storage platforms and subscription services
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| domain | founded_year | HQ Location |
Enterprise storage solutions are delivered via AI-based platforms.
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| domain | founded_year | HQ Location |
Cloud computing Infrastructure
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| domain | founded_year | HQ Location |
DAS storage devices are supplied for enterprise and client applications.
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Enterprise hybrid storage systems
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| domain | founded_year | HQ Location |
Primary storage, backup, and disaster recovery solutions are delivered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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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