About Schooner Information Technology
Schooner Information Technology is a Technology company based in Sunnyvale (United States) founded in 2007, and was acquired by SanDisk in June 2012. It operates as a caching Software for Hybrid Storage Systems. Schooner Information Technology has raised $35 million across 2 funding rounds from investors including SanDisk, CMEA Capital and Redpoint Ventures. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Direct Attached Storage and Arrays. Its legal entity is Schooner Information Technology, Inc. Its competitors include Pure Storage, Western Digital, SolidFire, Seagate and Infinidat and 5 more; 7 of its 10 listed competitors have raised funding.
Company details
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.
- Headquarters Sunnyvale, United States
- SectorsTechnology
- Website schoonerinfotech.com
- Social LinkedIn
- Acquired by SanDisk (Jun 2012)
- Legal Name Schooner Information Technology, Inc.
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 $35M
- Total Rounds 2
- Last Round Series B — $20M
- First Round $15M
(Oct 2007)
- Investors Count 2
All 2 funding rounds of Schooner Information Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2009 | $20M | Series B | – | – | – |
| Oct 2007 | $15M | Series A | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | cmea.com | - | |
Redpoint Ventures is engaged in venture capital investments. | – | redpoint.com | Woodside, United States | |
Enterprise SSD storage devices provider | 1988 | sandisk.com | Milpitas, United States |
Investor details for Schooner Information Technology
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Timeline of Schooner Information Technology
4 dated milestones of Schooner Information Technology across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Schooner Information Technology is founded.
- Funding First funding round of $15.0M.
- Funding Latest funding round, Series B, of $20.0M.
- Exit Acquired by SanDisk.
Competitors of Schooner Information Technology
Schooner Information Technology has 10 listed competitors in our database, 7 of them funded. They include Pure Storage, Western Digital, SolidFire, Seagate and Infinidat, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| purestorage.com | 2009 | Mountain View, United States | $528.51M | 422 | Provider of data storage platforms and subscription services | |
| westerndigital.com | 1970 | San Jose, United States | – | 6 | Enterprise storage solutions are delivered via AI-based platforms. | |
| solidfire.com | 2010 | Boulder, United States | $210.04M | 374 | Cloud computing Infrastructure | |
| seagate.com | 1979 | Scotts Valley, United States | – | 33,400 | DAS storage devices are supplied for enterprise and client applications. | |
| infinidat.com | 2011 | Waltham, United States | $350M | – | Enterprise hybrid storage systems | |
| nimblestorage.com | 2007 | Houston, United States | $98.75M | 15,156 | Primary storage, backup, and disaster recovery solutions are delivered. | |
| tegile.com | 2010 | Newark, United States | $151.32M | – | Enterprise hybrid storage arrays provider | |
| tintri.com | 2008 | Mountain View, United States | $260.8M | – | Hybrid storage is provided for virtualization and cloud environments. | |
| cleversafe.com | 2004 | Chicago, United States | $103.01M | 211 | Dispersed data storage technologies are developed for hybrid solutions. | |
| quantum.com | 1980 | San Jose, United States | – | 850 | Enterprise all-flash and hybrid storage products are provided for businesses. |
Detailed competitors of Schooner Information Technology
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Top companies in Enterprise Storage
10 companies that operate in the same segment as Schooner Information Technology (Enterprise Storage), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 2,498 | |
Provider of data storage platforms and subscription services | 2009 | Mountain View, California, United States | USD 528.51 M | USD 3.17 B | 4,789 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
Cloud-based file sharing and collaboration tools are offered for enterprises. | 2007 | San Francisco, California, United States | USD 607.2 M | USD 2.52 B | 3,978 | |
Cloud-based continuity management software is offered for business protection. | 2007 | Norwalk, California, United States | USD 100 M | USD 618.66 M | 591 | |
Enterprise cloud storage management software is provided for various workloads. | 2012 | Seattle, Washington, United States | USD 345.5 M | – | 696 | |
AI-powered cloud management software is delivered for enterprises. | 2009 | San Jose, California, United States | USD 317.2 M | USD 2.85 B | 10,040 | |
Dell is recognized for providing computers and technology solutions. | 1984 | Round Rock, Texas, United States | – | USD 113.72 B | 108,000 |
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Frequently Asked Questions about Schooner Information Technology
Schooner Information Technology was founded in 2007.
Schooner Information Technology is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
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 2007.
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.
Schooner Information Technology's top competitors include Pure Storage, Infinidat and Tintri.
Schooner Information Technology has 3 investors. Key investors include SanDisk, CMEA Capital, and Redpoint Ventures.
Schooner Information Technology operates through Schooner Information Technology, Inc..
Yes. Schooner Information Technology was acquired by SanDisk in June 2012.