Seagate

Scotts Valley, United States Founded: 1979 • Age: 47 yrs
DAS storage devices are supplied for enterprise and client applications.
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About Seagate

Seagate is a company based in Scotts Valley (United States) founded in 1979 by Tom Mitchell, Alan Shugart, and Doug Mahon.. The company has 30,000 employees as of June 30, 2025. Seagate has completed 12 acquisitions, including Dot Hill, INTEVAC and Kioxia. Seagate operates in a competitive market with competitors including Pure Storage, SanDisk, Technicolor, Tintri and Western Digital, among others.

  • Headquarter Scotts Valley, United States
  • Employees 30000 as on 30 Jun, 2025
  • Founders Tom Mitchell, Alan Shugart, Doug Mahon
  • Stage Public
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Seagate Technology Holdings Plc
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
    $9.1 B
    38.86
    as on Jun 30, 2025
  • Net Profit
    $1.47 B
    338.51
    as on Jun 30, 2025
  • EBITDA
    $2.17 B
    208.55
    as on Jun 30, 2025
  • Latest Funding Round
    $500 M (USD), Debt – Conventional

    Sep 17, 2019

  • Investors
  • Employee Count
    30000

    as on Jun 30, 2025

  • Investments & Acquisitions
    Dot Hill

    & 11 more

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IPO & Listings of Seagate

Seagate is a publicly listed company on the NASDAQ with ticker symbol STX in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: STX . Sector: Electronic technology · USA
People of Seagate
Headcount 10000+
Employee Profiles 482
Board Members and Advisors 11
Employee Profiles
People
Wes Perdue
Customer Success - Technology, Product And Business Strategy Leader
People
Dan Ryan
Design Center Customer Technical Support Engineer
People
Scott Errington
Sr. Manager Technical Customer Support
People
Shivram Bhardwaj
Solutions Architect - OTC

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Board Members and Advisors
people
Jay L. Geldmacher
Director
people
Dylan Haggart
Board Member
people
Richard L. Clemmer
Director
people
Robert A. Bruggeworth
Director

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Funding Insights of Seagate

  • Total Funding
  • Total Rounds 10
  • Last Round Debt – Conventional — $500.0M
  • First Round

    (01 Oct 2014)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2019 Amount Debt – Conventional - Seagate Valuation

investors

Jan, 2019 Amount Grant - Seagate Valuation

investors

Sep, 2018 Amount Grant - Seagate 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 Seagate

Seagate has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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 Seagate

Seagate has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Dot Hill, INTEVAC and Kioxia. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Memory solutions for computing devices are developed and supplied.
2017
Online photo gallery and cloud storage are provided by Lyve.
2012
Hard disk drives and storage test equipment are provided.
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Seagate

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

Seagate Comparisons

Employees
+
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Competitors of Seagate

Seagate 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, SanDisk, Technicolor, Tintri and Western Digital, 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 SSD storage devices provider
domain founded_year HQ Location
Enterprise optical storage drivers and media IP licensing are provided.
domain founded_year HQ Location
Hybrid storage is provided for virtualization and cloud environments.
domain founded_year HQ Location
Enterprise storage solutions are delivered via AI-based platforms.
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 Seagate

Frequently Asked Questions about Seagate

When was Seagate founded?

Seagate was founded in 1979 and raised its 1st funding round 35 years after it was founded.

Where is Seagate located?

Seagate is headquartered in Scotts Valley, United States. It is registered at Scotts Valley, California, United States.

Who is the current CEO of Seagate?

Dave Mosley is the current CEO of Seagate.

How many employees does Seagate have?

As of Jun 30, 2025, the latest employee count at Seagate is 30,000.

What is the annual revenue of Seagate?

Annual revenue of Seagate is $9.1B as on Jun 30, 2025.

What does Seagate do?

Seagate was established in 1979 in Scotts Valley, United States, within the data storage sector. Disk drive products are manufactured for enterprise uses, including servers, mainframes, and workstations. Client-oriented solutions are provided for desktop and notebook computers, alongside non-compute applications such as digital video recorders, personal data backup systems, portable external storage, and digital media systems. Operations focus on hardware for both professional and consumer needs.

Who are the top competitors of Seagate?

Seagate's top competitors include Pure Storage, Infinidat and Tintri.

Is Seagate publicly traded?

Yes, Seagate is publicly traded on NASDAQ under the ticker symbol STX.

How many acquisitions has Seagate made?

Seagate has made 12 acquisitions, including Dot Hill, INTEVAC, and Kioxia.

Who are Seagate's investors?

Seagate has 1 investor. Key investors include European Union.

What is Seagate's ticker symbol?

The ticker symbol of Seagate is STX on NASDAQ.

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