About SilverStorm Technologies
SilverStorm Technologies is a Technology company based in King Of Prussia (United States) founded in 1999, and was acquired by QLogic in October 2006. High-performance networking solutions for data centers and clusters are delivered. SilverStorm Technologies has raised $28 million across 2 funding rounds from investors including Chevron, Arch Venture Partners and W Capital Partners. Its focus areas include Enterprise Infrastructure, Data Center Infrastructure, Equipment and Peripherals. Its competitors include d-Matrix, Cornelis Networks and APC; 2 of its 3 listed competitors have raised funding.
Company details
SilverStorm Technologies was founded in 1999 in King of Prussia, United States, originally as InfiniCon Systems. End-to-end fabric solutions for cluster and grid computing networks are manufactured and serviced by the company. Hardware and software products that enhance performance and scalability in data center environments are offered. Customers such as government agencies, research institutions, and corporations in the technology sector are served across the United States.
- Headquarters King Of Prussia, United States
- Stage Acquired
- SectorsTechnology
- Website silverstorm.com
- Social LinkedIn
- Acquired by QLogic (Oct 2006)
Funding Insights of SilverStorm Technologies
SilverStorm Technologies has successfully raised a total of $28M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $13 million completed in January 2006. 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 $28M
- Total Rounds 2
- Last Round Series C — $13M
- First Round $15M
(Sep 2003)
- Investors Count 8
All 2 funding rounds of SilverStorm Technologies 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 |
|---|---|---|---|---|---|
| Jan 2006 | $13M | Series C | – | Core Capital Partners, Axiom Venture Partners | |
| Sep 2003 | $15M | Series C | – | Bay Partners |
9 investors in total: 9 institutional.
Investors in SilverStorm Technologies
SilverStorm Technologies has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Chevron, Arch Venture Partners and W Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Core Capital Partners is engaged in venture capital investments. | core-capital.com | Washington, Dc, United States | ||
| axiomventures.com | ||||
VC firm investing mostly in the US | baypartners.com | Menlo Park, United States | ||
Venture capital investments are provided by Castile Ventures. | castileventures.com | La Jolla, United States | ||
Venture capital firm focused on life science companies | 1986 | archventure.com | Chicago, United States | |
Investment management firm which invests in direct secondary market | 2001 | wcapgroup.com | New York, United States | |
Financial advisory services are provided by Wells Fargo Advisors. | agedwards.com | St. Louis, United States | ||
Chevron Corporation is engaged in global energy production and sustainability. | 1879 | chevron.com | United States | |
Networking components for storage area and converged datacenters are supplied. | 1994 | qlogic.com | Aliso Viejo, United States |
Investor details for SilverStorm Technologies
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- Complete investor list
- Round participation
- Investor portfolios
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Timeline of SilverStorm Technologies
4 dated milestones of SilverStorm Technologies across 7 years, from founding to its latest funding, stage changes and deals.
- Founded SilverStorm Technologies is founded.
- Funding First funding round of $15.0M.
- Funding Latest funding round, Series C, of $13.0M.
- Exit Acquired by QLogic.
Competitors of SilverStorm Technologies
SilverStorm Technologies has 3 listed competitors in our database, 2 of them funded. They include d-Matrix, Cornelis Networks and APC.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| d-matrix.ai | 2019 | Los Altos, United States | $450M | 66 | Digital in-memory compute engines are developed for efficient AI processing. | |
| cornelisnetworks.com | 2019 | Wayne, United States | $85.25M | 129 | IT service suite solutions are provided for high-performance computing environments. | |
| apc.com | 1981 | South Kingstown, United States | 9 | APC is recognized for providing uninterruptible power solutions. |
Detailed competitors of SilverStorm Technologies
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Enterprise Networking & IT Infrastructure
3 companies that operate in the same segment as SilverStorm Technologies (Enterprise Networking & IT Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 |
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Frequently Asked Questions about SilverStorm Technologies
SilverStorm Technologies was founded in 1999 and raised its 1st funding round 4 years after it was founded.
SilverStorm Technologies is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania, United States.
SilverStorm Technologies is a funded company, having raised a total of $28M across 2 funding rounds to date. The company's 1st funding round was a Series C of $15M, raised on Sep 2003.
SilverStorm Technologies was founded in 1999 in King of Prussia, United States, originally as InfiniCon Systems. End-to-end fabric solutions for cluster and grid computing networks are manufactured and serviced by the company. Hardware and software products that enhance performance and scalability in data center environments are offered. Customers such as government agencies, research institutions, and corporations in the technology sector are served across the United States.
SilverStorm Technologies's top competitors include d-Matrix, Cornelis Networks and APC.
SilverStorm Technologies has 9 investors. Key investors include Chevron, Arch Venture Partners, W Capital Partners, Marvell, and Core Capital Partners.
Yes. SilverStorm Technologies was acquired by QLogic in October 2006.