About SilverStorm Technologies
SilverStorm Technologies is a company based in King Of Prussia (United States) founded in 1999 was acquired by QLogic in October 2006.. SilverStorm Technologies has raised $28 million across 2 funding rounds from investors including Chevron, Arch Venture Partners and W Capital Partners. SilverStorm Technologies operates in a competitive market with competitors including d-Matrix, Cornelis Networks, APC, Black Box and One Stop Systems, among others.
- Headquarter King Of Prussia, 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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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 Total Funding
- Total Rounds 2
- Last Round Series C — $13.0M
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First Round
First Round
(24 Sep 2003)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2006 | Amount | Series C - SilverStorm Technologies | Valuation | Core Capital Partners , Axiom Venture Partners | |
| Sep, 2003 | Amount | Series C - SilverStorm Technologies | Valuation | Bay Partners |
| 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 |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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. 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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Core Capital Partners is engaged in venture capital investments.
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VC firm investing mostly in the US
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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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 SilverStorm Technologies
| 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 - SilverStorm Technologies
| 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 |
Silverstorm Technologies Comparisons
Competitors of SilverStorm Technologies
SilverStorm Technologies 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 d-Matrix, Cornelis Networks, APC, Black Box and One Stop Systems, 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 |
Digital in-memory compute engines are developed for efficient AI processing.
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| domain | founded_year | HQ Location |
IT service suite solutions are provided for high-performance computing environments.
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| domain | founded_year | HQ Location |
APC is recognized for providing uninterruptible power solutions.
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| domain | founded_year | HQ Location |
Data center equipment is supplied for enterprise operations optimization.
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| domain | founded_year | HQ Location |
High-performance compute appliances are offered and customized for intensive applications.
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| domain | founded_year | HQ Location |
Data center management products
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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| domain | founded_year | HQ Location |
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 SilverStorm Technologies
When was SilverStorm Technologies founded?
SilverStorm Technologies was founded in 1999 and raised its 1st funding round 4 years after it was founded.
Where is SilverStorm Technologies located?
SilverStorm Technologies is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania, United States.
Is SilverStorm Technologies a funded company?
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 24, 2003.
What does SilverStorm Technologies do?
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.
Who are the top competitors of SilverStorm Technologies?
SilverStorm Technologies's top competitors include Black Box, d-Matrix and NetRack Enclosures.
Who are SilverStorm Technologies's investors?
SilverStorm Technologies has 9 investors. Key investors include Chevron, Arch Venture Partners, W Capital Partners, Marvell, and Core Capital Partners.