SnappyData

Portland, United States Founded: 2016 • Age: 10 yrs Acquired By TIBCO
In-memory OLAP and OLTP on Streaming Data fusing Apache Spark and GemFire

About SnappyData

SnappyData is a company based in Portland (United States) founded in 2016 was acquired by TIBCO in March 2019. SnappyData has raised $3.65 million across 1 funding round from investors including General Electric, TIBCO and Pivotal Software. The company has 22 employees. SnappyData operates in a competitive market with competitors including DataStax, Confluent, Striim, StreamSets and Impetus, among others.

Key Metrics
  • Annual Revenue
    ₹11 Lakh

    FY 2024 · +39% YoY

  • Net Profit
    ₹6.8 Lakh

    FY 2024 · 62% margin

  • EBITDA
    ₹9.6 Lakh

    FY 2024 · 87% margin

  • Total Equity Funding
    $3.65M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.65M (USD), Series A

    Apr 2016

  • Investors
  • Employee Count
    22
  • Acquired by
    TIBCO

    (Mar 2019)

Funding Insights of SnappyData

SnappyData has successfully raised a total of $3.65M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.65 million completed in April 2016. 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 $3.65M
  • Total Rounds 1
  • Last Round Series A β€” $3.65M
  • First Round $3.65M

    (Apr 2016)

  • Investors Count 2

All 1 funding rounds of SnappyData with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2016$3.65MSeries A––
Valuation history

3 investors in total: 3 institutional.

Investors in SnappyData

SnappyData has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include General Electric, TIBCO and Pivotal Software.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Enterprise platform as a service for big data is provided.
2013pivotal.ioSan Francisco, United States
Diversified operations are conducted across multiple industries worldwide.
1892ge.comUnited States
Data integration and analytics software is provided for enterprise use.
1996tibco.comBoston, United States
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Investor details for SnappyData

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Board of directors of Snappydata Technologies Private Limited (SnappyData)

Snappydata Technologies Private Limited is the primary company behind SnappyData. The board of Snappydata Technologies Private Limited currently have 3 directors; the longest-serving is Brian Lee Shytle, appointed in 2023. 13 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Brian Lee Shytle
DIN 10122594
Director19 Apr 20233 yrs 5 moSnappydata Technologies Private Limited
Pragya Chakraborty
DIN 10820038
Additional Director13 Nov 20241 yr 10 moSnappydata Technologies Private Limited
Antonio Gilbert Gomes
DIN 11253559
Additional Director06 Oct 20251 yrSnappydata Technologies Private Limited

Financials of SnappyData

Figures of Snappydata Technologies Private Limited, the primary company behind SnappyData, for FY 2024. Revenue was ₹11 Lakh (+39% year on year). Net profit was ₹6.8 Lakh (62% margin). EBITDA was ₹9.6 Lakh (87% margin). Revenue has grown at a compounded annual rate of +10% over three years and -62% over five years.

  • ₹11 LakhRevenue · FY 2024 · +39% YoY
  • ₹6.8 LakhNet profit · 62% margin
  • ₹9.6 LakhEBITDA · 87% margin
  • ₹1 LakhPaid-up capital
  • 22Employees (provident fund records)
  • +10%Revenue CAGR, 3 years
  • -62%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Snappydata Technologies Private Limited are on its company page.

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Detailed financial statements for SnappyData

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Timeline of SnappyData

3 dated milestones of SnappyData across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded SnappyData is founded.
  2. Funding First funding round of $3.6M.
  3. Exit Acquired by TIBCO.

Competitors of SnappyData

SnappyData 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 DataStax, Confluent, Striim, StreamSets and Impetus, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
datastax.com2010Santa Clara, United States$305M422
Cloud based database platform for enterprises
confluent.io2014Mountain View, United States$456M25
Cloud based data streaming analytics and governance platform
striim.com2012Palo Alto, United States$91.36M89
Streaming data integration and operational intelligence are facilitated through pipelines.
streamsets.com2014San Francisco, United States$67.5M129
Data streams are managed via flow design and performance monitoring.
impetus.com1991Los Gatos, United States$350M227
Cloud based software product development and technology
iguazio.com2014Herzliya, Israel$72M–
Streaming analytics platform provided for multiple industries worldwide.
hydrolix.io2018Portland, United States$145M–
Cloud-based data discovery and visualization solutions are provided.
streamnative.io2018San Francisco, United States$23.7M–
Cloud-based event streaming solutions are provided by StreamNative.
bodo.ai2019San Francisco, United States$14M22
Cloud workload analytics and security solutions are provided by Bodo.
solace.com2001Ottawa, Canada––
Data movement platform is provided for routing information between applications.
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Detailed competitors of SnappyData

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Latest news on Snappydata

Tibco snags SnappyData
Globalcorporateventuring β€’ 7 years ago
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Complete news archive for SnappyData

Full article history, source details, and older brand coverage require an active premium plan.

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Similar companies to SnappyData

10 companies that operate in the same segment as SnappyData (Big Data & Cloud Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based database-as-a-service platform is provided for application development.
2007New York, New York, United StatesUSD 586.72 MUSD 2.46 B5,560
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B2,241
Data, analytics, and AI capabilities are unified in a platform.
2013San Francisco, California, United StatesUSD 24.67 BUSD 15.9 M341
Cloud-based big data warehouse for enterprise data management is provided.
2012Bozeman, Montana, United StatesUSD 1.56 BUSD 3.63 B7,830
AI-powered big data stack solutions are delivered for data management.
2008Palo Alto, California, United StatesUSD 1.04 BUSD 869.26 M1,124
Cloud based integrated application development platform
2011New York, New York, United StatesUSD 173.73 MUSD 901.43 M1,210
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Provider of cloud and AI based CDN management software
1998Cambridge, Massachusetts, United StatesUSD 61.5 MUSD 4.21 B10,700
Provider of colocation data center services
1998Redwood City, California, United StatesUSD 175 MUSD 9.22 B13,610
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Frequently Asked Questions about SnappyData

SnappyData was founded in 2016.

SnappyData is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.

SnappyData is a funded company, having raised a total of $3.65M across 1 funding round to date. The company's 1st funding round was a Series A of $3.65M, raised on Apr 2016.

SnappyData has 22 employees.

The primary company behind SnappyData, Snappydata Technologies Private Limited, reported revenue of β‚Ή11 Lakh for FY 2024, up 39% year on year.

SnappyData provides data platform by fusing Apache Spark with in-memory store, GemFire to execute OLAP and OLTP queries on streaming data. A single database cluster ingests static data from HDFS and reference data from enterprise databases, allows SQL analytics on streaming data and interactive analytics on dataset. Extended Spark-SQL to support OLTP transactions. Analytical workloads are processed in Spark using Spark-SQL and Spark REST APIs to perform analytics. Incubated at Pivotal under leadership of GemFire founders. Spun out in Jan 2016 as a standalone entity. A preview of the software came out in Jan 2016.

SnappyData's top competitors include Confluent, DataStax and Striim.

SnappyData has 3 investors. Key investors include General Electric, TIBCO, and Pivotal Software.

SnappyData operates through Snappydata Technologies Private Limited.

Yes. SnappyData was acquired by TIBCO in March 2019.

The legal entities of SnappyData currently have 3 directors, including Pragya Chakraborty, Brian Lee Shytle, Antonio Gilbert Gomes.

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