About Spinnaker Networks
Spinnaker Networks is a company based in Irvine (United States) founded in 1999 was acquired by NetApp in November 2003.. Spinnaker Networks has raised $51.4 million across 2 funding rounds from investors including NetApp, Norwest Venture Partners and Menlo Ventures. Spinnaker Networks operates in a competitive market with competitors including iXsystems, QNAP, Aristos Logic, IBRIX and Tuxera, among others.
- Headquarter Irvine, 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 Spinnaker Networks
Spinnaker Networks has successfully raised a total of $51.4M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $31 million completed in May 2002. 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 B — $31.0M
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First Round
First Round
(01 Apr 2000)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2002 | Amount | Series B - Spinnaker Networks | Valuation |
investors |
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| Apr, 2000 | Amount | Series A - Spinnaker Networks | Valuation |
investors |
| 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 |
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Investors in Spinnaker Networks
Spinnaker Networks has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include NetApp, Norwest Venture Partners and Menlo Ventures. 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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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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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 Spinnaker Networks
| 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 - Spinnaker Networks
| 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 |
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 |
Spinnaker Networks Comparisons
Competitors of Spinnaker Networks
Spinnaker Networks 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 iXsystems, QNAP, Aristos Logic, IBRIX and Tuxera, 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 |
Enterprise servers and storage solutions for open source are provided.
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Enterprise network appliances and storage solutions are provided by QNAP.
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| domain | founded_year | HQ Location |
RAID storage processors are delivered via software and silicon solutions.
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| domain | founded_year | HQ Location |
Scale-out NAS platform for enterprise data storage is offered.
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| domain | founded_year | HQ Location |
Cloud based network storage solutions provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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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Latest news on Spinnaker Networks
Frequently Asked Questions about Spinnaker Networks
When was Spinnaker Networks founded?
Spinnaker Networks was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is Spinnaker Networks located?
Spinnaker Networks is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Is Spinnaker Networks a funded company?
Spinnaker Networks is a funded company, having raised a total of $51.4M across 2 funding rounds to date. The company's 1st funding round was a Series A of $20.4M, raised on Apr 01, 2000.
What does Spinnaker Networks do?
Spinnaker Networks is a provider of NAS storage solutions. It uses a 2-stage distributed file system SpinFS that enable, cost effective and easy management of multiple servers over LAN, MAN or WAN networks. Its acquistion enables NetApp to leverage more from the Storage Grid Architecture and attach network appliance to network easily.
Who are the top competitors of Spinnaker Networks?
Spinnaker Networks's top competitors include QNAP, Asustor and Functionland.
Who are Spinnaker Networks's investors?
Spinnaker Networks has 4 investors. Key investors include NetApp, Norwest Venture Partners, Menlo Ventures, and Mellon Ventures.
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