About Spring
Spring is a company based in San Mateo (United States) founded in 2004 was acquired by VMware in August 2009. It operates as a SaaS (Software-as-a-Service), and Managed Services. Spring has raised $97.14 million across 6 funding rounds from investors including VMware, Accel and Thrive Capital. Spring has completed 4 acquisitions, including Cloud Foundry, G2one.com and Hyperic. Spring offers products and services including Spring Boot, Spring Cloud, and Spring Security. Spring operates in a competitive market with competitors including SensioLabs, AMP, Redux, Next.js and AxonIQ, among others.
- Headquarter San Mateo, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Broadcom Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$97.14 M (USD)
in 6 rounds
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Latest Funding Round
$7.5 M (USD), Series C
Jul 10, 2014
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Investors
VMware
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Cloud Foundry
& 3 more
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Acquired by
VMware
(Aug 10, 2009)
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Products & Services of Spring
Spring offers a comprehensive portfolio of products and services, including Spring Boot, Spring Cloud, and Spring Security. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Spring Boot simplifies Java application development significantly.
Spring Cloud enables seamless cloud service integration.
Spring Security provides robust application security features.
Funding Insights of Spring
Spring has successfully raised a total of $97.14M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $7.5 million completed in July 2014. 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 6
- Last Round Series C — $7.5M
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First Round
First Round
(01 Jun 2007)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2014 | Amount | Series C - Spring | Valuation | Thrive Capital , BoxGroup |
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| Jun, 2009 | Amount | Series C - Spring | Valuation |
investors |
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| Jun, 2008 | Amount | Series B - Spring | Valuation | Accel |
| 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 |
Investors in Spring
Spring has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include VMware, Accel and Thrive Capital. 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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Early-stage technology startups are invested in by Thrive Capital.
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Founded Year | Domain | Location | |
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Investing in early-stage tech companies and ideas.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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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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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location | |
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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 Spring
Spring has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cloud Foundry, G2one.com and Hyperic. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Platform for cloud applications
|
2009 | ||||
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Limited information is available on G2one.com's core activities.
|
2007 | ||||
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Open source enterprise messaging system is developed and supported.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Spring
| 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 |
Spring Comparisons
Competitors of Spring
Spring 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 SensioLabs, AMP, Redux, Next.js and AxonIQ, 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 Symfony development services and open-source contributions
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| domain | founded_year | HQ Location |
A framework is provided for user-first web experiences.
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| domain | founded_year | HQ Location |
State management library for JavaScript applications is offered by Redux.
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| domain | founded_year | HQ Location |
React framework utilized for server-rendered apps and static sites.
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| domain | founded_year | HQ Location |
Application development frameworks for CQRS patterns are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Spring
Frequently Asked Questions about Spring
When was Spring founded?
Spring was founded in 2004 and raised its 1st funding round 3 years after it was founded.
Where is Spring located?
Spring is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is Spring a funded company?
Spring is a funded company, having raised a total of $97.14M across 6 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Jun 01, 2007.
What does Spring do?
Spring is utilized for creating modern, productive, and cloud-ready Java applications. It is integrated across various sectors including web applications, microservices, and serverless environments. Solutions provided by Spring encompass frameworks like Spring Boot for rapid development, Spring Cloud for distributed systems, and Spring Security for application protection. Event-driven and reactive architectures are supported to enhance resource efficiency. Batch processing capabilities are also offered for automated, offline data tasks.
Who are the top competitors of Spring?
Spring's top competitors include SensioLabs, AMP and Next.js.
What products or services does Spring offer?
Spring offers Spring Boot, Spring Cloud, and Spring Security.
How many acquisitions has Spring made?
Spring has made 4 acquisitions, including Cloud Foundry, G2one.com, and Hyperic.
Who are Spring's investors?
Spring has 5 investors. Key investors include VMware, Accel, Thrive Capital, BoxGroup, and Benchmark.
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