About SwiftStack
SwiftStack is a company based in San Francisco (United States) founded in 2011 was acquired by Nvidia in March 2020.. SwiftStack has raised $25.7 million across 4 funding rounds from investors including Nvidia, Storm Ventures and Mayfield. SwiftStack offers products and services including DGX Cloud, GeForce RTX, and NeMo. SwiftStack operates in a competitive market with competitors including Cloudian, Minio, Sun Microsystems, Basho and WEKA, among others.
- Headquarter San Francisco, 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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- Legal Name Nvidia Corporation
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Products & Services of SwiftStack
SwiftStack offers a comprehensive portfolio of products and services, including DGX Cloud, GeForce RTX, and NeMo. 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.
Fully managed platform for AI development and deployment
AI-enhanced GPUs for gaming and creative work
Framework for building and deploying generative AI models
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Software Development Team
393 people
Leadership Team
112 people
Sales and Marketing
65 people
Senior Team
53 people
Product Management Team
30 people
Creative and Marketing Team
29 people
Human Resources and Administration
22 people
Principal Team
14 people
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Funding Insights of SwiftStack
SwiftStack has successfully raised a total of $25.7M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $2.1 million completed in February 2024. 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 4
- Last Round Series B — $2.1M
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First Round
First Round
(04 Jun 2012)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series B - SwiftStack | Valuation |
investors |
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| Oct, 2014 | Amount | Series B - SwiftStack | Valuation | OpenView | |
| Mar, 2013 | Amount | Series A - SwiftStack | Valuation | Mayfield |
| 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 SwiftStack
SwiftStack has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Nvidia, Storm Ventures and Mayfield. 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 fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Mayfield is focused on AI innovation and venture capital investments.
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Founded Year | Domain | Location | |
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US expansion-stage companies are invested in by OpenView.
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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 SwiftStack
| 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 - SwiftStack
| 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 |
Swiftstack Comparisons
Competitors of SwiftStack
SwiftStack 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 Cloudian, Minio, Sun Microsystems, Basho and WEKA, 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 |
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| domain | founded_year | HQ Location |
Scalable cloud object storage is offered to enterprises and providers.
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Platform offering object storage solutions
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Provides scalable hardware systems, servers, and storage for enterprise database optimization and management.
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Distributed Nosql Database and Cloud Storage
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| domain | founded_year | HQ Location |
Data storage solutions for AI workloads are developed by WEKA.
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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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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 Swiftstack
Frequently Asked Questions about SwiftStack
When was SwiftStack founded?
SwiftStack was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is SwiftStack located?
SwiftStack is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is SwiftStack a funded company?
SwiftStack is a funded company, having raised a total of $25.7M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6.1M, raised on Jun 04, 2012.
What does SwiftStack do?
Software defined storage for object storage. Its built on a scalable storage software project that runs on commodity hardware.It uses a distributed, shared-nothing architecture that scales linearly, AI and deep learning data sets. The platform provides a single hub for all documentation, articles, and tutorials, as well as tools for creating, configuring, and managing nodes and clusters. It also also offers tools for managing storage resources and data placement policies, and supports scaling storage capacity to exabytes within private data centers, edge locations, or public clouds.
Who are the top competitors of SwiftStack?
What products or services does SwiftStack offer?
SwiftStack offers DGX Cloud, GeForce RTX, and NeMo.
Who are SwiftStack's investors?
SwiftStack has 5 investors. Key investors include Nvidia, Storm Ventures, Mayfield, OpenView, and UMC Capital.
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