About Texas Memory Systems
Texas Memory Systems is a Technology company based in Houston (United States) founded in 1978, and was acquired by IBM in August 2012. It designs and manufactures SSDs. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Direct Attached Storage and Arrays. Its competitors include Pure Storage, Western Digital and VAST Data; 2 of its 3 listed competitors have raised funding.
Company details
Texas Memory Systems was founded in 1978 in Houston, United States, focusing on the storage industry. Solid-state drives are designed and manufactured for enterprise use, including PCIe Flash memory-based drives, flash memory-based systems, and RAM-based systems with cached flash. Operations involve providing these products through OEM partnerships and reseller channels to support enterprise data needs.
- Headquarters Houston, United States
- Stage Acquired
- SectorsTechnology
- Website ramsan.com
- Social LinkedIn
- Acquired by IBM (Aug 2012)
Funding Insights of Texas Memory Systems
- Total Rounds 2
- First Round $960,865
(Jul 2009)
All 2 funding rounds of Texas Memory Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2009 | $960,865 | Unspecified | – | – | – |
| Jul 2009 | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Texas Memory Systems
Texas Memory Systems has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include IBM.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Hybrid cloud and DevOps automation are delivered to enterprises. | 1911 | ibm.com | United States |
Investor details for Texas Memory Systems
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Competitors of Texas Memory Systems
Texas Memory Systems has 3 listed competitors in our database, 2 of them funded. They include Pure Storage, Western Digital and VAST Data.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| purestorage.com | 2009 | Mountain View, United States | $528.51M | 422 | Provider of data storage platforms and subscription services | |
| westerndigital.com | 1970 | San Jose, United States | 6 | Enterprise storage solutions are delivered via AI-based platforms. | ||
| vastdata.com | 2016 | New York, United States | $341M | Data storage platforms for AI and deep learning are provided. |
Detailed competitors of Texas Memory Systems
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Web traffic of Texas Memory Systems
Websites that share an audience with Texas Memory Systems (ramsan.com).
Websites whose visitors overlap most with Texas Memory Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fusionio.com | 100% | View details | |||
| bitmicro.com | 99% | View details | |||
areasys.com | areasys.com | 99% | – | ||
storagesearch.com | storagesearch.com | 98% | #10,039,026 | – | |
supertalent.com | supertalent.com | 98% | #4,264,372 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Texas Memory Systems
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- 13 similar websites
- Audience overlap
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Top companies in Enterprise Storage
3 companies that operate in the same segment as Texas Memory Systems (Enterprise Storage) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based integrated application development platform | 2011 | New York, New York, United States | USD 173.73 M | USD 901.43 M | 2,498 | |
Provider of data storage platforms and subscription services | 2009 | Mountain View, California, United States | USD 528.51 M | USD 3.17 B | 4,789 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 |
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Related news about Texas Memory Systems
Complete news archive for Texas Memory Systems
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Frequently Asked Questions about Texas Memory Systems
Texas Memory Systems was founded in 1978 and raised its 1st funding round 31 years after it was founded.
Texas Memory Systems is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Texas Memory Systems was founded in 1978 in Houston, United States, focusing on the storage industry. Solid-state drives are designed and manufactured for enterprise use, including PCIe Flash memory-based drives, flash memory-based systems, and RAM-based systems with cached flash. Operations involve providing these products through OEM partnerships and reseller channels to support enterprise data needs.
Texas Memory Systems's top competitors include Pure Storage, Western Digital and VAST Data.
Texas Memory Systems has 1 investor. Key investors include IBM.
Yes. Texas Memory Systems was acquired by IBM in August 2012.