About Troika Networks
Troika Networks is a Technology company based in Westlake Village (United States) founded in 1998, and was acquired by QLogic in October 2005. Network storage platforms are provided for application optimization. Troika Networks has raised $68.4 million across 3 funding rounds from investors including Marvell, Anthem Venture Partners and DFJ. Its focus areas include Enterprise Infrastructure, Enterprise Storage, Cloud Storage and Cloud NAS. Its competitors include Panzura, Lucidlink and Isilon; 3 of its 3 listed competitors have raised funding.
Company details
Troika Networks was founded in 1998 and is based in Westlake Village, United States. Operations focus on the network storage sector, where a platform called Accelera is offered. Storage applications are optimized through this system, and network capabilities are added flexibly via a policy-based approach. Data management and protection are facilitated for enterprise users.
- Headquarters Westlake Village, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website troikanetworks.com
- Social LinkedIn
- Acquired by QLogic (Oct 2005)
Funding Insights of Troika Networks
Troika Networks has successfully raised a total of $68.4M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $14.4 million completed in July 2005. 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 $68.4M
- Total Rounds 3
- Last Round Series B — $14.4M
- First Round $41M
(Aug 2000)
- Investors Count 7
All 3 funding rounds of Troika Networks 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 2005 | $14.4M | Series B | – | – | |
| May 2003 | $13M | Series A | – | Anthem Venture Partners | |
| Aug 2000 | $41M | Series A | – | – |
8 investors in total: 8 institutional.
Investors in Troika Networks
Troika Networks has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Marvell, Anthem Venture Partners and DFJ.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups in Southern California are invested in. | anthemvp.com | Santa Monica, United States | ||
US focused VC firm | dfj.com | Menlo Park, United States | ||
Early & growth stage tech and offline focused VC investment company funding companies in the US | windwardventures.com | San Diego, United States | ||
| hamiltonapex.com | ||||
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Innovations between customers and startups are promoted by the company. | nelco.com | United States | ||
Networking components for storage area and converged datacenters are supplied. | 1994 | qlogic.com | Aliso Viejo, United States |
Investor details for Troika Networks
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Timeline of Troika Networks
4 dated milestones of Troika Networks across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Troika Networks is founded.
- Funding First funding round of $41.0M.
- Funding Latest funding round, Series B, of $14.4M.
- Exit Acquired by QLogic.
Competitors of Troika Networks
Troika Networks has 3 listed competitors in our database, 3 of them funded. They include Panzura, Lucidlink and Isilon.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| panzura.com | 2008 | Campbell, United States | $168.03M | 107 | Cloud-based network attached storage is provided for global file management. | |
| lucidlink.com | 2016 | San Francisco, United States | $113.4M | Provider of Cloud NAS based on object storage technology | ||
| isilon.com | 2001 | Seattle, United States | $58.9M | Scale-out network attached storage is provided for unstructured data management. |
Detailed competitors of Troika Networks
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Top companies in Enterprise Storage
3 companies that operate in the same segment as Troika Networks (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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Frequently Asked Questions about Troika Networks
Troika Networks was founded in 1998 and raised its 1st funding round 2 years after it was founded.
Troika Networks is headquartered in Westlake Village, United States. It is registered at Westlake Village, California, United States.
Troika Networks is a funded company, having raised a total of $68.4M across 3 funding rounds to date. The company's 1st funding round was a Series A of $41M, raised on Aug 2000.
Troika Networks was founded in 1998 and is based in Westlake Village, United States. Operations focus on the network storage sector, where a platform called Accelera is offered. Storage applications are optimized through this system, and network capabilities are added flexibly via a policy-based approach. Data management and protection are facilitated for enterprise users.
Troika Networks has 8 investors. Key investors include Marvell, Anthem Venture Partners, DFJ, Windward Ventures, and Hamilton Apex.
Yes. Troika Networks was acquired by QLogic in October 2005.