About Upthere
Upthere is a company based in Palo Alto (United States) founded in 2011 was acquired by Western Digital in August 2017.. Upthere has raised $77 million across 3 funding rounds from investors including Kleiner Perkins, Western Digital and Square 1 Bank. Upthere offers products and services including Flashback Service and Data Migration Support.
- Headquarter Palo Alto, United States
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sandisk Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$77 M (USD)
in 3 rounds
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Latest Funding Round
$77 M (USD), Series B
Jul 27, 2016
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Investors
Kleiner Perkins
& 7 more
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Employee Count
Employee Count
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Acquired by
Western Digital
(Aug 28, 2017)
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Products & Services of Upthere
Upthere offers a comprehensive portfolio of products and services, including Flashback Service and Data Migration Support. 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.
A service for backing up and sharing content that was utilized by users
Assistance for moving content to alternative cloud storage options
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Software Development Team
80 people
Leadership Team
72 people
Finance and Accounting
37 people
Sales and Marketing
23 people
Human Resources and Administration
19 people
Product Management Team
15 people
Operations Team
14 people
Legal and Compliance
14 people
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Funding Insights of Upthere
Upthere has successfully raised a total of $77M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $77 million completed in July 2016. 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 3
- Last Round Series B — $77.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2016 | Amount | Series B - Upthere | Valuation | Western Digital Cptl , Kleiner Perkins | |
| Dec, 2015 | Amount | Debt – Conventional - Upthere | Valuation |
investors |
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| Nov, 2012 | Amount | Seed - Upthere | Valuation | Google Ventures , Kleiner Perkins |
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| 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 Upthere
Upthere has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Kleiner Perkins, Western Digital and Square 1 Bank. 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 investments are focused on by Floodgate in US startups.
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Founded Year | Domain | Location | |
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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Technology-focused private equity investments are conducted in the US.
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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 Upthere
| 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 - Upthere
| 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 |
Upthere Comparisons
Competitors of Upthere
| 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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Frequently Asked Questions about Upthere
When was Upthere founded?
Upthere was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Upthere located?
Upthere is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Upthere a funded company?
Upthere is a funded company, having raised a total of $77M across 3 funding rounds to date.
What does Upthere do?
Upthere was founded in 2011 in Palo Alto, United States, and operated in the cloud computing sector. Services were centered on assisting users of discontinued cloud storage platforms by facilitating data transfers to alternative providers. A promotional offer with a partner cloud storage company was included to support the transition process. Operations were limited to one-time data migration, with no involvement in ongoing storage or management.
What products or services does Upthere offer?
Upthere offers Flashback Service and Data Migration Support.
Who are Upthere's investors?
Upthere has 8 investors. Key investors include Kleiner Perkins, Western Digital, Square 1 Bank, Floodgate, and Google Ventures.
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