About Virident Systems
Virident Systems is a company based in Milpitas (United States) founded in 2006 was acquired by Western Digital in September 2013.. Virident Systems has raised $116.38 million across 7 funding rounds from investors including Accel, Seagate and Western Digital. Virident Systems operates in a competitive market with competitors including SanDisk, Anobit, Fusion-io, Memblaze and Codelucida, among others.
- Headquarter Milpitas, 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$116.38 M (USD)
in 7 rounds
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Latest Funding Round
$40 M (USD), Series E
Jan 28, 2013
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Investors
Accel
& 10 more
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Employee Count
Employee Count
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Acquired by
Western Digital
(Sep 09, 2013)
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Funding Insights of Virident Systems
Virident Systems has successfully raised a total of $116.38M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $40 million completed in January 2013. 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 7
- Last Round Series E — $40.0M
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First Round
First Round
(01 Jun 2006)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2013 | Amount | Series E - Virident Systems | Valuation |
investors |
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| Sep, 2012 | Amount | Series D - Virident Systems | Valuation |
investors |
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| Nov, 2011 | Amount | Series C - Virident Systems | Valuation |
investors |
| 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 Virident Systems
Virident Systems has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Accel, Seagate and Western Digital. 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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Corporate-backed venture capital firm focused on healthcare, IT, and multiple sectors
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Founded Year | Domain | Location | |
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VC firm investing in companies in the US
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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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 Virident Systems
| 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 - Virident Systems
| 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 |
Virident Systems Comparisons
Competitors of Virident Systems
Virident Systems 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 SanDisk, Anobit, Fusion-io, Memblaze and Codelucida, 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 |
Enterprise SSD storage devices provider
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| domain | founded_year | HQ Location |
Flash storage systems for enterprises and mobile markets are developed.
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| domain | founded_year | HQ Location |
Enterprise solid-state storage solutions are delivered via PCIe interfaces.
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| domain | founded_year | HQ Location |
PCIe-based solid state drives are innovated by Memblaze.
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| domain | founded_year | HQ Location |
Enterprise SSD storage solutions with error-correction technology 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 Virident Systems
Frequently Asked Questions about Virident Systems
When was Virident Systems founded?
Virident Systems was founded in 2006.
Where is Virident Systems located?
Virident Systems is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Is Virident Systems a funded company?
Virident Systems is a funded company, having raised a total of $116.38M across 7 funding rounds to date. The company's 1st funding round was a Series C of $21M, raised on Jun 01, 2006.
What does Virident Systems do?
Virident Systems was founded in 2006 in Milpitas, United States, by a management team from Google, Sun Microsystems, Cisco, SGI, and Intel. Enterprise storage products are provided in the technology sector, with a focus on Storage Class Memory (SCM) constructed via flash technology. PCIe-based flash storage and Solid State Disks (SSDs) are offered specifically for database applications, supporting high-performance data operations.
Who are the top competitors of Virident Systems?
Who are Virident Systems's investors?
Virident Systems has 11 investors. Key investors include Accel, Seagate, Western Digital, Spansion, and Cisco Investments.
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