About Virsa Systems
Virsa Systems is a Technology company based in Cedar Rapids (United States) founded in 1996, and was acquired by SAP in April 2006. It operates as a security and controls tools are provided across diverse industries. Virsa Systems has raised $15 million across 1 funding round from investors including SAP, Kleiner Perkins and Lightspeed Venture Partners. Its focus areas include Business Services, IT Services, Security and Consulting & Advisory. Its competitors include Leonardo, CertiK, Optiv Security, Convergint and DataGuard and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Virsa Systems was founded in 1996 in Cedar Rapids, United States. Risk and security administration tools and services are delivered to sectors including aviation, chemical, entertainment, finance, consumer packaged goods, defense, energy, insurance, manufacturing, and pharmaceutical. Consulting covers SAP product security, portal implementations and upgrades, production support optimization, training workshops on security and controls, and redesigns to address audit issues. Acquisition by SAP took place in April 2006.
- Headquarters Cedar Rapids, United States
- Stage Acquired
- SectorsTechnology
- Website virsasystems.com
- Acquired by SAP (Apr 2006)
Funding Insights of Virsa Systems
Virsa Systems has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series A round of $15 million completed in July 2004. 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 $15M
- Total Rounds 1
- Last Round Series A — $15M
- First Round $15M
(Jul 2004)
- Investors Count 3
All 1 funding rounds of Virsa 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 2004 | $15M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Virsa Systems
Virsa Systems has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include SAP, Kleiner Perkins and Lightspeed Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Venture capital fund backed by corporate office | – | sapventures.com | Palo Alto, United States | |
Cloud and AI-based ERP software is offered for enterprises. | 1972 | sap.com | Walldorf, Germany |
Investor details for Virsa Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of Virsa Systems
3 dated milestones of Virsa Systems across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Virsa Systems is founded.
- Funding First funding round of $15.0M.
- Exit Acquired by SAP.
Competitors of Virsa Systems
Virsa Systems has 9 listed competitors in our database, 8 of them funded. They include Leonardo, CertiK, Optiv Security, Convergint and DataGuard, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| leonardo.com | 1948 | Roma, Italy | $19.65M | – | Helicopters, aircraft, and defense products are manufactured by Leonardo. | |
| certik.com | 2017 | New York, United States | $296.15M | – | Online platform for blockchain and smart contract cybersecurity | |
| optiv.com | 1999 | Denver, United States | $4.05M | 561 | IT risk management solutions are delivered via a specialized platform. | |
| convergint.com | 2001 | Schaumburg, United States | $100,000 | 4,327 | Electronic security and fire alarm systems are integrated and serviced. | |
| dataguard.de | 2018 | Munich, Germany | $80.41M | 31 | IT security, consulting, and data protection services are provided. | |
| silversky.com | 1997 | Guildford, United Kingdom | $31.5M | – | Cloud security and compliance solution company | |
| aujas.com | 2008 | Cupertino, United States | $18.85M | 513 | A platform for security analytics and risk assessment is provided. | |
| cyble.com | 2019 | Alpharetta, United States | $44.33M | – | AI-native platforms for cyber threat intelligence are provided by Cyble. | |
| dekra.com | 1925 | Stuttgart, Germany | – | – | Automotive inspections, claims processing, and consulting services are provided. |
Detailed competitors of Virsa Systems
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in IT Services & Operations
10 companies that operate in the same segment as Virsa Systems (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
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 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Virsa Systems
Virsa Systems was founded in 1996 and raised its 1st funding round 8 years after it was founded.
Virsa Systems is headquartered in Cedar Rapids, United States. It is registered at Cedar Rapids, Iowa, United States.
Virsa Systems is a funded company, having raised a total of $15M across 1 funding round to date. The company's 1st funding round was a Series A of $15M, raised on Jul 2004.
Virsa Systems was founded in 1996 in Cedar Rapids, United States. Risk and security administration tools and services are delivered to sectors including aviation, chemical, entertainment, finance, consumer packaged goods, defense, energy, insurance, manufacturing, and pharmaceutical. Consulting covers SAP product security, portal implementations and upgrades, production support optimization, training workshops on security and controls, and redesigns to address audit issues. Acquisition by SAP took place in April 2006.
Virsa Systems's top competitors include CertiK, Optiv Security and SilverSky.
Virsa Systems has 4 investors. Key investors include SAP, Kleiner Perkins, Lightspeed Venture Partners, and SAP Ventures.
Yes. Virsa Systems was acquired by SAP in April 2006.