WipeDrive

Pleasant Grove, United States Founded: 1998 • Age: 28 yrs Acquired By Blancco
Data erasure software is provided for retired hard drives.
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About WipeDrive

WipeDrive is a company based in Pleasant Grove (United States) founded in 1998 was acquired by Blancco in June 2022.. WipeDrive operates in a competitive market with competitors including Axcient, Skytap, Blancco, Smarsh and N-able, among others.

  • Headquarter Pleasant Grove, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Technology → Semiconductors, Electronics & Hardware
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Blancco

    (Jun 08, 2022)

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Funding Insights of WipeDrive

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in WipeDrive

WipeDrive has secured backing from 1 investor. Prominent investors backing the company include Blancco. 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.

All
Investor Description Founded Year Domain Location
Permanent data erasure solutions are provided for security and compliance.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by WipeDrive

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - WipeDrive

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wipedrive Comparisons

Employees
+
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Competitors of WipeDrive

WipeDrive 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 Axcient, Skytap, Blancco, Smarsh and N-able, 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
Cloud-based business continuity and disaster recovery solutions are provided.
domain founded_year HQ Location
Cloud-based environments are delivered for application development and testing.
domain founded_year HQ Location
Permanent data erasure solutions are provided for security and compliance.
domain founded_year HQ Location
Compliance management solutions for financial institutions' communications are provided.
domain founded_year HQ Location
MSP management solutions are delivered via a cloud-based platform.
domain founded_year HQ Location
Enterprise data backup is managed via cloud-based software.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wipedrive

Frequently Asked Questions about WipeDrive

When was WipeDrive founded?

WipeDrive was founded in 1998.

Where is WipeDrive located?

WipeDrive is headquartered in Pleasant Grove, United States. It is registered at Pleasant Grove, Utah, United States.

Who is the current CEO of WipeDrive?

Matt Jones is the current CEO of WipeDrive.

What does WipeDrive do?

WipeDrive was founded in 1998 and is headquartered in Pleasant Grove, United States. Data erasure software is developed for government agencies and large corporations, focusing on methods to securely erase retired or recycled hard drives. Compliance with NIST Purge and Clears standards is maintained, alongside certifications including Common Criteria EAL 2, NCSC, and NATO. Operations center on secure data sanitization in the cybersecurity sector.

Who are the top competitors of WipeDrive?

WipeDrive's top competitors include Blancco, Smarsh and Rewind.

Who are WipeDrive's investors?

WipeDrive has 1 investor. Key investors include Blancco.

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