Storwize

Data Storage Optimization with Real-time Data Compression

Business Software
Acquired by IBM
Acquired Israel Founded 2004
LinkedIn
Last updated 2026-06-18
Total raised
$30.0M
Last: 2008-04
Stage
Acquired
Founded
2004
Headcount
126
HQ
Israel
Sector
Business Software

About

Storwize provides real-time data compression solutions that boost storage space on network storage environments. The company's appliances are installed between the organization's storage arrays and network. Designed to work with any storage array, the Storwize appliance typically provides organizations with 2-5 times more capacity, with associated savings in capital, operational, maintenance, and management resources. Storwize solutions have been shipped to customer sites worldwide and successfully tested for interoperability with storage vendors such as EMC and NetApp. The company has won several industry honors from analyst firms and IT publications, and added multiple new customers in different vertical markets worldwide.

Funding history · 3 rounds · $30.0M total

Q&A

What is Storwize's primary business?
Storwize provides real-time data compression solutions designed to optimize storage space in network storage environments.
When was Storwize founded?
Storwize was founded in January 2004.
How many employees does Storwize have?
Storwize has 51-200 employees.
What is Storwize's current status?
Storwize was acquired by IBM in June 2010 and is currently inactive.
Who were the co-founders of Storwize?
The co-founders of Storwize are Jonathan Amit and Gal Naor.
What was the total amount of funding raised by Storwize?
Storwize raised a total of $30,000,000 across all funding rounds.
Which investors participated in Storwize's June 2007 funding round?
Sequoia Capital and Maverick Ventures Israel participated in Storwize's funding round in June 2007.
Which investors participated in Storwize's April 2008 funding round?
Bessemer Venture Partners and Lehman Brothers participated in Storwize's funding round in April 2008.

Team · 2

Founder · Co-founder
LinkedIn ↗
Founder · Co-founder
LinkedIn ↗

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsData Architecture
Technologies
ComponentsFixed
Target customers
Enterprise & Professional ServicesEnterprises
Business model
B2GB2B

Tags

enterprise-solutionsdata-storage
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

LinkedInlinkedin.com/company/30850

Identifiers & details

Founded2004-1
Employees (exact)126
OfficesLos Gatos
Status reasonAcquired (Inactive) by IBM on Jun 2010 - closed due to acquisition

Acquisitions & public offerings

Acquired by IBM 2010-06

Radar intelligence

Patents

EPO10