- Acquired by IBM for $140M, Jun 2010
- Raised $19M Series C led by Lehman Brothers, Mar 2008
- Raised $9M Series B led by Sequoia Capital, May 2007
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 technology to help clients reduce physical storage requirements, boosting storage space on network storage environments.
- When was Storwize founded?
- Storwize was founded in January 2004.
- How many employees does Storwize have?
- Storwize has 51–200 employees.
- Who acquired Storwize and for how much?
- Storwize was acquired by IBM in June 2010 for $140,000,000.
- Which investors participated in Storwize's B Round funding in June 2007?
- The B Round in June 2007 included investments from Sequoia Capital and Bessemer Venture Partners.
- Which investors participated in Storwize's C Round funding in April 2008?
- The C Round in April 2008 included investments from Bessemer Venture Partners and Lehman Brothers Venture Partners.
- What is the total amount of funding Storwize raised?
- Storwize raised a total of $38,000,000 across all funding rounds.
- Who are the co-founders of Storwize?
- The co-founders of Storwize are Jonathan Amit and Gal Naor.
Team · 2
Sectors & technology
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/30850 |
Identifiers & details
| Legal name | Storwize Inc. |
|---|---|
| Founded | 2004-1 |
| Employees (exact) | 126 |
| Offices | Los Gatos |
| Status reason | Acquired (Inactive) by IBM on Jun 2010 - closed due to acquisition |
Acquisitions & public offerings
Acquired by IBM 2010-06 $140.0M
Radar intelligence
Patents
| EPO | 10 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 513563353 |
|---|---|
| Status | מחוסלת מרצון — CLOSED |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2004-07-05 |
| Purpose | לעסוק בסוגי עיסוק שפורטו בתקנון |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2012 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | אלטלף אברהם 11 יהוד-מונוסון |