Company type
Radically new IT infrastructure technology company for the modern data center and the cloud.Overview
SimpliVity’s OmniCube™ platform provides enterprise computing, storage services and network functionality, including WAN optimization, unified global management, seamless cloud integration, primary storage deduplication, backup deduplication, caching, and global scale-out – all at a fraction of the acquisition cost of standard infrastructure, a fraction of today’s traditional operating costs, and with a game-changing reduction in complexity.
Funding rounds
Acquisition USD 650,000,000
USD 650,000,000 ( ) at USD 650,000,000 pre-money valuation
Exit valuation below that of last funding round valuation at USD 1.1 billion. All cash transaction.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Hewlett Packard Enterprise (HPE) | Initial investment. Led the round. |
Series B
( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Accel Partners & Co Inc | Early and growth stage venture capital firm. | Follow-on investment. Exited. (Trade sale) | |
|
Charles River Ventures (CRV) | Independent venture capital firm | Follow-on investment. Exited. (Trade sale) | |
|
Kleiner Perkins Caufield & Byers LLC (KPCB) | Venture capital firm. | Follow-on investment. Exited. (Trade sale) |
Series A
( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Accel Partners & Co Inc | Early and growth stage venture capital firm. | Initial investment. Exited. (Trade sale) | |
|
|
Charles River Ventures (CRV) | Independent venture capital firm | Initial investment. Exited. (Trade sale) | |
|
|
Kleiner Perkins Caufield & Byers LLC (KPCB) | Venture capital firm. | Initial investment. Exited. (Trade sale) |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Swisscom Ventures (Pär Lange) | The venture capital arm of Swisscom. | Initial investment. Exited. (Trade sale) |
Investment activity status
Active investor