# Egenera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/egenera

- Industry: Software
- Headquarters: Boxborough, US
- Website: www.egenera.com
- Total disclosed funding: $176M
- Latest round: Series F (Dec 7, 2007)
- Investors on record: 16

## About

Egenera specializes in cloud services, focusing on providing Infrastructure as a Service (IaaS), Backup as a Service (BaaS), and Disaster Recovery as a Service (DRaaS) solutions that cater to managed service providers and independent software vendors.Founded in 2000 and headquartered in Boxborough, Massachusetts, Egenera offers cloud computing solutions enabling businesses to manage their IT infrastructure effectively. The company has raised a total of USD 16.00 mn, with its latest funding round, led by Comvest Partners, also totaling USD 16.00 mn. Over its history, Egenera has completed 10 deals, demonstrating its active role in the sector. The founder's prior entrepreneurial experiences enhance the company's credibility in the market.Egenera’s core offerings revolve around its Xterity Cloud platform, which provides a suite of cloud services tailored for managed service providers (MSPs) and independent software vendors (ISVs). The platform includes Infrastructure as a Service (IaaS), Backup as a Service (BaaS), Disaster Recovery as a Service (DRaaS), and Private Cloud solutions. These services are designed to deliver high availability, performance, and flexibility at competitive pricing, thus addressing the unique challenges faced by MSPs and ISVs, such as cost control and operational management. Targeted primarily at businesses that require reliable cloud infrastructure without the complexities associated with larger providers like AWS or Azure, Egenera’s clients typically span various industries, including technology, finance, and healthcare. The company's offerings are marketed across North America, Europe, and parts of Asia, positioning them as viable alternatives to traditional cloud solutions.Egenera’s revenue is generated primarily through subscription-based transactions, allowing clients to access their cloud services on a recurring basis. Clients typically engage in partnerships to resell Egenera’s services, providing them with a margin-controlled approach to offering cloud solutions. Each service tier is designed to cater to different business needs, facilitating easy deployment, management, and quoting processes. For instance, the IaaS and BaaS solutions provide enterprises with scalable options while ensuring the protection of their intellectual property. Pricing structures are aligned with the service offerings, ensuring transparency and predictability in costs for clients. This structured approach enables Egenera to maintain a consistent revenue stream while supporting the growth of their client base.Egenera is actively working on developing new products aimed at enhancing its cloud service offerings, with plans for launches slated over the next 12 months. The company is also looking to expand into new geographic regions, particularly targeting increased market presence in Europe and parts of Asia by the end of the upcoming fiscal year. The recent funding of USD 16.00 mn will be instrumental in supporting these growth initiatives and product developments, allowing Egenera to enhance its service capabilities and reach a broader client base.

## Funding rounds

- Series F, Dec 7, 2007, $26M — Austin Ventures, Pharos Capital Group, Spectrum Equity, TCV, American Capital, Kodiak Venture Partners, Crosslink Capital, Credit Suisse Entrepreneur Capital
- Series E, Jun 30, 2006, $26M — Austin Ventures, Pharos Capital Group, Spectrum Equity, TCV, Kodiak Venture Partners, Crosslink Capital, Lehman Brothers, Goldman Sachs Asset Management, Credit Suisse Entrepreneur Capital, Fujitsu Siemens Computers
- Series D, Jan 10, 2004, $30M — TCV
- Series C, Jun 27, 2002, $44M — Austin Ventures, GCM Grosvenor, Spectrum Equity, YankeeTek Ventures, Kodiak Venture Partners, Crosslink Capital, UBS Capital Americas, Tenaya Capital, Goldman Sachs Asset Management, Mizuho Bank
- Series B, Jul 23, 2001, $30M — Austin Ventures, GCM Grosvenor, Spectrum Equity, YankeeTek Ventures, Kodiak Venture Partners, Goldman Sachs Asset Management
- Series A, Oct 1, 2000, $20M — GCM Grosvenor, Spectrum Equity, YankeeTek Ventures, Kodiak Venture Partners, Goldman Sachs Asset Management

## Investors

- GCM Grosvenor — Series A, Series B, Series C
- Spectrum Equity (https://capitalatlas.ai/funds/spectrum-equity) — Series A, Series B, Series C, Series E, Series F
- YankeeTek Ventures (https://capitalatlas.ai/funds/yankeetek-ventures) — Series A, Series B, Series C
- Kodiak Venture Partners (https://capitalatlas.ai/funds/kodiak-venture-partners) — Series A, Series B, Series C, Series E, Series F
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series A, Series B, Series C, Series E
- Austin Ventures (https://capitalatlas.ai/funds/austin-ventures) — Series B, Series C, Series E, Series F
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series C, Series E, Series F
- UBS Capital Americas (https://capitalatlas.ai/funds/ubs-capital-americas) — Series C
- Tenaya Capital (https://capitalatlas.ai/funds/tenaya-capital) — Series C
- Mizuho Bank — Series C
- TCV (https://capitalatlas.ai/funds/tcv) — Series D, Series E, Series F
- Pharos Capital Group (https://capitalatlas.ai/funds/pharos-capital-group) — Series E, Series F
- Lehman Brothers (https://capitalatlas.ai/funds/lehman-brothers) — Series E
- Credit Suisse Entrepreneur Capital (https://capitalatlas.ai/funds/credit-suisse-entrepreneur-capital) — Series E, Series F
- Fujitsu Siemens Computers — Series E
- American Capital (https://capitalatlas.ai/funds/american-capital) — Series F