Hedvig
Latest round
- Series C
Last raised
- Feb 2017
Total raised
- $52M
Investors
- 7
About Hedvig
Hedvig, Inc.Hedvig, Inc. is a company that provides software-defined storage solutions to optimize data management. Founded in 2012 in Santa Clara, US, it was acquired by Commvault Systems, Inc. in September 2019 for USD 225 mn. The acquisition is projected to close in Commvault’s fiscal third quarter. The company has engaged in five deals since its inception.Hedvig specializes in software-defined storage, offering comprehensive data management solutions that enhance data accessibility across cloud environments. Their technology focuses on data protection, enabling efficient backup, recovery, and compliance across various sectors such as healthcare, finance, and education.Hedvig operates on a subscription-based revenue model, allowing clients flexible access to its data management solutions. Customers typically sign multi-year contracts, securing their data management needs while pricing aligns with the specific demands of their organizations.Following its acquisition by Commvault Systems, Inc. in September 2019, Hedvig plans to leverage the resources and capabilities of its new parent company to enhance its product offerings. They intend to introduce new products designed to expand their software-defined storage solutions and explore new geographic markets. The capital from the acquisition, amounting to USD 225 mn, will support these initiatives and promote further development within the data management sector.
Who invested in Hedvig
7 investors across 4 rounds
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Questions about Hedvig
Who invested in Hedvig?
Hedvig has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Hedvig raised?
Hedvig has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Hedvig last raise money?
Hedvig's most recent round on record is a Series C, in Feb 2017.
What does Hedvig do?
Hedvig is a software company.
Where is Hedvig headquartered?
Hedvig is headquartered in Santa Clara, US.
Which VCs invest in companies like Hedvig?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Hedvig's stage. Their profiles are linked below.
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