Open Drives
Latest round
- Series B
Last raised
- Jan 2021
Total raised
- $20M
Investors
- 1
About Open Drives
Open Drives, LLC, founded in 2011, is based in Culver City, US.00 mn.Open Drives specializes in providing advanced network-attached storage (NAS) and data management solutions through its flagship product, Atlas. This enterprise-grade platform addresses the demanding data storage needs of the media and entertainment industry, enabling seamless collaboration and efficient workflow management. Atlas facilitates high-performance data handling with features like flexible snapshots for system rollback and file recovery, support for multiple protocols (SMB, NFS, and S3), and unique containerization capabilities for enterprise applications.Open Drives generates revenue primarily through the sale of its Atlas software and associated data management solutions, structured as subscription-based models tailored for enterprise clients. Transactions involve direct partnerships with businesses needing comprehensive storage and data services, facilitating custom solutions based on client requirements. Clients opt for various pricing plans aligned with their storage needs, ensuring flexibility in deployment. The strategy includes the development of upcoming products with an emphasis on improving data management capabilities, alongside plans to enter new geographic regions by 2023. This will involve targeting emerging markets in Asia and Europe to broaden the customer base and enhance competitive positioning.
Who invested in Open Drives
1 investor across 1 round
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Funding rounds
Series B
Jan 21, 2021
Amount
$20M
Investors
Questions about Open Drives
Who invested in Open Drives?
Open Drives has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Open Drives raised?
Open Drives has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Open Drives last raise money?
Open Drives's most recent round on record is a Series B, in Jan 2021.
What does Open Drives do?
Open Drives, LLC, founded in 2011, is based in Culver City, US.
Where is Open Drives headquartered?
Open Drives is headquartered in Culver City, US.
Which VCs invest in companies like Open Drives?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at Open Drives's stage. Their profiles are linked below.
VCs backing hardware startups at Series B
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