# Quobyte

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

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.quobyte.com
- Latest round: Series B (Jun 30, 2016)
- Investors on record: 3

## About

Quobyte Inc. is a software company specializing in high-performance, scalable software-defined storage solutions targeted at artificial intelligence and data-intensive applications.Founded in 2013, Quobyte Inc. is headquartered in Santa Clara, US. The company provides software-defined storage solutions that allow organizations to manage large datasets efficiently. The founders, Bjorn Kolbeck and Felix Hupfeld, have a history of innovation in technology. Quobyte has successfully closed three funding deals, with the most recent occurring on October 1, 2019, raising an undisclosed amount from Digital+ Partners.Quobyte's primary offering is its high-performance, scalable software-defined storage solution designed for artificial intelligence workloads and other data-intensive applications. This system operates on standard x86 or ARM servers, ensuring flexibility and cost efficiency. Built on a scale-out, distributed parallel file system, it provides linear performance and can seamlessly scale from a few servers to thousands. Clients include healthcare institutions like Siemens Healthineers, research organizations like the Science and Technology Facilities Council (STFC), and major corporations such as Yahoo Japan, serving markets across North America, Europe, and Asia.Quobyte generates revenue through B2B sales of its software-defined storage solutions. Clients purchase licenses to install the software on their existing hardware, with various pricing tiers based on deployment scale and client needs. The Quobyte Data Center File System is a key product that enables efficient data management and cost reduction in large datasets.Quobyte is focused on expanding its product offerings and entering new markets. The company plans to introduce enhancements to its software-defined storage solutions in the near future, with the specific release dates to be announced. Targeted geographic expansions include increased presence in Europe and Asia by the end of 2023. The recent funding round raised on October 1, 2019, will support these growth initiatives, allowing Quobyte to enhance its product development and market reach.

## Funding rounds

- Series B, Jun 30, 2016 — Samsung Strategy & Innovation Center
- Series A, Sep 16, 2014 — Target Partners, High-Tech Gruenderfonds

## Investors

- Target Partners (https://capitalatlas.ai/funds/target-partners) — Series A
- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Series A
- Samsung Strategy & Innovation Center (https://capitalatlas.ai/funds/samsung-strategy-innovation-center) — Series B