# SwiftStack

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.swiftstack.com
- Total disclosed funding: $24M
- Latest round: Series B (Oct 23, 2014)
- Investors on record: 5

## About

SwiftStack Inc. is a data management company specializing in solutions that optimize and manage data across various environments, including private data centers and public clouds.Founded in 2011, SwiftStack Inc. is based in San Francisco, US. The company focuses on providing a data platform that employs a distributed architecture for optimal performance. In March 2020, NVIDIA Corporation entered into an agreement to acquire SwiftStack, with financial terms of the acquisition not disclosed. The company has completed four deals, with the most recent in March 2020, leading to a current valuation of USD 42.81 mn following a SERIES B funding round of USD 16.00 mn led by OpenView, with other investors including Mayfield Fund, Storm Ventures, and UMC Capital. SwiftStack's data platform leverages AI-driven technology to facilitate the management of extensive data across diverse environments. This platform allows companies to support massive storage capacities, catering to sectors such as healthcare, automotive, and technology, and aids in the management of large datasets necessary for applications in research and simulation.Revenue is generated through a subscription-based model and partnerships with businesses, facilitating access to AI solutions. SwiftStack's offerings include services tailored for data management needs, with pricing structured to accommodate varying service levels depending on client requirements.Moving forward, SwiftStack aims to launch new AI-driven products tailored for enhanced data management capabilities. The company is also looking to expand its reach into additional markets across North America, Europe, and Asia. The recent funding from the SERIES B round will support these strategic initiatives, particularly in developing innovative solutions and exploring opportunities in new geographic regions.

## Funding rounds

- Series B, Oct 23, 2014, $16M — Mayfield Fund, Storm Ventures, OpenView, UMC Capital
- Series A, Mar 12, 2013, $6.1M — Mayfield Fund, Storm Ventures, Andreessen Horowitz, UMC Capital
- Seed, May 1, 2012, $1.5M — Storm Ventures, UMC Capital

## Investors

- Storm Ventures (https://capitalatlas.ai/funds/storm-ventures) — Seed, Series A, Series B
- UMC Capital (https://capitalatlas.ai/funds/umc-capital) — Seed, Series A, Series B
- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series A, Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- OpenView (https://capitalatlas.ai/funds/openview) — Series B