# Tintri

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

- Industry: Software
- Headquarters: Chatsworth, US
- Website: www.tintri.com/
- Total disclosed funding: $276M
- Latest round: Series F (Aug 5, 2015)
- Investors on record: 5

## About

Tintri, Inc. is a US-based company specializing in innovative data management solutions for virtualized workloads, enhancing efficiency and operational simplicity within IT environments.Founded in 2008, Tintri, Inc. focuses on advanced data management solutions tailored for virtualized workloads. The company has undergone strategic changes, culminating in a Trade Sale in June 2017, when it raised USD 60 mn through an IPO, selling 8.572 million shares at USD 7 per share. In September 2018, Tintri was acquired by DataDirect Networks, Inc. The company is headquartered in Chatsworth, California, US, and has completed a total of 10 deals in its funding history.Tintri provides advanced data management solutions specifically designed for virtualized workloads. Its core offerings include the Tintri VMstore for workload management and the Tintri Cloud Platform for managed infrastructure solutions. These products leverage container-driven architecture to deliver machine-level visibility, autonomous operations, and analytics. Tintri targets enterprises and IT departments across various sectors, focusing on streamlined operations and robust data protection strategies for environments relying on virtual machines and databases like SQL. Its solutions are primarily marketed in North America and Europe.In 2018, Tintri reported a revenue of USD 125.90 mn, with an EBITDA of USD -142.12 mn. The company generates revenue primarily through B2B sales of its data management solutions, utilizing a subscription model tailored to client needs, which allows for flexible pricing based on usage and service level.Tintri aims to expand its product offerings and geographic presence following its acquisition by DataDirect Networks, Inc. The company plans to develop new products focused on enhancing data management capabilities in hybrid and multi-cloud environments. In addition, Tintri is targeting expansion into international markets, particularly in Europe and Asia, by 2022. The recent funding of USD 60 mn will support these initiatives, bolstering product development and international outreach efforts.

## Funding rounds

- Series F, Aug 5, 2015, $125M — Lightspeed Venture Partners, Menlo Ventures, New Enterprise Associates, Silver Lake, Insight Partners
- Series E, Jan 30, 2014, $75M — Lightspeed Venture Partners, Menlo Ventures, New Enterprise Associates, Insight Partners
- Series D, Jul 24, 2012, $25M — Lightspeed Venture Partners, Menlo Ventures, New Enterprise Associates
- Series C, Jun 15, 2011, $18M — Lightspeed Venture Partners, New Enterprise Associates
- Series A, Jan 1, 2011, $17M — Lightspeed Venture Partners, New Enterprise Associates
- Series B, Jul 7, 2009, $12M — Lightspeed Venture Partners, New Enterprise Associates
- Series A, Aug 13, 2008, $4.6M — Lightspeed Venture Partners, New Enterprise Associates

## Investors

- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A, Series B, Series C, Series D, Series E, Series F
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B, Series C, Series D, Series E, Series F
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series D, Series E, Series F
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series E, Series F
- Silver Lake (https://capitalatlas.ai/funds/silver-lake) — Series F