# Violin Memory

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/violin-memory

- Industry: Software
- Headquarters: Santa Clara, US
- Website: www.violin-memory.com
- Total disclosed funding: $164M
- Latest round: Series D (May 1, 2012)
- Investors on record: 7

## About

Violin Memory, Inc. specializes in high-performance data storage solutions that enhance data access and speed for enterprise applications.Founded in 2005 and headquartered in Santa Clara, US, Violin Memory, Inc. provides data storage solutions aimed at improving performance in enterprise applications. The company raised USD 162.00 mn from its IPO in September 2013 by selling 18 million shares at USD 9.00 per share. Ebrahim Abbasi serves as the CEO. In December 2016, Violin Memory, Inc. filed for bankruptcy protection and was subsequently acquired by Soros Fund Management as part of its restructuring process.Violin Memory, Inc. offers advanced data storage solutions that focus on performance and speed for enterprise applications. Their products include flash memory storage systems designed to enhance data access times, ensuring that businesses can operate efficiently, even under heavy data loads.In 2016, Violin Memory, Inc. reported revenue of USD 50.87 mn and an EBITDA of USD -83.53 mn.Violin Memory, Inc. aims to leverage its recent funding to enhance its product line with new high-performance storage solutions. The company plans to expand into new geographical markets, targeting Asia and Europe by 2025. Funding from its latest round will be directed towards research and development to innovate and improve its existing product offerings, as well as support marketing initiatives to drive growth in these new regions.

## Funding rounds

- Series D, May 1, 2012, $42M — GE Capital, Equity, Sapphire Ventures, Toshiba Corporation, Juniper Ventures, Highland Capital Partners
- Series D, Mar 29, 2012, $32M — Highland Capital Partners, Sapphire Ventures, Toshiba Corporation, Juniper Ventures
- Series C, Jun 7, 2011, $40M — Juniper Ventures
- Series B, Feb 7, 2011, $33M — Toshiba Corporation, Juniper Ventures
- Series A, Mar 31, 2010, $17M — Toshiba Corporation, Windcrest Partners, Rationalwave Capital Partners

## Investors

- Toshiba Corporation — Series A, Series B, Series D
- Windcrest Partners (https://capitalatlas.ai/funds/windcrest-partners) — Series A
- Rationalwave Capital Partners — Series A
- Juniper Ventures — Series B, Series C, Series D
- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series D
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series D
- GE Capital, Equity (https://capitalatlas.ai/funds/ge-capital-equity) — Series D