Seagate Technology is a prominent data storage and hardware company specializing in the design, development, and manufacturing of hard disk drives (HDDs) and solid-state drives (SSDs). The company provides a diverse range of storage solutions tailored for various applications, including enterprise servers, mainframes, desktop and notebook computers, and consumer devices such as digital video recorders and portable external storage systems. Seagate primarily sells its products to original equipment manufacturers, distributors, and retailers, establishing itself as a key player in both the enterprise and consumer markets. In addition to its hardware offerings, Seagate also delivers data storage services for small- to medium-sized businesses, encompassing online backup, data protection, and recovery solutions. The company is recognized for its competitive positioning in the market, operating alongside its main rival in a practical duopoly.
Vice President of Strategy and Corporate Development
34 past transactions
Intevac
Acquisition in 2025
Intevac, Inc. is a technology company headquartered in Santa Clara, California, specializing in vacuum deposition equipment for thin-film applications and digital night-vision technologies. The company operates through two primary segments: Thin-Film Equipment and Photonics. The Thin-Film Equipment segment focuses on the design and development of high-productivity processing systems used in the hard disk drive, display cover panel, and solar photovoltaic markets. Intevac's Photonics segment develops advanced imaging products and vision systems, including high-sensitivity digital sensors and integrated night-vision imaging systems, primarily for the defense industry. The company's products are marketed through a direct sales force and various distributors, with a significant portion of revenue coming from international markets, particularly Asia. Founded in 1990, Intevac continues to innovate in manufacturing solutions for both the hard drive and photovoltaic industries.
Terradepth
Seed Round in 2019
Terradepth, Inc. is a data-as-a-service company based in Austin, Texas, founded in 2018. The company focuses on enhancing ocean knowledge by centralizing and monetizing deep ocean data. Utilizing unmanned submersibles, Terradepth autonomously collects high-resolution and scalable data, which is then processed and stored in a cloud-based repository. It offers clients access to this extensive ocean data repository, along with tailored data products and analytical reports for sale. Through its platform, Terradepth aims to support organizations and individuals in making informed, ecologically responsible decisions regarding ocean resources.
WEKA
Series C in 2019
WEKA is an AI-native data platform company that provides a cloud and hardware-agnostic software solution for performance-intensive applications. Its WEKA® Data Platform enhances scalability and performance, transforming stagnant data silos into dynamic data pipelines that optimize enterprise AI, machine learning, and GPU workloads. The platform facilitates seamless data access across on-premises, cloud, edge, and hybrid multicloud environments. Serving hundreds of leading enterprises and renowned research organizations, including numerous Fortune 50 companies, WEKA addresses complex data challenges to accelerate discoveries, insights, and outcomes. The company's software-defined storage technology is tailored for high-performance and scalable file storage, making it beneficial for various industries such as life sciences, media and entertainment, financial services, and government.
Reduxio
Series C in 2017
Since 2012 Reduxio has redefined data management and data protection, and the company has evolved its mission to deliver the first microservices-based storage and data platform for stateful applications. Reduxio’s cloud data platform for Kubernetes pairs high performance software-defined container-native storage and data management with data mobility to enable customers to build a single data cloud for their applications across all their infrastructure, anywhere. Reduxio is backed by Intel Capital, C5 Capital Cloud Partners and Jerusalem Venture Partners (JVP).
Ripple Labs
Series B in 2016
Ripple Labs, Inc. is a technology company that operates a global payments network leveraging blockchain technology. Founded in 2012 and headquartered in San Francisco, California, Ripple develops RippleNet, an enterprise-level decentralized solution that connects banks, payment providers, digital asset exchanges, and corporations to facilitate international money transfers. Its offerings include XRP, a digital asset used for payments; xCurrent, which provides cross-border payment services for banks; xRapid, designed for payment providers and financial institutions to optimize liquidity costs; and xVia, a tool for corporates and payment providers to send payments using a standardized interface. Ripple aims to create a frictionless experience for global transactions, allowing financial institutions to transact directly with each other while minimizing foreign exchange exposure and counterparty risks. The company also maintains additional offices in major cities around the world, including New York, London, and Sydney.
Lyve Minds
Acquisition in 2015
Lyve Minds offers a mobile-based application designed to help users manage their photo and video collections effectively. The platform enables individuals to collect, sort, and safeguard their memories, ensuring that their captured moments are organized and easily accessible. By focusing on user-friendly features, Lyve Minds aims to enhance the experience of preserving personal memories through digital storage solutions.
Ripple Labs
Series A in 2015
Ripple Labs, Inc. is a technology company that operates a global payments network leveraging blockchain technology. Founded in 2012 and headquartered in San Francisco, California, Ripple develops RippleNet, an enterprise-level decentralized solution that connects banks, payment providers, digital asset exchanges, and corporations to facilitate international money transfers. Its offerings include XRP, a digital asset used for payments; xCurrent, which provides cross-border payment services for banks; xRapid, designed for payment providers and financial institutions to optimize liquidity costs; and xVia, a tool for corporates and payment providers to send payments using a standardized interface. Ripple aims to create a frictionless experience for global transactions, allowing financial institutions to transact directly with each other while minimizing foreign exchange exposure and counterparty risks. The company also maintains additional offices in major cities around the world, including New York, London, and Sydney.
Dot Hill Systems
Acquisition in 2015
Dot Hill Systems Corp., established in 1988 and headquartered in Longmont, Colorado, designs, manufactures, and markets storage solutions for entry-level to midrange markets globally. The company offers integrated hardware, firmware, and software products, featuring modular systems that allow users to add capacity or data protection schemes as needed. Its product portfolio includes AssuredSAN storage arrays with capacities ranging from 146GB to 108TB, supporting various connectivity options like Fibre Channel, iSCSI, SAS, and SATA. Dot Hill also provides AssuredVRA, a host-based RAID stack for Windows and Linux servers, along with data protection software. The company primarily sells its products through channel partners such as OEMs, distributors, resellers, and federal contractors.
Ripple Labs
Series A in 2015
Ripple Labs, Inc. is a technology company that operates a global payments network leveraging blockchain technology. Founded in 2012 and headquartered in San Francisco, California, Ripple develops RippleNet, an enterprise-level decentralized solution that connects banks, payment providers, digital asset exchanges, and corporations to facilitate international money transfers. Its offerings include XRP, a digital asset used for payments; xCurrent, which provides cross-border payment services for banks; xRapid, designed for payment providers and financial institutions to optimize liquidity costs; and xVia, a tool for corporates and payment providers to send payments using a standardized interface. Ripple aims to create a frictionless experience for global transactions, allowing financial institutions to transact directly with each other while minimizing foreign exchange exposure and counterparty risks. The company also maintains additional offices in major cities around the world, including New York, London, and Sydney.
Reduxio
Series B in 2014
Since 2012 Reduxio has redefined data management and data protection, and the company has evolved its mission to deliver the first microservices-based storage and data platform for stateful applications. Reduxio’s cloud data platform for Kubernetes pairs high performance software-defined container-native storage and data management with data mobility to enable customers to build a single data cloud for their applications across all their infrastructure, anywhere. Reduxio is backed by Intel Capital, C5 Capital Cloud Partners and Jerusalem Venture Partners (JVP).
EVault
Acquisition in 2014
EVault, a Seagate Company, specializes in cloud-connected online data backup and recovery services designed for small to mid-size organizations. The company offers a range of solutions, including on-premise, cloud-connected, and edge data protection, often utilized in hybrid deployments. Its integrated ecosystem comprises storage software, managed services, and appliances that facilitate business continuity across multi-platform and multi-site environments. EVault’s offerings include optimized data protection and disaster recovery solutions, which ensure rapid data recovery and compliance with regulatory requirements through email monitoring and archiving. The company serves over 30,000 customers globally, delivering its services through a broad reseller network and powering various products and services for managed service providers, data centers, and technology partners.
SandForce
Acquisition in 2014
SandForce is a company focused on enhancing data storage solutions through its innovative solid state drive (SSD) processors. Established in 2006, SandForce has developed technology that allows standard flash memory to be utilized effectively in various computing applications, including enterprise, client, and industrial sectors. Its SSDs, powered by the proprietary DuraClass technology, are designed to offer exceptional reliability, performance, and energy efficiency. This innovation not only improves the functionality of SSDs but also facilitates their broader adoption in the market. SandForce is backed by prominent venture capital investors and leading storage firms, underscoring its significance in the data storage industry.
Xyratex
Acquisition in 2013
Xyratex is a prominent provider of data storage technology, specializing in modular solutions for the enterprise data storage sector as well as capital equipment for the hard disk drive (HDD) industry. The company offers a range of products, including storage enclosures, integrated application platforms, and high-performance computing (HPC) data storage systems. Xyratex was acquired by Seagate Technology PLC in 2013, enhancing its capabilities and resources within the data storage market.
Egnyte
Series D in 2013
Egnyte, Inc. is a provider of enterprise file sharing services that combines on-premises and cloud solutions to enhance collaboration and data security for businesses. The company's offerings include the Cloud File Server for online storage and collaboration, Storage Sync for bi-directional synchronization between local and cloud storage, and Storage Connect for direct access to local files. Egnyte serves a diverse range of industries, including technology, finance, education, healthcare, and entertainment, among others. The firm emphasizes unified content security and governance, helping organizations mitigate risks, prevent ransomware, and streamline IT complexity. With over 16,000 customers, Egnyte's platform integrates seamlessly with various cloud services and applications, allowing for secure access and centralized control. Founded in 2006 and headquartered in Mountain View, California, Egnyte operates data centers in both the United States and Western Europe and has established strategic partnerships with notable companies in the tech industry.
eASIC
Private Equity Round in 2013
eASIC Corporation is a fabless semiconductor company that specializes in manufacturing platforms designed to reduce the cost of ownership and production time for customized silicon devices. The company offers the Nextreme family of devices, which significantly lower development costs and turnaround times compared to traditional standard cell ASICs, while also minimizing power consumption and unit costs. Among its key products are Nextreme-3 and Nextreme-2, representing the fourth and third generations of eASIC technology, respectively. Additionally, eASIC provides the easicopy ASIC, which offers original equipment manufacturers (OEMs) a pathway to transition from Nextreme devices to a cell-based easicopy ASIC, further reducing costs or enhancing performance. The eZ-IP alliance program complements this offering by providing verified eASIC-ready IP cores to expedite market entry for customers. eASIC's products find applications across a range of sectors, including wireless infrastructure and consumer handheld devices, and the company serves a global customer base. Founded in 1999 and headquartered in Santa Clara, California, eASIC operates as a subsidiary of Intel Corporation.
The Cloudscaling Group
Series B in 2013
Cloudscaling specializes in providing elastic cloud infrastructure, offering an advanced OpenStack-based solution known as the Open Cloud System (OCS). This system is tailored for next-generation dynamic applications, enabling businesses to achieve the agility, performance, and cost-effectiveness typically associated with leading cloud providers while allowing deployment within the customer's own data center. The company serves a diverse range of clients, including notable names such as Ubisoft and LivingSocial. Headquartered in San Francisco and supported by Trinity Ventures, Cloudscaling focuses on delivering robust cloud technology for enterprises, software as a service (SaaS) providers, and cloud service providers.
Virident Systems
Venture Round in 2013
Virident Systems specializes in developing enterprise-class storage solutions utilizing Storage Class Memory (SCM) technologies, including flash memory, aimed at transforming data centers and cloud computing environments. The company addresses historical challenges associated with performance, reliability, and serviceability in storage technologies. Its flagship product, the tachIOn solid-state disk, offers significantly enhanced performance—4 to 10 times greater than competing products—while ensuring consistent reliability for data-intensive applications. Founded by experienced professionals from leading technology companies, Virident Systems has cultivated a team with deep expertise in flash technologies, empowering them to tackle complex challenges in modern data environments. Through its innovative hardware and software offerings, Virident Systems positions itself as a key player in the evolving landscape of enterprise storage solutions.
DensBits Technologies
Funding Round in 2012
DensBits Technologies Ltd. specializes in developing NAND flash-based storage system technologies aimed at enhancing the performance and reliability of flash memory. The company's flagship product, the Memory Modem, integrates proprietary Error Correcting Coding (ECC), Digital Signal Processing (DSP), and management solutions to significantly improve flash memory reliability while maintaining low costs. This innovative technology is designed to support various flash-based storage systems, allowing manufacturers to utilize smaller process nodes and higher bits per cell. DensBits also offers a configurable ECC core engine and a DSP core engine that optimizes read and program operations. Headquartered in Haifa, Israel, DensBits has established strategic partnerships with leading flash manufacturers and storage providers to advance next-generation storage solutions. Founded in 2007, the company operates as a subsidiary of Broadcom Limited.
LaCie
Acquisition in 2012
LaCie is a manufacturer of storage peripherals that primarily serves photographers, videographers, audio professionals, and other power users. The company specializes in a range of products, including external storage devices, Thunderbolt and USB solutions, direct attached storage, portable storage, network attached storage, RAID systems, USB keys, and hard drives. LaCie emphasizes the combination of aesthetic design and high performance, ensuring that their products not only meet technical demands but also provide a visually appealing experience. They have a long-standing tradition of collaboration with renowned designers, resulting in innovative products that are as much works of art as they are functional storage solutions. With manufacturing sites in Oregon and France, LaCie maintains close control over product quality and support. The company also prioritizes understanding customer needs through in-house technical teams, which enhances their ability to deliver reliable and user-friendly solutions. Recognizing current trends, LaCie continues to develop multimedia-centric products while maintaining a commitment to long-term reliability and performance.
Samsung - Hard Disk Drive Business
Acquisition in 2011
Samsung - Hard Disk Drive Business is a provider of digital consumer electronics and information technology.
Coraid
Series C in 2011
Coraid is a provider of innovative storage solutions tailored for cloud service providers and enterprises facing rapid and unpredictable data growth. The company specializes in storage area network products that utilize Layer 2 Ethernet technology to enhance network performance and operational efficiency in dynamic, large-scale environments. Coraid's offerings include scale-out Ethernet storage technology, block-storage solutions, and networked storage appliances designed for enterprise reliability. With a modular, pay-as-you-grow architecture and user-friendly software, Coraid facilitates just-in-time scaling and adaptability, allowing organizations to address their complex storage challenges effectively. The company is committed to delivering proven support and implementation services to ensure a quick return on investment for its clients.
Link_A_ Media
Series B in 2008
Link_A_Media Devices (LAMD) is the new leader in developing and manufacturing custom System-on-Chip (SOC) solutions for peripheral data storage devices, which include hard disk drives (HDDs) and solid-state-drives (SSDs). The SoC solution integrates the Read/Write Channel, disk controller functions, microprocessor(s) and memories, and servo processing for HDD application on a single chip.
MetaLINCS
Acquisition in 2007
MetaLINCS specializes in electronic discovery software that addresses the challenges organizations face in analyzing large volumes of email communications. Recognizing that email serves as a crucial medium for business interactions, the company offers a software application designed to intelligently analyze emails, documents, and their associated metadata. This software presents visual analyses of relationships, conversations, concepts, and communication patterns, thereby enabling organizations to extract meaningful insights from their email repositories. Traditional methods of email analysis often fall short, as they typically rely on single techniques like keyword searches or basic data management. MetaLINCS combines multiple advanced technologies to provide a more comprehensive solution, helping organizations improve their understanding of critical messages and decision-making contexts while reducing the costs associated with email analysis in investigative processes.
Aristos Logic
Series G in 2007
Aristos Logic Corporation specializes in providing RAID solutions for the data storage industry, focusing on original equipment manufacturers of storage systems and servers. Founded in 2000 and headquartered in Foothill Ranch, California, the company has developed innovative multi-protocol RAID Storage Processor (RSP) technology, offering both hardware and software solutions tailored to meet the needs of storage system suppliers. As of 2008, Aristos Logic operates as a subsidiary of Adaptec, Inc., continuing its commitment to advancing data storage technologies.
Maxtor
Acquisition in 2006
Maxtor Corporation was an American manufacturer of hard disk drives, established in 1982 by James McCoy, Jack Swartz, and Raymond Niedzwiecki. The company focused on providing storage solutions for both desktop and server markets, emphasizing disk capacity over speed in its desktop offerings. Maxtor catered to a wide range of applications, supplying hard disk drives for enterprise, consumer electronics, and desktop uses. In 2006, the company was acquired by Seagate Technology and now operates as a subsidiary, contributing to Seagate's status as a leading provider of hard drives and storage solutions.
ActionFront Data Recovery
Acquisition in 2005
ActionFront is the world's largest privately held data recovery company with the most advanced technologies to recover your data. Since 1989, ActionFront has defined the standard of excellence in the recovery industry by consistently providing only the finest and most innovative recovery services for all media including hard drives, servers, RAID, NAS, DLT, all tapes, and all removable media. They offer a level of technical expertise that is second to none with customer satisfaction ratings that remain unmatched by any of our competitors!
Mirra
Acquisition in 2005
Mirra, Inc. is a privately held company based in Mountain View, California, specializing in personal digital content protection and management. The company offers the Mirra Personal Server, aimed at consumers and small office/home office (SOHO) professionals who require an efficient and cost-effective solution for safeguarding, remotely accessing, and sharing their digital files, photos, and emails. Launched in 2003, the Mirra Personal Server addresses the growing need for reliable data protection as digital content becomes increasingly valuable. With the rise of digital cameras and broadband adoption, users are seeking straightforward methods to manage their expanding digital assets. Mirra's solution eliminates the complexities often associated with data management, making it accessible to users without requiring technical expertise.
Serenex
Venture Round in 2004
Serenex is a U.S.-based medical drug discovery and development company that specializes in oncology and related therapeutic areas. Founded in 2000 and acquired by Pfizer in 2008, Serenex has developed a proprietary Hsp90 product platform that includes a range of small molecule Hsp90 inhibitors targeting cancer, inflammatory diseases, fungal infections, viral diseases, and neurodegenerative conditions such as Alzheimer's. Additionally, the company is advancing SNX-1012, a treatment aimed at alleviating oral mucositis in patients with solid tumors. Through its innovative approach to drug development, Serenex aims to address significant unmet medical needs in various disease areas.
Matrix Semiconductor
Venture Round in 2003
Matrix Semiconductor, established in 1997 and headquartered in Santa Clara, California, specializes in the development and manufacturing of 3D memory devices and integrated circuits. The company offers a range of flash-memory storage solutions designed for digital content, including memory cards, solid-state drives, USB storage devices, and embedded storage. Its flagship product, Matrix 3-D memory, facilitates the rapid transfer of data, making it suitable for portable consumer electronics. Matrix Semiconductor also focuses on providing packaging that ensures electrical and mechanical compatibility with existing flash devices, enhancing its appeal in the market. Currently, it operates as a subsidiary of SanDisk Corp.
X-IO
Acquisition in 1999
X-IO is a storage industry related company delivering unmatched price or performance, reliability, and scale for enterprise, cloud applications, and infrastructure. Its “Intelligent Storage Element” systems are based on two decades of invention and investment by veteran storage industry experts. The features of X-IO’s plug-and-perform “Intelligent Storage Element” storage arrays are accelerate transactional, reporting and business intelligence applications by a factor of 3x or more; drives extreme performance and scale for virtual desktop and virtualized server infrastructures; and with five- to seven-year duty cycles, a super-efficient energy and space profile. X-IO solutions have been recognized as SQL Server Magazine and Windows IT Pro’s 2011 Editors’ Best Gold Medal winners, the 2012 Best of TechEd “Hardware and Storage Product” and “Attendees’ Pick” Awards, and inclusion in CRN’s 2012 Data Center 100 List.
Quinta Corporation
Acquisition in 1997
Quinta Corporation is a provider of an optical data storage technologies. It owns a magnetic recording architecture known as Optically Assisted Winchester (OAW™) technology. The technology helps in information-centric computing.
Archive Corp.
Acquisition in 1996
Archive Corporation manufactures and markets tape drives for computers.
Connor Peripherals
Acquisition in 1995
Conner Peripherals is an American hardware company founded in 1985 by Finis Conner, specializing in the development and manufacturing of hard drives for personal computers. The company gained significant recognition in the industry by achieving $1.337 billion in sales within its first four years, marking it as the fastest growing manufacturing start-up in U.S. history. Conner Peripherals was a pioneer in the hard drive market, being one of the first to produce IDE specification audio/visual drives, such as the 420 megabyte AV model in the mid-1990s, and the first to create drives featuring a native 1394 Firewire interface. In addition to hard disk drives, the company also designs and markets various information solutions products and integrated systems for diverse computer storage applications.
NetLabs
Acquisition in 1995
NetLabs is a software company that addresses the management of SNMP and CMOT devices. The company was founded in Los Angeles, California by Unni Warrier, Anne Lam, Jon Biggar, and Dan Ketcham.
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