Foundation Capital
Foundation Capital is a United States–based venture capital firm founded in 1995 that invests in early- to growth-stage information technology and software-enabled companies. The firm backs startups across sectors including enterprise software, IT infrastructure and services, cloud and website infrastructure, data platforms, cybersecurity and privacy, fintech, consumer technology, digital energy, marketing technology, and telecommunications, with an emphasis on enterprise applications, on-demand services, and data networks. It pursues opportunities primarily in the United States and India, typically making initial commitments in the range of one to ten million dollars and often acting as lead investor with board representation. The team comprises former entrepreneurs who aim to support founders from idea to scale, and its portfolio has included high-growth ventures across consumer, software, digital energy and fintech sectors.
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Past deals in Storage Services
Ascent Platform
Venture Round in 2024
Ascent Platform develops and creates software and online tools to develop infrastructure of data storage. It is based in New York, USA.
Cohesity
Venture Round in 2021
Cohesity develops hyper-converged secondary storage solutions that consolidate, protect, and share non-mission-critical data assets of large organizations. Its platform, Cohesity DataPlatform, converges data protection infrastructure including backup, replication, disaster recovery, and cloud tiering. Additionally, it offers Cohesity Helios, a SaaS-based management solution for monitoring and managing secondary data and applications.
Cohesity
Series E in 2020
Cohesity develops hyper-converged secondary storage solutions that consolidate, protect, and share non-mission-critical data assets of large organizations. Its platform, Cohesity DataPlatform, converges data protection infrastructure including backup, replication, disaster recovery, and cloud tiering. Additionally, it offers Cohesity Helios, a SaaS-based management solution for monitoring and managing secondary data and applications.
Cohesity
Series C in 2017
Cohesity develops hyper-converged secondary storage solutions that consolidate, protect, and share non-mission-critical data assets of large organizations. Its platform, Cohesity DataPlatform, converges data protection infrastructure including backup, replication, disaster recovery, and cloud tiering. Additionally, it offers Cohesity Helios, a SaaS-based management solution for monitoring and managing secondary data and applications.
Zerostack
Series B in 2015
ZeroStack, Inc. is a company that operates a software-as-a-service (SaaS) platform designed to streamline cloud administration. Established in 2014 and headquartered in Mountain View, California, with additional offices in Amsterdam and Singapore, ZeroStack provides a self-service portal that empowers users to manage their IT infrastructure efficiently. The platform offers comprehensive private cloud management, including health monitoring, capacity planning, and essential operational functions. By integrating compute, storage, networking, and management services, ZeroStack enables organizations to develop, test, deploy, and operate software applications seamlessly in a self-driving private cloud environment. The use of advanced software and artificial intelligence within its platform allows clients to make informed decisions regarding capacity and application placement, enhancing overall operational effectiveness.
Zerostack
Series A in 2015
ZeroStack, Inc. is a company that operates a software-as-a-service (SaaS) platform designed to streamline cloud administration. Established in 2014 and headquartered in Mountain View, California, with additional offices in Amsterdam and Singapore, ZeroStack provides a self-service portal that empowers users to manage their IT infrastructure efficiently. The platform offers comprehensive private cloud management, including health monitoring, capacity planning, and essential operational functions. By integrating compute, storage, networking, and management services, ZeroStack enables organizations to develop, test, deploy, and operate software applications seamlessly in a self-driving private cloud environment. The use of advanced software and artificial intelligence within its platform allows clients to make informed decisions regarding capacity and application placement, enhancing overall operational effectiveness.
Zetta
Series B in 2014
Zetta is a company that specializes in cloud-based data protection solutions for both enterprises and small to medium-sized businesses. Founded in 2008 by innovators in the Internet sector, Zetta focuses on enhancing data security and recovery capabilities in the modern business landscape. The company offers direct-to-cloud disaster recovery as a service (DRaaS) and backup as a service (BaaS), allowing organizations to efficiently protect, access, and recover their virtual and physical data without the need for additional hardware. Through its services, Zetta aims to ensure reliable data management and recovery, catering to the evolving needs of businesses in an increasingly digital world.
Sunrun
Series E in 2014
Sunrun is a United States-based provider of residential solar electricity and related solar power services for homeowners. It designs, owns, and maintains solar energy systems and offers a solar service model in which customers pay for the electricity produced rather than the panels; Sunrun retains ownership of the systems and provides battery storage and related products. The company markets its offerings directly to homeowners through online and offline channels and collaborates with a network of installers and partners to deliver installations. Founded in 2007 and headquartered in San Francisco, Sunrun operates across multiple states and typically signs long-term agreements to supply power at fixed rates.
Aquion Energy
Series D in 2014
Aquion Energy specializes in developing and commercializing innovative energy storage solutions, particularly its proprietary Aqueous Hybrid Ion (AHI™) batteries. These sodium ion batteries are designed for stationary energy storage and are notable for their environmentally friendly design, utilizing non-toxic components such as saltwater. Aquion's technology addresses the limitations of traditional energy storage systems, providing safe, reliable, and sustainable options that are non-flammable and non-explosive. By enhancing the electrical grid, Aquion's AHI systems optimize existing generation assets and facilitate the broader adoption of renewable energy technologies, thereby contributing to the reduction of reliance on fossil fuels.
Aquion Energy
Series D in 2014
Aquion Energy specializes in developing and commercializing innovative energy storage solutions, particularly its proprietary Aqueous Hybrid Ion (AHI™) batteries. These sodium ion batteries are designed for stationary energy storage and are notable for their environmentally friendly design, utilizing non-toxic components such as saltwater. Aquion's technology addresses the limitations of traditional energy storage systems, providing safe, reliable, and sustainable options that are non-flammable and non-explosive. By enhancing the electrical grid, Aquion's AHI systems optimize existing generation assets and facilitate the broader adoption of renewable energy technologies, thereby contributing to the reduction of reliance on fossil fuels.
Zetta
Series B in 2013
Zetta is a company that specializes in cloud-based data protection solutions for both enterprises and small to medium-sized businesses. Founded in 2008 by innovators in the Internet sector, Zetta focuses on enhancing data security and recovery capabilities in the modern business landscape. The company offers direct-to-cloud disaster recovery as a service (DRaaS) and backup as a service (BaaS), allowing organizations to efficiently protect, access, and recover their virtual and physical data without the need for additional hardware. Through its services, Zetta aims to ensure reliable data management and recovery, catering to the evolving needs of businesses in an increasingly digital world.
CloudOn
Series B in 2012
CloudOn is a developer of applications designed for smartphones and tablets, focusing on enhancing mobile productivity. The company offers a cloud storage solution that allows users to create, review, and share files seamlessly across various devices. By integrating essential files and applications into a single workspace, CloudOn aims to revolutionize the way individuals manage their productivity on mobile platforms.
Sunrun
Series D in 2012
Sunrun is a United States-based provider of residential solar electricity and related solar power services for homeowners. It designs, owns, and maintains solar energy systems and offers a solar service model in which customers pay for the electricity produced rather than the panels; Sunrun retains ownership of the systems and provides battery storage and related products. The company markets its offerings directly to homeowners through online and offline channels and collaborates with a network of installers and partners to deliver installations. Founded in 2007 and headquartered in San Francisco, Sunrun operates across multiple states and typically signs long-term agreements to supply power at fixed rates.
GridIron Systems
Private Equity Round in 2012
GridIron Systems, established in 2007 and headquartered in Sunnyvale, California, specializes in hardware and software solutions designed to enhance the efficiency of data-driven enterprises and service providers. The company's core focus is eliminating performance bottlenecks within data centers, particularly in storage infrastructure, thereby improving response times for critical business applications. GridIron's management team comprises industry veterans who have contributed to the growth of prominent technology companies such as Force 10 Networks, Brocade, Extreme Networks, Palo Alto Networks, and Sierra Monolithics.
Aquion Energy
Venture Round in 2011
Aquion Energy specializes in developing and commercializing innovative energy storage solutions, particularly its proprietary Aqueous Hybrid Ion (AHI™) batteries. These sodium ion batteries are designed for stationary energy storage and are notable for their environmentally friendly design, utilizing non-toxic components such as saltwater. Aquion's technology addresses the limitations of traditional energy storage systems, providing safe, reliable, and sustainable options that are non-flammable and non-explosive. By enhancing the electrical grid, Aquion's AHI systems optimize existing generation assets and facilitate the broader adoption of renewable energy technologies, thereby contributing to the reduction of reliance on fossil fuels.
CloudOn
Series A in 2011
CloudOn is a developer of applications designed for smartphones and tablets, focusing on enhancing mobile productivity. The company offers a cloud storage solution that allows users to create, review, and share files seamlessly across various devices. By integrating essential files and applications into a single workspace, CloudOn aims to revolutionize the way individuals manage their productivity on mobile platforms.
Zetta
Series A in 2011
Zetta is a company that specializes in cloud-based data protection solutions for both enterprises and small to medium-sized businesses. Founded in 2008 by innovators in the Internet sector, Zetta focuses on enhancing data security and recovery capabilities in the modern business landscape. The company offers direct-to-cloud disaster recovery as a service (DRaaS) and backup as a service (BaaS), allowing organizations to efficiently protect, access, and recover their virtual and physical data without the need for additional hardware. Through its services, Zetta aims to ensure reliable data management and recovery, catering to the evolving needs of businesses in an increasingly digital world.
Zetta
Series A in 2010
Zetta is a company that specializes in cloud-based data protection solutions for both enterprises and small to medium-sized businesses. Founded in 2008 by innovators in the Internet sector, Zetta focuses on enhancing data security and recovery capabilities in the modern business landscape. The company offers direct-to-cloud disaster recovery as a service (DRaaS) and backup as a service (BaaS), allowing organizations to efficiently protect, access, and recover their virtual and physical data without the need for additional hardware. Through its services, Zetta aims to ensure reliable data management and recovery, catering to the evolving needs of businesses in an increasingly digital world.
Sunrun
Series C in 2010
Sunrun is a United States-based provider of residential solar electricity and related solar power services for homeowners. It designs, owns, and maintains solar energy systems and offers a solar service model in which customers pay for the electricity produced rather than the panels; Sunrun retains ownership of the systems and provides battery storage and related products. The company markets its offerings directly to homeowners through online and offline channels and collaborates with a network of installers and partners to deliver installations. Founded in 2007 and headquartered in San Francisco, Sunrun operates across multiple states and typically signs long-term agreements to supply power at fixed rates.
SANRAD
Series D in 2010
SANRAD is a company that specializes in iSCSI storage virtualization and storage area network (SAN) connectivity. It offers a range of solutions focused on high-availability disaster recovery, storage management, and data protection. The company provides integrated virtualization and management services through its advanced storage networking switches, which facilitate server consolidation and virtualization. SANRAD's technology also includes data migration solutions and heterogeneous iSCSI SAN solutions, enabling businesses to efficiently manage and protect their data assets.
Sunrun
Series B in 2009
Sunrun is a United States-based provider of residential solar electricity and related solar power services for homeowners. It designs, owns, and maintains solar energy systems and offers a solar service model in which customers pay for the electricity produced rather than the panels; Sunrun retains ownership of the systems and provides battery storage and related products. The company markets its offerings directly to homeowners through online and offline channels and collaborates with a network of installers and partners to deliver installations. Founded in 2007 and headquartered in San Francisco, Sunrun operates across multiple states and typically signs long-term agreements to supply power at fixed rates.
Akiban Technologies
Series A in 2009
Akiban Technologies, Inc. is a Boston-based company that specializes in cloud-scale database virtualization solutions aimed at the open-source community. Founded in 2009, the company offers its flagship product, Akiban Orthogonal Architecture, which automatically restructures tabular data along multiple dimensions and organizes it for practical use. This technology enables businesses to automate schema optimization, efficiently distribute data across servers, and manage user access across various nodes, all while ensuring compatibility with existing SQL database applications. Akiban Technologies is dedicated to enhancing database management and performance for its clients.
Zetta
Series A in 2008
Zetta is a company that specializes in cloud-based data protection solutions for both enterprises and small to medium-sized businesses. Founded in 2008 by innovators in the Internet sector, Zetta focuses on enhancing data security and recovery capabilities in the modern business landscape. The company offers direct-to-cloud disaster recovery as a service (DRaaS) and backup as a service (BaaS), allowing organizations to efficiently protect, access, and recover their virtual and physical data without the need for additional hardware. Through its services, Zetta aims to ensure reliable data management and recovery, catering to the evolving needs of businesses in an increasingly digital world.
Sunrun
Series A in 2008
Sunrun is a United States-based provider of residential solar electricity and related solar power services for homeowners. It designs, owns, and maintains solar energy systems and offers a solar service model in which customers pay for the electricity produced rather than the panels; Sunrun retains ownership of the systems and provides battery storage and related products. The company markets its offerings directly to homeowners through online and offline channels and collaborates with a network of installers and partners to deliver installations. Founded in 2007 and headquartered in San Francisco, Sunrun operates across multiple states and typically signs long-term agreements to supply power at fixed rates.
ONStor
Series F in 2008
ONStor is a storage technology company that develops NAS and SAN gateway platforms and storage gateway products to consolidate, manage, and scale storage resources across multi-vendor environments. Its offerings enable file storage across heterogeneous SAN infrastructures, provide data backup and load balancing, and support scalable storage access for enterprise applications. The company focuses on helping customers simplify storage, networking, and computing decisions by delivering gateway solutions that connect various storage systems and streamline data management.
ONStor
Series E in 2007
ONStor is a storage technology company that develops NAS and SAN gateway platforms and storage gateway products to consolidate, manage, and scale storage resources across multi-vendor environments. Its offerings enable file storage across heterogeneous SAN infrastructures, provide data backup and load balancing, and support scalable storage access for enterprise applications. The company focuses on helping customers simplify storage, networking, and computing decisions by delivering gateway solutions that connect various storage systems and streamline data management.
Mendocino Software
Venture Round in 2007
Mendocino Software, Inc. went out of business. Mendocino Software, Inc. develops and markets enterprise-class application data availability and access solutions. Its products include InfiniView, which offers data capture and view presentation for use with various application environments, including Oracle, Sybase, DB2 UDB, SQL Server, messaging, and other databases and enterprise file systems on supported operating system platforms. The company’s products help in data protection and recovery, as well as in the administration and maintenance of enterprise applications.
The company was founded in 2003 and is based in Fremont, California.
SANRAD
Series D in 2006
SANRAD is a company that specializes in iSCSI storage virtualization and storage area network (SAN) connectivity. It offers a range of solutions focused on high-availability disaster recovery, storage management, and data protection. The company provides integrated virtualization and management services through its advanced storage networking switches, which facilitate server consolidation and virtualization. SANRAD's technology also includes data migration solutions and heterogeneous iSCSI SAN solutions, enabling businesses to efficiently manage and protect their data assets.
Mendocino Software
Series B in 2005
Mendocino Software, Inc. went out of business. Mendocino Software, Inc. develops and markets enterprise-class application data availability and access solutions. Its products include InfiniView, which offers data capture and view presentation for use with various application environments, including Oracle, Sybase, DB2 UDB, SQL Server, messaging, and other databases and enterprise file systems on supported operating system platforms. The company’s products help in data protection and recovery, as well as in the administration and maintenance of enterprise applications.
The company was founded in 2003 and is based in Fremont, California.
ONStor
Series D in 2005
ONStor is a storage technology company that develops NAS and SAN gateway platforms and storage gateway products to consolidate, manage, and scale storage resources across multi-vendor environments. Its offerings enable file storage across heterogeneous SAN infrastructures, provide data backup and load balancing, and support scalable storage access for enterprise applications. The company focuses on helping customers simplify storage, networking, and computing decisions by delivering gateway solutions that connect various storage systems and streamline data management.
Mendocino Software
Series A in 2004
Mendocino Software, Inc. went out of business. Mendocino Software, Inc. develops and markets enterprise-class application data availability and access solutions. Its products include InfiniView, which offers data capture and view presentation for use with various application environments, including Oracle, Sybase, DB2 UDB, SQL Server, messaging, and other databases and enterprise file systems on supported operating system platforms. The company’s products help in data protection and recovery, as well as in the administration and maintenance of enterprise applications.
The company was founded in 2003 and is based in Fremont, California.
ONStor
Series B in 2002
ONStor is a storage technology company that develops NAS and SAN gateway platforms and storage gateway products to consolidate, manage, and scale storage resources across multi-vendor environments. Its offerings enable file storage across heterogeneous SAN infrastructures, provide data backup and load balancing, and support scalable storage access for enterprise applications. The company focuses on helping customers simplify storage, networking, and computing decisions by delivering gateway solutions that connect various storage systems and streamline data management.
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