StorSimple

StorSimple

Enterprise customers consolidate their storage infrastructure, automate data management, and accelerate disaster recovery. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD57—86m (Dealroom.co estimates Jun 2011.)
Santa Clara California (HQ)
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DateInvestorsAmountRound

$8.0m

Series A

$13.0m

Series B

$10.5m

Series C

N/A

Acquisition
Total FundingCAD43.0m

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StorSimple is a company that specializes in providing cloud-integrated storage solutions designed to simplify data management for businesses. Operating primarily in the enterprise market, StorSimple serves clients who require efficient and scalable storage options. The company's core product integrates on-premises storage with cloud storage, offering features such as automated data tiering, backup, and disaster recovery. This hybrid approach allows businesses to scale their storage needs instantly while ensuring high availability and performance. StorSimple's business model revolves around selling hardware appliances and software subscriptions, generating revenue through both initial sales and ongoing service fees. The company leverages partnerships with major cloud providers like Microsoft Azure to enhance its offerings and provide comprehensive solutions to its clients. By addressing the growing need for efficient data management, StorSimple positions itself as a key player in the cloud storage market.

Keywords: cloud-integrated storage, data management, scalability, high availability, enterprise market, automated tiering, backup, disaster recovery, hybrid storage, Microsoft Azure.