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Rackspace

rackspace.com

Founded Year

1998

Stage

IPO - II | IPO

Total Raised

$36.31M

Market Cap

4.02B

Revenue

$0000 

About Rackspace

Rackspace delivers hosting services to support websites, Web-based IT systems, and computing.

Headquarters Location

One Fanatical Place

San Antonio, Texas, 78218,

United States

210-312-4700

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Research containing Rackspace

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Rackspace in 2 CB Insights research briefs, most recently on Nov 22, 2021.

Expert Collections containing Rackspace

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Rackspace is included in 1 Expert Collection, including The Edge Computing Landscape.

T

The Edge Computing Landscape

456 items

Edge computing companies facilitate workload deployment in addition to providing data processing and storage at the farthest reaches of the network. These edge computing companies range from data centers at the edge to workload management tools designed to orchestrate edge deploy

Rackspace Patents

Rackspace has filed 110 patents.

The 3 most popular patent topics include:

  • Cloud infrastructure
  • Cloud platforms
  • Abnormal psychology
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/27/2017

12/24/2019

Cloud infrastructure, Cloud platforms, Cloud computing, Cloud storage, Cloud applications

Grant

Application Date

2/27/2017

Grant Date

12/24/2019

Title

Related Topics

Cloud infrastructure, Cloud platforms, Cloud computing, Cloud storage, Cloud applications

Status

Grant

Latest Rackspace News

Multicloud Evolution, Strategic Data Practices, and Commoditization of AI Among Key Trends to Watch in 2023, According to Rackspace Technology

Jan 25, 2023

On Jan 25, 2023 As organizations look ahead to an uncertain 2023,  Rackspace Technology , a leading end-to-end multicloud technology solutions company, predicts that the continued evolution of cloud strategies, the adoption of more sophisticated data management models and the commoditization of artificial intelligence (AI) will be among the key trends driving companies’ IT agendas. “We are living in a multicloud world, but the notion that enterprises must shift everything away from on-premises data centers and into the cloud is tired and unrealistic,” said Jeff DeVerter, Chief Technology Evangelist, Rackspace Technology. “Given the economic uncertainty organizations face as we enter the new year, we are seeing a greater focus on cloud transformation projects that can increase efficiency and deliver the greatest near-term ROI. The cloud is about far more than where your data resides – companies are approaching it as an opportunity to reimagine the software side of the business and accelerate innovation.” According to the Rackspace Technology recent survey of global IT leaders, Managing IT in Challenging Economic Times, companies are becoming increasingly cloud-smart and analytical about their cloud usage. With cloud spending accounting for an increasingly large portion of overall IT spending, intelligently choosing the best strategy and home for each application is critical. “Organizations learned lessons from what we would call Wave 1 of cloud transformation, have adjusted their approaches, and are now driving strategic multicloud as the next wave,” added Ben Blanquera, VP, Evangelist, and Senior Architect, Rackspace Technology. Strategic Data Management in 2023 To succeed in 2023, Rackspace Technology also recommends that chief data officers should begin thinking about developing a data “playbook” that focuses on prudent, secure data management strategies and best practices while at the same time engaging analytics and transformational processes to drive growth. Data experts must play offense and defense with data strategy, balancing growth with moderation. “A key part of building a sound data strategy and a strong data-management function is relying on strategies that can be viewed as either growth-driven or risk-mitigating,” said Blanquera. “CDOs must focus on instituting data best practices while also engaging analytics to propel the transformational processes that drive growth. Simply put, organizations must ensure that data is reliable and capable of gathering actionable data.” Infrastructure Resiliency and Platform Engineering 2023 will also be a time for organizations to focus inward on improving the resiliency of business-critical initiatives by modernizing for stability, scale, security, or repeatability and reliability of deployments. “Investments in resiliency,” said Justin Kuss, Cloud Architect, Developer, and Evangelist, Rackspace Technology, “could pay dividends for years to come.” Kuss also predicts that Platform Engineering will leapfrog “DevOps” by the end of 2023. “Companies will jump into platform engineering to increase the efficiency of their engineers,” he added. “Platform teams will leverage automation and abstraction to help organizations adopt new technologies and codify organizational policies and practices.”

Rackspace Frequently Asked Questions (FAQ)

  • When was Rackspace founded?

    Rackspace was founded in 1998.

  • Where is Rackspace's headquarters?

    Rackspace's headquarters is located at One Fanatical Place, San Antonio.

  • What is Rackspace's latest funding round?

    Rackspace's latest funding round is IPO - II.

  • How much did Rackspace raise?

    Rackspace raised a total of $36.31M.

  • Who are the investors of Rackspace?

    Investors of Rackspace include ABRY Partners, Searchlight Capital Partners, Apollo Global Management, Norwest Venture Partners, Sequoia Capital and 5 more.

  • Who are Rackspace's competitors?

    Competitors of Rackspace include Telxius, ENS Group, Zenlayer, Vertical Bridge, DigitalOcean, 365 Data Centers, vXchnge, EdgeMicro, DartPoints, Packet and 25 more.

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