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NetApp company logo
Corporation
COMPUTER HARDWARE & SERVICES | Computer Networking Equipment / Storage Networking Equipment
netapp.com

Investments

11

Portfolio Exits

8

Partners & Customers

10

Service Providers

3

About NetApp

NetApp (NASDAQ: NTAP) creates innovative storage and data management solutions that help accelerate business breakthroughs and deliver outstanding cost efficiency. Customers around the world choose the company for their "go beyond" approach and broad portfolio of solutions for cloud computing, flash storage, business applications, data storage for virtual servers, disk-to-disk backup, and more. NetApp solutions provide nonstop availability of critical business data and simplify business processes so customers can deploy new capabilities with confidence and get to revenue faster than ever before.

Headquarters Location

495 East Java Drive

Sunnyvale, California, 94089,

United States

408-822-6000

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Expert Collections containing NetApp

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

Find NetApp in 2 Expert Collections, including Fortune 500 Investor list.

F

Fortune 500 Investor list

590 items

This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.

C

Conference Exhibitors

5,302 items

Latest NetApp News

Proact named EMEA Partner of the Year

Mar 17, 2023

Proact IT Group AB Fri, Mar 17, 2023 16:02 CET Proact, Europe's leading independent data centre and cloud services provider, has yet again been recognised as partner of the year by NetApp for its dedication to providing outstanding value to their mutual customers. With a partnership spanning over 25 years, Proact has continuously helped customers across the European market. The fruitful partnership between Proact and NetApp has resulted in the strengthening of Proact's hybrid cloud offering and a continuous acknowledgment by NetApp for exceptional customer focus. It is this focus which has resulted in Proact being a repeat recipient of this award. “We are honoured to once again be acknowledged by NetApp for our dedication and hard work towards helping our customers drive business value out of their IT,” says Jonas Hasselberg, CEO and President of Proact IT Group AB. “We recognise the numerous opportunities in our collaboration with NetApp, and the EMEA Partner of the Year recognition serves as an extra motivation for us to continue deepening our partnership, but even more importantly always provide exceptional value to our customers.” “For the last three years, customers in EMEA and LATAM had to rapidly adapt to changing market conditions, a challenging macroeconomic environment and supply chain volatility. This has created even stronger and deeper bonds with our partners who have shown true resiliency to better serve our customers,” summarises Kristian Kerr. “It is crucial that we harness the full power of partnerships. One of our most committed and innovative partners is Proact, who earned the EMEA Partner of the Year. It was a pleasure to be back, meeting face-to-face, and celebrating together with them!” Jonas Hasselberg, CEO and President, Proact IT Group AB, +46 722 13 55 56,  jonas.hasselberg@proact.eu Danny Duggal, VP Commercial & Communications, Proact IT Group AB, +46 733 56 68 43,  danny.duggal@proact.eu About Proact Proact is Europe’s leading specialist in data and information management with focus on cloud services and data centre solutions. We help our customers to store, connect, protect, secure and drive value through their data whilst increasing agility, productivity and efficiency. We’ve completed thousands of successful projects around the world, have more than 4,000 customers and currently manage hundreds of petabytes of information in the cloud. We employ over 1,200 people in 13 countries across Europe and North America. Founded in 1994, our parent company, Proact IT Group AB (publ), was listed on Nasdaq Stockholm in 1999 (under the symbol PACT). For further information about Proact’s activities please visit us at www.proact.eu About the 2023 EMEA & LATAM Partner Summit and Partner Awards NetApp’s 2023 EMEA & LATAM Partner Summit and Partner Awards happened on March 14 and 15 in Prague, Czech Republic. The event centred on the cloud data company’s partner strategy for fiscal year 2024. In addition, it focused on portfolio evolution, flash technology and the evolution of NetApp’s partner program “Partner Sphere.” Tags:

NetApp Investments

11 Investments

NetApp has made 11 investments. Their latest investment was in MemVerge as part of their Series B on May 5, 2020.

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NetApp Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/12/2020

Series B

MemVerge

$19M

Yes

2

3/20/2019

Series C

Portworx

$27M

Yes

8

5/9/2017

Unattributed VC

Datos IO

Yes

4

9/16/2009

Series D

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$99M

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0

7/20/2007

Series C

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$99M

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0

Date

5/12/2020

3/20/2019

5/9/2017

9/16/2009

7/20/2007

Round

Series B

Series C

Unattributed VC

Series D

Series C

Company

MemVerge

Portworx

Datos IO

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Amount

$19M

$27M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

2

8

4

0

0

NetApp Portfolio Exits

8 Portfolio Exits

NetApp has 8 portfolio exits. Their latest portfolio exit was Portworx on September 16, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/16/2020

Acquired

$99M

4

2/6/2018

Acquired

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$99M

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10

10/1/2013

Acquired

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$99M

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10

9/21/2009

Acquired

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$99M

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0

1/17/2007

Acquired

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$99M

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0

Date

9/16/2020

2/6/2018

10/1/2013

9/21/2009

1/17/2007

Exit

Acquired

Acquired

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

4

10

10

0

0

NetApp Acquisitions

21 Acquisitions

NetApp acquired 21 companies. Their latest acquisition was Instaclustr on April 07, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/7/2022

Series B

$99M

$22.2M

Acquired - II

2

2/23/2022

Seed / Angel

$99M

$6.5M

Acquired

5

10/4/2021

Series A

$99M

$67.4M

Acquired

1

6/22/2021

Seed / Angel

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$99M

$99M

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10

6/3/2020

Series B

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$99M

$99M

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10

Date

4/7/2022

2/23/2022

10/4/2021

6/22/2021

6/3/2020

Investment Stage

Series B

Seed / Angel

Series A

Seed / Angel

Series B

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$22.2M

$6.5M

$67.4M

$99M

$99M

Note

Acquired - II

Acquired

Acquired

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Sources

2

5

1

10

10

NetApp Partners & Customers

10 Partners and customers

NetApp has 10 strategic partners and customers. NetApp recently partnered with VMware on February 2, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

2/7/2023

Licensee

United States

NetApp pushes ONTAP into Google’s cloud

VMware themselves have led the engineering of FSx for NetApp integration with VMC .

1

2/6/2023

Partner

United States

Businesses Enable Work From Anywhere Solutions With Virtual Cloud Desktops

Biztek Solutions has announced a new partnership with NetApp , enabling more companies to move to the cloud for optimized remote workflows .

1

11/29/2022

Partner

United States

NetApp Reports Second Quarter of Fiscal Year 2023 Results

NetApp , Inc. and VMware expanded their alliance , helping customers reduce the cost , complexity , and risk of migrating and modernizing enterprise-class workloads in hybrid multicloud environments .

3

11/8/2022

Partner

United States

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10

10/25/2022

Partner

United States

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10

Date

2/7/2023

2/6/2023

11/29/2022

11/8/2022

10/25/2022

Type

Licensee

Partner

Partner

Partner

Partner

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

NetApp pushes ONTAP into Google’s cloud

VMware themselves have led the engineering of FSx for NetApp integration with VMC .

Businesses Enable Work From Anywhere Solutions With Virtual Cloud Desktops

Biztek Solutions has announced a new partnership with NetApp , enabling more companies to move to the cloud for optimized remote workflows .

NetApp Reports Second Quarter of Fiscal Year 2023 Results

NetApp , Inc. and VMware expanded their alliance , helping customers reduce the cost , complexity , and risk of migrating and modernizing enterprise-class workloads in hybrid multicloud environments .

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Sources

1

1

3

10

10

NetApp Service Providers

3 Service Providers

NetApp has 3 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Brobeck Phleger & Harrison

Counsel

General Counsel

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Service Provider

Brobeck Phleger & Harrison

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Associated Rounds

Provider Type

Counsel

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Service Type

General Counsel

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Partnership data by VentureSource

NetApp Team

46 Team Members

NetApp has 46 team members, including current Founder, Chief Executive Officer, Mark Cree.

Name

Work History

Title

Status

Mark Cree

El Dorado Ventures, Vesbridge Partners, and Neo Networks

Founder, Chief Executive Officer

Current

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Name

Mark Cree

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Work History

El Dorado Ventures, Vesbridge Partners, and Neo Networks

Title

Founder, Chief Executive Officer

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Status

Current

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