
NetApp
Investments
11Portfolio Exits
8Partners & Customers
10Service Providers
3About 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.

Want to inform investors similar to NetApp about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
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.
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.
Conference Exhibitors
5,302 items
Research containing NetApp
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned NetApp in 4 CB Insights research briefs, most recently on May 16, 2022.

Latest NetApp News
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.

NetApp Investments Activity

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 | Cisco Investments, and NetApp | 4 | |
9/16/2009 | Series D | |||||
7/20/2007 | Series C |
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 | ||
Amount | $19M | $27M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | Cisco Investments, and NetApp | ||||
Sources | 2 | 8 | 4 |
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 | 4 | |||
Date | 9/16/2020 | ||||
---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 4 |
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 | $22.2M | Acquired - II | 2 | ||
2/23/2022 | Seed / Angel | $6.5M | Acquired | 5 | ||
10/4/2021 | Series A | $67.4M | Acquired | 1 | ||
6/22/2021 | Seed / Angel | |||||
6/3/2020 | Series B |
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 | |||||
Valuation | |||||
Total Funding | $22.2M | $6.5M | $67.4M | ||
Note | Acquired - II | Acquired | Acquired | ||
Sources | 2 | 5 | 1 |
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 | ||||
10/25/2022 | Partner |
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 | ||
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 . | ||
Sources | 1 | 1 | 3 |
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 | |
Service Provider | Brobeck Phleger & Harrison | ||
---|---|---|---|
Associated Rounds | |||
Provider Type | Counsel | ||
Service Type | General Counsel |
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 |
Name | Mark Cree | ||||
---|---|---|---|---|---|
Work History | El Dorado Ventures, Vesbridge Partners, and Neo Networks | ||||
Title | Founder, Chief Executive Officer | ||||
Status | Current |
Compare NetApp to Competitors

Tintri builds smart storage that sees, learns and adapts, enabling IT organizations to focus on virtualized applications and business services instead of managing storage infrastructure. Tintri storage eliminates planning and complex troubleshooting by providing VM-level visibility, control, insight and agility, with all flash performance for virtualized environment and the cloud. On September 4th, 2018, Tintri was taken private by DDN at a valuation of $60M.

Continuity Software, Inc is an software vendor offering RecoverGuard, a Business Continuity management solution which aims to empower customers to effectively manage Business Continuity implementations, ensure their critical business data is protected, and maintain Business Continuity Service Levels (SLA).The RecoverGuard technology monitors the Business Continuity and customer production environment, and automatically detects any configuration gaps that would lead to SLA breaches, or inability to use the enterprise's Business Continuity environment in case of an unexpected disaster.Continuity Software was founded by a team of experienced IT and Business Continuity professionals, with a passion for building enterprise software solutions.

Acronis unifies data protection and cybersecurity, delivering cyber protection that solves safety, accessibility, privacy, authenticity, and security (SAPAS) challenges. The company offers antivirus, backup, disaster recovery, endpoint protection management solutions, AI-based antimalware, and blockchain-based data authentication technologies through service provider and IT professional deployment models. These solutions protect data, applications, and systems in any environment. Acronis serves both home users and companies around the world. It was founded in 2003 and is based in Schaffhausen, Switzerland.

Scale Computing is a hyper-converged infrastructure company that focuses on small and mid-size businesses with limited IT resources. It develops an IT virtualization infrastructure platform that integrates storage, servers, and virtualization software into an all-in-one appliance-based system. It was founded in 2007 and is based in Indianapolis Indiana.

Riverbed specializes in wide area data services (WDS), a product category that solves the problems of latency and bandwidth that plague a wide variety of applications over distributed networks. Riverbed's Steelhead appliances provide high levels of WAN performance at a lower cost, reducing WAN traffic and accelerating applications. By providing optimizations that are orders of magnitude greater than what users experience today, Riverbed is changing the way people work and enabling a truly distributed workforce.

Open-E, Inc. is a developer of IP-based storage management software with headquarters in the United States and Europe. Founded in 1998, the company sells its line of storage management software through a network of system integrator and reseller partners. The Open-E DSS, NAS-R3 and iSCSI-R3 line of products are aimed at the SMB and SME markets. The products have the ability to support a variety of protocols, such as iSCSI, Fibre Channel or Infiniband, in either file or block data transmission. Open-E works with technology industry leaders to deliver the company's software on a variety of industry-standard hardware platforms.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.