Coraid - About the company
Coraid is an acquired company based in Redwood City (United States), founded in 2000 by Brantley Coile. It operates as a Simple, high-performance, and inexpensive storage area network (SAN) solutions. Coraid has raised $99.9M in funding from investors like Menlo Ventures, Crosslink Capital and Azure Capital Partners. The company has 40 active competitors, including 3 funded and 17 that have exited. Its top competitors include companies like DDN, Incipient and Atto.
Company Details
Simple, high-performance, and inexpensive storage area network (SAN) solutions. They offer flexible data storage solutions using commodity hardware and Ethernet networking. Their EtherDrive SAN system includes media arrays, host bus adaptors, and optional storage virtualizers. The software subscription provides features like thin provisioning, snapshots, and secure off-site backups. They focus on cost-effectiveness by allowing customers to choose their preferred SAS/SATA/SSD drives. Their SAN systems scale unlimitedly, offering cloud-like economics without unpredictable monthly bills. They provide support to answer questions, consult before configuration, and assist with any issues that may arise. They offer block-level storage, RAID support, and JBOD options. Their technology is designed for virtualized environments like VMware, KVM, and Windows Hyper-V, as well as video surveillance and medical imaging applications. They provide remote system logging for proactive SAN health monitoring.
- Website
- coraid.com
- Social
Key Metrics
Founded Year
2000
Location
Redwood City, United States
Stage
Acquired
Total Funding
$99.9M in 4 rounds
Latest Funding Round
Investors
Ranked
3rd among 40 active competitors
Employee Count
8 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by SouthSuite (Aug 08, 2016)
Legal entities associated with Coraid
Coraid is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Coraid, Inc CIN: 582572967 , United States, Active | Dec 31, 1999 | - | - | - |
Coraid's acquisition details
Coraid got acquired by SouthSuite on Aug 08, 2016.
Click here to take a look at Coraid's acquisition in detail
Sign up to download Coraid's company profile
Coraid's funding and investors
Coraid has raised a total funding of $99.9M over 4 rounds. Its first funding round was on Dec 03, 2009. Coraid has 7 institutional investors.
Here is the list of recent funding rounds of Coraid:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 31, 2013 | 9432759 | Series C | 6347361 | 7671912 | 2754725 | 5832735 |
Oct 18, 2011 | 4487548 | Series C | 7102417 | 3966563 | 9062914 | |
Oct 29, 2010 | 5763321 | Series B | 1673502 | 4051648 |
Access funding benchmarks and valuations. Sign up today!View details of Coraid's funding rounds and investors
Coraid's founders and board of directors
Founder? Claim ProfileThe founders of Coraid is Brantley Coile.
Here are the details of Coraid's key team members:
- Brantley Coile: Chief Scientist & Founder of Coraid.
- Dave Kresse: CEO of Coraid.
View details of Coraid's Founder profiles and Board Members
Coraid's employee count trend
Coraid has 8 employees as of May 26. Here is Coraid's employee count trend over the years:
Uncover Coraid's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Coraid's Competitors and alternates
Top competitors of Coraid include DDN, Incipient and Atto. Here is the list of Top 10 competitors of Coraid, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | DDN 1998, Chatsworth (United States), Series B | Platform offering big data and HPC storage appliances for businesses | $310M | 75/100 | |
2nd | Incipient 2001, Waltham (United States), Series E | Enterprise Data Storage | $94.7M | 44/100 | |
3rd | Coraid 2000, Redwood City (United States), Acquired | Simple, high-performance, and inexpensive storage area network (SAN) solutions | $99.9M | 43/100 | |
4th | Atto 1988, New York City (United States), Acquired | Enterprise storage area network solutions provider | $3M | 42/100 | |
5th |  Sanera 2000, Sunnyvale (United States), Acquired | Los Angeles telecommunications contractor providing cabling, electrical, and network solutions | $73.3M | 40/100 | |
6th | QLogic 1994, Aliso Viejo (United States), Acquired | Innovating essential technology solutions for data infrastructure, networking, and compute | - | 40/100 | |
7th | Chelsio 1997, Sunnyvale (United States), Series F | Provider of high-performance Ethernet adapters and ASICs for networking solutions | $79M | 39/100 | |
8th |  Compellent 2002, Eden Prairie (United States), Acquired | Enterprise network storage solutions | $29.3M | 39/100 | |
9th | Equallogic 2001, Nashua (United States), Acquired | Storage area network systems | $47M | 39/100 | |
10th | Lefthand Networks 1999, Boulder (United States), Acquired | Platform offering storage area networks solutions | $50.5M | 37/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Coraid's competitors? Click here to see the top ones
Coraid's Investments and acquisitions
Coraid has acquired Yunteq. Coraid has not made any investments as of now.Reports related to Coraid
Here is the latest report on Coraid's sector:
News related to Coraid
•
Global Storage Virtualization Market Raise at a CAGR +24 by 2023- Citrix Systems Inc., HP, IBM Corporation, Microsoft Corporationthebusinessinvestor.com•Dec 19, 2018•Coraid, HP, Microsoft
•
•
•
Coraid Announces EtherFlash Programmable SSD Cache and EtherCloud Software-Defined StorageStorageReview.com•Aug 22, 2012•Coraid
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Coraid
Explore our recently published companies
- Wisdom Square Technologies - New Hyde Park based, 2008 founded, Unfunded company
- Fruverpack - Almoradi based, 1992 founded, Unfunded company
- AERA - Bouxwiller based, 1979 founded, Unfunded company
- Divine Hindu - Ujjain based, 2023 founded, Unfunded company
- Globaldigitalpartner.com - 2013 founded, Unfunded company
- OROK - Bourgoin Jallieu based, 2018 founded, Deadpooled company
