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Densify - About the company

Densify is a series C company based in Richmond Hill (Canada), founded in 1999 by Riyaz Somani. It operates as an Automation product for virtual instances. Densify has raised $38.2M in funding from EdgeStone Capital Partners. The company has 251 active competitors, including 61 funded and 24 that have exited. Its top competitors include companies like Apptio, Anodot and Flexera.

Company Details

Densify offers cloud automation for virtual instances. The company provides cloud cost optimization, real time optimization, cloud migration, capacity control & visibility, storage optimization, cloud migration, bill analysis, and right sizing. The product also includes pro-active real-time automating cloud and infrastructure and optimization solution.
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Phone Number
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Key Metrics
Founded Year
1999
Location
Richmond Hill, Canada
Stage
Series C
Total Funding
$38.2M in 6 rounds
Latest Funding Round
Ranked
Employee Count
76 as on Mar 31, 2026
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Densify's funding and investors

Densify has raised a total funding of $38.2M over 6 rounds. Densify has 6 institutional investors.

Here is the list of recent funding rounds of Densify:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 28, 2014
1308155
Series C
2144055
1710810
3782000
7929351
Mar 27, 2012
7608603
Series C
2355496
4632034
1129281
2008
9913
Series B
7127
5536
2637
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Densify's founders and board of directors

Founder? Claim Profile
The founders of Densify is Riyaz Somani.
Here are the details of Densify's key team members:

Densify's employee count trend

Densify has 76 employees as of Mar 26. Here is Densify's employee count trend over the years:
Employee count trend for Densify
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Densify's Competitors and alternates

Top competitors of Densify include Apptio, Anodot and Flexera. Here is the list of Top 10 competitors of Densify, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Apptio
Apptio
2007, Bellevue (United States), Acquired
Cloud spend management platform for enterprises
$136M
75/100
2nd
Logo for Anodot
Anodot
2014, Ra anana (Israel), Acquired
AI based cost management platform
$65.5M
71/100
3rd
Logo for Flexera
Flexera
2008, Itasca (United States), Acquired
Provider of IT management solutions for cloud, SaaS, and data centers
$5.76M
68/100
4th
Logo for Zluri
Zluri
2020, San Francisco (United States), Series B
Provider of SaaS management, access management, and access review solutions
$32.5M
69/100
5th
Logo for Zylo
Zylo
2015, Indianapolis (United States), Series C
Platform offering SaaS applications management solutions
$72.5M
67/100
6th
Logo for Orb
Orb
2019, San Francisco (United States), Series B
Platform offering infrastructure monitoring solutions
$44.1M
65/100
7th
Logo for Virtana
Virtana
2008, San Jose (United States), Series C
AI based infrastructure management solution
$140M
64/100
8th
Logo for Spot
Spot
2015, San Francisco (United States), Acquired
Provider of IT management solutions for cloud, SaaS, and data centers
$63M
64/100
9th
Logo for Torii
Torii
2017, Ra anana (Israel), Series B
Platform to manage SaaS applications of an enterprise
$65M
61/100
10th
Logo for Exostellar
Exostellar
2018, Ithaca (United States), Series A
Platform offering cloud spend management solutions
$33M
62/100
11th
Logo for Densify
Densify
1999, Richmond Hill (Canada), Series C
Automation product for virtual instances
$38.2M
61/100
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Densify's Investments and acquisitions

Densify has made no investments or acquisitions yet.

News related to Densify

lockFilter this list
Media has covered Densify for 1 event in last 1 year, It was about company updates.
ISG Names Densify a Rising StarGlobeNewswireJul 29, 2019Densify
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FAQs about Densify

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