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.
- Website
- densify.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1999
Location
Richmond Hill, Canada
Stage
Series C
Total Funding
$38.2M in 6 rounds
Latest Funding Round
Investors
Ranked
11th among 251 active competitors
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:
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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 |
View details of Densify's funding rounds and investors
Densify's founders and board of directors
Founder? Claim ProfileThe founders of Densify is Riyaz Somani.
Here are the details of Densify's key team members:
- Riyaz Somani: Co-Founder & President of Densify.
View details of Densify's Founder profiles and Board Members
Densify's employee count trend
Densify has 76 employees as of Mar 26. Here is Densify's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Apptio 2007, Bellevue (United States), Acquired | Cloud spend management platform for enterprises | $136M | 75/100 | |
2nd | AI based cost management platform | $65.5M | 71/100 | ||
3rd | Flexera 2008, Itasca (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $5.76M | 68/100 | |
4th | Zluri 2020, San Francisco (United States), Series B | Provider of SaaS management, access management, and access review solutions | $32.5M | 69/100 | |
5th | Zylo 2015, Indianapolis (United States), Series C | Platform offering SaaS applications management solutions | $72.5M | 67/100 | |
6th | Orb 2019, San Francisco (United States), Series B | Platform offering infrastructure monitoring solutions | $44.1M | 65/100 | |
7th | Virtana 2008, San Jose (United States), Series C | AI based infrastructure management solution | $140M | 64/100 | |
8th | Spot 2015, San Francisco (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $63M | 64/100 | |
9th | Platform to manage SaaS applications of an enterprise | $65M | 61/100 | ||
10th | Exostellar 2018, Ithaca (United States), Series A | Platform offering cloud spend management solutions | $33M | 62/100 | |
11th | 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
Media has covered Densify for 1 event in last 1 year, It was about company updates.
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VMware hit with $84.5 million verdict in US retrial over software patentsworldfin.news•May 03, 2023•VMware, Densify
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Densify update helps finance make more intelligent cloud buying decisionsTechCrunch+•Aug 22, 2019•Densify
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Densify Files Lawsuit Against VMware Seeking to Stop Infringement of Densify’s PatentsGlobeNewswire•Apr 25, 2019•VMware, Densify
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Densify Brings Machine Learning to Automated Optimization of ContainersGlobeNewswire•Apr 03, 2019•Densify
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