Formation Data - About the company
Formation Data is a series B company based in Fremont (United States), founded in 2013 by Mark S. Lewis. It operates as an Online platform offering diverse content on lifestyle, education, and technology. Formation Data has raised $60.2M in funding from Pelion Venture Partners. The company has 120 active competitors, including 33 funded and 17 that have exited. Its top competitors include companies like Nutanix, VAST Data and Scality.
Company Details
Online platform offering diverse content on lifestyle, education, and technology. This platform delivers articles and insights across various categories, including lifestyle, health, education, technology, and online promotion tips. It provides information on topics ranging from travel destinations and fashion to educational trends and technological advancements. The platform aims to inform and engage users with diverse interests, offering content relevant to personal well-being, career development, and staying updated on current trends. It serves as a resource for individuals seeking knowledge and inspiration in various aspects of modern life, including digital literacy, career guidance, and healthy living. The platform also touches upon financial topics, offering insights into ethical investment options.
- Website
- formationds.com
- Social
- Registered Address
- Fremont
Key Metrics
Founded Year
2013
Location
Fremont, United States
Stage
Series B
Total Funding
$60.2M in 4 rounds
Latest Funding Round
Investors
Ranked
48th among 120 active competitors
Legal entities associated with Formation Data
Formation Data is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
FORMATION DATA SYSTEMS, INC CIN: 461087596 , Belgium, Active | Sep 26, 2012 | - | - | - |
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Formation Data's funding and investors
Formation Data has raised a total funding of $60.2M over 4 rounds. Its first funding round was on Jan 31, 2014. Formation Data has 7 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Formation Data:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 11, 2016 | 6383538 | Series B | 1511154 | 8259290 | 4408462 | 9767442 |
Sep 17, 2014 | 2619810 | Series A | 2961927 | 4530868 | 8314465 | |
2014 | 9385 | Series A | 3391 | 5257 | 8850 | 1750 |
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Formation Data's founders and board of directors
Founder? Claim ProfileThe founders of Formation Data is Mark S. Lewis.
Here are the details of Formation Data's key team members:
- Mark S. Lewis: Co-Founder & CEO of Formation Data.
View details of Formation Data's Founder profiles and Board Members
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Formation Data's Competitors and alternates
Top competitors of Formation Data include Nutanix, VAST Data and Scality. Here is the list of Top 10 competitors of Formation Data, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nutanix 2009, San Jose (United States), Public | AI powered cloud management software for enterprises | $317M | 73/100 | |
2nd | VAST Data 2016, New York City (United States), Series F | Developer of an operating system unifying storage, database, and compute | $841M | 67/100 | |
3rd |  Scality 2009, San Francisco (United States), Series E | Cloud based platform offering software defined storage solutions for enterprises | $149M | 67/100 | |
4th | DataCore 1998, Fort Lauderdale (United States), Series D | Software defined storage and storage virtualization | $120M | 64/100 | |
5th | Lightbits 2016, San Jose (United States), Series C | Cloud and NVMe based SSD software provider | $100M | 61/100 | |
6th | Open source distributed and cloud based system storage solutions | $284M | 57/100 | ||
7th | Scale Computing 2007, Austin (United States), Acquired | Platform offering hyper converged infrastructure solutions | $215M | 55/100 | |
8th | StorONE 2010, New York City (United States), Series A | Enterprise software defined storage management solution provider | $20M | 55/100 | |
9th | Software-defined storage products | $36.1M | 52/100 | ||
10th | SimpliVity 2009, Westborough (United States), Acquired | Hyper Converged Infrastructure Storage provider | $277M | 52/100 | |
48th | Formation Data 2013, Fremont (United States), Series B | Online platform offering diverse content on lifestyle, education, and technology | $60.2M | 33/100 |
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Formation Data's Investments and acquisitions
Formation Data has made no investments or acquisitions yet.
Reports related to Formation Data
Here is the latest report on Formation Data's sector:
News related to Formation Data
•
StorageNewsletterStart-Up Co-Founded by Well-Known Mark Lewis, former EMC CTO and GM of HP Storage - StorageNewsletterStorageNewsletter•Oct 07, 2014•Formation Data, Pelion Venture Partners, Third Point Ventures, Mayfield and 6 others
•
Prelude to Foundation: Startup FDS builds next silo-melding platform • The Register TheRegister•Formation Data
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