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Model 9 - About the company

Model 9 is an acquired company based in Tel Aviv (Israel), founded in 2015 by Adi Pundak-Mintz, Yuval Kashtan and Motti Tal. It operates as a Software defined main frame backup. Model 9 has raised $13.8M in funding from investors like Intel Capital, GlenRock Israel and StageOne Ventures. The company has 764 active competitors, including 59 funded and 98 that have exited. Its top competitors include companies like Rubrik, Druva and Veeam.

Company Details

Model 9 offers a platform for software defined mainframe backup. The platform runs on zIIPs, IFLs or in a combination of with open-system servers. The platform can be used to store backups and archives on any storage types which are cloud, mainframe, and open systems. It offers a web interface that is used to manage and monitor backup operations, find and restore data sets, a real-time notification with built-in encryption.
Social
Facebook
Email ID
*****@model9.io
Key Metrics
Founded Year
2015
Location
Tel Aviv, Israel
Stage
Acquired
Total Funding
$13.8M in 1 round
Latest Funding Round
Ranked
Employee Count
6 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by BMC Software (Apr 25, 2023)

Model 9's acquisition details

Model 9 got acquired by BMC Software on Apr 25, 2023 at an acquisition amount of $*****.
Click here to take a look at Model 9's acquisition in detail
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Model 9's funding and investors

Model 9 has raised a total funding of $13.8M over 1 round. Its latest funding round was a Series A round on Feb 12, 2020 for $*****. 4 investors participated in its latest round. Model 9 has 4 institutional investors.

Here is the list of recent funding rounds of Model 9:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 12, 2020
4510238
Series A
7475628
1977390
2215603
6829407
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Model 9's founders and board of directors

Founder? Claim Profile
The founders of Model 9 are Adi Pundak-Mintz, Yuval Kashtan and Motti Tal.
Here are the details of Model 9's key team members:

Model 9's employee count trend

Model 9 has 6 employees as of Aug 26. Here is Model 9's employee count trend over the years:
Employee count trend for Model 9
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Model 9's Competitors and alternates

Top competitors of Model 9 include Rubrik, Druva and Veeam. Here is the list of Top 10 competitors of Model 9, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Rubrik
Rubrik
2014, Palo Alto (United States), Public
Provider of cyber resilience platform for data and identity security
$553M
79/100
2nd
Logo for Druva
Druva
2008, Santa Clara (United States), Series H
Provider of cloud-based platform for data protection, security, and governance
$475M
78/100
3rd
Logo for Veeam
Veeam
2006, Seattle (United States), Acquired
Provider of data resilience and cyber security solutions for enterprises
$1.04B
78/100
4th
Logo for Acronis
Acronis
2003, Schaffhausen (Switzerland), Acquired
Provider of cyber protection solutions, including backup, disaster recovery, and cybersecurity
$658M
73/100
5th
Logo for Cohesity
Cohesity
2013, San Jose (United States), Series F
Cloud and AI based enterprise data backup and management solutions
$810M
72/100
6th
Logo for Keepit
Keepit
2002, Copenhagen (Denmark), Series B
Provider of cloud data protection and recovery for SaaS applications
$80.6M
68/100
7th
Logo for Quantum
Quantum
1980, San Jose (United States), Acquired
Provider of data management solutions designed for the AI era
-
67/100
8th
Logo for AvePoint
AvePoint
2001, Jersey City (United States), Public
Cloud based platform offering data backup and recovery solutions
$90M
67/100
9th
Logo for Cloud.com
Cloud.com
2008, Cupertino (United States), Acquired
Developer of software for digital workspaces, analytics, and data management
$17.6M
66/100
10th
Logo for Semperis
Semperis
2013, Hoboken (United States), Series C
Provider of Active Directory and Entra ID security and recovery solutions
$368M
66/100
48th
Logo for Model 9
Model 9
2015, Tel Aviv (Israel), Acquired
Software defined main frame backup
$13.8M
47/100
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Model 9's Investments and acquisitions

Model 9 has made no investments or acquisitions yet.

Reports related to Model 9

Here is the latest report on Model 9's sector:

News related to Model 9

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•
Israel’s Model9 Sold to BMC Software for $40 MillionCAESARS INTERACTIVE ENTERTAINMENT (UK) LIMITED•Apr 30, 2023•Model 9, BMC Software
•
BMC Buys Model9 for Mainframe Cloud Data ManagementHostingJournalist•Apr 26, 2023•BMC Software, Model 9
•
Cloud Data Management Firm Model9 Joins Open Mainframe ProjectHostingJournalist•Jul 23, 2022•Model 9
•
Model9 Named a 2021 Cool Vendor by GartnerPRWeb•Jun 02, 2021•Model 9
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