When was NetApp founded?

NetApp was founded in 1992 and raised its 1st funding round 23 years after it was founded.

Where is NetApp located?

NetApp is headquartered in San Jose, United States. It is registered at De Kleetlaan 4 1831 Machelen (Brab.).

How many employees does NetApp have?

As of Apr 30, 2025, NetApp has 14920 employees, reflecting a 2% year-over-year growth in headcount.

Is NetApp a funded company?

NetApp is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Feb 01, 2015.

When was the latest funding round of NetApp?

NetApp's latest funding was a $***** Post IPO round on Sep 25, 2017, with participation from 0 investor. Its primary sector is Data Center Infrastructure. In United States, the Data Center Infrastructure sector has seen $10.5B in funding in 2026 to date.

What is the annual revenue of NetApp?

Annual revenue of NetApp is more than $1B as on Apr 30, 2025

Where does NetApp rank among its competitors?

NetApp ranks 1st amongst 284 active competitors, of which 40 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Emerald, which secured $150M in Aug, 2026.

Who are the top competitors of NetApp?

NetApp's top competitors include Inspur, Vertiv and Lancium. Among them, Emerald secured the most recent funding round in August, 2026.

NetApp - 2026 Company Profile, Team, Funding, Competitors & Financials

NetApp is a public company based in San Jose (United States), founded in 1992 by David Hitz. It operates as a Provider of cloud based platform offering software for enterprise data management. NetApp has raised an undisclosed amount in funding. The company has 284 active competitors, including 40 funded and 45 that have exited. Its top competitors include companies like Inspur, Vertiv and Lancium.

Company Details

Provider of cloud based platform offering software for enterprise data management. It offers storage and data management solutions that are designed to help customers accelerate business breakthroughs and achieve outstanding cost efficiency. The features of the product include secure cloud storage, data protection, and management, enterprise application security, and more. It has clients such as Dreamworks, Ducati, Gumgum, and more.

Website: www.netapp.com/
Social
Email ID: *****@netapp.com
Phone Number: +1 **********
Registered Address: De Kleetlaan 4 1831 Machelen (Brab.)

Key Metrics

Founded Year

1992

Location

San Jose, United States

Stage

Public

Latest Funding Round

Post IPO, Sep 25, 2017, $*****

Investors

Greenleaf Trust & 6 more

Ranked

1^st among 284 active competitors

Annual Revenue

$1B+ as on Apr 30, 2025

Employee Count

14,920 as on Apr 30, 2025

Investment & Acquisitions

JetStream Software & 31 more

Similar Companies

Inspur & 93 more

Exit Details

Public

View NetApp's full profile

NetApp is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NETAPP INDIA PRIVATE LIMITED CIN: U72200KA2000PTC032301 , India, Active	Aug 25, 2000	₹1,000+ Cr (As on Mar 31, 2025)	3372 (As on Apr 01, 2026)
Netapp Belgium CIN: 0471.921.826 , Belgium, Active	May 19, 2000	-	-	-
Netapp, Inc. CIN: 1002047 , United States, Active	Oct 31, 2001	$1B+ (As on Apr 30, 2025)	11700 (As on Apr 30, 2025)	-
NETAPP IRELAND LIMITED CIN: 0797.780.755 , Belgium, Active	Jan 01, 2023	-	-	-
NETAPP INDIA MARKETING AND SERVICES PRIVATE LIMITED CIN: U72200KA2011PTC057531 , India, Active	Mar 10, 2011	₹1,000+ Cr (As on Mar 31, 2025)	151 (As on Mar 31, 2026)
InetApp spol. s r.o. CIN: 29295009 , Czech Republic, Active	Oct 20, 2011	-	-

NetApp got listed on Nov 21, 1995.

Click here to take a look at NetApp's IPO in detail

NetApp has raised funding over 2 rounds. Its first funding round was on Feb 01, 2015. NetApp has 7 institutional investors.

Here is the list of recent funding rounds of NetApp:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 25, 2017	3786914	Post IPO	6959741	4965684	3588568	7393326
Feb 01, 2015	4690509	Grant (prize money)	3167049	6291057	7090452	Europa

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View details of NetApp's funding rounds and investors

The founders of NetApp is David Hitz.

Here are the details of NetApp's key team members:

David Hitz: Co-Founder of NetApp.
Contact Info: 1 email address

View details of NetApp's Founder profiles and Board Members

NetApp's employee count trend

NetApp has 14,920 employees as of Apr 25. The total employee count is 1.0% more than what it was in Apr 24. Here is NetApp's employee count trend over the years:

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Top competitors of NetApp include Inspur, Vertiv and Lancium. Here is the list of Top 10 competitors of NetApp, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NetApp 1992, San Jose (United States), Public	Provider of cloud based platform offering software for enterprise data management	-	Greenleaf Trust, TA Associates & 5 others	70/100
2nd	Inspur 1983, China, Public	Provider of cloud computing, data center, and enterprise software solutions	-	gf.fund, Xinding Capital & 8 others	65/100
3rd	Vertiv 1946, Westerville (United States), Public	Provider of power, thermal, and IT infrastructure solutions and services	-	Starboard Value, NYSTRS & 6 others	64/100
4th	Lancium 2014, The Woodlands (United States), Series E	Developer of infrastructure for artificial intelligence data centers and power orchestration	$3.65B	Blackstone, Hanwhasolutions & 2 others	61/100
5th	Emerald 2024, Washington, DC (United States), Series A	Developer of a platform optimizing power grids and artificial intelligence infrastructure	$307M	Energize Capital, Radical Ventures & 32 others	59/100
6th	DEEPEXI 2018, Haidian (China), Public	Provider of a big data stack	$256M	IDG Capital, Hillhouse & 14 others	58/100
7th	Phaidra 2019, Seattle (United States), Series B	AI-powered control systems for industrial facilities	$92.5M	Flying Fish Ventures, Index Ventures & 18 others	58/100
8th	Actian 2005, Redwood City (United States), Acquired	Hybrid data management platform	-	TriplePoint Capital, Garnett & Helfrich Capital	58/100
9th	Stratio 2013, Palo Alto (United States), Series C	Platform for Batch, Interactive and Stream Processing Using Spark	$78.3M	InfraVia Capital Partners, Adara & 3 others	55/100
10th	Hortonworks 2011, Palo Alto (United States), Acquired	Commercial version of Apache Hadoop	$248M	Dragoneer Investment Group, Tenaya Capital ... & 11 others	55/100

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NetApp has made 8 investments in companies including Diskover and Ambit. NetApp has also acquired 24 companies including JetStream Software and DataPelago.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 06, 2026	Acquisition	JetStream Software	2016	San Jose (United States)
Jul 20, 2026	Acquisition	DataPelago	2021	Sunnyvale (United States)
Jul 16, 2026	Acquisition	DataPelago	2022	Mountain View (United States)