Neverware - About the company
Neverware is an acquired company based in New York City (United States), founded in 2011 by Jonathan Hefter. It operates as an Upgrade PCs/Macs with ChromeOS Flex: secure, cloud-based, and easy to manage. Neverware has raised $14.2M in funding from Rethink Capital Partners. The company has 150 active competitors, including 10 funded and 5 that have exited. Its top competitors include companies like Critical Links, DBOS and Kajeet Education Broadband.
Company Details
Upgrade PCs/Macs with ChromeOS Flex: secure, cloud-based, and easy to manage. It offers a cloud-based operating system that breathes new life into existing devices, making them faster and more secure. With features like quick boot-up times and automatic updates, it ensures devices remain efficient over time. The solution is easily deployed via USB or network, enabling cloud-based device management through the Google Admin console. Security is a priority, with built-in protections against data loss. This approach also benefits the environment by reducing e-waste. It provides options for both individual USB drive installations and remote deployment for larger organizations. It offers a sustainable and secure solution for businesses looking to optimize their existing hardware infrastructure.
- Website
- neverware.com
- Registered Address
- New York, New York
Key Metrics
Founded Year
2011
Location
New York City, United States
Stage
Acquired
Total Funding
$14.2M in 4 rounds
Latest Funding Round
Investors
Ranked
13th among 150 active competitors
Employee Count
25 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Google (Dec 15, 2020)
Legal entities associated with Neverware
Neverware is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NEVERWARE, INC CIN: 451005966 , United States, Active | Dec 26, 999 | - | 40 (As on Dec 31, 2020) | - |
Neverware's acquisition details
Neverware got acquired by Google on Dec 15, 2020.
Click here to take a look at Neverware's acquisition in detail
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Neverware's funding and investors
Neverware has raised a total funding of $14.2M over 4 rounds. Its first funding round was on May 20, 2013. Its latest funding round was a Series B round on Oct 11, 2017 for $*****. 1 investor participated in its latest round. Neverware has 11 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Neverware:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 11, 2017 | 7119737 | Series B | 6747374 | 1389179 | 6201473 | 6915152 |
Oct 14, 2014 | 5240722 | Series A | 2438232 | 7863457 | 8348275 | |
Dec 30, 2013 | 8892401 | Series A | 2789475 | 6640153 |
View details of Neverware's funding rounds and investors
Neverware's founders and board of directors
Founder? Claim ProfileThe founders of Neverware is Jonathan Hefter.
Here are the details of Neverware's key team members:
- Jonathan Hefter: Founder & CEO of Neverware.
View details of Neverware's Founder profiles and Board Members
Neverware's employee count trend
Neverware has 25 employees as of Jun 26. Here is Neverware's employee count trend over the years:
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Neverware's Competitors and alternates
Top competitors of Neverware include Critical Links, DBOS and Kajeet Education Broadband. Here is the list of Top 10 competitors of Neverware, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Critical Links 2006, Fairfield (Australia), Series A | ICT infrastructure solution for schools | $11.2M | 59/100 | |
2nd | DBOS 2023, Cambridge (United States), Seed | Cloud based integrated serverless solutions for application development | $8.5M | 56/100 | |
3rd | Kajeet Education Broadband 2003, Mclean (United States), Series B | Platform providing wireless broadband services | $55.9M | 52/100 | |
4th | Ubuntu 2004, London (United Kingdom), Funding Raised | Open source desktop operating system | - | 52/100 | |
5th | Gentoo 1999, Sanford (United States), Unfunded | Flexible, source-based Linux distribution, customizable for diverse applications and needs | - | - | 48/100 |
6th | Debian 1993, United States, Unfunded | Unix-like open source operating system for desktop | - | - | 47/100 |
7th | Insyde Software 1998, Westborough (United States), Public | Manufacturer of UEFI firmware solution for embedded applications | - | 46/100 | |
8th | FreeBSD 1993, Berkeley (United States), Unfunded | Open-source operating system powering servers, desktops, and embedded platforms | - | - | 45/100 |
9th | Education Networks of America 1998, Nashville (United States), Acquired | Global provider of high-bandwidth connectivity solutions, fiber and network infrastructure | - | 45/100 | |
10th | GNU 1983, United States, Unfunded | Operating systems for computing control | - | - | 45/100 |
13th | Neverware 2011, New York City (United States), Acquired | Upgrade PCs/Macs with ChromeOS Flex: secure, cloud-based, and easy to manage | $14.2M | 44/100 |
Looking for more details on Neverware's competitors? Click here to see the top ones
Neverware's Investments and acquisitions
Neverware has acquired Flint Innovations. Neverware has not made any investments as of now.Reports related to Neverware
Here is the latest report on Neverware's geography:
News related to Neverware
•
Google’s OS Flex to turn PCs and Mac devices to ChromebookInnovation-village•Feb 19, 2022•Google, Neverware
•
Google bought CloudReady, the largest ChromiumOS distributionArs Technica•Dec 16, 2020•Google, Neverware
•
Google buys Neverware to turn old PCs into ChromebooksTechCentral Ireland•Dec 16, 2020•Google, Neverware
•
Konica Minolta Announces Partnership with NeverwareGlobeNewswire•Jul 29, 2020•All Covered, Neverware, Konica Minolta
•
•
Arcserve breaks up with ACA Pacific for Aussie distributionCRN Australia•Jun 07, 2019•Arcserve, Neverware
•
Neverware to Acquire Flint Innovations, Creators of Flint OSPR Newswire•Mar 06, 2018•Neverware, Flint Innovations
•
Neverware Launches Series B Funding Round to Fuel Enterprise Expansion of CloudReadyPR Newswire•Oct 11, 2017•Neverware, Google
•
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