Cavern Technologies, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Cavern Technologies, Inc. - overview
Established
2007
Location
Lenexa, KS, US
Primary Industry
IT Infrastructure
About
Cavern Technologies, Inc. , based in the US, specializes in optimizing data management and storage solutions for businesses, offering cloud services and data security to enhance operational efficiency. Founded in 2007 and headquartered in Lenexa, Kansas, Cavern Technologies, Inc. focuses on providing data management solutions.
The company was acquired by LightEdge Solutions, Inc. on September 22, 2021, which aims to expand its offerings in Kansas City and the broader US market. The CEO, Peter Clune, has experience leading technology firms, which supports the company's strategic direction. Cavern Technologies provides innovative data management and storage solutions, including cloud storage and data security services tailored for businesses.
Their offerings target small to medium-sized enterprises (SMEs) and large corporations, enabling efficient data management while ensuring robust security. The company's services cater to various industries, including finance, healthcare, and technology, focusing on flexible, scalable IT infrastructures. Cavern Technologies operates on a subscription-based revenue model for its cloud storage and data security services, typically involving annual or multi-year contracts. This structure ensures predictable revenue streams as clients pay recurring fees based on data volume and selected security services.
The company’s offerings may include advanced data encryption and tiered cloud storage plans, designed to meet diverse client needs. Following its acquisition on September 22, 2021, Cavern Technologies will leverage its partnership with LightEdge Solutions, Inc. to enhance its operational footprint in Kansas City and throughout the US. The collaboration aims to support the introduction of new products and services tailored to market demands, with specific details on upcoming launches yet to be announced.
Current Investors
LightEdge Solutions, Inc.
Primary Industry
IT Infrastructure
Sub Industries
Data Centers, IT Infrastructure
Website
www.caverntechnologies.com
Verticals
Big Data
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Cavern Technologies, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Cavern Technologies, Inc. | - |
Displaying 1 - 1 of 1
Cavern Technologies, Inc. - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.