RackN, Inc.

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RackN, Inc. - overview

Established

2014

Location

Austin, TX, US

Primary Industry

Software

About

RackN, Inc. provides infrastructure automation solutions that allow organizations to manage their infrastructure as code (IaC), enhancing operational efficiency through streamlined automation processes and modular workflows. RackN, Inc. was founded in 2014 in Austin, US, by Greg Althaus and Rob Hirschfeld.


The company focuses on infrastructure automation and has raised a total of USD 0. 49 mn in venture funding, with the most recent round occurring on January 7, 2019. The CEO of the company is Rob Hirschfeld. The company does not have any subsidiaries or indications of changes in its business strategy.


RackN specializes in infrastructure automation solutions, focusing on enabling organizations to manage their infrastructure as code (IaC). Their primary product, Digital Rebar, offers a comprehensive platform for the provisioning, deployment, and management of various infrastructure types, including cloud, bare metal, and edge environments. The platform allows developers to provision infrastructure on demand with modular, customizable workflows adhering to corporate requirements. RackN's solutions serve a diverse clientele across various sectors including technology, finance, and telecommunications, primarily in North America and Europe.


RackN generates revenue through a subscription-based model for its Digital Rebar platform, providing customers with access to advanced automation tools and capabilities through long-term subscriptions. This model allows for seamless integration of the platform within existing IT infrastructures. RackN's focus on delivering robust automation solutions supports its revenue generation, catering to businesses of varying sizes with scalable pricing options. In the coming years, RackN plans to enhance its Digital Rebar platform and is exploring new product launches aimed at improving infrastructure management capabilities.


The company is also targeting expansion into European and Asian markets by 2022. The recent funding of USD 0. 49 mn will support these initiatives, helping to advance product development and market penetration strategies.


Current Investors

EVO Venture Partners, Juniper Ventures, SK Ventures

Primary Industry

Software

Sub Industries

IT Infrastructure, Systems Management Software, Analytics & Performance Software

Website

www.rackn.com

Verticals

Cloud Computing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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