RiverMeadow Software, 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.
RiverMeadow Software, Inc. - overview
Established
2009
Location
Los Gatos, CA-California, US
Primary Industry
Software
About
RiverMeadow Software, Inc. provides innovative solutions for workload mobility and cloud transformation, specializing in the modernization, optimization, and protection of IT workloads across diverse environments. Founded in 2009, RiverMeadow Software, Inc. is headquartered in Los Gatos, US, focusing on cloud migration solutions.
The company successfully raised USD 9. 70 mn in its Series B funding round in August 2019, which marked a significant milestone in its investment journey. The CEO, Jim Jordan, leads the organization, which has engaged in a total of 6 deals since inception. RiverMeadow Software, Inc.
specializes in workload mobility and cloud transformation solutions, providing a market-leading platform designed to facilitate the lift, optimization, and protection of workloads across multiple environments. Their core offerings include workload modernization, workload optimization, and disaster recovery, addressing challenges related to legacy operating systems while enhancing cloud migration processes. A standout feature is their OS modernization capability, allowing organizations to transition from outdated systems, such as Windows Server 2012 and 2012 R2, to more current versions seamlessly. RiverMeadow caters to a wide array of clients, including notable global brands in technology, finance, and healthcare, with a presence in markets like the USA, Canada, Mexico, the UK, Sweden, India, and Armenia.
RiverMeadow Software operates on a subscription-based revenue model, allowing clients to utilize their comprehensive workload mobility platform. Transactions are primarily executed through direct B2B relationships, where enterprises procure tailored cloud migration and disaster recovery solutions. Their pricing structure accommodates individual subscriptions for services including workload migration, OS modernization, and disaster recovery, enabling clients to select offerings that meet their specific operational needs. Through this structure, RiverMeadow aims to deliver value by facilitating smooth migrations and reinforcing security measures, establishing itself as a reliable partner for organizations navigating cloud transformation and compliance with dynamic industry standards.
Looking ahead, RiverMeadow Software aims to enhance its product lineup, focusing on upcoming releases that are designed to further streamline workload mobility solutions. The company plans to expand its footprint into additional markets, particularly targeting regions in Europe and Asia by 2023. The recent funding of USD 9. 70 mn raised from CloudScale Capital Partners in August 2019 will be allocated towards supporting these growth initiatives, enabling RiverMeadow to innovate and expand its service offerings in alignment with evolving customer needs.
Current Investors
CloudScale Capital Partners, Cisco Systems, Violin Memory, Inc.
Primary Industry
Software
Sub Industries
Systems Management Software, Storage Management Software
Website
www.rivermeadow.com
Verticals
Cloud Computing
Company Stage
Series B
Total Amount Raised
Subscriber access only
RiverMeadow Software, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | RiverMeadow Software, Inc. | - | ||||||||
| Series B | Completed | RiverMeadow Software, Inc. | - | ||||||||
| Series B | Completed | RiverMeadow Software, Inc. | - | ||||||||
| Unspecified Round | Completed | RiverMeadow Software, Inc. | - | ||||||||
| Series A | Completed | RiverMeadow Software, Inc. | - |
Displaying 1 - 5 of 6
RiverMeadow Software, 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.