RiverMeadow Software, Inc.

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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 A standout feature is their OS modernization capability, allowing organizations to transition from outdated systems, such as Windows Server 2012 and 2012 R2, to more current versions seamlessly.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

Storage Management Software, Systems Management Software

Website

www.rivermeadow.com

Verticals

Cloud Computing

Company Stage

Series B

Total Amount Raised

Subscriber access only

RiverMeadow Software, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified RoundCompletedRiverMeadow Software, Inc.-
Series BCompletedRiverMeadow Software, Inc.-
Series BCompletedRiverMeadow Software, Inc.-
Unspecified RoundCompletedRiverMeadow Software, Inc.-
Series ACompletedRiverMeadow Software, Inc.-

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RiverMeadow Software, Inc. - employee data

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