Spectra Logic Europe Limited

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Spectra Logic Europe Limited - overview

Established

1979

Location

Bracknell, -, UK

Primary Industry

Hardware

About

Spectra Logic Europe Limited provides scalable and cost-effective data storage solutions designed to integrate seamlessly with diverse workflows, enhancing data management across industries such as media, life sciences, and high-performance computing. Spectra Logic Europe Limited focuses on innovative data storage solutions, established in 1979. The company has expanded its product offerings over the years to include advanced tape storage and cloud-based data management solutions. Based in Boulder, Colorado, Spectra Logic operates globally with offices in North America, Europe, and Asia-Pacific.


The company was founded by a team of individuals with extensive experience in data technology, although specific details on prior ventures are not available. Recent funding rounds have supported the development of their products and market strategies, focusing on B2B engagements. Spectra Logic specializes in scalable, cost-effective, and resilient data storage solutions designed to integrate seamlessly into various workflows, both on-premises and in cloud environments. The company offers a comprehensive range of products, including data management software, cloud and tape-extensible disk storage systems, and advanced tape storage solutions.


Key products include Spectra Vail® for multi-cloud object management, StorCycle® for automated digital preservation, and BlackPearl® for cloud and tape storage, addressing critical use cases such as data protection and long-term archiving. Their customer base spans industries like high-performance computing, media and entertainment, and life sciences, with a focus on providing solutions to universities and research institutions globally. Spectra Logic generates revenue through a combination of direct sales and subscription-based models for its data protection solutions and services. Their transactions typically occur on a B2B basis, where clients, including small enterprises and large institutions, engage in purchasing agreements for data management products.


The company structures transactions to include one-time hardware purchases alongside recurring fees for software licenses and cloud services, allowing customers to implement comprehensive data management strategies. Specific pricing plans cater to varying needs, reflecting the scale and complexity of solutions deployed, particularly for their trademarked products like BlackPearl® and StorCycle®. Currently, Spectra Logic is focused on developing new products aimed at enhancing data management capabilities, with specific launch dates not disclosed. The company aims to expand its presence in emerging markets across Europe and Asia-Pacific by the end of the next fiscal year.


Recent funding will be utilized to support the enhancement of existing product lines and to invest in marketing strategies that target these new geographic regions.


Primary Industry

Hardware

Sub Industries

Computer & Related Peripherals, Hardware

Website

www.spectralogic.com

Total Amount Raised

Subscriber access only

Spectra Logic Europe Limited - timeline of key events

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Spectra Logic Europe Limited - financials

Fiscal Year EndedJun 30, 2018Jun 30, 2019Jun 30, 2020Jun 30, 2021Jun 30, 2022Jun 30, 2023
Revenue (USD)12,474,298.311,585,002.512,612,216.3---
% Revenue Growth (YoY)-(7.1%)8.9%---
EBITDA (USD)3,823,305.62,074,451.32,456,811.8---
Operating Income (USD)3,749,518.32,013,013.82,404,151.2---
Operating Margin30.1%17.4%19.1%---
% EBITDA Margin30.6%17.9%19.5%---
NET Income (USD)3,000,004.11,710,257.71,938,373.8---
% Net Margin24.0%14.8%15.4%---

Spectra Logic Europe Limited - employee data

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