Violin Memory, Inc.
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Violin Memory, Inc. - overview
Established
2005
Location
Santa Clara, CA, US
Primary Industry
Software
About
Violin Memory, Inc. specializes in high-performance data storage solutions that enhance data access and speed for enterprise applications. Founded in 2005 and headquartered in Santa Clara, US, Violin Memory, Inc. provides data storage solutions aimed at improving performance in enterprise applications.
The company raised USD 162. 00 mn from its IPO in September 2013 by selling 18 million shares at USD 9. 00 per share. Ebrahim Abbasi serves as the CEO.
In December 2016, Violin Memory, Inc. filed for bankruptcy protection and was subsequently acquired by Soros Fund Management as part of its restructuring process. Violin Memory, Inc. offers advanced data storage solutions that focus on performance and speed for enterprise applications.
Their products include flash memory storage systems designed to enhance data access times, ensuring that businesses can operate efficiently, even under heavy data loads. In 2016, Violin Memory, Inc. reported revenue of USD 50. 87 mn and an EBITDA of USD -83.
53 mn. Violin Memory, Inc. aims to leverage its recent funding to enhance its product line with new high-performance storage solutions. The company plans to expand into new geographical markets, targeting Asia and Europe by 2025.
Funding from its latest round will be directed towards research and development to innovate and improve its existing product offerings, as well as support marketing initiatives to drive growth in these new regions.
Current Investors
Toshiba Corporation, Juniper Ventures, Highland Capital Partners
Primary Industry
Software
Sub Industries
Storage, Web Applications, Analytics & Performance Software, Storage Management Software
Website
www.violin-memory.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Violin Memory, Inc. - financials
| Fiscal Year Ended | Jan 31, 2014 | Jan 31, 2015 | Jan 31, 2016 |
|---|---|---|---|
| Revenue (USD) | - | - | - |
| % Revenue Growth (YoY) | - | - | - |
| EBITDA (USD) | - | - | - |
| Operating Income (USD) | - | - | - |
| Operating Margin | - | - | - |
| % EBITDA Margin | - | - | - |
| NET Income (USD) | - | - | - |
| % Net Margin | - | - | - |
Violin Memory, Inc. - employee data
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