Company profile: SoftIron
1.1 - Company Overview
Company description
- Provider of high-performing, scalable storage and data center solutions, including HyperDrive software-defined storage built on Ceph; Hypercast for real-time video streaming; HyperCloud, an on-premises private cloud with hardware, operating systems, virtualization, and orchestration; and VM Squared, a server virtualization platform intended as a replacement for VMware vSphere.
Products and services
- HyperDrive: Engineers a software-defined storage platform built on Ceph for data centers, delivering high-performing, scalable, flexible, reliable, and efficient enterprise data storage
- HyperCloud: Architects a private cloud system for on-premises environments, integrating hardware, operating systems, virtualization technologies, and cloud orchestration software
- VM Squared: Develops a server virtualization platform (vSphere-replacement), enhancing infrastructure utilization and facilitating transitions into private cloud environments
Key contacts
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Financial details
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1.2 - Competitors and similar companies to SoftIron
Pure Storage
HQ: United States
Website
- Description: Provider of all-flash enterprise storage solutions built to leverage flash memory, accelerating I/O‑intensive workloads such as virtualization, databases, analytics, and cloud computing. Offerings include FlashArray, FlashBlade for unstructured data and AI, Cloud Block Store, Portworx for Kubernetes data services, Pure Protect //DRaaS for VMware, and cloud solutions for hybrid/multi-cloud mobility.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Dot Hill
HQ: United States
Website
- Description: Provider of entry-level and midrange storage systems and enterprise server software for organizations requiring networked storage and data management solutions in open systems architecture. Solutions include integrated hardware, firmware, and software employing a modular system for storing, sharing, protecting, and managing data.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Backblaze
HQ: United States
Website
- Description: Provider of high-performance, secure cloud storage, including Backblaze B2 Cloud Storage with S3-compatible object storage, Event Notifications, Universal Data Migration, and an S3 compatible API, supporting AI training, AI/ML workflows, application hosting, media management, backups, and ransomware defense; plus Personal and Business Backup for computers and servers. B2 Overdrive provides a high-performance solution.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Cloudian
HQ: United States
Website
- Description: Provider of file and object storage solutions and hybrid cloud data management software, specializing in S3 object storage in the data center. Offers an infinitely scalable platform to consolidate, manage, and protect enterprise data, bringing cloud technology and economics to the data center.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Data Domain
HQ: United States
Website
- Description: Provider of disk-to-disk (D2D) and offsite disaster recovery (DR) solutions for businesses worldwide, delivering deduplication storage systems for disk backup, data archiving, network-efficient disaster recovery, and remote office data protection, along with software products such as replicators.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Data Domain company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for SoftIron
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to SoftIron
2.2 - Growth funds investing in similar companies to SoftIron
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4 - Top valuation comps for SoftIron
4.2 - Public trading comparable groups for SoftIron
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