3

3ware

Acquired

Enterprise-Class RAID Storage at Commodity Drive Costs

Sunnyvale, United States · Founded 1997 · $69.0M raised

Employees
51–200
Founded
1997
Business Model
B2B
Total Funding
$69.0M
Last Round
$26.0M Series DFeb 2003
Rounds
2
Acquisition Date
Mar 2004

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Founded in 1997 in Sunnyvale, California, 3ware pioneered the StorSwitch architecture for high-performance RAID storage controllers for servers and workstations. The company sold RAID solutions using ATA and SATA drives to VARs, OEMs, and system integrators. Applied Micro Circuits Corporation (AMCC) acquired 3ware in March 2004 for approximately $150 million; LSI Corporation subsequently acquired the 3ware RAID business from AMCC in April 2009.

Summary

3ware is a company based in Sunnyvale, United States, founded in 1997. It has raised $69.0M in total across 2 rounds, most recently a $26.0M Series D round in Feb 2003. Investors include Applied Micro Circuits Corporation, USVP and New Enterprise Associates.

Funding & Exit History

AcquisitionMar 2004

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Funding: Venture Round through Series D. Amounts, valuations, and investors where available.

Investors

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