Top 8 Data Storage Unicorns in 2024

Updated:

January 22, 2024

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Unicorns

Have you ever wondered which private companies in the Data Storage industry have the highest valuations?

You’re not alone.

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There are lots of unicorn companies in this space, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 8 Data Storage unicorn startups, from highest to lowest valuation.

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8 Data Storage Unicorns Companies

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1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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1) VAST Data

VAST Data is revolutionizing the storage tiering space with a platform that allows enterprises to easily scale flash in the datacenter.

Details of the startup:

  • Valuation: $3.70B (April 2020)

  • Country: United States

  • State: New York

  • City: New York

  • Started in: 2016

  • Founders: Jeff Denworth, Renen Hallak, Shachar Fienblit

  • Number of employees: 250-500

  • Funding: $263.00M

  • Funding rounds: 6

  • Number of investors: 12

You can find their website here.

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2) Cohesity

Cohesity is a data platform to deliver hyperconverged secondary storage technology purpose-built for backup, test/dev, file services and analytics.

Details of the startup:

  • Valuation: $3.70B (June 2018)

  • Country: United States

  • State: California

  • City: San Jose

  • Started in: 2013

  • Founders: Mohit Aron

  • Number of employees: 1,000-5,000

  • Funding: $692.00M

  • Funding rounds: 6

  • Number of investors: 25

You can find their website here.

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3) OwnBackup

OwnBackup is a cloud data protection and backup system for companies using Salesforce. It offers you secure data storage, data recovery services, and security breach prevention tools.

Details of the startup:

  • Valuation: $3.35B (January 2021)

  • Country: United States

  • State: New Jersey

  • City: Englewood Cliffs

  • Started in: 2015

  • Founders: Ariel Berkman, Daniel Gershuni, Eran Cohen, Ori Yankelev, Sam Gutmann

  • Number of employees: 250-500

  • Funding: $507.25M

  • Funding rounds: 8

  • Number of investors: 14

You can find their website here.

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4) Blockstream

Blockstream is one of the global leaders in Bitcoin and blockchain technology. Their products form the foundations of the future economy.

Details of the startup:

  • Valuation: $3.20B (August 2021)

  • Country: Canada

  • State: British Columbia

  • City: Vancouver

  • Started in: 2014

  • Founders: Alex Fowler, Erik Svenson, Gregory Maxwell, Jonathan Wilkins, Jorge Timón, Mark Friedenbach, Matt Corallo, Pieter Wuille

  • Number of employees: 100-250

  • Funding: $311.00M

  • Funding rounds: 6

  • Number of investors: 29

You can find their website here.

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5) Druva

Druva’s data management solution delivers flexible, scalable and affordable enterprise data protection. It provides an intelligent layer that resides between user devices and a company's IT estate, safeguarding it against threats.

Details of the startup:

  • Valuation: $2.00B (June 2019)

  • Country: United States

  • State: California

  • City: Sunnyvale

  • Started in: 2007

  • Founders: Jaspreet Singh, Milind Borate, Ramani Kothandaraman

  • Number of employees: 500-1,000

  • Funding: $475.00M

  • Funding rounds: 12

  • Number of investors: 17

You can find their website here.

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6) Infinidat

Infinidat is the first fully integrated, multi-platform, enterprise-class data storage software platform designed from scratch for cloud and hybrid cloud environments.

Details of the startup:

  • Valuation: $1.60B (April 2015)

  • Country: United States

  • State: Massachusetts

  • City: Waltham

  • Started in: 2011

  • Founders: Moshe Yanai

  • Number of employees: 250-500

  • Funding: $325.00M

  • Funding rounds: 5

  • Number of investors: 8

You can find their website here.

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7) Qumulo

Qumulo is the first and only distributed file platform that enables enterprises to store and manage all their file data -- regardless of where it resides -- in one place, with confidence.

Details of the startup:

  • Valuation: $1.20B (July 2020)

  • Country: United States

  • State: Washington

  • City: Seattle

  • Started in: 2012

  • Founders: Aaron Passey, Neal Fachan, Peter Godman

  • Number of employees: 250-500

  • Funding: $345.50M

  • Funding rounds: 7

  • Number of investors: 13

You can find their website here.

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8) OVH

OVH offers industry-leading web, dedicated server, and cloud hosting solutions. Their commitment to excellence has earned them a five-star rating from CNET and consistently high rankings from MSPmentor, the web hosting industry’s leading magazine.

Details of the startup:

  • Valuation: $1.10B (August 2016)

  • Country: France

  • City: Roubaix

  • Started in: 1999

  • Founders: Octave Klaba

  • Number of employees: 1,000-5,000

  • Funding: $1,243.49M

  • Funding rounds: 2

  • Number of investors: 5

You can find their website here.

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