RackTop Systems raises $15 mln

Funding Rounds

Summary

RackTop’s technology has been deployed worldwide to manage more than 50 petabytes of customer data in a variety of industries including: the public sector; media, advertising and entertainment; financial services; health care; and life sciences. The NAS market is expected to be worth $45.21 billion by 2023, growing at a compound annual growth rate (CAGR) of 20.1 percent from 2017 to 2023, according to MarketsandMarkets. “We invest in great management teams with differentiated products that solve large, difficult problems across both national security and the commercial enterprise markets. Headquartered in Fulton, Md., RackTop was founded in 2010 by veterans of the U.S. intelligence community who have been solving the most complex data and security problems for more than two decades. RackTop’s technology has been deployed at numerous organizations in a variety of industries worldwide, including government/DoD/public sector, media/advertising and entertainment, financial services, health care, higher education and life sciences.

$ Funding

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Amount $15.0M Total raised
Date March 4, 2019 Announcement date
Investors - Lead investors
Company http://www.racktopsystems.com Funded company

Classifications

industries
No industries detected
applications
Data Management

AskAI Classifications

Labels
Cybersecurity Data Storage Software Enterprise Software

Linked Companies

RackTop Systems
$1M to $5M