Quantum

About

Quantum develops data protection, retention, and management software systems for small and large enterprises.

San Jose,California,United States
1001 - 5000
http://www.quantum.com

Highlights

Details

Last Funding Type: Post-IPO Equity
Last Funding Money Raised: $67.50M
Industries: Enterprise Software,Information Services,Information Technology,Software
Founded date: Jan 1, 1980
Number Of Employee: 1001 - 5000
Operating Status: Active
Stock Symbol: otcpink:QMCO
Legal Name: Quantum Corporation

Quantum is a global specialist in backup, recovery, and archive. From small businesses to multinational enterprises, more than 50,000 customers trust Quantum to solve their data protection, retention, and management challenges. Quantum's best-of-breed, open systems solutions provide significant storage efficiencies and cost savings while minimizing risk and protecting prior investments. They include three market-leading, highly scalable platforms: DXiÂ®-Series disk-based deduplication and replication systems for fast backup and restore, ScalarÂ® tape automation products for disaster recovery and long-term data retention, and StorNextÂ® data management software for high-performance file sharing and archiving

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$71.10M

Quantum has raised a total of $71.10M in funding over 2 rounds. Their latest funding was raised on Apr 26, 2022 from a Post-IPO Equity round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Apr 26, 2022	Post-IPO Equity	$67.50M	4	—	—	Detail
Jun 17, 2011	Post-IPO Equity	$3.60M	—	—	—	Detail
Aug 6, 1999	IPO	—	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

3

0

Quantum has made 3 investments. Their most recent investment was on Dec 21, 2022, when Metriport raised $2.40M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Dec 21, 2022 Metriport	Seed	$2.40M	Developer Tools	—
Mar 7, 2018 TripActions	Series B	$51M	Business Travel	—
Aug 22, 2016 Proxy	Seed	$1.60M	Augmented Reality	—

Investors

Number of Lead Investors

Number of Investors

—

4

Quantum is funded by 4 investors. B. Riley Financial and BRC Partners Opportunity Fund are the most recent investors.

Investor Name	Lead Investor	Funding Round
B. Riley Financial	—	Post-IPO Equity
BRC Partners Opportunity Fund	—	Post-IPO Equity
BRF Investments	—	Post-IPO Equity
Neuberger Berman Group	—	Post-IPO Equity

Employee Profiles

Number of Employee Profiles

26

Quantum has 26 current employee profiles, including Employee N Venkatachari

Employee

Employee

Executive

Executive

Executive

Acquisition

Quantum has acquired 12 organizations. Their most recent acquisition was Atl Products on May 20, 1998. They acquired Atl Products for $300M.

Date Company Name	Industry	Acquisition Type	Price
May 20, 1998 Atl Products	Manufacturing	acquisition	$ 300M	Detail
May 11, 1999 Meridian Data	Data Visualization	acquisition	$ 85M	Detail
Feb 7, 2001 M4 Data	Consumer Electronics	acquisition	—	Detail
Sep 6, 2002 Benchmark Storage Innovations	Information Technology	acquisition	$ 50M	Detail
Oct 21, 2004 Certance	Manufacturing	acquisition	—	Detail