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Cassatt

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Software solutions and technologies for operating green data centers

San Jose, United StatesFounded 2003Energy
Valuation $50–100M Last recorded · 2006
Total funding $10–50M Disclosed equity funding
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About Cassatt

Cassatt Corporation, founded in 2003 by Bill Coleman, emerged as a player in the data center automation software space. Coleman, a co-founder of BEA Systems, established Cassatt to address the growing complexities of managing large-scale server environments. The company's vision was to enable enterprises to manage their data centers with the efficiency of a compute utility, a precursor to modern cloud computing architecture.

The firm was headquartered in San Jose, California, and successfully attracted significant investment, raising a total of $15 million over two funding rounds, including a Series D round in March 2006. Key investors included notable firms like Warburg Pincus, New Enterprise Associates, and In-Q-Tel. Cassatt's core product was the Collage software suite, which was designed to automate the management of large collections of x86 servers running Linux or Windows. Collage aimed to break the rigid connection between software and the specific servers they ran on through virtualization, allowing for more fluid and adaptable data center operations. This enabled features like moving jobs between servers in case of failure and managing virtual machine sprawl. The pricing for its core software started at $100,000 to manage 40 servers.

Despite its early promise and having raised nearly $100 million in venture funding throughout its existence, Cassatt faced challenges in market penetration against larger, established vendors like CA, BMC, HP, and IBM. In June 2009, after facing imminent collapse, the company's key assets, intellectual property, and engineering talent were acquired by CA, Inc. (now a Broadcom company). The terms of the acquisition were not disclosed. Several key Cassatt personnel, including co-founder and Chief Scientist Steve Oberlin, and CTO Rob Gingell, transitioned to CA as part of the deal, which was intended to bolster CA's capabilities in cloud computing and business-driven automation.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2003
Headquarters
San Jose, United States
Open positions
None listed
Dealroom signal
18.7/100
Industry
Energy
Sector
Energy, Data Centers, Hard Tech
Client focus
b2b
Links
Website

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jun 2009 $0 — CA Technologies —
SERIES D✓Equity / VC Mar 2006 $15M $60M Warburg Pincus · NEA —
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Growth signals

Cassatt website traffic

Latest recorded traffic for Cassatt is 240 monthly website visits.

Latest monthly visits240
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series B and later1 investor entered at this stage

Other known investors2 additional known investors

Team profiled 2 named & role-tagged
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Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Jose HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cassatt on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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