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Cloudistics

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Only platform that simplifies application and infrastructure management by unifying compute, storage & network virtualization

Reston, United StatesFounded 2013Hosting
Valuation $50–100M Last recorded · 2016
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Cloudistics and the history behind them.

About Cloudistics

Cloudistics operated as an on-premises cloud computing company, established in 2013 by a team that included serial entrepreneur Najaf Husain and technologist Dr. Srinidhi Varadarajan. Husain, the CEO, had a track record of building and selling technology firms, including AppAssure Software to Dell in 2012. Varadarajan, the CTO, brought deep experience from his time as an Associate Professor at Virginia Tech and as a founder of companies like AppAssure and Librato. The company was founded to address the complexity and cost of traditional virtualized infrastructure by delivering a public cloud experience within a customer's own data center.

The firm's core business was providing a composable, on-premises infrastructure for medium to large enterprises and service providers. Its business model centered on selling an integrated platform that combined hardware and software, simplifying IT operations and allowing clients to launch applications without managing the underlying infrastructure. This approach aimed to offer the simplicity of a public cloud with the security and control of a private cloud. Revenue was generated through the sale of these integrated systems and associated software services. The company's platform, named Ignite, was managed via a cloud-based SaaS portal, allowing for centralized control over compute, storage, and networking resources. This architecture was designed to be more affordable than public cloud alternatives for many workloads.

The Cloudistics platform aggregated compute, storage, and network resources into pools that could be used to provision independent virtual data centers. A key product was the Ignite Cloud Platform, which integrated hardware, virtualization, and management software into a single offering. This platform was designed for bare-metal performance and included features like automated management and software-defined resources. Cloudistics offered different editions of its platform, such as the Guardian Edition, which was optimized for highly regulated sectors like government and finance. In a significant strategic move, data center chip maker Fungible Inc. acquired the assets of Cloudistics in September 2020 to leverage its software for composing disaggregated data center resources. This acquisition integrated Cloudistics' software capabilities with Fungible's Data Processing Unit (DPU) technology. Subsequently, Microsoft acquired Fungible in January 2023 to enhance its own data center infrastructure.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2013
Headquarters
Reston, United States
Open positions
None listed
Dealroom signal
22.0/100
Industry
Hosting
Sector
Hosting, Cloud Computing, Openstack, Private Cloud, Data Centers
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Sep 2020 $0 — Fungible —
SERIES A✓Equity / VC Jun 2016 $15M $60M Bain Capital Ventures —
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Growth signals

Cloudistics website traffic

Latest recorded traffic for Cloudistics is 170 monthly website visits, up 13.3% over the last three months.

Latest monthly visits170 3-month web change+13.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

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

Investors

2 investors on the cap table

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

Series A1 investor entered at this stage

Other known investors1 additional known investor

  • Fungible
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
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 · Reston HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Cloudistics 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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