Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Coraid

Explore full profile

Storage solutions for cloud service providers and enterprises

Redwood City, United StatesFounded 2000Energy
Valuation $100–250M Last recorded · 2013
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Coraid and the history behind them.

About Coraid

Coraid is a technology company specializing in innovative storage solutions for businesses. Their flagship product, the Coraid EtherDrive SAN (Storage Area Network), offers a cost-effective and scalable storage system that mimics the flexibility of cloud storage without the unpredictable monthly fees. Instead, clients pay a fixed upfront cost, making budgeting more straightforward and economical.

Coraid's EtherDrive SAN can expand indefinitely by adding more EtherDrive Media Arrays, each capable of housing between sixteen to thirty-six drive bays. This allows businesses to scale their storage needs seamlessly as they grow. The most cost-efficient model, the SRX3641, provides high performance with the ability to handle over 500,000 I/O operations per second and throughput between four 10GbE ports.

The company primarily serves IT professionals and businesses that require robust, scalable, and cost-effective storage solutions. These clients span various industries, including technology, finance, healthcare, and more. Coraid operates in the enterprise storage market, competing with other storage solution providers but differentiating itself through its unique pricing model and scalability.

Coraid's business model revolves around selling hardware (EtherDrive Media Arrays) and providing ongoing support and services. By offering a fixed-cost solution, Coraid ensures predictable expenses for its clients, which is a significant advantage over traditional cloud storage services that charge based on usage.

The company was founded by Brantley Coile, a seasoned programmer who has been in the industry since the 1970s. The Coraid team comprises skilled coders and creatives dedicated to simplifying complex storage challenges for IT professionals, making their lives easier and more efficient.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2000
Headquarters
Redwood City, United States
Employees
8
Open positions
None listed
Dealroom signal
58.4/100
Industry
Energy
Sector
Energy, Cloud Storage, Architecture, Hard Tech
Client focus
b2b
Investment activity
1 company, latest Oct 2011
Capital deployed
—
Preferred round
ACQUISITION

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Aug 2016 $0 — South Suite Software —
SERIES COther financing Dec 2013 $29M $117M AllegisCyber Capital —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Coraid website traffic

Latest recorded traffic for Coraid is 2.1K monthly website visits, up 90.9% over the last three months. Coraid's team grew 0% over the past year.

Latest monthly visits2.1K 3-month web change+90.9% 1-year team growth0%
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

5 investors on the cap table

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

Series A3 investors entered at this stage

Series B and later1 investor entered at this stage

Other known investors1 additional known investor

  • South Suite Software
Team profiled 23 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
2 countries with
team presence
🇺🇸 United States50%
🇬🇧 United Kingdom50%
2 countries shown

Market sentiment

Posts on X, past 7 days

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

See Coraid’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.