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Seagate Technology
A global leader for over 40 years, Seagate Technology crafts precision-engineered data storage and management solutions
About Seagate Technology
Seagate Technology is a global leader in data storage solutions, providing innovative products and services that help businesses and consumers store and manage their data efficiently. The company offers a comprehensive range of storage devices, including hard drives, solid-state drives, and external drives, catering to various needs from personal use to enterprise-level applications. Seagate's cloud storage services, such as Lyve Cloud, offer cost-effective and scalable solutions designed for multicloud environments, making it easier for organizations to manage large volumes of data.
Seagate operates in the data storage and management market, serving a diverse clientele that includes individual consumers, small and medium-sized businesses, and large enterprises. The company's business model revolves around the sale of storage hardware and subscription-based cloud services. Revenue is generated through the direct sale of storage devices and recurring income from cloud storage subscriptions.
Seagate's market leadership is underscored by its extensive history, having shipped over 3 zettabytes of data storage solutions in its 40-year history. The company's products are engineered for scalability, reliability, and efficiency, making them a preferred choice for data-intensive applications such as gaming, media and entertainment, and enterprise data management.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 1979
- Headquarters
- Fremont, United States
- Listing
- IPO 2002
- Employees
- 16,807
- Open positions
- 167
- Dealroom signal
- 71.8/100
- Industry
- Semiconductors
- Sector
- Semiconductors, Network Management, Cloud Storage, Network Security, Data Storage, Memory and Storage, Horizon Europe, DT and LS
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Investment activity
- 13 companies, latest Feb 2025
- Capital deployed
- $232M
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| POST IPO DEBT✓Debt | Nov 2025 | $0 | — | Undisclosed | ↗ |
| POST IPO DEBT✓Debt | May 2025 | $400M | — | Undisclosed | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Seagate Technology is 3.1M monthly website visits, up 0% over the last three months. Seagate Technology's team grew 5% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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VS
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
ValueAct Capital
Other known investors3 additional known investors
August Capital- DADraper Athena
TPG
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Seagate Technology 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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