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COMPANY PROFILE

VMware

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Cloud and virtualisation software

Palo Alto, United StatesFounded 1998Cybersecurity
Valuation $66B Market cap · 2023
Revenue $15B Latest reported FY
EBITDA $3.27B Latest reported FY
Total funding $100–500M Disclosed equity funding

About VMware

VMware, accessible at vmware.com, is a prominent player in the cloud computing and virtualization technology market. The company specializes in providing software solutions that enable businesses to build, run, manage, connect, and protect applications across various cloud environments. VMware's offerings are designed to help organizations transition smoothly from traditional data centers to cloud-based infrastructures.

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VMware serves a diverse range of clients, including large enterprises, small and medium-sized businesses, and government agencies. These clients span multiple industries such as finance, healthcare, retail, and telecommunications. The company's solutions are particularly valuable for businesses looking to modernize their IT infrastructure, enhance security, and improve operational efficiency.

Operating in the global cloud computing and virtualization market, VMware's business model revolves around selling software licenses, subscriptions, and support services. The company generates revenue through the sale of its various product suites, including vSphere for server virtualization, vSAN for storage virtualization, and NSX for network virtualization. Additionally, VMware offers cloud management tools like vRealize Suite and security solutions such as VMware Carbon Black.

VMware's cloud solutions are designed to be flexible and scalable, allowing businesses to match the needs of their applications to the optimal environment. This includes seamless migration from on-premises data centers to cloud environments, whether public, private, or hybrid clouds. The company also provides hyperconverged infrastructure solutions, which integrate compute, storage, and networking into a single system, simplifying management and reducing costs.

In summary, VMware is a key player in the cloud computing and virtualization space, offering a wide range of solutions that help businesses modernize their IT infrastructure, improve security, and enhance operational efficiency.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1998
Headquarters
Palo Alto, United States
Listing
IPO 2004
Employees
11,230
Open positions
2
Dealroom signal
63.0/100
Industry
Security
Sector
Testing, Verification, Virtualization, Cloud Computing, Developer Tools, Cloud Services, Spinout, Cybersecurity, Became $1B as Subsidiary, Data Centers, Became Thoroughbred as Subsidiary
Business model
SaaS
Client focus
b2b
Investment activity
74 companies, latest Nov 2022
Capital deployed
$2.1B
Preferred round
ACQUISITION

Latest news

Press, funding announcements and product moves mentioning VMware.

See all news

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing Oct 2023 $305K Foundations Investment Advisors
POST IPO EQUITYOther financing Sep 2023 $0 Atria Wealth Solutions
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMargin
2026 $15B 0% $3.3B 22.4%
2025 $15B +4.9% $3.3B 22.4%
2024 $14B +4.1% $3.3B 23.5%
2023 $13B +3.9% $3.3B 24.5%
2022 $13B +9.2% $3.4B 26.8%
2021 $12B +8.8% $3.6B 31%
2020 $11B $2.5B 22.9%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

VMware website traffic

Latest recorded traffic for VMware is 1.6M monthly website visits, down 5.9% over the last three months.

Latest monthly visits1.6M 3-month web change-5.9%
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.

Ananda NetworksSan Francisco, United StatesAnanda Networks - Experience Network Bliss $8Mvaluation CertoraHampton, United StatesProvides unique technology for guaranteeing code correctness and security $144Mvaluation TralaChicago, United StatesOnline music school that offers personalized lessons for various instruments, including violin, viola, cello, voice, piano, guitar, and clarinet $32Mvaluation Mesh7Sunnyvale, United StatesMesh7 - Cloud Native Application Security Mesh $600Mvaluation Mode.netSan Francisco, United StatesPioneer of autonomous control $64Mvaluation SaltStackSalt Lake City, United StatesSaltStack intelligent automation delivers , event-driven security, cloud and configuration management for the complexity and scale of a software-defined world $62Mvaluation DatriumSunnyvale, United StatesOpen convergence for private clouds $220Mvaluation Digital AssetNew York City, United StatesBuilding the platform, developer tools and leveraging the best modern infrastructure providers to change how businesses interact $101Mvaluation OctarinePalo Alto, United StatesOctarine keeps business and data secure, as users move to cloud-native apps to improve the availability, continuity and scalability of their operations $22Mvaluation Nyansa, Inc.Palo Alto, United StatesNyansa: Rethinking Performance for the Mobile Cloud Era $60Mvaluation IntrinsicSan Francisco, United States PivotalSan Francisco, United StatesProvides digital transformation technology and services $2.7Bvaluation

Investors

15 investors on the cap table

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

Series B and later9 investors entered at this stage

  • Goldman Sachs
  • Dell
  • Azure Capital Partners
  • Chase H&Q
  • Veritas Software
  • Intel Corporation
  • Cisco
  • Atria Wealth Solutions
  • Foundations Investment Advisors

Other known investors6 additional known investors

  • EMC
  • Brigham and Women's Hospital
  • Broadcom
  • Dell Technologies Capital
  • Harvard University
  • MESH Incubator | Mass General Brigham
Team profiled 1,604 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 15 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
91 countries with
team presence
🇺🇸 United States32.1%
🇮🇳 India30%
🇨🇳 China7.7%
🇧🇬 Bulgaria4.3%
🇮🇪 Ireland3%
Top 5 of 91 shown

Market sentiment

Posts on X, past 7 days

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