What is Qualstar?
Qualstar Corporation is a global entity engaged in the design, development, manufacturing, and sales of power supplies under the N2Power brand and data storage systems marketed as Qualstar. Its power supply solutions are integral to a wide array of electronic equipment, including telecommunications devices, machine tools, and networking hardware. Concurrently, the company provides advanced automated magnetic tape libraries, essential for data storage, retrieval, and management, catering to organizations requiring robust backup, recovery, and archival solutions. These tape libraries integrate tape drives, cartridges, and sophisticated robotics for efficient data handling. Qualstar serves a diverse clientele, including original equipment manufacturers (OEMs), IT departments, and small to medium-sized businesses, leveraging a network of distributors and sales representatives.
How much funding has Qualstar raised?
Qualstar has raised a total of $17.6M across 2 funding rounds:
Stock Offering
$17.5M
Debt
$150K
Stock Issuance/Offering (2000): $17.5M, investors not publicly disclosed
Debt (2020): $150K led by PPP
Key Investors in Qualstar
PPP
Public-Private Partnership
What's next for Qualstar?
The recent major strategic investment signals a pivotal phase for Qualstar, likely aimed at accelerating product development, expanding market reach for its N2Power brand, and enhancing its data storage solutions. This financing suggests a focus on scaling operations and potentially exploring new technological frontiers in power management and data archiving. The company's trajectory indicates a commitment to innovation and strengthening its competitive position within the enterprise technology landscape.
See full Qualstar company page
