What is RackWare?
RackWare provides an intelligent, highly automated Hybrid Cloud Management Platform that bridges the gap between disparate IT environments. By enabling seamless mobility and scalability, the company empowers enterprise IT users to achieve greater flexibility while simultaneously reducing operational overhead. The platform supports a comprehensive suite of services, including disaster recovery, backup, and cloud replication, which are critical for modern organizations managing complex digital architectures.
The company's value proposition is rooted in its ability to drive significant cost efficiencies, often yielding savings of 40 to 50 percent for its clients. With a global footprint and a client base that includes Fortune 500 companies and large public agencies, RackWare has established itself as a critical infrastructure partner. Its development and support teams, strategically located in Silicon Valley, Salt Lake City, and Pune, ensure that the company remains at the forefront of cloud innovation and enterprise-grade service delivery.
How much funding has RackWare raised?
RackWare has raised a total of $19.9M across 7 funding rounds:
Private Equity
$1.8M
Series A
$3M
Private Equity
$2.3M
Debt
$1.7M
Series B
$10M
Debt
$350K
Debt
$735K
Private Equity (2013): $1.8M, investors not publicly disclosed
Series A (2013): $3M led by Osage Venture Partners and Kickstart Seed Fund
Private Equity (2014): $2.3M supported by Kickstart Seed Fund and Osage Venture Partners
Debt (2015): $1.7M featuring Kickstart Seed Fund and Osage Venture Partners
Series B (2016): $10M backed by vSpring Capital, Kickstart Seed Fund, and Osage Venture Partners
Debt (2020): $350K with participation from PPP
Debt (2021): $735K led by PPP
Key Investors in RackWare
Kickstart Seed Fund
A venture capital firm based in Salt Lake City and Denver, specializing in pre-seed and seed funding for startups in the Mountain West region with a focus on B2B SaaS and fintech.
Osage Venture Partners
A Philadelphia-based venture capital firm that specializes in investing in early-stage B2B software companies on the East Coast, focusing on the future of work and education.
vSpring Capital
An investment firm focused on backing early-stage SaaS and technology breakthroughs, dedicated to supporting innovative startups in the tech sector.
What's next for RackWare?
Looking ahead, the recent strategic investment will likely be deployed to accelerate product development and expand the company's reach within the competitive cloud management landscape. As enterprises continue to prioritize digital transformation and hybrid cloud adoption, RackWare's focus on automation and cost-optimization positions it to capture additional market share. The company is expected to leverage this capital to refine its disaster recovery capabilities and enhance its cloud migration tools, ensuring that it remains a preferred partner for large-scale IT providers seeking to maximize performance and availability in an increasingly volatile digital economy.
See full RackWare company page
