Topio
Company

Last deal

$8M

Amount

Series D

Stage

30.06.2006

Date

3

all rounds

$26M

Total amount

Financing round

General

About Company
Topio develops enterprise-class software for data replication, rapid recovery, and data migration platforms for companies.

Related to

NetApp

NetApp

NetApp creates storage and data management solutions to help customers achieve business breakthroughs and cost efficiency.

Sector

Industrial Support Services

Subsector

Professional Business Support Services

Location

Sunnyvale, CA, USA

total rounds

1

count Of Investments

8

count Of Exists

5

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2001

founders

Number of employees

Company Type

For Profit

Last funding type

Series D

IPO status

Private

Description

The company provides disaster recovery, backup consolidation, and data migration services through its Topio Data Protection Suite, which enables continuous data sharing across various locations, platforms, and storage. Topio's solutions are trusted by companies of all sizes worldwide and are brought to market through a network of global partners.
Contacts

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

NetApp

announced date

08.11.2006

price

$160M

Financials

Funding Rounds
4
3

Number of Funding Rounds

$26M

Money Raised

Their latest funding was raised on 30.06.2006. Their latest investor Sequoia Capital Israel. Their latest round Series D

Date 
Funding Round 
Investors 
Money Raised 
Lead 
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Co-Investors
Investors
3
3

Number of lead investors

3

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Series B, Series C, Series D
Yes
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Pete Solvik

Pete Solvik

Pete is Managing Director & co-founder at San Francisco-based Jackson Square Ventures. He also is Managing Director of Sigma Partners. He is responsible for JSV & Sigma Partner's investments in DocuSign - board member since 2006, Chair Nom/Gov Committee, led Series A & serves on the board of Seismic Software, is director & Series A or B lead investor in Mynd, Tala Security, Winmore, MagicBook.ai & Figg, & former investor & board member at Centrify (acquired by Thoma Bravo), Topio (acquired by NetApp), KACE (acquired by Dell), Digital Fuel (acquired by VMWare), & Encover (acquired by SYNNEX). He is on the Board & served as Chair, 2014-18 of the animal conservation nonprofit WildAid. Prior to JSV & Sigma, Pete was senior vp & Chief Information Officer of Cisco Systems w/ worldwide responsibility for information technology, internet initiatives & productivity strategy. He managed IT @Cisco for 10 yrs during the company's rapid growth from $300 million to over $25 billion in annual sales, & formed Cisco's Internet Business Solutions Group vertical industry marketing organization. He has been a Board Director of over 20 private & public companies, and has chaired Audit, Compensation, & Nominating/Governance committees. A graduate of the University of Illinois, Pete lives in San Francisco with his wife.

current job

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count Of Exists

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People

Founders
1
Yoram Novick
Yoram Novick

Yoram Novick

With a proven track record of building successful startups, and deep expertise in enterprise systems, storage and software, Yoram drives Maxta’s vision and strategy. Prior to founding Maxta, he founded Topio, known for its data replication and recovery prowess, and led the company as its CEO from inception until it was acquired by NetApp. Following the Topio acquisition, he served as Vice President and General Manager of NetApp’s Data Replication Business Unit. Prior to Topio, Yoram spent 13 years at IBM in storage research and development capacities. He holds 25 patents in the systems and storage domains and sits on several boards of directors, guiding other entrepreneurial tech companies along their own paths to market success. He holds a bachelor’s and a master’s degree in computer science from Ben-Gurion University of the Negev, both Summa Cum Laude.

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organization founded

2

Yoram Novick

Employee Profiles
3
Yoram Novick

Yoram Novick

Founder & CEO

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Recent News
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