Overview

Hitachi Vantara specializes in data management and analytics solutions for businesses. It provides products like Block Storage, which helps companies manage large volumes of data efficiently, and Object Storage, offering scalable and secure data storage options. Additionally, Hitachi Vantara offers AI Operations Management (AIOps) services that use artificial intelligence to automate IT operations and enhance security. The company primarily targets large enterprises and operates on a business-to-business (B2B) model, generating revenue through software, hardware sales, and subscription services for cloud storage. What sets Hitachi Vantara apart from competitors is its strategic partnerships with major cloud providers like Microsoft and AWS, allowing it to deliver tailored solutions that meet specific client needs. The company's goal is to help businesses optimize their data infrastructure and achieve operational resilience.

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Simplify's Take

What believers are saying

• Growing demand for hybrid cloud solutions boosts Hitachi Vantara's market potential.
• AI-driven data management solutions are increasingly sought after by enterprises.
• Expansion of cloud partnerships broadens client base and service reach.

What critics are saying

• Ransomware attack highlights potential vulnerabilities in cybersecurity measures.
• Pressure to demonstrate ROI from AI investments may impact funding.
• Nvidia's mini supercomputer poses a competitive threat in AI solutions.

What makes Hitachi Vantara unique

• Hitachi Vantara combines IT, OT, and domain expertise for unique data solutions.
• Strategic alliances with AWS and Microsoft enhance cloud service offerings.
• Recognized as a leader in primary storage by GigaOm Radar Report.

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Funding

Total Funding

$40.8M

Below

Industry Average

Funded Over

5 Rounds

$14,500,000

Series C

Oct 2018

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.

Series C Funding Comparison

Below Average

Industry standards

Ind Avg. $50M

$14.5M

$16M

$40M

$50M

$62M

$100M

View all funding stages