Overview

Hitachi Vantara specializes in data management and analytics solutions for businesses, particularly in sectors like banking, finance, healthcare, and manufacturing. The company offers products such as Block Storage, which helps consolidate and speed up data infrastructure, and Object Storage, which provides scalable and secure data storage options. Additionally, Hitachi Vantara provides AI Operations Management (AIOps) services that use artificial intelligence to automate IT operations and enhance security. This helps businesses improve their IT efficiency and protect their data. Unlike many competitors, Hitachi Vantara has formed strategic partnerships with major cloud service providers like Microsoft and Amazon Web Services, allowing them to offer customized cloud solutions that meet specific client needs. The company's goal is to help large enterprises optimize their data management and achieve operational resilience.

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