newScale
San Mateo, California, United States
Valuation
$13.8M
2020 Revenue
$4.6M
Customers
2M
Funding
$54.7M
Avg ACV
$2
Team
51
Founded
1999
How newScale CEO David Henderson grew to $4.6M revenue and 2M customers in 2020.
newScale - market leader in self-service, service catalog, & lifecycle management software for enterprise IT and private / hybrid cloud - is now part of Cisco.
Last updated
newScale Revenue
In 2020, newScale's revenue reached $4.6M. Since its launch in 1999, newScale has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2020 | newScale Hit $4.6m revenue in August 2020 | |
| 1999 | Launched with $0 revenue |
newScale Valuation, Funding Rounds
newScale's most recent disclosed valuation is $13.8M.
newScale has raised $54.7M in total funding across 5 rounds, most recently a $2.2M Venture Round round in 2009.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2009 | Venture Round | $2.2M | - | - | |
| 2007 | Series D | $11M | - | - | |
| 2005 | Series C | $15M | - | - | |
| 2002 | Series B | $14M | - | - | |
| 2001 | Series A | $12.5M | - | - |
Founder / CEO
David Henderson
David is a technology innovator, experienced business leader, and proven team builder. He has more than 30 years of experience in engineering, new product introduction, worldwide market development, and profitable business operations. David’s technical expertise is in mechanical and precision systems engineering. He has published or presentednumerous papers and holds several patents including the patent for the SQUIGGLE motor. Before founding New Scale in 2002, David was director of the positioning product division of Burleigh Instruments (now EXFO), where he achieved 300% revenue growth with 20% EBITA from 1994 to 2000. He has prior experience as a program manager and mechanical engineer with Contraves USA. David has a BS in Mechanical Engineering and MBA from Carnegie Mellon University. He serves as chairman of the New Scale Technology board of directors.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
newScale serves 2M customers.
newScale Employees & Team Size
newScale employs approximately 51 people as of 2026. It serves 2M customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2020 | Reached 51 employees (August 2020) |
Frequently Asked Questions about newScale
What is newScale's revenue?
newScale generates $4.6M in revenue.
Who founded newScale?
newScale was founded by David Henderson.
Who is the CEO of newScale?
The CEO of newScale is David Henderson.
How much funding does newScale have?
newScale raised $54.7M.
How many employees does newScale have?
newScale has 51 employees.
Where is newScale headquarters?
newScale is headquartered in San Mateo, California, United States.
Compare newScale to the industry
newScale operates across multiple industries. Browse revenue, funding, and growth data for newScale in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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