Racktop Systems
2024 Revenue
$3.5M(Est.)
Funding
$15.8M
Team
59
Founded
2010
Racktop Systems Revenue & Funding (2024)
Racktop Systems generated an estimated $3.5M in annual revenue in 2024. Source: GetLatka estimate
Developer of a software-defined storage platform designed to solve the most difficult data and security problems. The company's platform fuses data storage with advanced security and compliance into a single platform with embedded access controls, encryption and compliance, enabling government and commercial organizations to protect data where it resides without the cost, complexity and security vulnerabilities of traditional bolt-on software systems.
Last updated
Racktop Systems Revenue
In 2024, Racktop Systems's revenue reached $3.5M. The company previously reported $2.1M in 2023. Since its launch in 2010, Racktop Systems has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Racktop Systems Hit $3.5m revenue in October 2024 | Estimated |
| 2023 | Racktop Systems Hit $2.1m revenue in December 2023 | Estimated |
| 2021 | Racktop Systems Hit $1.6m revenue in April 2021 | Not recorded |
| 2010 | Launched with $0 revenue |
Racktop Systems Valuation, Funding Rounds
Racktop Systems has not publicly disclosed its valuation. The company has raised $15.8M in total funding to date.
Racktop Systems has raised $15.8M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $15M | - | - | Not recorded |
| 2015 | Funding round | $750K | - | - | Not recorded |
Founder / CEO
Eric Bednash
CEO
Eric Bednash is the CEO and co-founder of RackTop Systems. He has spent the past 19 years as an innovator and entrepreneur, designing products and solutions to solve challenging Extreme Data problems. He has co-founded prior companies focused on delivering IT based services and products within the DoD Intel and Financial communities. Eric is thecreator of the myRack orchestration framework, and leads the strategic vision for RackTop’s data storage and management products.
Racktop Systems Employees & Team Size
Racktop Systems employs approximately 59 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 59 employees (October 2024) | Not recorded |
| 2023 | Reached 59 employees (December 2023) | Not recorded |
| 2022 | Reached 58 employees (December 2022) | Not recorded |
| 2021 | Reached 53 employees (December 2021) | Not recorded |
| 2021 | Reached 46 employees (April 2021) | Not recorded |
Frequently Asked Questions about Racktop Systems
What is Racktop Systems's revenue?
As of 2024, Racktop Systems generated an estimated $3.5M in annual revenue.
Who founded Racktop Systems?
Racktop Systems was founded by Eric Bednash.
When was Racktop Systems founded?
Racktop Systems was founded in 2010.
Who is the CEO of Racktop Systems?
The CEO of Racktop Systems is Eric Bednash.
How much funding does Racktop Systems have?
Racktop Systems raised $15.8M across 2 rounds.
How many employees does Racktop Systems have?
As of 2024, Racktop Systems had 59 employees.
Where is Racktop Systems headquartered?
Racktop Systems is headquartered in Fulton, Maryland, United States.
Compare Racktop Systems to the industry
Racktop Systems operates across multiple industries. Browse revenue, funding, and growth data for Racktop Systems 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.
Claim this profilePeople Also Viewed
RawData
B2B SaaS powered by AI that makes crop predictions (best harvesting time, plant diseases...)...
Beonprice
Developer of a hotel revenue management software designed to maximize hotel revenue. The company's...
VendorPanel
Developer of a procurement platform for government and enterprise in Australia and overseas. The...
Rainbird Technologies
Developer of a cloud-based artificial intelligence platform intended to automate decision making...
720 Degrees
Provider of a cloud based analytics platform designed to offer indoor environmental quality...
Nova Leah
Developer of a medical device security software designed to provide cyber security solutions across...
