RackWare
2024 Revenue
$10.5M
Customers
400
Funding
$15.3M
YOY
74.5%
Avg ACV
$26.3K
Team
50
Founded
2009
How RackWare CEO Bryan Gobbett grew RackWare to $10.5M revenue and 400 customers in 2024.
Developer of an enterprise-grade hybrid cloud management software designed to provide IT resiliency and simplified migration to the cloud. The company's software provides agility in a multi-cloud environment, with rapid deployment, a quick time-to-value, lowering IT expenses while still optimizing application performance, enabling clients to offer greater availability and flexibility for enterprise IT users, and reduced costs for enterprise IT providers.
Last updated
RackWare Revenue
In 2024, RackWare's revenue reached $10.5M. The company previously reported $6M in 2023. Since its launch in 2009, RackWare has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | RackWare Hit $10.5m revenue in October 2024 |
| 2023 | RackWare Hit $6m revenue in December 2023 |
| 2021 | RackWare Hit $4.5m revenue in April 2021 |
| 2009 | Launched with $0 revenue |
RackWare Valuation, Funding Rounds
RackWare has not publicly disclosed its valuation. The company has raised $15.3M in total funding to date.
RackWare has raised $15.3M in total funding across 3 rounds, with its most recent round in 2016.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2016 | Funding round | $10M | - | - |
| 2014 | Funding round | $2.3M | - | - |
| 2013 | Funding round | $3M | - | - |
RackWare Employees & Team Size
RackWare employs approximately 50 people as of 2026, down from 61 in 2023.
RackWare has 50 total employees in different roles and functions. They have 400 customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 50 employees (December 2024) |
| 2024 | Reached 61 employees (October 2024) |
| 2023 | Reached 61 employees (December 2023) |
| 2022 | Reached 58 employees (December 2022) |
| 2021 | Reached 55 employees (December 2021) |
| 2021 | Reached 62 employees (April 2021) |
Founder / CEO
Bryan Gobbett
CEO with 20+ years of industry experience developing and delivering software at some of the world’s largest and most successful companies. Proven ability to both hire and grow top talent, leading large teams across the globe - San Francisco Bay Area, Vancouver, Vienna, Budapest, Bangalore, Pune and Chennai.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how RackWare acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about RackWare
What is RackWare's revenue?
RackWare generates $10.5M in revenue.
Who founded RackWare?
RackWare was founded by Bryan Gobbett.
Who is the CEO of RackWare?
The CEO of RackWare is Bryan Gobbett.
How much funding does RackWare have?
RackWare raised $15.3M.
How many employees does RackWare have?
RackWare has 50 employees.
Where is RackWare headquarters?
RackWare is headquartered in San Jose, California, United States.
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Compare RackWare to the industry
RackWare operates across multiple industries. Browse revenue, funding, and growth data for RackWare in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .