2024 Revenue
$10.5M(Est.)
Customers
400
Funding
$15.3M
Avg ACV
$26.3K
Team
50
Founded
2009
RackWare Revenue & Funding (2024)
RackWare generated an estimated $10.5M in annual revenue in 2024. Source: GetLatka estimate
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 | Source |
|---|---|---|
| 2024 | RackWare Hit $10.5m revenue in October 2024 | Estimated |
| 2023 | RackWare Hit $6m revenue in December 2023 | Estimated |
| 2021 | RackWare Hit $4.5m revenue in April 2021 | Not recorded |
| 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 | Source |
|---|---|---|---|---|---|
| 2016 | Funding round | $10M | - | - | Not recorded |
| 2014 | Funding round | $2.3M | - | - | Not recorded |
| 2013 | Funding round | $3M | - | - | Not recorded |
Founder / CEO
Bryan Gobbett
CEO
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.
Customers
RackWare serves 400 customers.
RackWare Employees & Team Size
RackWare employs approximately 50 people as of 2026, down from 61 in 2023. It serves 400 customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 50 employees (December 2024) | Not recorded |
| 2024 | Reached 61 employees (October 2024) | Not recorded |
| 2023 | Reached 61 employees (December 2023) | Not recorded |
| 2022 | Reached 58 employees (December 2022) | Not recorded |
| 2021 | Reached 55 employees (December 2021) | Not recorded |
| 2021 | Reached 62 employees (April 2021) | Not recorded |
Frequently Asked Questions about RackWare
What is RackWare's revenue?
As of 2024, RackWare generated an estimated $10.5M in annual revenue.
Who founded RackWare?
RackWare was founded by Bryan Gobbett.
When was RackWare founded?
RackWare was founded in 2009.
Who is the CEO of RackWare?
The CEO of RackWare is Bryan Gobbett.
How much funding does RackWare have?
RackWare raised $15.3M across 3 rounds.
How many employees does RackWare have?
As of 2024, RackWare had 50 employees.
Where is RackWare headquartered?
RackWare is headquartered in San Jose, California, United States.
Compare RackWare to the industry
RackWare operates across multiple industries. Browse revenue, funding, and growth data for RackWare 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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