Reniac
2024 Revenue
$2.9M
Funding
$1.5M
YOY
36.9%
Team
8
Founded
2012
How Reniac CEO Prasanna Sundararajan grew Reniac to $2.9M revenue with a 8 person team in 2024.
Provider of a distributed data engine designed to address bottlenecks involved in any data infrastructure workloads. The company's cloud-based data engine deliver higher throughput and lower latency within a scale-out architecture, enabling enterprises to reduce latency and increase throughput for critical workloads in public cloud, hybrid and on-premise data centers without software changes to existing applications.
Last updated
Reniac Revenue
In 2024, Reniac's revenue reached $2.9M. The company previously reported $2.1M in 2023. Since its launch in 2012, Reniac has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Reniac Hit $2.9m revenue in October 2024 |
| 2023 | Reniac Hit $2.1m revenue in December 2023 |
| 2021 | Reniac Hit $2m revenue in April 2021 |
| 2012 | Launched with $0 revenue |
Reniac Valuation, Funding Rounds
Reniac has not publicly disclosed its valuation. The company has raised $1.5M in total funding to date.
Reniac has raised $1.5M in total funding across 2 rounds, with its most recent round in 2015.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2015 | Funding round | $1.5M | - | - |
| 2013 | Funding round | $28K | - | - |
Reniac Employees & Team Size
Reniac employs approximately 8 people as of 2026.
Reniac has 8 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 8 employees (October 2024) |
| 2023 | Reached 8 employees (December 2023) |
| 2022 | Reached 8 employees (December 2022) |
| 2021 | Reached 9 employees (December 2021) |
| 2021 | Reached 49 employees (April 2021) |
Founder / CEO
Prasanna Sundararajan
Prasanna is an experienced architect and innovator with a track record of taking new and early stage technology concepts from inception to production. He has 30 issued patents in the areas of computing and cache architectures, security, fault tolerance & reliability, and design tools and has extensive technology experience in Multicores, GPU and FPGA-based systems. After spending nearly 13 years at Xilinx in a variety of roles, he co-founded rENIAC to bring drop-in data acceleration to customers that require ultra low latency for large scale, data-centric applications like product catalogs, media retrieval, fraud prevention and risk analytics.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Reniac yet.
Frequently Asked Questions about Reniac
What is Reniac's revenue?
Reniac generates $2.9M in revenue.
Who founded Reniac?
Reniac was founded by Prasanna Sundararajan.
Who is the CEO of Reniac?
The CEO of Reniac is Prasanna Sundararajan.
How much funding does Reniac have?
Reniac raised $1.5M.
How many employees does Reniac have?
Reniac has 8 employees.
Where is Reniac headquarters?
Reniac is headquartered in Santa Clara, California, United States.
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Compare Reniac to the industry
Reniac operates across multiple industries. Browse revenue, funding, and growth data for Reniac 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 .