Reniac
Santa Clara, California, United States
2024 Revenue
$2.9M(Est.)
Funding
$1.5M
Team
8
Founded
2012
Reniac Revenue & Funding (2024)
Reniac generated an estimated $2.9M in annual revenue in 2024. Source: GetLatka estimate
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 | Source |
|---|---|---|
| 2024 | Reniac Hit $2.9m revenue in October 2024 | Estimated |
| 2023 | Reniac Hit $2.1m revenue in December 2023 | Estimated |
| 2021 | Reniac Hit $2m revenue in April 2021 | Not recorded |
| 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 | Source |
|---|---|---|---|---|---|
| 2015 | Funding round | $1.5M | - | - | Not recorded |
| 2013 | Funding round | $28K | - | - | Not recorded |
Founder / CEO
Prasanna Sundararajan
CEO
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.
Reniac Employees & Team Size
Reniac employs approximately 8 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 8 employees (October 2024) | Not recorded |
| 2023 | Reached 8 employees (December 2023) | Not recorded |
| 2022 | Reached 8 employees (December 2022) | Not recorded |
| 2021 | Reached 9 employees (December 2021) | Not recorded |
| 2021 | Reached 49 employees (April 2021) | Not recorded |
Frequently Asked Questions about Reniac
Is Reniac still an independent company?
No. Reniac was acquired.
What is Reniac's revenue?
As of 2024, Reniac generated an estimated $2.9M in annual revenue.
Who founded Reniac?
Reniac was founded by Prasanna Sundararajan.
When was Reniac founded?
Reniac was founded in 2012.
How much funding does Reniac have?
Reniac raised $1.5M across 2 rounds.
How many employees does Reniac have?
As of 2024, Reniac had 8 employees.
Where is Reniac headquartered?
Reniac is headquartered in Santa Clara, California, United States.
Compare Reniac to the industry
Reniac operates across multiple industries. Browse revenue, funding, and growth data for Reniac 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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