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Santa Clara, California, United States
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
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.
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 | - | - | |
| 2013 | Funding round | $28K | - | - |
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.
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We do not have customer count information for Reniac yet.
Reniac employs approximately 8 people as of 2026.
Reniac generates an estimated $2.9M in annual revenue.
Reniac was founded by Prasanna Sundararajan.
The CEO of Reniac is Prasanna Sundararajan.
Reniac raised $1.5M across 2 rounds.
Reniac has 8 employees.
Reniac is headquartered in Santa Clara, California, United States.
Reniac operates across multiple industries. Browse revenue, funding, and growth data for Reniac in each sector below.
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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2024 Revenue
$2.9M(Est.)
Funding
$1.5M
Team
8
Founded
2012
| 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 | |
| 2012 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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