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Developer of fully-integrated hardware and software services designed to address the changing requirements of the new workloads. The company's services include a hyper-modular service that aims to lower costs when building and running data-driven data centers and eliminate integration problems, enabling wireless carriers, cloud providers, web-scale companies and other innovative enterprises to control hybrid and edge clouds.
Last updated
In 2024, Vapor IO's revenue reached $4.5M. The company previously reported $3.2M in 2024. Since its launch in 2015, Vapor IO has shown consistent revenue growth.
Vapor IO has not publicly disclosed its valuation. The company has raised $90M in total funding to date.
Vapor IO has raised $90M in total funding across 1 round, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $90M | - | - |
CEO
Cole is the founder and CEO of Vapor IO, the world's first true edge computing company. Cole is also the co-founder of the Open 19 Foundation, founding Executive Director of the Open Compute Project, former Chairman of the Open Data Center Alliance and co-founder of OpenStack. Cole was instrumental in the creation of the US Gov’t's definition of Cloud Computing. He has over 20 years of leadership in the telecom and data center industry. Specialties: Open Source Hardware, Data Centers, Telecom, OpenStack, Containers, Cloud, Business Operations, Business Leadership and Development, Government Technology, Cloud Computing, Linux, Enterprise Architecture, IT strategy
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We do not have customer count information for Vapor IO yet.
Vapor IO employs approximately 32 people as of 2026, down from 41 in 2023.
Vapor IO generates $4.5M in revenue.
Vapor IO was founded by Cole Crawford.
The CEO of Vapor IO is Cole Crawford.
Vapor IO raised $90M across 1 round.
Vapor IO has 32 employees.
Vapor IO is headquartered in Austin, Texas, United States.
Vapor IO operates across multiple industries. Browse revenue, funding, and growth data for Vapor IO 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
$4.5M
Funding
$90M
Team
32
Founded
2015
| Year | Milestone | Source |
|---|---|---|
| 2024 | Vapor IO Hit $4.5m revenue in November 2024 | |
| 2024 | Vapor IO Hit $3.2m revenue in October 2024 | Estimated |
| 2023 | Vapor IO Hit $1.9m revenue in December 2023 | Estimated |
| 2021 | Vapor IO Hit $2.1m revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 32 employees (October 2024) | |
| 2023 | Reached 41 employees (December 2023) | |
| 2022 | Reached 48 employees (December 2022) | |
| 2021 | Reached 55 employees (December 2021) | |
| 2021 | Reached 47 employees (April 2021) |
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