# Igneous Systems funding: rounds and investors

> Igneous Systems has raised $39M across 2 rounds since 2014. Investors include New Enterprise Associates, Redpoint and Madrona Venture Group.

Source: https://millionrounds.com/company/igneous-systems (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Igneous Systems*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics

Funding summary Updated 26 Oct 2026

**$39M** raised across 2 rounds since 2014, from 2 sources

**$24M** Series A **$15M** Round

- **Latest round:** Round, $15M Jan 2018
- **Biggest round:** $24M Series A · May 2014
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017 2018

**$24M** Series A

**$15M** Round

- **First round:** Series A, $24M
- **Biggest round:** $24M
- **Between rounds:** 3.8 years

## The rounds

- **Jan 2018** Round **$15M** *2 new* *3 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Redpoint](https://millionrounds.com/fund/redpoint) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Vulcan](https://millionrounds.com/fund/vulcan) Orca Bay Reported by GeekWire
- **May 2014** Series A **$24M** *4 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Redpoint](https://millionrounds.com/fund/redpoint) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Sujal Patel](https://millionrounds.com/fund/sujal-patel) From a historical funding record SEC filing: $24M sold, first sale Apr 2014

## Founders and team

From the SEC filings it signed: 1 on the team.

- **Kiran Bhageshpur** Executive Officer, Director, Promoter i

On the board, as filed i *Anthony Bontrager* *Matt McIlwain* *Ron Bernal* *Steven Mullaney*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2014 **Round** 2018 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Redpoint](https://millionrounds.com/fund/redpoint) [Madrona Venture Group](https://millionrounds.com/fund/madrona) [Vulcan](https://millionrounds.com/fund/vulcan) [Sujal Patel](https://millionrounds.com/fund/sujal-patel) Orca Bay

## Everyone who backed them

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **2** rounds

[Redpoint](https://millionrounds.com/fund/redpoint) VC firm **2** rounds

[Madrona Venture Group](https://millionrounds.com/fund/madrona) VC firm **2** rounds

[Vulcan](https://millionrounds.com/fund/vulcan) Investment firm **1** round

[Sujal Patel](https://millionrounds.com/fund/sujal-patel) Angel **1** round

Orca Bay no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=igneous-systems).

## Quick answers about Igneous Systems

### Who invested in Igneous Systems?

Igneous Systems's investors include New Enterprise Associates, Redpoint, Madrona Venture Group, Vulcan and Sujal Patel, and 1 more on record.

### How much has Igneous Systems raised?

Igneous Systems has raised $39M across 2 rounds since 2014.

### When did Igneous Systems last raise?

Igneous Systems's most recent round was an Undisclosed round of $15M in Jan 2018.

### What was Igneous Systems's biggest round?

Igneous Systems's largest round on record is $24M (Series A), in May 2014.

### Who backed Igneous Systems first?

Igneous Systems's first round on record, in May 2014, was backed by New Enterprise Associates, Redpoint and Madrona Venture Group and 1 others.

### What stage is Igneous Systems at?

Igneous Systems's latest named round is an Undisclosed round, in Jan 2018.

### Where is Igneous Systems based?

Igneous Systems is based in the United States.

## Companies like Igneous Systems

In the same sector, and raised in the last eighteen months.

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