# SEAGATE: portfolio, investments and team

> SEAGATE is a growth equity based in Italy. 7 investments on record, latest Oct 2015. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/seagate (Millionrounds; every figure on the page links to its filing or article)

Italy · [Investor](https://millionrounds.com/investors)

# SEAGATE

No cheque observed since Oct 2015, after 7 earlier cheques, and the website is dead.

Dormant Growth equity

Series A Growth Series B Venture Capital & Private Equity

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 7 on record

Since the last cheque **4039** days **00** hrs **00** min **00** sec

Median round **$28M** Rounds led **0 of 7** Exits **2 from the portfolio** Mostly in **United States, 100%**

Pitch SEAGATE

## SEAGATE highlights

- 01 7 rounds on record
- 02 Mostly Series A and Growth: 43% of its rounds
- 03 2 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Venture Capital & Private Equity
- **Based in:** Milan, Italy
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **7 appearances**

- **2015** 2 rounds
- **Oct** **[Ripple](https://millionrounds.com/company/ripple)** Series A · US **$4.0M** With 2 others
- **May** **[Ripple](https://millionrounds.com/company/ripple)** Series A · US **$28M** With 10 others
- **2013** 3 rounds
- **Dec** **[Egnyte](https://millionrounds.com/company/egnyte)** Series D · US · techcrunch.com **$30M** With 6 others
- **Sept** **[eASIC](https://millionrounds.com/company/easic)** Growth · US · finsmes.com **$24M** With 5 others
- **May** **[Cloudscaling](https://millionrounds.com/company/cloudscaling)** Series B · US · techcrunch.com **$10M** With 3 others
- **2011** 1 round
- **Nov** **[Coraid](https://millionrounds.com/company/coraid)** Series C · US · techcrunch.com **$50M** With 5 others
- **2003** 1 round
- **Mar** **[Matrix Semiconductor](https://millionrounds.com/company/matrix-semiconductor)** Series E · US **$52M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Cloudscaling](https://millionrounds.com/company/cloudscaling)** Bought by [EMC](https://millionrounds.com/fund/emc) **Undisclosed** Oct 2014

**[Matrix Semiconductor](https://millionrounds.com/company/matrix-semiconductor)** Bought by [SanDisk](https://millionrounds.com/fund/sandisk) **Undisclosed** Oct 2005

An exit counts when it came after the firm's first round in the company. From historical deal records.

## Companies it bought

Acquisitions by the firm itself

**Lyve Minds** **Undisclosed** Oct 2015

**[Dot Hill Systems](https://millionrounds.com/company/dot-hill-systems)** **$694M** Aug 2015

**Xyratex** **$374M** Dec 2013

**[MetaLINCS](https://millionrounds.com/company/metalincs)** **Undisclosed** Dec 2007

**[EVault](https://millionrounds.com/company/evault)** **$185M** Dec 2006

**Maxtor** **Undisclosed** May 2006

**ActionFront Data Recovery** **Undisclosed** Nov 2005

**[Mirra](https://millionrounds.com/company/mirra)** **Undisclosed** Sept 2005

## The cheque

Series A Growth Series B

Median round joined **$28M** the round, not its cheque

Led 0 of 7 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2015
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series A *2*
- Growth *1*
- Series B *1*
- Series C *1*
- Series D *1*
- Series E *1*

Cheques by year Led Joined

2003 2015

Often in the room with

- [Seagate Technology PLC](https://millionrounds.com/fund/seagate-technology-plc) 3
- [CME Ventures](https://millionrounds.com/fund/cme-group) 2
- [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) 2

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## Who they invest alongside

The investors most often in the same rounds as SEAGATE. A count of rooms they were both in, not a relationship either has claimed.

[**Seagate Technology PLC** Corporate VC **3** rounds together](https://millionrounds.com/fund/seagate-technology-plc)[**CME Ventures** Corporate VC **2** rounds together](https://millionrounds.com/fund/cme-group)[**Kleiner Perkins Caufield & Byers** VC firm **2** rounds together](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers)

## Quick answers about SEAGATE

### What does SEAGATE invest in?

SEAGATE invests most often at Series A and Growth (43% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is SEAGATE?

7 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2015.

### How big are SEAGATE's cheques?

The median round it joins is $28M.

### Does SEAGATE lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

### Where does SEAGATE invest?

Most of the companies it backs are in the United States (100%).

### Is SEAGATE investing now?

It looks quiet: no investment on record since Oct 2015.

### Who does SEAGATE invest alongside?

Most often Seagate Technology PLC (3 rounds together), CME Ventures (2 rounds together) and Kleiner Perkins Caufield & Byers (2 rounds together).

### What kind of investor is SEAGATE?

SEAGATE is a growth equity firm based in Milan, Italy.

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