![]() Rackspace Technology Rackspace Technology is a company that designs, builds, and operates end-to-end multi-cloud technology platforms. | ![]() Synchronoss Technologies Synchronoss Technologies is a software and services company that provides technologies and solutions for the mobile transformation of business. | ![]() NetApp NetApp is an intelligent data infrastructure company that provides data storage and cloud operations solutions. | ![]() Red Hat Red Hat (formerly known as Red Hat Software) is a company that provides enterprise open-source solutions. | ||
Founding Date | Founding Date 1998 | Founding Date 2000 | Founding Date 1992 | Founding Date 1993 | Founding Date 1998 |
Type | Type Public | Type Subsidiary | Type Public | Type Subsidiary | Type Subsidiary |
Tags | |||||
Locations | Locations San Antonio, US HQ Melbourne, AU Sydney, AU Toronto, CA Alexandria, EG Giza, EG Hamburg, DE see more | Locations Bridgewater, US HQ Melbourne, AU Berlin, DE Bengaluru, IN Dublin, IE Torino, IT Minato City, JP see more | Locations San Jose, US HQ Brisbane, AU Bruce, AU Canberra, AU Melbourne, AU North Sydney, AU Vienna, AT see more | Locations Raleigh, US HQ Buenos Aires, AR Brisbane, AU Canberra, AU Melbourne, AU Perth, AU Sydney, AU see more | Locations Palo Alto, US HQ |
Employees | Employees 5,0002% decrease | Employees 1,3215% decrease | Employees 11,7001% decrease | Employees 19,5851% decrease | Employees 38,300 |
Valuation ($) | Valuation ($) 540.2 m | Valuation ($) N/A | Valuation ($) 27.2 b | Valuation ($) N/A | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) $2.7b (FY, 2025) | Revenue (est.) $173.6m (FY, 2024) | Revenue (est.) $6.6b (FY, 2025) | Revenue (est.) $5.6b (Y, 2021) | Revenue (est.) $13.4b (FY, 2023) |
Cost of goods | Cost of goods $2.2b (FY, 2025) | Cost of goods $39m (FY, 2024) | Cost of goods $2b (FY, 2025) | Cost of goods N/A | Cost of goods $2.5b (FY, 2023) |
Gross profit | Gross profit $506.4m (FY, 2025) | Gross profit $134.6m (FY, 2024) | Gross profit $4.6b (FY, 2025) | Gross profit N/A | Gross profit $10.9b (FY, 2023) |
Net income | Net income ($225.8m) (FY, 2025) | Net income $6.2m (FY, 2024) | Net income $1.2b (FY, 2025) | Net income $732m (Y, 2021) | Net income $1.3b (FY, 2023) |
Operating ⚠ | |||||
ARR | ARR $2.9b (Q3, 2021) | ARR N/A | ARR N/A | ARR N/A | ARR $5.3b (Q2, 2023) |
Backlog | Backlog N/A | Backlog N/A | Backlog N/A | Backlog $3.9b (Q1, 2020) | Backlog $22m (Q2, 2023) |
Countries | Countries 120 (FY, 2020) | Countries N/A | Countries N/A | Countries 40 (Feb, 2024) | Countries N/A |
Industries Served | Industries Served N/A | Industries Served N/A | Industries Served N/A | Industries Served 16 (Feb, 2024) | Industries Served 8 (Feb, 2025) |
Patents Issued | Patents Issued N/A | Patents Issued 100 (FY, 2016) | Patents Issued N/A | Patents Issued N/A | Patents Issued 5 k (FY, 2022) |
Product Categories | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories 6 (Feb, 2024) | Product Categories 2 (Feb, 2025) |
Remaining Performance Obligations | Remaining Performance Obligations $754m (Q3, 2021) | Remaining Performance Obligations N/A | Remaining Performance Obligations N/A | Remaining Performance Obligations N/A | Remaining Performance Obligations $12.9b (Q2, 2023) |
Solutions | Solutions N/A | Solutions N/A | Solutions N/A | Solutions 5 (Feb, 2024) | Solutions 4 (Feb, 2025) |
Trademarks (US) | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) 57 (Feb, 2024) | Trademarks (US) 88 (Feb, 2025) |
Funding | |||||
Total funding raised | Total funding raised $ 17.8m | Total funding raised $ 34.2m | Total funding raised N/A | Total funding raised $ 203.3m | Total funding raised $ 393.5m |

Synchronoss Technologies is a software and services company that provides technologies and solutions for the mobile transformation of business.
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NetApp is an intelligent data infrastructure company that provides data storage and cloud operations solutions.
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Red Hat (formerly known as Red Hat Software) is a company that provides enterprise open-source solutions.
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