D2iQ, formerly known as Mesosphere, was founded in 2013 by Benjamin Hindman, Florian Leibert, and Tobi Knaup. When asked about a potential IPO, CEO Knaup said that while he does not have a specific exit plan, he does have a growth strategy, "because my view is that if you build a fast-growing business, all the options are on the table." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
D2iQ is a software company whose platform helps enterprises leverage the Kubernetes open-source container engine. In addition, D2iQ helps DevOps teams manage their "Day 2" operations immediately following the deployment of a new application. The company has made two acquisitions and raised $247 million in venture capital funding from investors including Koch Disruptive Technologies, T.Rowe Price, Hewlett Packard, Khosla Ventures, and Andreessen Horowitz. A 2018 Series D round raised $125 million and increased the company's valuation to $775 million.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/04/2018 | Series D | $131.25MM | $xx.xx | $75.16B | Andreessen Horowitz, Disruptive Technology Advisers, Fuel Capital, Hewlett Packard Pathfinder, Khosla Ventures, Koch Industries, Qatar Investment Authority, Sv Angel, Triangle Peak Partners, T. Rowe Price, Two Sigma Ventures, Zhongwei Capital | |
Price per Share
$xx.xx
Shares Outstanding
11,873,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Disruptive Technology Advisers, Fuel Capital, Hewlett Packard Pathfinder, Khosla Ventures, Koch Industries, Qatar Investment Authority, Sv Angel, Triangle Peak Partners, T. Rowe Price, Two Sigma Ventures, Zhongwei Capital
|
||||||
03/24/2016 | Series C | $75.65MM | $xx.xx | $46.79B | A Capital, A.Capital Ventures, Andreessen Horowitz, Fuel Capital, Hewlett Packard Pathfinder, Intel Corporation, Khosla Ventures, Microsoft, Triangle Peak Partners | |
Price per Share
$xx.xx
Shares Outstanding
7,260,704
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
A Capital, A.Capital Ventures, Andreessen Horowitz, Fuel Capital, Hewlett Packard Pathfinder, Intel Corporation, Khosla Ventures, Microsoft, Triangle Peak Partners
|
||||||
12/08/2014 | Series B | $36.14MM | $xx.xx | $18.45B | Andreessen Horowitz, Center Electric, Fuel Capital, Khosla Ventures, Sv Angel | |
Price per Share
$xx.xx
Shares Outstanding
6,989,910
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Center Electric, Fuel Capital, Khosla Ventures, Sv Angel
|
||||||
06/09/2014 | Series A | $10.53MM | $xx.xx | $5.07B | Andreessen Horowitz, Data Collective, Foundation Capital, Fuel Capital, Sv Angel | |
Price per Share
$xx.xx
Shares Outstanding
5,568,479
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Data Collective, Foundation Capital, Fuel Capital, Sv Angel
|
||||||
02/20/2014 | Series A-1 | $2.35MM | $xx.xx | $1.35B | Andreessen Horowitz, Data Collective, Fuel Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,037,653
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Data Collective, Fuel Capital
|