3PAR is a technology company.
3PAR is a technology company.
3PAR has raised $32.0M across 1 funding round.
3PAR has raised $32.0M in total across 1 funding round.
3PAR has raised $32.0M in total across 1 funding round.
3PAR's investors include Menlo Ventures.
3PAR Inc. was a pioneering technology company that developed hardware disk arrays and storage management software for enterprise data storage and information management, headquartered in Fremont, California.[1] It served large enterprises, service providers, and cloud operators by solving inefficiencies in storage utilization through innovations like thin provisioning, delivering high-performance, scalable systems with features such as deduplication, compression, and autonomic tiering for cost optimization and 99.9999% data availability.[1][3][4] Acquired by Hewlett-Packard in 2010 and later integrated into Hewlett Packard Enterprise (HPE) via a 2015 spin-off, 3PAR's technology powered demanding virtualized workloads and remains a key part of HPE's storage portfolio, competing with Dell EMC, NetApp, and Pure Storage.[1][3]
Founded in 2002, 3PAR shipped its flagship InServ storage server that September, quickly establishing itself as an innovator in utility storage with early thin provisioning capabilities announced in June 2002 and deployed in 2003.[1] The company attracted $33 million in funding in February 2004 from investors including Mayfield Fund, Menlo Ventures, and Worldview Technology Partners, fueling expansion like a 2007 R&D office in Belfast, Northern Ireland, and an IPO on NYSE Arca (symbol PAR) that November.[1] Pivotal moments included moving to the NYSE Big Board in 2008, launching Virtual Domains for multi-tenant isolation, opening a Bangalore subsidiary in 2009, and introducing Adaptive Optimization in 2010—earning Forbes' fourth spot on its Tech25 list as a fast-growing tech firm.[1] This momentum led to HP's $2.35 billion acquisition in 2010 amid a bidding war, marking the end of its independence.[1]
3PAR stood out in enterprise storage through these key strengths:
3PAR rode the early 2000s wave of data explosion and virtualization, addressing storage sprawl in enterprise IT amid rising demands from server consolidation and cloud precursors.[1][3] Its timing was ideal post-dot-com recovery, when thin provisioning countered overprovisioning waste—up to 70% inefficiency in traditional arrays—aligning with market shifts toward efficient, scalable storage for service providers.[1] Favorable forces included hyperscale growth and flash adoption, positioning 3PAR (via HPE) as a mid-to-high-end contender against incumbents like EMC and IBM, influencing ecosystem standards in data reduction and tiering.[1][3][5] Today, its legacy tech underpins HPE's #2 storage ranking, enabling reliable apps for banks and supercomputing, while shaping hybrid cloud reliability norms.[3]
HPE continues investing in 3PAR StoreServ lineage, blending it with acquisitions like Nimble for all-flash primacy amid NVMe and AI-driven data surges, potentially consolidating lines for unified offerings.[3] Trends like edge computing, zero-trust security, and exabyte-scale analytics will amplify demand for its proven efficiency, evolving HPE's influence toward sovereign clouds and sustainable storage. As data gravity intensifies, 3PAR's foundational utility model—once a Fremont innovator—remains a benchmark for resilient, economical enterprise storage.[1][3][4]
3PAR has raised $32.0M across 1 funding round. Most recently, it raised $32.0M Series D in February 2004.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2004 | $32.0M Series D | Menlo Ventures |