Loading organizations...

§ Private Profile · Minnetonka, MN, USA
Data management platform developing software to mine, categorize, and maximize value of large-scale unstructured enterprise data efficiently.
Based in Minneapolis, Minnesota, Atavium develops an enterprise data management and storage platform designed to automate data placement and categorize large volumes of unstructured data. The company provides business-to-business software solutions that support high-performance applications across the media, entertainment, life sciences, genomics, and energy sectors. Prior to its acquisition, the enterprise software firm operated with approximately 27 employees, secured five distinct patents in computational fields, and generated an estimated $5 million in annual revenue. The organization raised $8.7 million in Series A venture capital funding from a syndicate of institutional investors that included Rally Ventures, Grotech Ventures, and Origin Ventures. In April 2020, the business was officially acquired by data storage manufacturer Quantum for an undisclosed financial amount. Atavium was originally founded in 2016 by technology veterans Ed Fiore, Mark Davis, and Corey Bates.
Atavium has raised $9.0M across 1 funding round.
Atavium has raised $9.0M in total across 1 funding round.
Atavium has raised $9.0M in total across 1 funding round.
Atavium's investors include Grotech Ventures, Jeff Hinck, Origin Ventures, Brightstone Venture Capital, Correlation Ventures, G-Bar Ventures.
Atavium was a Minneapolis-based data-management and storage software startup that built policy-driven tools to organize, move and automate large unstructured data sets across on-prem and cloud tiers; it was acquired by Quantum in 2020 and its team and IP were folded into Quantum’s StorNext and primary-storage efforts[2][1].
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick reiteration: Atavium was a specialist data‑management startup whose automated tagging, policy tiering and workflow features addressed the pain of exploding unstructured data; its 2020 acquisition by Quantum scaled those capabilities into a broader storage product family[2][1][3].
Atavium has raised $9.0M across 1 funding round. Most recently, it raised $9.0M Series A in May 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2017 | $9M Series A | Grotech Ventures, Jeff Hinck | Origin Ventures, Brightstone Venture Capital, Correlation Ventures, G BAR Ventures | Announced |