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Model 9 is a technology company.
Model9 offers a cloud data management platform for mainframe environments. Its product modernizes mainframe operations by integrating them with cloud infrastructure, securely liberating enterprise data. This enables enhanced storage, advanced analytics, and allows organizations to leverage cloud agility and economic benefits for information in legacy systems.
Founded in 2016 by Gil Peleg, Adi Pundak-Mintz, and Motti Tal, Model9 originated from the insight that mainframe environments were isolated from cloud capabilities. The founders aimed to bridge this gap, empowering organizations to harness cloud cost-effectiveness and agility while preserving their mainframe systems.
Model9's platform serves large enterprises, including Fortune 500 companies, relying on mainframes. Its vision is to dismantle barriers between mainframes and the cloud, transforming data management. This empowers customers to unlock new insights and drive digital transformation, making mainframe data actionable within cloud-native ecosystems.
Model 9 has raised $14.0M across 3 funding rounds.
Model 9 has raised $14.0M in total across 3 funding rounds.
Model9 is a software company that helps large enterprises extract, manage, and analyze mainframe data by moving it securely to modern cloud and analytics platforms. [4]
High-Level Overview
Model9 modernizes mainframe data management and business intelligence for large enterprises, enabling organizations to copy, replicate, archive, and run analytics on mainframe datasets in public cloud storage and analytics services rather than leaving data siloed on the mainframe [2][4]. The product targets enterprises that still rely on mainframe systems (financial services, insurance, retail, and large IT-dependent organizations), solving the problem of “data locked behind mainframes” by enabling cloud-native analytics, lower storage costs, and improved data access while preserving mainframe operational models [2][4]. The company has shown venture-backed traction, including a Series A led by Intel Capital, signaling investor confidence in its approach to hybrid cloud modernization for legacy systems [1][4].
Origin Story
Model9 was founded to address the persistent challenge that enterprise mainframe data is difficult to analyze with modern tools; the company’s public communications describe its mission to accelerate adoption of hybrid cloud paradigms by making mainframe data accessible outside the mainframe environment [2][4]. The company raised a $9 million Series A round led by Intel Capital, which was presented publicly as a validation of the product-market fit for mainframe data modernization and cloud enablement [1][4]. Early narrative and press materials emphasize enterprise deployments and partnerships with large organizations as the source of early traction, though specific customer names are typically not disclosed in press releases [4].
Core Differentiators
Role in the Broader Tech Landscape
Model9 sits at the intersection of legacy systems modernization, hybrid cloud adoption, and enterprise analytics. The company is riding the macro trend of enterprises seeking to unlock value from long-lived mainframe data by integrating it with cloud-native analytics and storage; timing matters because organizations are under pressure to reduce on-premises TCO and accelerate data-driven initiatives without disruptive replatforming [2][4]. Market forces in their favor include growing cloud storage economics, demand for low-cost long-term retention and analytics, and a shortage of mainframe-skilled developers—creating incentives to move data workflows off the mainframe while keeping mission-critical apps stable [2][4]. By providing a path to cloud for mainframe data, Model9 also influences the ecosystem by enabling analytics vendors and cloud providers to access previously siloed enterprise datasets [4].
Quick Take & Future Outlook
Model9 addresses a clear, persistent pain point for large enterprises: mainframe data accessibility for analytics and cost-efficient storage [2][4]. Near term, expect further enterprise customer wins, deeper integrations with major cloud providers and analytics platforms, and possible expansion of product capabilities around cloud-native querying, governance, and data lifecycle automation as demand for hybrid data stacks grows [4]. Over the medium term, if Model9 scales adoption across verticals that heavily rely on mainframes (banking, insurance, government), it could become a standard component of enterprise legacy-modernization toolchains—particularly for organizations that require a low-risk, non-disruptive path to cloud analytics [1][4].
Sources: Model9 company materials and press coverage, including a Series A announcement and company descriptions summarizing product focus and market positioning [1][2][4].
Model 9 has raised $14.0M in total across 3 funding rounds.
Model 9's investors include Anthony Lin (林立中), TeClub, Angular Ventures, StageOne Ventures, GlenRock, North First Ventures.
Model 9 has raised $14.0M across 3 funding rounds. Most recently, it raised $9.0M Series A in January 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2020 | $9.0M Series A | Anthony Lin (林立中) | TeClub, Angular Ventures, StageOne Ventures, GlenRock, North First Ventures, StageOne Ventures |
| Nov 1, 2017 | $4.0M Seed | Angular Ventures, StageOne Ventures | |
| Dec 1, 2016 | $1.0M Seed | Angular Ventures, StageOne Ventures |