Loading organizations...
§ Private Profile · Whippany, NJ, USA
WHIPTAIL is a company.
WHIPTAIL has raised $31.0M across 1 funding round.
Key people at WHIPTAIL.
WHIPTAIL has raised $31.0M in total across 1 funding round.
Whiptail Technologies develops high-performance data storage systems, specializing in all-flash arrays for rapid data access. Its core product integrates solid-state components and software to optimize throughput and efficiency for demanding enterprise workloads. This technology enhances data center performance, utilizing in-line deduplication for maximum storage utilization and accelerated responsiveness.
Edward Rebholz, CEO, and James Candelaria, CTO, founded Whiptail Technologies in 2008. Their insight targeted performance bottlenecks in traditional enterprise storage. They recognized flash memory's potential to deliver unparalleled speed and efficiency, transforming data-intensive environments for crucial business operations. This guided product development.
The company primarily serves large enterprises and data centers requiring accelerated data processing. Whiptail Technologies envisions new benchmarks for speed and agility in enterprise data storage. It aims to empower businesses to manage and utilize data resources with improved performance.
Key people at WHIPTAIL.
WHIPTAIL has raised $31.0M across 1 funding round. Most recently, it raised $31.0M Series C in December 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 14, 2012 | $31M Series C | — | Richard Fade, RRE Ventures, Sandisk Ventures | Announced |
Whiptail Midstream is a midstream energy infrastructure company focused on oil, natural gas, and water gathering systems in the San Juan Basin's Gallup oil window, New Mexico.[1][2] It built and operated extensive pipeline networks serving oil and gas producers, achieving over 475,000 dedicated acres and nearly 525 miles of pipeline through strategic acquisitions like DJR Energy's assets, which doubled its footprint and secured long-term dedications.[1] The company emphasized efficient, reliable operations for multi-well pad developments, positioning itself as the leading multi-product gathering platform in the basin before its sale to MPLX LP (a subsidiary of Marathon Petroleum) for $237 million in 2025.[2]
(Note: Search results also reference a separate "Whiptail" oil and gas project in Guyana's Stabroek Block, led by ExxonMobil affiliates, but this is an upstream development, not a standalone company matching the query's description.[3][4])
Whiptail Midstream emerged as a portfolio company of I Squared Capital, developing midstream assets tailored to the San Juan Basin's oil window.[2] Key leaders included CEO Josh Lamberton and President Bob O'Neal, who drove growth through customer relationships and operational excellence.[2] A pivotal moment was the acquisition of DJR Energy's gathering assets, which expanded infrastructure and locked in dedications from a top producer, enabling plans for further buildouts with minimal surface disturbance.[1] The company's trajectory culminated in its 2025 sale to MPLX, validating its rapid scaling from inception to a regionally dominant platform.[1][2]
Whiptail Midstream rode the resurgence of U.S. onshore oil production in the San Juan Basin, capitalizing on the Gallup oil play's growth potential amid rising demand for crude and natural gas.[1][2] Its timing aligned with producer expansions needing robust midstream support, where bottlenecks in gathering systems can hinder upstream activity—Whiptail's multi-product systems (oil, gas, water) addressed this by enabling efficient scaling.[1] Market forces like energy security and basin-specific synergies favored its model, influencing the ecosystem by setting benchmarks for midstream reliability and paving the way for larger operators like MPLX to invest further.[2] While not a tech firm, its infrastructure supported tech-enabled drilling efficiencies in a digitized energy sector.
Post-acquisition, Whiptail's assets now bolster MPLX's portfolio, likely fueling expanded gathering investments in the San Juan Basin as producer activity intensifies.[2] Trends like multi-product integration and pad-style developments will shape ongoing operations, with MPLX's scale amplifying influence through enhanced capacity and synergies.[1][2] Whiptail's legacy—as a nimble builder turned attractive asset—exemplifies how targeted midstream plays drive basin-level efficiency, potentially inspiring similar models in emerging U.S. plays. Its exit underscores the value of execution in energy infrastructure, tying back to its origins as a customer-focused disruptor in a vital production hub.[1][2]
WHIPTAIL has raised $31.0M in total across 1 funding round.
WHIPTAIL's investors include Richard Fade, RRE Ventures, SanDisk Ventures.
