Reply to post: Valuation....

Tintri’s funding reaches $260m, but is it ready to take on EMC?

Anonymous Coward
Anonymous Coward

Valuation....

I'd suggest it's quite strange that Tintri didn't announce their valuation as part of this latest round of funding... Funnily enough, Tegile did the same on their latest round. Most likely because the dollar valuation after the funding round doesn't make for good reading, and certainly not a 'billion dollar unicorn' start up.

Supporting quote:

"Klein would not comment on whether the company is a unicorn or “sub-unicorn,” aka whether it’s valued at $1 billion or just under $1 billion, but he did claim triple revenue growth year over year. He did not provide revenue numbers.”

http://fortune.com/2015/08/05/tintri-snags-125-million-for-storage-push/

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