Model9

Cloud Data Management for Mainframe Computer Environments

Business Software
Acquired (Inactive) by BMC Software on Apr 2023 - closed due to acquisition

Company Overview

Snapshot

Founded in August 2015 by Adi Pundak-Mintz, Motti Tal, and Gil Peleg, Model9 operates with 1–10 employees. The company raised a total of $13.75M across 3 funding rounds from 5 investors, with Intel Capital leading one of the rounds. In April 2023, Model9 was acquired by BMC Software.

Business overview

Model9 specializes in modernizing mainframe data management and business intelligence to accelerate digital transformation and cloud adoption for large enterprises. The company's patented technology facilitates the delivery of mainframe data to various cloud or on-premises storage platforms, effectively eliminating the need for tape and virtual tape systems. This enables secure integration with advanced analytics tools, serving clients in financial institutions, government agencies, and transportation sectors within the Business Software sector.

Strategic signal

The acquisition of Model9 by BMC Software in April 2023 signals a strategic move to integrate Model9's mainframe cloud data management capabilities into a larger enterprise software portfolio. This indicates a consolidation trend in the market for specialized mainframe modernization solutions and validates Model9's technology as a valuable asset for enhancing cloud adoption in traditional enterprise environments.

Company Intelligence Q&A

What is Model9's primary focus?
Model9 focuses on modernizing mainframe data management and business intelligence to accelerate digital transformation and cloud adoption in large enterprises.
When was Model9 acquired?
Model9 was acquired by BMC Software in April 2023, leading to its inactive status.
Which investors participated in Model9's February 2020 funding round?
In February 2020, Model9 raised funding led by Intel Capital, with participation from.
What technology does Model9 utilize?
Model9 utilizes patented technology to deliver mainframe data to cloud or on-premises storage platforms, eliminating tape and virtual tape and enabling integration with advanced analytics tools.
Which industries does Model9 serve?
Model9 serves financial institutions, government agencies, and transportation companies with its cloud data management solutions.

External links