Financials

Estimates*

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Revenues, earnings & profits over time
USD20162017201820192020
Revenues281m509m509m658m770m
% growth-81 %-29 %17 %
EBITDA--(146m)(127m)(18.0m)
% EBITDA margin--(29 %)(19 %)(2 %)
Profit--(164m)(142m)(131m)
% profit margin--(32 %)(22 %)(17 %)
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DateInvestorsAmountRound
-

N/A

-

$946m

Early VC

$653m

Valuation: $2.8b

Series C
*
N/A

$555m

Valuation: $3.9b

7.7x EV/LTM Revenues

IPO

$2.7b

Valuation: $2.7b

5.3x EV/LTM Revenues

-18.5x EV/LTM EBITDA

Acquisition
Total Funding$1.6b

Recent News about VMware Tanzu (formerly Pivotal)

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More about VMware Tanzu (formerly Pivotal)info icon
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Pivotal, now part of VMware Tanzu, specializes in modernizing applications and infrastructure to enhance software delivery and operational efficiency. The company offers a comprehensive suite of products and services centered around Kubernetes, an open-source platform for managing containerized applications. These solutions cater to a diverse range of clients, including developers, IT operations teams, and business leaders across various industries such as automotive, financial services, healthcare, insurance, manufacturing, public sector, retail, and telecommunications.

Operating in the cloud computing and software development market, VMware Tanzu provides multiple editions of its Tanzu platform, including Tanzu Basic, Standard, and Advanced, each designed to meet different levels of operational complexity and business needs. The company's business model revolves around subscription-based services and consulting fees, generating revenue by offering advanced tools for DevSecOps (Development, Security, and Operations), multi-cloud management, and application modernization.

VMware Tanzu's key offerings include Tanzu Kubernetes Grid for enterprise-ready Kubernetes platforms, Tanzu Mission Control for multi-cloud Kubernetes management, Tanzu Observability for enterprise observability, and Tanzu Service Mesh for application connectivity and security. Additionally, the company provides Tanzu Labs, a consulting service to help businesses build innovative products and upgrade legacy applications.

Keywords: Kubernetes, multi-cloud, DevSecOps, application modernization, enterprise observability, container management, cloud computing, software delivery, infrastructure, consulting services.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by VMware Tanzu (formerly Pivotal)

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Xtreme Labs
ACQUISITION by VMware Tanzu (formerly Pivotal) Oct 2013
SnappyData
ACQUISITION by Tibco software Mar 2019
Slice of Lime
ACQUISITION by VMware Tanzu (formerly Pivotal) Jan 2016