Asset Manager

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NetApp

NetApp is a US-based company founded in 1992 in San Jose. It specializes in Data Management and Cloud Storage Solutions. NetApp has not received external...

NetApp

NetApp is a US-based company founded in 1992 in San Jose. It specializes in Data Management and Cloud Storage Solutions. NetApp has not received external funding.

General information

Firm type

Asset Manager

Year founded

1992

Location

Region

North America

Country

United States

City

San Jose

Corporate office

San Jose, CA, United States

Principals

George Kurian

CEO

Sector focus

Enterprise SoftwareCloud & Data Infrastructure

Frequently asked questions

Who runs investment decisions at NetApp Ventures?

NetApp Ventures is a corporate venture capital arm run by the firm's executive leadership under CEO George Kurian. The unit does not have a publicly named managing partner. Investment decisions are made internally, aligning with the parent company's product roadmap and cloud-partner relationships.

How does NetApp Ventures source proprietary deal flow?

The venture team sources opportunities through NetApp's engineering and product organizations, its partnerships with AWS, Azure, and Google Cloud, and its installed base of enterprise customers. Because the parent company operates across on-premises, hybrid, and public-cloud environments, engineering teams often identify promising infrastructure startups before broader venture markets.

What is NetApp's known posture on co-investments alongside external GPs?

NetApp Ventures co-invests alongside traditional venture firms including Andreessen Horowitz and Lightspeed Venture Partners. Its participation is driven by strategic fit, not lead-investor status. Portfolio companies benefit from distribution through NetApp's 11,000-employee sales organization when the firm takes a board seat or commercial partnership.

Which sectors does NetApp Ventures explicitly avoid?

NetApp Ventures invests in cloud-native infrastructure, data protection, AI operations, and edge computing. It does not publicly invest in consumer internet, enterprise SaaS unconnected to data management, or the life sciences. Its sector scope is deliberately narrow, mirroring the core data-management franchise.

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