Great companies begin with small ideas. Founded by David, Michael and James in the financial year of 1992, NetApp has come a long way. Today the company happens to be listed among Fortune 500 companies. It was the year of 2012 when NetApp made a spectacular debut in the Fortune 500 list. Apart from that the company also happens to be a part of NASDAQ-100.The biggest competition for NetApp was Auspex Systems but the venture capital funding from Sequoia Capitalin 1994 made a huge difference in the propelling of the company.
The dawn of the internet market across the world helped NetApp in acquiring some amazing revenue creation opportunities; if reports are to be believed the company generated estimated revenue of more than 1 Billion Dollars. The high revenue succumbed to 800 million dollars in the year of 2002 when recession struck the world.NetApp has a good history when it comes to acquisitions but is also known for the weird move of selling away the Blue Coat Systems. The company suffered some losses but was soon back in the business generating some amazing revenue.