Diligence memo · auto-generated · as of July 2, 2026
Overland Storage Inc
Overland Storage Inc looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Overland Storage Inc operates in Other Technology, based in SAN DIEGO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Overland Storage Inc has raised $51M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Series B (a $15M–$40M round).
Largest single filing: $29M on 2010-02-22.
Most recent recorded round closed around 2011-03-16.
Valuation (modeled)modeled
Provath models Overland Storage Inc at approximately $677M (range $54M–$2.6B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.17× the median modeled value of Series B Other Technology companies in 2010–2012 (174 peers) — value vs value, same stage and era. Within the normal band (117% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 6 months.
Last raise 15.3 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 1.3× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 93% of Other Technology peers (21302 compared).
Modeled value ranks above 94% of those peers.
Closest niche peers: Petra Solar Inc, Kinnser Software, Inc., NCP Holding Co, Magic Lamp Corp., Vaddio Holdings, LLC.
Peoplefiled
10 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.