In November 2020, Seattle-based data management startup Igneous laid off an unspecified number of employees, attributing the cuts to a difficult economic environment. The company, which specializes in petabyte-scale unstructured data management as a service, had an estimated workforce of 51 to 200 people at the time, with some reports suggesting around 75 employees. Founded in 2013 and having raised $66.7 million in venture funding, Igneous cited ongoing economic challenges as the reason for the staff reduction while emphasizing its continued commitment to serving customers and partners.
