Abridean
Latest round
- Series B
Last raised
- Sep 2003
Total raised
- $4M
Investors
- 1
About Abridean
Founded in 2000 in Halifax, Canada, Abridean focuses on providing technological solutions that optimize business operations. In October 2010, Abridean was acquired by nCipher, Inc.9 mn. The company has completed a total of 3 deals, with the most recent deal taking place on October 21, 2005.The company primarily offers a suite of advanced technological solutions designed to enhance operational efficiency across various industries. Its core product line includes innovative software platforms and tools that facilitate data management, streamline workflows, and enable real-time analytics. These products are engineered to address specific challenges faced by businesses, such as optimizing resource allocation, improving data accuracy, and enhancing decision-making processes. The solutions cater to a diverse clientele, including enterprises in sectors such as finance, healthcare, and logistics, with end users ranging from operations managers to data analysts.The company generates revenue through a structured model that includes subscriptions for its software platforms, as well as partnerships with resellers and integrators. Clients typically engage with the firm via annual or multi-year licensing agreements, providing them access to the full suite of products and ongoing support. Transaction structures may involve a combination of direct sales to businesses and collaborative arrangements with industry partners to expand market reach. Flagship services are available at tiered pricing plans, tailored to meet the varying needs of small, medium, and large enterprises.Following the acquisition by nCipher, Inc. in October 2010, Abridean intends to leverage its resources for future growth initiatives. The company is currently designing new products aimed at further enhancing operational efficiency, with plans to launch these innovations in the upcoming fiscal year. Additionally, Abridean is targeting expansion into new markets in Asia and Europe by the end of 2023.
Who invested in Abridean
1 investor across 1 round
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Funding rounds
Series B
Sep 15, 2003
Amount
$4M
Investors
Questions about Abridean
Who invested in Abridean?
Abridean has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Abridean raised?
Abridean has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Abridean last raise money?
Abridean's most recent round on record is a Series B, in Sep 2003.
What does Abridean do?
Founded in 2000 in Halifax, Canada, Abridean focuses on providing technological solutions that optimize business operations.
Where is Abridean headquartered?
Abridean is headquartered in Halifax, Canada.
Which VCs invest in companies like Abridean?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Abridean's stage. Their profiles are linked below.
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