# Alfresco Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/alfresco-software

- Industry: Software
- Headquarters: Wellesley, US
- Website: www.alfresco.com
- Total disclosed funding: $80M
- Latest round: Series D (Aug 21, 2014)
- Investors on record: 5

## About

Alfresco Software, Inc. provides an open-source content management platform that streamlines processes, enhances collaboration, and improves governance for diverse industries including healthcare, financial services, and education.Founded in 2005 in Wellesley, US, Alfresco Software, Inc. specializes in content management solutions. In September 2020, Hyland Software, Inc. acquired a stake in Alfresco from Thomas H. Lee Partners for an undisclosed amount. The company has completed a total of 8 deals, with its latest funding round being a Secondary Buyout amounting to GBP 312.00 mn, raising a total of GBP 312.00 mn overall. Alfred Feris serves as the CEO of the company.Alfresco offers a comprehensive suite of open-source content, process, and governance management solutions through its flagship product. The cloud-native platform integrates content services with intelligent process management, facilitating efficient workflows and informed decision-making. Its client base spans various industries, enabling access to critical information on any device and automating information lifecycles to mitigate risks. Alfresco's offerings are tailored to meet the needs of departments such as accounting, human resources, and legal, with substantial market presence in North America, Europe, and Asia-Pacific.In the year 2019, Alfresco Software, Inc. reported a revenue of GBP 140.00 mn, with an EBITDA of GBP 35.00 mn. The revenue model primarily includes subscription-based services and direct sales of the Alfresco platform, with clients engaging on a contractual basis for software access and associated services.Alfresco Software plans to leverage its recent funding to enhance its product offerings and expand into new markets. The company is focused on developing new solutions to address evolving client needs and aims to penetrate additional markets in Europe and Asia-Pacific by 2023. The acquisition of a stake by Hyland in September 2020 will support these initiatives, providing the necessary resources for product development and market expansion.

## Funding rounds

- Series D, Aug 21, 2014, $45M — Accel, Mayfield Fund, Sageview Capital, Sapphire Ventures
- Series C, Feb 5, 2008, $9M — Accel, Mayfield Fund, Sapphire Ventures
- Series B, Feb 6, 2006, $8.1M — Accel, Mayfield Fund
- Series A, Jun 10, 2005, $2.2M — Accel
- Series B, Jan 29, 2004, $9.5M — Accel
- Series A, May 29, 2002, $6M — Accel, Balderton Capital

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B, Series C, Series D
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A
- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series B, Series C, Series D
- Sapphire Ventures (https://capitalatlas.ai/funds/sapphire-ventures) — Series C, Series D
- Sageview Capital (https://capitalatlas.ai/funds/sageview-capital) — Series D