# Allen Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/allen-technologies

- Industry: Healthcare
- Headquarters: Austin, US
- Website: www.allentek.com
- Total disclosed funding: $7M
- Latest round: Series B (May 22, 2006)
- Investors on record: 3

## About

Allen Technologies Inc. is a technology company focused on developing innovative software solutions to enhance operational efficiency across various sectors, including manufacturing, logistics, and information technology.Founded in 1977, Allen Technologies Inc. operates from its headquarters in Austin, US. The company specializes in software applications for data management and analytics, serving a diverse clientele. Allen Technologies has raised USD 2.00 mn in Series B funding from Greylock Partners as of May 22, 2006, marking its third funding deal. The current company valuation stands at USD 6.039 mn.Allen Technologies specializes in innovative technological solutions designed to enhance operational efficiency. Its product offerings include advanced software applications for data management, analytics, and automation, primarily targeting sectors such as manufacturing, logistics, and information technology. The company's solutions enable streamlined workflows and provide actionable insights, benefiting operational managers and data analysts in mid-sized enterprises and large corporations, particularly across North America and Europe.Allen Technologies generates revenue through subscription-based services and direct sales of its software solutions. The company utilizes annual licensing agreements with tiered pricing based on deployment scale and features. Strategic partnerships further enhance its revenue opportunities, contributing to its financial stability and growth within the software as a service (SaaS) market.Allen Technologies plans to leverage its recent funding of USD 2.00 mn from the Series B round in May 2006 to support the launch of new products aimed at expanding its service offerings. The company is targeting growth in new geographic regions, with plans to enter additional markets in North America and Europe over the next 2 years. This strategic focus on innovation and market expansion reflects the company's commitment to addressing evolving operational needs.

## Funding rounds

- Series B, May 22, 2006, $2M — Greylock Partners
- Series A, Jan 13, 2005, $5M — Greyrock Capital Group, Fundamental Capital

## Investors

- Greyrock Capital Group (https://capitalatlas.ai/funds/greyrock-capital-group) — Series A
- Fundamental Capital (https://capitalatlas.ai/funds/fundamental-capital) — Series A
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series B