# Blue Hexagon

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blue-hexagon

- Industry: Software
- Headquarters: Sunnyvale, US
- Website: www.bluehexagon.ai
- Total disclosed funding: $37M
- Latest round: Series B (Feb 5, 2019)
- Investors on record: 2

## About

Blue Hexagon Inc. offers advanced technology solutions that enhance operational efficiency and user experience across sectors such as healthcare, finance, and retail through innovative data management and analytics software.Founded in 2017 and headquartered in Sunnyvale, US, Blue Hexagon Inc. specializes in innovative software solutions for data management and analytics. The company has undergone a significant pivot by being acquired by Qualys, Inc. in October 2022, although financial terms were not disclosed. The co-founders, Nayeem Islam and Saumitra Das, have a history of entrepreneurial success, with Nayeem Islam currently serving as the CEO.Blue Hexagon Inc. provides innovative software platforms that enhance data management and analytics to optimize business processes. Their solutions are designed to streamline workflows, enhance decision-making, and improve productivity for diverse industries including healthcare, finance, and retail. The company serves a global clientele, focusing on medium to large enterprises across North America, Europe, and Asia, thereby addressing critical operational challenges faced by businesses.The company's revenue model is based on subscription services and enterprise partnerships. Clients typically engage through annual licensing agreements that encompass software updates and support. The products, recognized for their extensive features, are often contracted through multi-year agreements, allowing clients to choose packages that align with their operational needs while maintaining strong client relationships.Moving forward, Blue Hexagon Inc. aims to expand its product offerings and enhance its market presence. The recent funding of USD 31.00 mn from the Series B round, closed in October 2022, will support the development of new solutions and facilitate entry into additional markets. As part of its growth strategy, the company is also considering targeting increased engagement in sectors where data management is critical, although specific timelines for these initiatives have not been detailed.

## Funding rounds

- Series B, Feb 5, 2019, $31M — Benchmark, Altimeter Capital
- Series A, Sep 29, 2017, $5.9M — Benchmark

## Investors

- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B
- Altimeter Capital (https://capitalatlas.ai/funds/altimeter-capital) — Series B