# CMS Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cms-technology

- Industry: Chemicals
- Headquarters: Bridgewater, US
- Website: www.cmstechnology.com
- Total disclosed funding: $5M
- Latest round: Series A (Sep 29, 2016)
- Investors on record: 1

## About

CMS Technology, Inc. is a technology solutions provider specializing in software development, cloud services, and IT consulting, dedicated to enhancing business efficiency and productivity for a diverse client base.Founded in 2011 in Bridgewater, US, CMS Technology, Inc. focuses on delivering advanced technology solutions. The firm has completed two significant deals, with the most recent being a Venture Debt round in November 2018, raising USD 0.95 mn, contributing to a total amount raised of USD 5.00 mn. The CEO is John Meccia.CMS Technology specializes in delivering advanced technology solutions, including software development, cloud services, and IT consulting. Their offerings are designed to optimize business operations and increase productivity for various clients, ranging from large enterprises to small and medium-sized businesses. The company addresses key areas such as data management, cybersecurity, and process automation, serving clients across North America, Europe, and the Asia-Pacific region, particularly in finance, healthcare, and telecommunications. Over the last five years, CMS Technology has continually evolved its services to meet changing market demands.CMS Technology's revenue model is primarily based on subscription services and consulting contracts, ensuring consistent income from its clients. They engage clients through customized IT solutions, which can include either multi-year agreements or one-time projects. Their flagship offerings encompass comprehensive software packages that are billed monthly or annually, providing ongoing access to updates and support. Additionally, CMS Technology collaborates with wholesalers to distribute its cloud solutions, broadening its market reach while offering structured pricing plans tailored to different client needs.CMS Technology, Inc. plans to expand its product lineup, with upcoming launches of new software solutions aimed at enhancing operational efficiency. The company is also targeting expansion into new geographic markets, particularly in Europe and the Asia-Pacific region, with a timeline set for completion by 2025. The recent Venture Debt funding of USD 0.95 mn raised in November 2018 will support these initiatives by enhancing product development and facilitating market entry strategies.

## Funding rounds

- Series A, Sep 29, 2016, $5M — WP Global Partners

## Investors

- WP Global Partners — Series A