Erlang Technology
Latest round
- Series C
Last raised
- Mar 2003
Total raised
- $12M
Investors
- 6
About Erlang Technology
Erlang Technology was founded in 1999 and is headquartered in St. Louis, US. The company focuses on developing software applications that streamline operations across multiple industries.Erlang Technology’s primary offerings focus on delivering innovative solutions tailored to meet specific needs in various sectors. Their core products encompass advanced software applications designed to streamline operations, enhance productivity, and improve customer engagement across multiple industries. These solutions address critical challenges such as operational inefficiencies and customer satisfaction, primarily targeting businesses seeking to optimize their workflows. The company serves a diverse clientele, including small to medium-sized enterprises, large corporations, and governmental institutions, emphasizing markets in North America and Western Europe.Erlang Technology's revenue model is structured around a combination of direct-to-consumer sales, B2B partnerships, and subscription-based services. Clients can engage with the company's flagship products through annual subscriptions, which offer tiered pricing plans based on usage and features, ensuring flexibility for different business sizes and needs. In addition to direct sales, the company collaborates with various wholesalers and retailers, allowing for broader distribution and accessibility of its products. Transactions typically involve clients purchasing licenses for software applications, along with optional service packages for ongoing support and updates.7 mn, secured in March 2003, to support its growth initiatives. The company is working on designing new software products aimed at enhancing user experience, with potential launch dates expected in the upcoming fiscal year. Additionally, Erlang Technology aims to expand its reach into new geographic regions, specifically targeting emerging markets in Asia and South America by 2004.
Who invested in Erlang Technology
6 investors across 1 round
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Funding rounds
Series C
Mar 17, 2003
Amount
$12M
Investors
Questions about Erlang Technology
Who invested in Erlang Technology?
Erlang Technology has 6 investors 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 Erlang Technology raised?
Erlang Technology has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Erlang Technology last raise money?
Erlang Technology's most recent round on record is a Series C, in Mar 2003.
What does Erlang Technology do?
Erlang Technology was founded in 1999 and is headquartered in St.
Where is Erlang Technology headquartered?
Erlang Technology is headquartered in St. Louis, US.
Which VCs invest in companies like Erlang Technology?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back semiconductors companies at Erlang Technology's stage. Their profiles are linked below.
VCs backing semiconductors startups at Series C
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