# Exenet Technologies

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

- Industry: IT Infrastructure
- Headquarters: New York, US
- Website: www.exenet.com
- Total disclosed funding: $6.5M
- Latest round: Series B (Oct 23, 2001)
- Investors on record: 3

## About

Exenet Technologies, Inc. specializes in delivering innovative web solutions to enhance businesses' online presence and user engagement through reliable hosting and development services.Founded in 1997, Exenet Technologies, Inc. is headquartered in New York, US, providing web solutions tailored for various sectors. The company raised USD 6.5 mn in Series B financing from Telecom Partners, Adams Street Partners, and CIBC Capital Partners on October 23, 2001, marking its second investment round.Exenet.com offers comprehensive web hosting services utilizing Cloudflare's security features, focusing on reliability and speed for e-commerce platforms and enterprises. Additionally, it provides customizable website development to enhance user interaction, serving a diverse clientele across North America, Europe, and Asia.Exenet generates revenue through subscription-based web hosting services and website development projects, with clients typically entering annual agreements for a suite of features. Their pricing structure is tiered, accommodating various service needs, including advanced plans with enhanced security and storage. Partnerships with digital marketing firms enable Exenet to additionally provide complementary services, thereby bolstering their clients' online visibility.Exenet Technologies, Inc. plans to leverage its recent funding of USD 6.5 mn from the Series B financing to develop new web solutions and expand into additional markets. Specific geographic regions targeted for expansion include Asia and Europe, with initiatives expected to roll out in the coming years. The funding will support the development of innovative products aimed at enhancing online engagement and performance.

## Funding rounds

- Series B, Oct 23, 2001, $6.5M — Adams Street Partners, CIBC Capital Partners, Telecom Partners

## Investors

- Adams Street Partners (https://capitalatlas.ai/funds/adams-street-partners) — Series B
- CIBC Capital Partners — Series B
- Telecom Partners (https://capitalatlas.ai/funds/telecom-partners) — Series B