# Gecad Technologies

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

- Industry: Software
- Headquarters: Bucharest, Romania
- Website: www.axigen.com
- Total disclosed funding: $4.8M
- Latest round: Series A (Nov 14, 2007)
- Investors on record: 3

## About

Gecad Technologies specializes in premium mail server solutions, providing scalable and customizable software primarily for telecommunications companies, ISPs, and hosting providers to enhance their email communication capabilities.Founded in 2001 in Bucharest, Romania, Gecad Technologies develops advanced mail server software solutions. The company has engaged in 3 funding rounds, with the most recent being a Series A round in March 2014, which raised EUR 2.00 mn from investors including 3TS Capital Partners, GECAD Ventures, and Global Finance. The company was sold to Modulo Consulting in March 2014 for an undisclosed amount. The CEO of Gecad Technologies is Bogdan Moldovan.Axigen offers a premium, scalable mail server software solution designed primarily for telecommunications companies (Telcos), Internet Service Providers (ISPs), and hosting providers. The core product is a fully-featured, customizable mail server platform that supports high volumes of email traffic across various deployment environments, including bare-metal servers, virtualized systems, and cloud-native setups. Axigen's software emphasizes reliability, security, and extensibility, providing customers with robust features such as a comprehensive security stack, APIs for integration, and customization capabilities to meet diverse client needs. Targeting international markets, the platform caters to businesses seeking reliable email hosting solutions, enabling them to manage communications effectively while ensuring compliance with privacy regulations. Axigen’s clientele includes service providers that serve thousands to millions of end-users, enhancing their service offerings with Axigen's software.In the most recent financial year of 2023, Gecad Technologies reported revenue of EUR 3,381,996.80, with an EBITDA of EUR 96,392. The company generates revenue primarily through licensing its mail server software to service providers, structured around subscription-based models that allow clients to select tiered pricing plans according to their operational needs.Gecad Technologies is focused on expanding its product offerings and geographic presence. The company is planning to enhance its mail server software with new features aimed at improving user experience and compliance, expected to launch in late 2024. Additionally, Gecad is targeting new markets in Asia and North America for expansion by 2025, leveraging its recent funding of EUR 2.00 mn from Series A to support these initiatives.

## Funding rounds

- Series A, Nov 14, 2007, $2.8M — Global Finance, 3TS Capital Partners, GECAD Ventures
- Seed, Sep 1, 2004, $2M — GECAD Ventures

## Investors

- GECAD Ventures (https://capitalatlas.ai/funds/gecad-ventures) — Seed, Series A
- Global Finance (https://capitalatlas.ai/funds/global-finance) — Series A
- 3TS Capital Partners (https://capitalatlas.ai/funds/3ts-capital-partners) — Series A