# gloStream

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/glostream

- Industry: Software
- Headquarters: Troy, US
- Website: www.glostream.com
- Total disclosed funding: $13M
- Latest round: Series C (Oct 26, 2010)
- Investors on record: 1

## About

gloStream delivers innovative digital solutions that optimize online business operations, focusing on website management and marketing tools for small to medium-sized enterprises. Their offerings enhance client engagement and operational efficiency in various industries.Founded in 2006, gloStream is based in Troy, US, and specializes in providing digital solutions for online business management. Yaw Kwakye, the founder, has previously ventured into other entrepreneurial endeavors. The company has raised a total of USD 6.84 mn across five deals, with its most recent funding, a Venture Debt round, occurring on April 2, 2013, amounting to USD 1.24 mn.gloStream offers a comprehensive range of digital solutions aimed at enhancing online business operations. Core products include an advanced website management platform that facilitates easy online presence maintenance and a suite of marketing tools designed to boost visibility and client engagement. These solutions cater to small and medium-sized enterprises across diverse sectors, including retail and professional services, addressing critical challenges such as customer acquisition and brand awareness.The company's revenue model is subscription-based, featuring various pricing tiers that accommodate different customer needs. Clients can select from monthly or annual subscription plans that provide access to key website management and marketing tools. Additionally, gloStream forms partnerships with retailers and wholesalers, generating supplementary revenue streams via strategic alliances. This structured pricing strategy is designed to support both startups and established businesses in achieving their growth goals.gloStream's strategy for future growth includes the development of new product offerings aimed at enhancing their existing service portfolio, with detailed launch timelines to be announced. The company is also planning to expand its reach into new geographic markets, focusing on specific regions in North America and Europe by 2014. The proceeds from the recent funding round, which raised USD 1.236 mn, will be allocated towards supporting product development initiatives and entering these new markets.

## Funding rounds

- Series C, Oct 26, 2010, $6.8M — Beringea
- Series B, May 26, 2009, $6M — Beringea

## Investors

- Beringea (https://capitalatlas.ai/funds/beringea) — Series B, Series C