# iConclude

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

- Industry: Software
- Headquarters: Bellevue, US
- Website: www.iconclude.com
- Total disclosed funding: $12M
- Latest round: Series B (Apr 10, 2006)
- Investors on record: 4

## About

iConclude is a provider of online collaboration and workflow management solutions, helping teams streamline processes and enhance productivity through effective tools and platforms.iConclude specializes in workflow management solutions designed to improve team collaboration. The company was acquired by Opsware in March 2007 for USD 53 mn. The headquarters is located in Bellevue, US. The founder's history and prior ventures are not publicly detailed.iConclude offers comprehensive solutions for online collaboration and workflow management, enabling organizations to optimize their project processes and enhance team productivity. Their platforms are aimed at a diverse audience, including businesses and organizations seeking to improve operational efficiency. The company serves clients primarily in North America, helping them to effectively manage and streamline their workflows.iConclude generates revenue through its suite of collaboration and workflow management tools, which are sold directly to organizations. This transactional model focuses on delivering value through enhanced operational capabilities. The company's pricing reflects the service's value, ensuring immediate access to its solutions.Following its acquisition by Opsware in March 2007, iConclude plans to leverage this partnership to enhance its product offerings and expand into new markets. The company intends to introduce new features and tools designed to better serve the evolving demands of workflow management. Expansion efforts will target emerging technology sectors in North America and Europe over the next few years as part of their strategic growth initiative.

## Funding rounds

- Series B, Apr 10, 2006, $9M — Shasta Ventures, Greylock Partners, Madrona Venture Group
- Series A, Aug 31, 2005, $3M — Madrona Venture Group, Cronus Ventures

## Investors

- Madrona Venture Group (https://capitalatlas.ai/funds/madrona-venture-group) — Series A, Series B
- Cronus Ventures (https://capitalatlas.ai/funds/cronus-ventures) — Series A
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series B
- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series B