# Iqua

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

- Industry: Telecoms
- Headquarters: Espoo, Finland
- Website: www.iqua.com
- Total disclosed funding: $5.7M
- Latest round: Series B (Dec 1, 2006)
- Investors on record: 3

## About

Iqua is a technology company focused on enhancing communication and productivity through innovative telecommunication systems and collaborative software designed for various sectors.Iqua operates in the technology sector, providing solutions that enhance communication. The company is headquartered in Espoo, Finland. In October 2009, Iqua was acquired by SAVOX Communications. The current CEO, Mark Bodley, leads the company, which has completed a total of 3 deals. The latest funding round, a Series B, raised USD 2.66 mn from Viking Growth, bringing the total amount raised to USD 2.66 mn.Iqua.com specializes in a range of innovative technology solutions aimed at enhancing communication and productivity for various sectors. The company's core offerings include advanced telecommunication systems and collaborative software that streamline workflow across diverse industries. These products are designed to address specific challenges such as improving connectivity, enhancing user experience, and offering robust data management capabilities. Iqua.com serves a wide array of end users, including businesses in the telecommunications sector, educational institutions, and remote working professionals, ensuring that their solutions cater to both corporate clients and individual users. The company markets its products primarily in North America and Europe, positioning itself in the technology space by providing tailored solutions that meet the unique needs of each geographical area.Iqua.com generated revenue of USD 10,307.5 mn in the most recent year, 2013, with an EBITDA of USD 2,073.0 mn. The company engages with clients through a mix of B2B partnerships and direct-to-consumer transactions, allowing it to capture a diverse customer base. Clients typically enter into service agreements that outline specific terms for the use of Iqua's flagship products, which may include options for annual subscription plans or one-time purchase agreements. Revenue streams are bolstered by ongoing maintenance contracts and customer support services, ensuring sustained engagement with users.Iqua plans to leverage its recent funding from the Series B round to enhance its product offerings and expand its market reach. The company is actively designing new products aimed at improving user connectivity and experience, with anticipated launches in the upcoming fiscal year. Additionally, Iqua targets expansion into new geographic regions to increase its market footprint, with specific focus on North American and European markets by the end of 2024. This growth strategy is supported by the funding acquired in October 2009, which will be utilized to strengthen product development and enhance service delivery.

## Funding rounds

- Series B, Dec 1, 2006, $2.7M — Viking Growth
- Series A, Jan 1, 2006, $3.1M — Eqvitec Partners, Tesi

## Investors

- Eqvitec Partners (https://capitalatlas.ai/funds/eqvitec-partners) — Series A
- Tesi (https://capitalatlas.ai/funds/tesi) — Series A
- Viking Growth (https://capitalatlas.ai/funds/viking-growth) — Series B