Memeo
Latest round
- Series C
Last raised
- Feb 2009
Total raised
- $11M
Investors
- 3
About Memeo
Memeo Inc.Founded in 2003 and headquartered in Santa Clara, US, Memeo Inc. specializes in cloud-based data management solutions. The company has pivoted its strategy to meet market demands and was acquired by UNICOM Systems in March 2014 for an undisclosed amount.Memeo specializes in enterprise-grade backup, synchronization, and secure cloud file-sharing solutions designed to empower individuals, small businesses, and large organizations in managing their digital assets. The core offerings include VeroFiles™, a robust service that allows users to consolidate and access critical files effortlessly from a centralized cloud location. These products are engineered to enhance data accessibility while ensuring security and reliability, addressing a variety of end-use cases such as protecting sensitive photos, music, and documents. The company effectively serves a diverse customer base, ranging from individual users looking for personal data management solutions to larger enterprises requiring comprehensive data management services.Memeo generates revenue through a structured model primarily based on subscription services, targeting both B2B and direct-to-consumer segments. Clients engage with the company through various pricing plans that grant access to its suite of products and services, including the flagship VeroFiles™ offering. The transaction structure is designed to facilitate recurring revenue, allowing customers to subscribe on a monthly or annual basis for continual access to cloud storage and backup functionalities. By establishing partnerships with businesses and individual end-users, Memeo ensures a steady flow of transactions, enhancing its market presence and sustaining its growth trajectory. Memeo is focusing on penetrating new markets, particularly in Europe and Asia, with a targeted timeline for significant expansion by 2015.
Who invested in Memeo
3 investors across 3 rounds
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Questions about Memeo
Who invested in Memeo?
Memeo has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Memeo raised?
Memeo has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Memeo last raise money?
Memeo's most recent round on record is a Series C, in Feb 2009.
What does Memeo do?
Memeo is a internet company.
Where is Memeo headquartered?
Memeo is headquartered in Santa Clara, US.
Which VCs invest in companies like Memeo?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Memeo's stage. Their profiles are linked below.
VCs backing internet startups at Series C
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