MoreCom

MoreCom, Inc. provides advanced communication solutions enhancing connectivity for businesses.MoreCom, Inc. specializes in delivering communication solutions to businesses. Founded in 1997, the company is headquartered in Brooklyn Park, US. In March 2000, MoreCom was acquired by Liberate Ideas, Inc.4 mn. The company has completed 4 deals to date, with its latest deal occurring on March 27, 2000.MoreCom specializes in delivering innovative communication solutions designed to enhance connectivity for businesses across various sectors. Their core offerings include a range of telecommunications services that streamline both internal and external communications, enabling seamless collaboration among employees and clients. The products are tailored to meet the unique needs of small to medium enterprises (SMEs) and large corporations, addressing challenges such as inefficient communication channels and the need for reliable connection solutions. The company operates in several geographical markets, including North America, Europe, and parts of Asia, where it has established a diverse client base that includes businesses in retail, healthcare, and technology sectors.MoreCom generates revenue primarily through a subscription-based model, offering clients a variety of pricing plans that cater to different needs and scales of operation. Clients typically engage with MoreCom for comprehensive communication packages, which may include voice services, video conferencing solutions, and integrated messaging platforms. These services are often sold directly to consumers and businesses, fostering long-term partnerships that enhance customer loyalty and retention. A standard transaction might involve a business subscribing to a bundled telecommunications package, which provides access to multiple services at a discounted rate compared to purchasing them separately.In March 2000, Liberate Ideas, Inc. acquired MoreCom, Inc.4 mn, with the acquisition completed in June 2000. This capital will likely support future growth initiatives, including the design and launch of new products, although specific upcoming products or release dates are not detailed. Additionally, MoreCom plans to explore expansion into new geographic regions, although specific markets targeted for this expansion are currently not disclosed.

1. Series F

   Jun 28, 1999

   Amount

   Undisclosed

   Investors

   Locked

2. Series B

   Jul 20, 1998

   Amount

   Undisclosed

   Investors

   Locked

3. Series A

   Sep 1, 1997

   Amount

   Undisclosed

   Investors

   Locked