# Neebula Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/neebula-systems

- Industry: Software
- Headquarters: Hod HaSharon, Israel
- Website: www.neebula.com
- Total disclosed funding: $26M
- Latest round: Series B (Aug 23, 2010)
- Investors on record: 5

## About

Neebula Systems Ltd. is a technology firm based in Hod HaSharon, Israel, that focuses on optimizing operational efficiency through innovative software solutions for various industries.Neebula Systems Ltd. specializes in technological solutions that enhance business operations. Founded in 2009 in Hod HaSharon, Israel, the company has successfully completed four deals. In July 2014, ServiceNow acquired Neebula for USD 100 mn. The firm was co-founded by individuals with a background in technology and software development, reinforcing their expertise in the field.The company specializes in delivering innovative technology solutions aimed at enhancing operational efficiency across various industries. Their core product offerings include a comprehensive software platform that integrates data analytics, supply chain management, and customer relationship management into a single interface. This platform is designed to streamline workflows, increase productivity, and provide actionable insights for businesses in sectors such as retail, manufacturing, and logistics. Released in the last two years, the software has attracted a diverse client base that includes mid-sized enterprises and large corporations primarily in North America and Europe. As the demand for digital transformation grows, the company has positioned itself to serve a wide array of end users, ranging from supply chain managers to marketing teams, all seeking to leverage technology to solve complex business challenges.The company's revenue model is primarily based on subscription services, supplemented by strategic partnerships with key enterprises. Clients engage with the company through annual subscription plans that provide access to their flagship software platform, which includes tiered pricing structures based on the number of users and features utilized. For instance, larger organizations may opt for higher-tier plans that offer advanced analytics and dedicated support, while smaller clients may choose more basic packages to meet their specific needs. The company also generates revenue through consulting services that assist clients in optimizing their use of the platform, fostering long-term relationships with its customer base. Overall, the transactional structure is rooted in providing value through ongoing support and enhanced functionality, ensuring clients can maximize their investment in the company’s solutions.Neebula Systems aims to expand its product offerings by designing and launching new features for its software platform, with anticipated releases in the next 12 months. The company plans to enter new markets, specifically targeting regions in Europe and North America, by 2025. The funding from the recent acquisition will be utilized to support these expansion initiatives and enhance product development.

## Funding rounds

- Series B, Aug 23, 2010, $15M — Accel, Hong Shan
- Series A, Jun 1, 2010, $5.8M — Hong Shan, VMware, Inc.
- Series A, Jun 29, 2009, $5M — Pitango, Genesis Partners

## Investors

- Pitango (https://capitalatlas.ai/funds/pitango) — Series A
- Genesis Partners (https://capitalatlas.ai/funds/genesis-partners) — Series A
- Hong Shan — Series A, Series B
- VMware, Inc. — Series A
- Accel (https://capitalatlas.ai/funds/accel) — Series B