# Net Transmit & Receive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/net-transmit-receive

- Industry: Software
- Headquarters: Barcelona, Spain
- Website: www.ntr.es
- Total disclosed funding: $16M
- Latest round: Series B (Apr 18, 2006)
- Investors on record: 4

## About

Net Transmit & Receive specializes in delivering innovative software solutions that enhance business operations and customer interaction across multiple sectors, including technology, retail, and services.Net Transmit & Receive, founded in 2000 in Barcelona, Spain, develops advanced software platforms tailored to business needs. The company underwent a strategic shift and was acquired by ASG Technologies in March 2012. Its CEO, Johan Moden, leads the firm following his experience in previous ventures. The company has completed a total of 3 deals, with its latest funding round being a Series B in which it raised USD 14.30 mn, bringing the total amount raised to USD 14.30 mn.Net Transmit & Receive offers a comprehensive suite of innovative solutions designed to address the unique challenges faced by businesses in various sectors. Their core product line includes advanced software platforms that facilitate streamlined operations, enhance customer engagement, and improve overall business efficiencies. By focusing on the integration of technology, the company aims to empower organizations to optimize their workflows and drive growth. Net Transmit & Receive serves a diverse clientele, including small to medium-sized enterprises and larger corporations in the technology, retail, and service industries, with offerings marketed across Europe, North America, and parts of Asia.In 2011, Net Transmit & Receive reported a revenue of USD 21,295,382.50 and an EBITDA of USD 1,826,704.90. Their revenue model is structured around B2B transactions, engaging clients through subscription and licensing agreements that provide access to their software solutions, ensuring continuous updates and support.Looking ahead, Net Transmit & Receive plans to launch new software products aimed at further enhancing operational efficiency for businesses, although specific release dates have not been disclosed. The company is also targeting market expansion into Asia and North America by the end of 2013. The recent funding from their Series B round will be utilized to support these initiatives and enhance product development, allowing them to better meet client needs and expand their market reach.

## Funding rounds

- Series B, Apr 18, 2006, $14M — Elaia Partners, Debaeque Venture Capital
- Series B, Jan 7, 2005, $1.5M — Highgrowth, FonsInnocat

## Investors

- Highgrowth (https://capitalatlas.ai/funds/highgrowth) — Series B
- FonsInnocat — Series B
- Elaia Partners (https://capitalatlas.ai/funds/elaia-partners) — Series B
- Debaeque Venture Capital (https://capitalatlas.ai/funds/debaeque-venture-capital) — Series B