# newScale

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

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.newscale.com
- Total disclosed funding: $66M
- Latest round: Series D (Jun 21, 2007)
- Investors on record: 7

## About

newScale LLC specializes in digital transformation solutions that optimize workflow automation and data management for mid to large-scale enterprises across various sectors, including technology, finance, and healthcare.Founded in 1999 and headquartered in San Mateo, US, newScale LLC develops solutions that enhance business operations. The company was acquired by Cisco Systems in March 2011. It has engaged in 8 funding deals.Newscale.com offers a suite of innovative solutions designed to streamline operations and enhance productivity for its clients across various sectors. The company's core product focuses on digital transformation technologies that facilitate workflow automation and data management, enabling businesses to optimize their processes and drive efficiency. End users include mid to large-scale enterprises that require robust systems for data analysis, project management, and customer relationship management. Newscale's offerings are particularly beneficial in industries such as technology, finance, and healthcare, helping these organizations address challenges like data silos and inefficient communication. The company markets its products primarily in North America and Europe, ensuring a broad reach among its diverse client base.Revenue generation for Newscale.com is driven by a subscription-based model that caters to its B2B clientele. Clients typically engage with the company through tiered subscription plans that offer varying levels of access to the company's flagship products. For example, businesses might subscribe to a basic plan for essential features, while opting for premium plans that include advanced analytics and personalized support. Partnerships with other software providers and integrators further enhance Newscale’s revenue streams, enabling clients to seamlessly incorporate Newscale’s offerings into their existing systems. The consistent influx of subscription fees provides financial stability, allowing for ongoing product development and customer support.NewScale LLC plans to launch new products that enhance their digital transformation offerings, aiming for a release in 2022. The company is targeting expansion into the Asian market, specifically Japan and South Korea, by 2023. The funding raised in March 2011 will be utilized to support these growth initiatives, particularly in product development and market entry strategies.

## Funding rounds

- Series D, Jun 21, 2007, $11M — Menlo Ventures, New Enterprise Associates, Greenspring Associates, Crosslink Capital, Parker Price Venture Capital, Cross Creek, Chess Ventures
- Series C, Jan 24, 2006, $7M — Menlo Ventures, New Enterprise Associates, Greenspring Associates, Crosslink Capital, Parker Price Venture Capital, Chess Ventures
- Series C, Dec 21, 2004, $15M — Menlo Ventures, New Enterprise Associates, Greenspring Associates, Crosslink Capital, Parker Price Venture Capital, Chess Ventures
- Series B, Nov 17, 2003, $4M — Menlo Ventures, Crosslink Capital
- Series B, Aug 13, 2002, $14M — Menlo Ventures, New Enterprise Associates, Crosslink Capital
- Series A, Feb 8, 2001, $15M — New Enterprise Associates, Crosslink Capital

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B, Series C, Series D
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series A, Series B, Series C, Series D
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series B, Series C, Series D
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series C, Series D
- Parker Price Venture Capital (https://capitalatlas.ai/funds/parker-price-venture-capital) — Series C, Series D
- Chess Ventures (https://capitalatlas.ai/funds/chess-ventures) — Series C, Series D
- Cross Creek (https://capitalatlas.ai/funds/cross-creek) — Series D