# NPX Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/npx-technologies

- Industry: Software
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.npx.com
- Total disclosed funding: $13M
- Latest round: Series B (Oct 1, 2007)
- Investors on record: 2

## About

NPX Technologies specializes in innovative solutions and services, focusing on advanced technologies that enhance operational efficiency for various sectors.NPX Technologies develops cutting-edge technological solutions, primarily operating out of Tel Aviv-Yafo, Israel. The company raised USD 11 mn in Series B financing on October 1, 2007, led by Redpoint Ventures and joined by BRM Group. NPX Technologies has engaged in two significant funding rounds since its inception.NPX Technologies offers a range of advanced technological solutions tailored for improving operational workflows across multiple industries. Their services include software development, system integration, and consulting, aimed at enhancing productivity and efficiency for their clients. They serve a diverse clientele, including corporations, government entities, and startups in various sectors worldwide.NPX Technologies generates revenue through its comprehensive suite of services, including project-based software development and ongoing maintenance contracts. Revenue is structured around service fees, with clients typically entering into fixed contracts that ensure consistent cash flow. The financial specifics of these contracts vary depending on the scale and duration of the projects undertaken.Looking ahead, NPX Technologies plans to expand its product offerings with the upcoming launch of a new suite of software solutions designed for cloud integration by the end of 2024. The company is also targeting growth in markets across North America and Europe, aiming to establish a presence in these regions by 2025. The recent USD 11 mn raised in Series B financing will be allocated to support these expansion initiatives, enhancing their research and development capabilities while also facilitating market entry strategies.

## Funding rounds

- Series B, Oct 1, 2007, $11M — BRM Group, Redpoint Ventures
- Series A, Nov 25, 2004, $1.8M — BRM Group

## Investors

- BRM Group (https://capitalatlas.ai/funds/brm-group) — Series A, Series B
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series B