# RiverGlass

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

- Industry: Software
- Headquarters: Champaign, US
- Website: www.riverglassinc.com
- Total disclosed funding: $1M
- Latest round: Series B (Dec 12, 2006)
- Investors on record: 3

## About

RiverGlass Inc. focuses on advanced analytics and data management solutions, enabling organizations to leverage their data assets effectively. The company specializes in providing robust IT modernization services tailored to various sectors.Founded in 2003 and headquartered in Champaign, US, RiverGlass Inc. is known for its data management solutions. In October 2011, the company was acquired by ASG Software Solutions, marking a strategic pivot to enhance its operational capabilities. The company has engaged in four total deals, with its most recent deal occurring on October 12, 2011. The latest funding round raised USD 2.40 mn, led by notable investors including COUNTRY Financial, Illinois Ventures, and RPM Ventures. The total amount raised by RiverGlass Inc. amounts to USD 2.40 mn.RiverGlass Inc. specializes in IT modernization solutions, focusing on hybrid cloud services and data management. Their core products include innovative data integration and management tools designed to enhance cybersecurity, operational efficiency, and support data-driven decision-making for businesses dealing with complex IT challenges. The company serves a diverse clientele, including over 12,500 organizations globally, and markets its solutions strategically across North America, Europe, and Asia-Pacific.RiverGlass Inc. generates revenue through a mix of subscription-based models, strategic partnerships, and direct sales of its flagship products. Clients typically engage in long-term modernization projects, with revenue structured around annual subscriptions for software licenses and maintenance services. Their B2B model includes contracts for critical services such as cybersecurity and data management enhancements, with pricing plans tailored to meet client needs and project complexities.RiverGlass Inc. is focusing on enhancing its product offerings and expanding into new markets. The company aims to introduce new analytics tools designed to streamline data processes by 2013. Additionally, RiverGlass is targeting growth in the European and Asia-Pacific regions, leveraging recent funding secured in October 2011 to support these expansion efforts. This funding will facilitate the development of new products and the exploration of regional market opportunities.

## Funding rounds

- Series B, Dec 12, 2006, $1M — Illinois Ventures, RPM Ventures, COUNTRY Financial

## Investors

- Illinois Ventures (https://capitalatlas.ai/funds/illinois-ventures) — Series B
- RPM Ventures (https://capitalatlas.ai/funds/rpm-ventures) — Series B
- COUNTRY Financial — Series B