# Sencha

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

- Industry: Software
- Headquarters: Austin, US
- Website: www.sencha.com
- Total disclosed funding: $29M
- Latest round: Series B (Oct 25, 2011)
- Investors on record: 3

## About

Sencha, Inc. is a software development company that specializes in tools for building web applications, enhancing user interface capabilities, and optimizing development processes for developers across various industries.Founded in 2007 in Austin, US, Sencha, Inc. provides software solutions that streamline web application development. The company has received funding through several rounds, including a SERIES B round in August 2017, raising USD 15.00 mn led by Icon Ventures. In that same month, Idera, Inc., a portfolio company of HGGC and TA Associates, acquired Sencha, Inc. Financial terms of the acquisition were not disclosed.  Sencha, Inc. is recognized for its innovative software development tools, which streamline application creation and enhance user interface capabilities for developers. Its flagship offerings include a comprehensive suite designed to facilitate the development of high-performance web applications, catering to industries that require robust, scalable solutions. These products improve the efficiency of the development process and enable businesses to deliver seamless user experiences across multiple platforms, including mobile and desktop environments. The company serves a diverse clientele across various sectors such as finance, education, and healthcare, with clients ranging from small startups to large enterprises, and its products are marketed extensively in North America, Europe, and parts of Asia.Sencha, Inc.'s revenue model is primarily based on a subscription structure, allowing clients to access its software tools and services through tiered pricing plans tailored to different user needs. This transactional framework supports both B2B and direct-to-consumer interactions, with clients subscribing to annual or monthly plans for varying levels of access to the company's products. The pricing strategy accommodates both individual developers and large teams, with flagship products available under specific plans that facilitate scalability and flexibility. Additionally, partnerships with key industry players enhance revenue generation opportunities through long-term agreements that provide consistent income streams.Sencha, Inc. is focused on expanding its offerings and market presence. The company will utilize the recent funding from its SERIES B round to enhance its product portfolio and develop new tools aimed at improving user experience in web application development. With a strategy to enter new geographic markets, Sencha is targeting expansion into Europe and Asia by 2020. Following its acquisition by Idera, Inc., the company aims to leverage synergies to accelerate growth and increase its market share in the software development sector.

## Funding rounds

- Series B, Oct 25, 2011, $15M — Radar Partners, Hong Shan, Icon Ventures
- Series A, Jun 23, 2010, $14M — Radar Partners, Hong Shan

## Investors

- Radar Partners (https://capitalatlas.ai/funds/radar-partners) — Series A, Series B
- Hong Shan — Series A, Series B
- Icon Ventures (https://capitalatlas.ai/funds/icon-ventures) — Series B