# Serica Technologies

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

- Industry: Medical Devices & Equipment
- Headquarters: Medford, US
- Website: www.sericainc.com
- Total disclosed funding: $12M
- Latest round: Series C (Jan 12, 2007)
- Investors on record: 3

## About

Serica Technologies, Inc. specializes in digital solutions that include web hosting and domain management services, enhancing online presence for businesses of all sizes.Founded in 1998 in Medford, US, Serica Technologies, Inc. focuses on digital solutions for web hosting and domain management. The company experienced a significant business evolution with Allergan Inc's acquisition in February 2010. Fredrik Nillenstedt, one of the founders, leads the company as CEO. The latest funding round was a Series C, raising USD 12.000 mn, which is the total amount raised to date, with a current company valuation of USD 26.956 mn.Serica Technologies, Inc. provides a variety of digital solutions centered around web hosting and domain management. Their primary offerings include shared hosting, virtual private servers (VPS), and dedicated server options, designed for individual entrepreneurs and small to medium-sized enterprises. These services allow clients to effectively establish their online presence, manage websites, emails, and databases, while addressing critical issues such as website downtime and data loss. The company serves a diverse client base across North America, Europe, and parts of Asia, catering to sectors like retail, technology, and e-commerce.The company's revenue is primarily generated through subscription-based models linked to their web hosting and server services. Clients choose from various hosting packages tailored to their needs, billed on a recurring basis, either monthly or annually. The pricing structure is tiered to accommodate different user scales, from basic personal websites to more sophisticated enterprise solutions. Additionally, Serica Technologies, Inc. collaborates with resellers and affiliates, further extending their market reach and revenue potential, focusing on reliable and scalable hosting solutions.Serica Technologies, Inc. aims to develop new product offerings to enhance its service suite, with specific details on launch dates yet to be disclosed. The company is also planning to enter new markets, targeting expansion into additional regions, although specific markets are not yet identified. The funding raised in the most recent Series C round, totaling USD 12.000 mn, will be allocated to support these growth initiatives, facilitating the necessary development and market penetration efforts.

## Funding rounds

- Series C, Jan 12, 2007, $12M — Prism Venture Management, Ivy Capital Partners, 5Y Capital

## Investors

- Prism Venture Management (https://capitalatlas.ai/funds/prism-venture-management) — Series C
- Ivy Capital Partners (https://capitalatlas.ai/funds/ivy-capital-partners) — Series C
- 5Y Capital (https://capitalatlas.ai/funds/5y-capital) — Series C