# Softgate Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/softgate-systems

- Industry: Financial Services
- Headquarters: Fairfield, US
- Website: www.softgatesystems.com
- Total disclosed funding: $7.3M
- Latest round: Series D (Apr 30, 2014)
- Investors on record: 5

## About

Softgate Systems, Inc. focuses on delivering innovative technology solutions for businesses, enhancing efficiency and security across various sectors. The company is dedicated to providing advanced digital services to its clients.Founded in 1993 in Fairfield, US, Softgate Systems, Inc. specializes in technology solutions aimed at improving business operations. In July 2015, the company reached a significant milestone when TIO Networks agreed to acquire it for USD 31.00 mn, with the completion of the deal occurring in April 2016. The firm has completed a total of 9 deals up to this point.Softgate Systems offers a range of technology solutions designed to optimize business processes. Their services include advanced software development, cybersecurity measures, and IT consultancy, tailored to meet the unique needs of their clients across different industries. The company caters to a diverse clientele, ensuring that they address critical operational challenges with effective and secure technology solutions.Softgate Systems generates revenue through service contracts and project-based work, aligning their pricing structures with the complexity and scale of the services provided. Their revenue model includes annual contracts that ensure ongoing support and maintenance for their technological solutions, establishing a stable income stream for the firm.Looking ahead, Softgate Systems intends to leverage its recent acquisition by TIO Networks to enhance its product offerings and expand into new markets. The company plans to introduce several new digital solutions by the end of 2023, focusing on enhancing cybersecurity measures for its clients. Additionally, they are targeting expansion into the European and Asia-Pacific markets, aiming to establish a stronger presence in these regions by mid-2024. The funding from the acquisition will be utilized to support these initiatives, allowing for increased research and development efforts.

## Funding rounds

- Series D, Apr 30, 2014, $4M — Edison Partners, Hamilton Investment Partners, FSPM, FPF
- Series C, Mar 30, 2012, $0.3M — Edison Partners
- Series C, Jul 8, 2011, $0.8M — Edison Partners
- Series E, Jun 29, 2010, $2.3M — Edison Partners, Old Lane, LP
- Series A, Feb 24, 2005 — Edison Partners

## Investors

- Edison Partners (https://capitalatlas.ai/funds/edison-partners) — Series A, Series E, Series C, Series D
- Old Lane, LP — Series E
- Hamilton Investment Partners (https://capitalatlas.ai/funds/hamilton-investment-partners) — Series D
- FSPM — Series D
- FPF — Series D