# StarBak Communications

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/starbak-communications

- Industry: Marketing/Advertising
- Headquarters: Burlington, US
- Website: www.starbak.com
- Total disclosed funding: $9M
- Latest round: Series C (Apr 25, 2006)
- Investors on record: 3

## About

StarBak Communications Inc. is a digital solutions provider that specializes in innovative software products aimed at enhancing business operations and client engagement across various sectors.Founded in 2000 in Burlington, US, StarBak Communications Inc. operates as a digital solutions firm that focuses on delivering software products tailored for operational efficiency. The company has successfully raised USD 1.00 mn in its latest funding round, the Series C, with contributions from investors such as Atlas Venture and Venrock. To date, the company has completed a total of 6 deals, achieving a current valuation of USD 27.687 mn.StarBak Communications Inc. provides a suite of innovative digital solutions designed to meet various business needs. Their core offerings include software products that enhance operational efficiency and streamline processes, addressing challenges in online presence management, digital marketing optimization, and customer engagement. The company serves a diverse clientele across multiple industries, including retail, technology, and e-commerce, with operations in North America, Europe, and parts of Asia, enabling businesses to leverage their advanced technological solutions.StarBak Communications Inc. generates revenue through a combination of subscription and direct sales channels. Their clients typically engage with the company via annual subscription plans, which provide continuous access to their suite of products along with ongoing support and updates. These plans are customized to accommodate the needs of different market segments, promoting scalability for clients as their requirements evolve. Partnerships with key distributors and resellers further expand the company's reach in both B2B and direct-to-consumer markets, with flagship products contributing significantly to the revenue stream.StarBak Communications Inc. has strategic plans for future growth that include the development of new products and innovations designed to enhance their existing offerings. The company is targeting expansion into new geographic markets, with particular focus on increasing its presence in Europe and Asia within the next 12 to 24 months. The recent funding from the Series C round will be utilized to support these initiatives and bolster the company’s operational capabilities. Additionally, the Carlyle Group has exited its stake in the company, signaling a potential shift in shareholder dynamics that may influence future strategies.

## Funding rounds

- Series C, Apr 25, 2006, $1M — Atlas Venture, Venrock
- Series B, Jul 13, 2004, $5M — Atlas Venture, Carlyle Group, Venrock
- Series B, Jul 17, 2003, $3M — Atlas Venture, Carlyle Group, Venrock

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series B, Series C
- Carlyle Group (https://capitalatlas.ai/funds/carlyle-group) — Series B
- Venrock (https://capitalatlas.ai/funds/venrock) — Series B, Series C