# TechWell Corporation

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

- Industry: Education/Training
- Headquarters: San Jose, US
- Website: www.techwellinc.com
- Total disclosed funding: $20M
- Latest round: Series E (Oct 7, 2003)
- Investors on record: 1

## About

TechWell Corporation, based in the US, develops innovative technology solutions that optimize operational efficiency across various sectors, including healthcare and finance, with a focus on data integration and workflow automation.TechWell Corporation specializes in providing advanced technology solutions aimed at enhancing operational efficiency. Founded in 1986, it is headquartered in San Jose, US. The company went public on June 21, 2006, selling 5.5 million shares at USD 9 each. In April 2010, TechWell was acquired by Intersil Corporation.TechWell Inc. specializes in technology solutions that enhance operational efficiency across various industries. Their core offerings include advanced software platforms for data integration, real-time analytics, and workflow automation, primarily targeting challenges in healthcare, finance, and manufacturing. TechWell's products have contributed to increased productivity and cost savings for a diverse clientele, ranging from startups to large enterprises across North America and Europe.In 2009, TechWell Inc. reported a revenue of USD 63.17 mn and an EBITDA of USD 4.79 mn, reflecting their effective revenue generation strategies through subscription services, direct sales, and strategic partnerships.TechWell is focused on expanding its product offerings and entering new markets. Following their IPO in June 2006, the company plans to leverage recent funding to enhance existing products and launch new technology solutions aimed at specific challenges in various sectors. The strategic expansion targets growth in European and Asian markets within the next few years.

## Funding rounds

- Series E, Oct 7, 2003, $20M — TCV

## Investors

- TCV (https://capitalatlas.ai/funds/tcv) — Series E