# Tibion Corporation

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

- Industry: Medical Devices & Equipment
- Headquarters: Sunnyvale, US
- Website: www.tibion.com
- Total disclosed funding: $14M
- Latest round: Series B (Mar 1, 2011)
- Investors on record: 4

## About

Tibion Corporation is a technology company focused on developing advanced solutions to enhance operational efficiency and user engagement across various sectors, including healthcare and finance.Founded in 2002 and headquartered in Sunnyvale, US, Tibion Corporation specializes in innovative technological solutions. The company underwent a significant transformation in June 2013 when it was acquired by AlterG, a company backed by Astrlabe Ventures, Frog & Peach Investments, Funk Ventures, and Versant Ventures. Throughout its history, Tibion has executed 5 deals, raising a total of USD 10.18 mn with the latest funding round being Venture Debt of USD 1.7 mn.Tibion Corporation offers a variety of technological solutions aimed at enhancing user engagement and operational efficiency. Their core products include software applications for project management, customer relationship management, and data analytics, tailored for sectors such as retail, healthcare, and finance. These applications address challenges in workflow optimization and client interaction, and they are marketed primarily in North America and Europe.Tibion generates revenue through a subscription-based model and collaborations with various business entities. Clients engage in contractual agreements to pay recurring fees for access to their software, which includes tiered pricing based on user numbers and selected features. The company's multi-channel sales approach includes partnerships with retailers and wholesalers to distribute products, catering to both B2B and direct-to-consumer markets.Looking ahead, Tibion Corporation plans to leverage its recent funding to expand its product offerings and enter new markets. The company aims to introduce additional software applications that enhance its current solutions and is exploring geographic expansion into Asia and South America by 2025. The recent acquisition by AlterG positions the company for strategic growth, with expected developments in product launches in the near future.

## Funding rounds

- Series B, Mar 1, 2011, $10M — Three Arch Partners, Claremont Creek Ventures, Tekla Capital Management
- Series A, Sep 14, 2006, $3.5M — Claremont Creek Ventures, Saratoga Ventures

## Investors

- Claremont Creek Ventures (https://capitalatlas.ai/funds/claremont-creek-ventures) — Series A, Series B
- Saratoga Ventures (https://capitalatlas.ai/funds/saratoga-ventures) — Series A
- Three Arch Partners (https://capitalatlas.ai/funds/three-arch-partners) — Series B
- Tekla Capital Management (https://capitalatlas.ai/funds/tekla-capital-management) — Series B