# TimeSpring Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/timespring-software

- Industry: Internet
- Headquarters: Montreal, Canada
- Website: https://timespring.com/
- Total disclosed funding: $12M
- Latest round: Series A (Jan 25, 2005)
- Investors on record: 4

## About

TimeSpring Software Corp provides innovative web hosting solutions through its proprietary platform, focusing on optimized performance and scalability for various clients.TimeSpring Software Corp specializes in advanced web hosting solutions. The company was acquired by Double-Take Software Inc. in December 2007 for approximately USD 8.3 million plus transaction costs. It is headquartered in Montreal, Canada. The latest funding round was Series A, raising CAD 14.00 mn, led by Ventures West Capital, along with investors BDC Capital, Capvest Venture, and Desjardins Capital. TimeSpring has raised a total of CAD 14.00 mn across its funding rounds.TimeSpring Software Corp specializes in providing advanced web hosting solutions through its proprietary platform designed for optimized performance and scalability. Its core offerings include managed WordPress hosting, enabling users to deploy, manage, and scale WordPress sites with enhanced speed, security, and ease of use. The services cater to a diverse client base, including small to medium-sized enterprises, digital agencies, and individual entrepreneurs seeking reliable hosting solutions for e-commerce, blogs, and corporate websites. The company operates in North America, Europe, and parts of Asia, addressing the demand for high-performance web hosting.The company's revenue model is primarily subscription-based, where clients engage with various hosting plans tailored to their needs. Transactions typically involve monthly or annual subscriptions that grant users access to features like automated backups, security protocols, and customer support. Each subscription tier accommodates different website traffic levels, with specialized hosting packages for high-traffic sites and mission-critical applications. This structured approach enhances revenue stability and fosters long-term customer relationships.TimeSpring Software Corp has plans to develop new products that enhance their web hosting platform, focusing on improved features and functionalities aimed at current and prospective customers. They are targeting expansion into additional markets within Europe and parts of Asia by 2025. Recent funding from the Series A round will be utilized to support these product developments and market expansion strategies.

## Funding rounds

- Series A, Jan 25, 2005, $12M — Ventures West Capital, BDC Capital, Capvest Venture, Desjardins Capital

## Investors

- Ventures West Capital (https://capitalatlas.ai/funds/ventures-west-capital) — Series A
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A
- Capvest Venture (https://capitalatlas.ai/funds/capvest-venture) — Series A
- Desjardins Capital (https://capitalatlas.ai/funds/desjardins-capital) — Series A