# Verifiber Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/verifiber-technologies

- Industry: Electronics
- Headquarters: Suwanee, US
- Website: www.verifiber.com/
- Total disclosed funding: $1.5M
- Latest round: Series A (Nov 6, 1998)
- Investors on record: 1

## About

Verifiber Technologies specializes in providing digital solutions that enhance customer experiences and operational efficiency for small to medium-sized enterprises, focusing on website development, hosting, and online marketing tools.Founded in 1996 by Lee Thompson, Verifiber Technologies is headquartered in Suwanee, US. The company focuses on delivering services that help businesses establish their online presence and improve customer engagement. Verifiber has successfully raised USD 1.50 mn in a Series A round from Alliance Technology Ventures, with the most recent funding round occurring on August 24, 2000. The company has participated in two investment deals, with its latest deal marking a significant milestone in its growth.Verifiber Technologies offers a diverse range of digital solutions aimed at enhancing customer experience and operational efficiency across various sectors. Their offerings include website development, hosting services, and online marketing tools, primarily targeted at small to medium-sized enterprises (SMEs). These products are designed to tackle the challenges of establishing an online presence, improving search engine visibility, and streamlining customer engagement processes, serving a broad client base across North America and Europe.The company's revenue model is built around subscription-based services, allowing clients to engage in monthly or annual contracts for access to their digital tools. Revenue is generated through direct transactions between Verifiber and its customers, featuring automated billing and renewal notifications. Their flagship services, including website hosting and digital marketing solutions, are offered at tiered pricing levels, catering to various business needs and budgets while enhancing the product offerings through partnerships with third-party service providers.Verifiber Technologies is positioning itself for future growth through the development of new products focused on enhancing digital solutions. The recent funding will be utilized to implement these innovations, although specific upcoming products and release dates have not been disclosed. The company aims to expand its geographic reach into new markets within North America and Europe, although specific targeted regions have not been identified. The most recent deal on August 24, 2000, saw Verifiber Technologies acquired by Bandwidth9, Inc., which may influence its future strategic directions.

## Funding rounds

- Series A, Nov 6, 1998, $1.5M — Alliance Technology Ventures

## Investors

- Alliance Technology Ventures (https://capitalatlas.ai/funds/alliance-technology-ventures) — Series A