# Volta Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/volta-networks

- Industry: Software
- Headquarters: Cambridge, US
- Website: www.voltanet.io
- Latest round: Seed (Jun 1, 2015)
- Investors on record: 1

## About

Volta Networks, Inc. specializes in providing innovative digital solutions designed to enhance online presence and streamline business operations for enterprises and individual users.Founded in 2015 and headquartered in Cambridge, US, Volta Networks, Inc. focuses on delivering digital solutions. Dean Bogdanovic serves as the CEO and co-founder. The company has successfully participated in 6 deals with the most recent investment round occurring on October 19, 2021, which raised USD 11.00 mn, bringing the total amount raised to USD 11.00 mn. In October 2021, IBM Corporation acquired Volta Networks, Inc., although financial terms of the acquisition were not disclosed.Volta Networks offers a diverse array of products and services tailored for consumer and business needs, focusing on innovative digital solutions. Their offerings cater to small to medium-sized enterprises, large corporations, and individual entrepreneurs across North America, Europe, and parts of Asia. These products enhance online presence, streamline operations, and facilitate e-commerce transactions, evolving through customer feedback to maintain relevance in the digital services space.The company generates revenue through a transactional model that includes subscription-based services and direct-to-consumer sales. Clients engage in partnerships that allow access to premium offerings, typically involving tiered subscription plans. Revenue stems from these subscription plans, ensuring suitable options for both small businesses and larger enterprises, aligning pricing with the complexity and range of features provided.Volta Networks is in a strategic phase of growth following its acquisition by IBM in October 2021. The recent funding will be utilized to enhance their product development and expand into new geographic markets. The company plans to introduce new products aimed at improving operational capabilities for clients, though specific release dates have not been provided. Additionally, there are plans to target expansion in Europe and parts of Asia in the upcoming years.

## Funding rounds

- Seed, Jun 1, 2015 — Project 11 Ventures

## Investors

- Project 11 Ventures (https://capitalatlas.ai/funds/project-11-ventures) — Seed