# WideRay

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

- Industry: Media
- Headquarters: San Francisco, US
- Website: www.wideray.com
- Total disclosed funding: $14M
- Latest round: Series C (Aug 3, 2005)
- Investors on record: 2

## About

WideRay Corp. specializes in advanced software solutions that optimize business operations, enhance customer engagement, and improve data management across various sectors.WideRay Corp. is focused on delivering innovative software solutions tailored to the needs of industries such as retail, healthcare, and finance. The company has its headquarters in San Francisco, US. In August 2005, WideRay Corp. successfully raised USD 10 mn in Series C financing led by Enterprise Partners Venture Capital, with participation from Sequoia Capital. This round marked a pivotal moment in the company's funding journey, contributing to a total amount raised of USD 10 mn.WideRay Corp. offers a comprehensive suite of advanced software solutions aimed at streamlining business operations and enhancing customer engagement. Their products cater to diverse industries, including retail, healthcare, and finance, equipping users with tools that improve decision-making and operational efficiency. The company serves clients from small startups to large enterprises, ensuring that their solutions facilitate growth and process optimization across key geographical markets, including North America, Europe, and Asia.The revenue model of WideRay Corp. is centered around subscription services, providing clients with access to an array of tailored software solutions. Revenue is derived through direct transactions with both consumers and businesses, including integral software offerings that support various industries. The pricing structure accommodates different customer segments, with options for annual or monthly subscriptions, thereby creating a steady revenue stream as companies leverage WideRay's expertise for enhancing their operations. Strategic partnerships with key industry players further expand revenue opportunities.WideRay Corp. plans to leverage its recent Series C funding of USD 10 mn to further develop its product offerings, including the introduction of new software solutions designed specifically for enhanced user engagement by the end of 2006. The company aims to expand its market presence into Asia and Europe by 2007, targeting sectors that align with their product strengths. The strategic investment will support these initiatives, ensuring that WideRay continues to innovate and strengthen its market position.

## Funding rounds

- Series C, Aug 3, 2005, $10M — Enterprise Partners Venture Capital, Hong Shan
- Series B, Apr 30, 2004, $4M — Hong Shan

## Investors

- Hong Shan — Series B, Series C
- Enterprise Partners Venture Capital (https://capitalatlas.ai/funds/enterprise-partners-venture-capital) — Series C