FuturestateIT is a provider of application management solutions for enterprises.
Business Model: SAAS B2B Non-Profit
Revenue: $5.4M
Employees: 11-50
Address:
City: Toronto
State: Ontario
Zip:
Country: Canada
Futurestate IT is a privately held company, headquartered in Toronto, Canada. Futurestate IT offers AppRx, the leading SaaS-based Application Rationalization and Portfolio Management solution for enterprises worldwide to rationalize, migrate and manage application portfolios. Futurestate IT is a Microsoft partner. Provider of AppRx the leading SaaS-based Application Rationalization and Portfolio Management solution. Available via the web, AppRx provides automated rationalization of an organization’s portfolio and identifies applications that should be retired, consolidated or modernized in order to eliminate redundancy and improve portfolio health. For organizations moving to Windows 7/8, Server 2008/12, IE 8/9 or virtualization platforms, AppRx can dramatically reduce the number of applications in the portfolio; driving down overall migration cost, effort and timelines. AppRx also enables organizations to monitor their portfolio on an ongoing basis to continuously rationalize applications and maintain a lean and agile portfolio; reducing operational cost and ensuring the adaptability of the portfolio to future changes in the IT environment. As a SaaS-based solution, users can be up and running in minutes and do not require any hardware or software installation, maintenance or support.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2011 | Seed Round | 1 | - |
MaRS Investment Accelerator Fund MaRS Investment Accelerator Fund |
7/2011 | Seed Round | 1 | - |
MaRS Investment Accelerator Fund MaRS Investment Accelerator Fund |
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