Futurestate IT

FuturestateIT is a provider of application management solutions for enterprises.

Business Model: SAAS B2B Non-Profit

Revenue: $5.4M

Employees: 11-50

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Detailed Futurestate IT Information

Geographic Data

Futurestate IT headquarters map

Address:

City: Toronto

State: Ontario

Zip:

Country: Canada

Financial Info

Stage:

seed

Raised Last:

$0

Raised Total:

$0

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0Website Global Rank

0Website Monthly Traffic

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Description

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
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
Announced Date Name Price

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