InSciTek Microsystems
A Rochester, N.Y.-based provider of IT and telephony products for small- and mid-sized enterprises
Business Model: Consulting
Revenue: $0
Employees: 0-0
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Detailed InSciTek Microsystems Information
Geographic Data
Address:
City: Fairport
State: New York
Zip:
Country: United States
Financial Info
Stage:
series unknown
Raised Last:
$4M
Raised Total:$10M
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Description
InSciTek is an established, profitable company managed by seasoned executives from Fortune 500 companies. The InSciTek Board of Directors has several members who have led significant companies in the telecommunications industry. InSciTek’s consulting business continues to grow as large companies seek ways to reduce their product development costs. Today, InSciTek has a staff of 23 highly experienced engineers and managers proficient in each of the technologies utilized by the future Allworx 10x product platform. Not only do the three founders have world-class engineering credentials and directly-related experience, but also they have worked together since 1993. They have excelled in their careers at quick and efficient product commercialization. Further, InSciTek’s Executive VP of Marketing and Sales has over 30 years of direct management experience in marketing and selling software, services, and equipment for a Fortune 500 company. InSciTek is now executing its product phase with the Allworx TeleNetwork product family. To date, extensive market research, technology investigation, and business planning have been accomplished. We are now ready to launch the product and will be installing customer units in the fourth quarter (2002).
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2004 | Series C | 2 | $6M |
Cephas Capital Performance Technologies Cephas Capital Performance Technologies |
8/2005 | Venture Round | 2 | $4M |
Advantage Capital Primary Venture Partners Advantage Capital Primary Venture Partners |
|---|
| Announced Date | Name | Price |
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