MainControl

About MainControl

MainControl, founded in 1994 by Alex Pinchev, developed enterprise management software designed for distributed computer environments. The company's core business centered on providing organizations with the tools to manage their IT assets throughout their entire lifecycle, from initial planning and procurement to deployment, ongoing maintenance, and eventual retirement.

The firm's software was developed for the business and productivity software market, with a specific focus on application software. MainControl catered to large corporations, counting companies like Sears and Southwest Airlines among its clientele. In 2000, the company made a strategic push to expand its market reach to small and medium-sized businesses, which it identified as a significant growth opportunity.

MainControl's funding history includes several venture capital rounds. It raised $6.3 million in a Series A round in April 1996, followed by a $10 million Series B round in December 1997. Over its history, the company raised a total of $63.6 million from investors including CRV, Daiwa Corporate Investment, Evergreen Partners Management, Formula Ventures, Gilde IT, Rho Capital Partners, and Sevin Rosen. The company was ultimately acquired by MRO Software on June 12, 2002, in a deal valued at $19 million.