COMPANY PROFILE

Softricity

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Application virtualization, intelligent on-demand streaming and policy-based management technologies

Boston, United StatesFounded 1999Consumer Services

Valuation $50–100M Last recorded · 2005

Headcount <100 Current team size

Total funding $50–100M Disclosed equity funding

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About Softricity

Softricity specializes in providing innovative solutions for virtualizing software applications, which significantly enhance IT efficiency and reduce operational costs. The company operates in the enterprise software market, targeting large organizations across various industries such as healthcare, finance, and education. By leveraging its proprietary technology, Softricity enables businesses to deploy, manage, and update applications seamlessly without the need for traditional installation processes. This not only simplifies IT management but also ensures that applications are always up-to-date and secure. The business model is primarily subscription-based, offering its services through annual or multi-year contracts, which provides a steady revenue stream. Additionally, Softricity offers consulting and support services to help clients maximize the benefits of their virtualization solutions. The company generates revenue through these subscriptions and supplementary services, ensuring a diversified income stream.

MoreLess Source: Dealroom company data

At a glance

Status: Acquired
Founded: 1999
Headquarters: Boston, United States
Employees: 15
Open positions: None listed
Dealroom signal: 55.4/100
Industry: Media
Sub-industry: Streaming
Sector: Consumer Services, SaaS, Streaming, On-Demand, Platform
Client focus: b2b
Links: Website LinkedIn X

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Funding history

6 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
ACQUISITIONOther financing	Jul 2006	$0	—	Microsoft	—
SERIES EOther financing	Jun 2005	$15M	$60M	FA Technology Ventures · Prism Venture Management · Covera Ventures · Longworth Venture Partners	—

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Growth signals

Softricity website traffic

Latest recorded traffic for Softricity is 0 monthly website visits. Softricity's team grew 0% over the past year.

Latest monthly visits0 1-year team growth0%

Monthly website visitsFeb 2020–May 2020

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