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Sparxent
HugeDomains.com - Sparxent.com is for sale (Sparxent)
About Sparxent
Sparxent, Inc. operated as a strategic roll-up of IT service providers, established in August 2008 with a clear focus on the mid-market sector. The company was founded by Steve DeWindt and Dave Taylor, two seasoned executives with extensive backgrounds in the technology industry. DeWindt brought a wealth of experience from his time at Intel, as Co-President of the German public company Computer2000 AG, and as CEO of Wayside Technology Group. Taylor's expertise stemmed from his involvement with the LANDesk team through its journey within Intel and its acquisition by Avocent.
The venture was financially backed by vSpring Capital, a Salt Lake City-based venture capital firm, which has since merged and now operates under the name Signal Peak Ventures. Sparxent's business model was centered on acquiring and integrating various IT companies to create a comprehensive service portfolio for mid-sized businesses, a market segment the founders believed to be underserved. This strategy was immediately put into action with the acquisition of NetworkD, a value-added reseller with a large customer base, and Arbyte Group, a Moscow-based IT service provider, in August 2008.
A significant milestone in the company's history was the announced acquisition of XAware, Inc. in May 2009. XAware was a commercial open-source company that specialized in real-time data integration solutions, a technology that Sparxent intended to leverage to simplify the integration of disparate software applications for its clients. This acquisition underscored Sparxent's strategy of not just consolidating service providers but also acquiring key technologies to enhance its offerings. The company's services were broadly defined as a combination of IT services, 'best practice' consulting, and the provision of software and hardware technologies.
Sparxent's operational footprint was in Aliso Viejo, California, though its business model of acquiring companies gave it a broader, international reach. The company's activity and public presence appear to have diminished after 2009, and the brand is no longer active. The professional profile of co-founder Steve DeWindt refers to his time at Sparxent in the past tense, further indicating the company's cessation of operations under that name.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jul 2009 | $7.6M | $30M | Undisclosed | — |
| EARLY VC✓Equity / VC | Jul 2009 | $17M | $67M | Undisclosed | — |
Growth signals
Latest recorded traffic for Sparxent is 0 monthly website visits.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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