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webify

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Industry-specific SOA software solutions for healthcare and insurance

Austin, United States

Valuation $50–100M Last recorded · 2005

Total funding $10–50M Disclosed equity funding

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About webify

Webify Solutions provides industry-specific, service-oriented architecture (SOA) software and services tailored for the healthcare and insurance markets. The company develops and markets on-demand industry software designed to offer business agility and measurable value to its clients.

Founded in 2002 and based in Austin, Texas, Webify Solutions secured early-stage venture capital, including a Series A round in October 2002 for $1.37 million and a Series B round in May 2004 for $7 million. The company operated as a venture-backed entity before being acquired by International Business Machines (IBM) on August 2, 2006.

The firm's core business revolves around helping healthcare and insurance companies modernize their operations through specialized software applications. This focus places it within the Business/Productivity Software and Software Development Applications sectors, with a specific vertical in Technology, Media, and Telecom (TMT).

MoreLess Source: Dealroom company data

At a glance

Status: Low Activity
Headquarters: Austin, United States
Open positions: None listed
Dealroom signal: 0.0/100
Links: Website

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES C✓Equity / VC	Jun 2005	$12M	$46M	Keynote Ventures · Trident Capital · Viventures · Dali Hook Partners	—
SERIES B✓Equity / VC	May 2004	$7M	$28M	The Entrepreneurs' Fund · Eyes of Texas Partners · Dali Hook Partners · Viventures	—