About Apptix
Apptix is a company based in New York (United States) founded in 1997 was acquired by Fusion Telecommunications in November 2016.. Apptix has raised $10.8 million across 2 funding rounds from investors including Microsoft and Fusion Telecommunications. Apptix operates in a competitive market with competitors including 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, among others.
- Headquarter New York, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.8 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series A
Aug 01, 2004
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Investors
Microsoft
& 1 more
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Employee Count
Employee Count
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Acquired by
Fusion Telecommunications
(Nov 15, 2016)
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Funding Insights of Apptix
Apptix has successfully raised a total of $10.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in August 2004. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $5.0M
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First Round
First Round
(05 Apr 2002)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2004 | Amount | Series A - Apptix | Valuation |
investors |
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| Apr, 2002 | Amount | Series A - Apptix | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Apptix
Apptix has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Microsoft and Fusion Telecommunications. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Microsoft is recognized for software, hardware, and gaming solutions.
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Founded Year | Domain | Location | |
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IP-based digital voice and data platforms are provided for communications.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Apptix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Apptix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Apptix Comparisons
Competitors of Apptix
Apptix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Public cloud workload management tools and services are provided.
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| domain | founded_year | HQ Location |
Crayon is involved in unspecified business activities.
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| domain | founded_year | HQ Location |
AWS cloud services are provided, including consulting, deployment, and management.
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| domain | founded_year | HQ Location |
Services for the development and support of cloud-based applications
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| domain | founded_year | HQ Location |
Cloud services in PaaS, SaaS, and IaaS are provided.
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| domain | founded_year | HQ Location |
Cloud-based virtual classroom platform for enterprises
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Apptix
When was Apptix founded?
Apptix was founded in 1997 and raised its 1st funding round 5 years after it was founded.
Where is Apptix located?
Apptix is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Apptix?
Matthew Rosen is the current CEO of Apptix.
Is Apptix a funded company?
Apptix is a funded company, having raised a total of $10.8M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.8M, raised on Apr 05, 2002.
What does Apptix do?
Apptix was founded in 1997 and is headquartered in New York, United States. Cloud computing and IT solutions are delivered to industries including healthcare, finance, legal, and telecommunications. Services encompass hosted exchange, instant messaging, unified communications, server and desktop backups, file synchronization and sharing, hosted SharePoint, active directory management, migration support, workstation management, email archiving, and disaster recovery as a service. Operations focus on supporting business infrastructure needs.
Who are the top competitors of Apptix?
Apptix's top competitors include Crayon, Megazone Cloud and All Cloud.
Who are Apptix's investors?
Apptix has 2 investors. Key investors include Microsoft, and Fusion Telecommunications.