About Clearwell Systems
Clearwell Systems was a Technology company based in Mountain View (United States) founded in 2004 by Venkat Rangan, and was acquired by Symantec in May 2011. It offers end-to-end software development services, including design, coding, and maintenance. It operates on a B2B model. Clearwell Systems has raised $29 million across 2 funding rounds from investors including Symantec, Redpoint Ventures and Sequoia Capital. The company is recorded as dissolved. Its focus areas include IT Services, Software Development and Application Maintenance. Its competitors include RedShelf, Gigster and 3Pillar Global; 3 of its 3 listed competitors have raised funding.
Company details
Clearwell Systems offers end-to-end software development services, including design, coding, and maintenance through leveraging cutting-edge technology, providing IT services, creating custom software solutions, and application maintenance. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Mountain View, United States
- Founders Venkat Rangan
- Stage Acquired
- SectorsTechnology
- Website clearwellsystems.com
- Acquired by Symantec (May 2011)
Funding Insights of Clearwell Systems
Clearwell Systems has successfully raised a total of $29M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $17 million completed in August 2007. 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 $29M
- Total Rounds 2
- Last Round Series C — $17M
- First Round $12M
(Apr 2006)
- Investors Count 3
All 2 funding rounds of Clearwell Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2007 | $17M | Series C | – | – | |
| Apr 2006 | $12M | Series B | – | – |
4 investors in total: 4 institutional.
Investors in Clearwell Systems
Clearwell Systems has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Symantec, Redpoint Ventures and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Redpoint Ventures is engaged in venture capital investments. | redpoint.com | Woodside, United States | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Mid-stage venture capital investments and support for tech entrepreneurs. | dagventures.com | |||
Symantec is recognized for providing enterprise cloud cybersecurity solutions. | 1982 | symantec.com | Mountain View, United States |
Investor details for Clearwell Systems
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People of Clearwell Systems
1 people are tracked at Clearwell Systems (1 in leadership).
| Name | Role | Group |
|---|---|---|
Venkat Rangan | ex-Co-Founder | Leadership |
Complete people profiles for Clearwell Systems
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- Full employee list
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Timeline of Clearwell Systems
4 dated milestones of Clearwell Systems across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Clearwell Systems is founded.
- Funding First funding round of $12.0M.
- Funding Latest funding round, Series C, of $17.0M.
- Exit Acquired by Symantec.
Competitors of Clearwell Systems
Clearwell Systems has 3 listed competitors in our database, 3 of them funded. They include RedShelf, Gigster and 3Pillar Global.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| redshelf.com | 2012 | Chicago, United States | $82.53M | 107 | Platform offering digital textbooks for students | |
| gigster.com | 2013 | Austin, United States | $32.5M | 12 | Software development services are provided via an AI-powered platform. | |
| 3pillarglobal.com | 2006 | Fairfax, United States | $22.52M | 67 | Adaptive software products are developed for business applications. |
Detailed competitors of Clearwell Systems
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- Full competitor set
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Web traffic of Clearwell Systems
Websites that share an audience with Clearwell Systems (clearwellsystems.com).
Websites whose visitors overlap most with Clearwell Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| jda.com | 77% | 86.9K | #411,931 | View details | |
| kazeon.com | 67% | View details | |||
| strozfriedberg.com | 66% | View details | |||
| nuix.com | 54% | 60.3K | #1,005,516 | View details | |
| renewdata.com | 54% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Clearwell Systems
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- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Programming & Software Development Tools
3 companies that operate in the same segment as Clearwell Systems (Programming & Software Development Tools) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | 2,877 | ||
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 | |
Automated usability testing and feedback for mobile experiences is provided. | 2007 | San Francisco, California, United States | USD 148.5 M | USD 21.68 M | 557 |
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Frequently Asked Questions about Clearwell Systems
Clearwell Systems was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Clearwell Systems is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Clearwell Systems is a funded company, having raised a total of $29M across 2 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Apr 2006.
Clearwell Systems offers end-to-end software development services, including design, coding, and maintenance through leveraging cutting-edge technology, providing IT services, creating custom software solutions, and application maintenance. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
Clearwell Systems's top competitors include RedShelf, 3Pillar Global and Gigster.
Clearwell Systems has 4 investors. Key investors include Symantec, Redpoint Ventures, Sequoia Capital, and DAG Ventures.
Yes. Clearwell Systems was acquired by Symantec in May 2011.