About IgniteTech
IgniteTech is a company based in Austin (United States) founded in 1998 was acquired by ESW Capital in November 2017. IgniteTech has raised $52.2 million across 6 funding rounds from investors including Nokia, Canaan and KEYW Corp. IgniteTech has completed 1 acquisition, including Khoros. IgniteTech offers products and services including StreetSmart AI, Eloquens AI, and AnswerHub. IgniteTech operates in a competitive market with competitors including Workday, Visma, Deltek, Infor and SAP, among others.
- Headquarter Austin, 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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- Legal Name Ignite Enterprise Software Solutions, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$52.2 M (USD)
in 6 rounds
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Latest Funding Round
$3.5 M (USD), Series A
Sep 28, 2020
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Investors
Nokia
& 12 more
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Employee Count
Not available
- Investments & Acquisitions
- Acquired by
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Products & Services of IgniteTech
IgniteTech offers a comprehensive portfolio of products and services, including StreetSmart AI, Eloquens AI, and AnswerHub.
Manages field force with AI capabilities for efficiency.
Enhances business communication through human-AI collaboration.
Facilitates knowledge sharing for teams and organizations.
Funding Insights of IgniteTech
IgniteTech has successfully raised a total of $52.2M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in September 2020. 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.
Investors in IgniteTech
IgniteTech has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Nokia, Canaan and KEYW Corp.
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Canaan is recognized as an early-stage venture capital firm.
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Private equity investment firm
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Investor details for IgniteTech
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- Investor locations
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Investments & Acquisitions by IgniteTech
IgniteTech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Khoros.
Investment portfolio details for IgniteTech
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- Portfolio identities
- Transaction dates
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Community and social media management platform
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Complete acquisition details for IgniteTech
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- Transaction dates
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - IgniteTech
Detailed financials for IgniteTech
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Ignitetech Comparisons
Peer comparison for IgniteTech
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Competitors of IgniteTech
IgniteTech 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 Workday, Visma, Deltek, Infor and SAP, among others.
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Cloud-based HR and financial software is delivered to enterprises.
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Cloud-based ERP software is provided for business management across segments.
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Cloud-based ERP software is provided for project-driven organizations.
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Cloud-based ERP software is offered for multiple industries.
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Cloud and AI-based ERP software is offered for enterprises.
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Cloud-based ERP software is delivered for multiple industries.
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Detailed competitors of IgniteTech
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Latest news on Ignitetech
Complete news archive for IgniteTech
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Frequently Asked Questions about IgniteTech
IgniteTech was founded in 1998 and raised its 1st funding round 2 years after it was founded.
IgniteTech is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Eric Vaughan is the current CEO of IgniteTech.
IgniteTech is a funded company, having raised a total of $52.2M across 6 funding rounds to date.
IgniteTech was founded in 1998 and is based in Austin, United States. Enterprise software solutions integrated with artificial intelligence are offered through a dedicated platform. Business functions such as communication and field force management are optimized via these tools. Products include eloquens AI for human-AI collaboration in communications and streetsmart AI for advanced field operations. The focus remains on AI applications within the enterprise software sector.
IgniteTech offers StreetSmart AI, Eloquens AI, and AnswerHub.
IgniteTech has made 1 acquisition, including Khoros.
IgniteTech has 13 investors. Key investors include Nokia, Canaan, KEYW Corp, Versata, and Sierra Ventures.