IgniteTech

Austin, United States Founded: 1998 • Age: 28 yrs Acquired By ESW Capital
AI-driven enterprise software solutions are provided for business optimization.

About IgniteTech

IgniteTech is a Technology company based in Austin (United States) founded in 1998, and was acquired by ESW Capital in November 2017. AI-driven enterprise software solutions are provided for business optimization. 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. Its chief executive, as recorded, is Eric Vaughan. Its website ignitetech.ai draws about 31 thousand monthly visits. IgniteTech offers products and services including StreetSmart AI, Eloquens AI, and AnswerHub. Its focus areas include Enterprise Applications, Enterprise Resource Planning, Multi-Industry and Enterprise. Its legal entity is Ignite Enterprise Software Solutions, LLC. Its competitors include Workday, Deltek and Infor; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Austin, United States
  • Stage Acquired
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website ignitetech.ai
  • Social LinkedIn X
  • Acquired by ESW Capital (Nov 2017)
  • Legal Name Ignite Enterprise Software Solutions, Llc
Key Metrics
  • Total Equity Funding
    $52.2M (USD)

    in 6 rounds

  • Latest Funding Round
    $3.5M (USD), Series A

    Sep 2020

  • Investors
    Nokia

    & 12 more

  • Investments & Acquisitions
  • Acquired by
    ESW Capital

    & 2 more

    (Nov 2017)

Products & Services of IgniteTech

IgniteTech offers a comprehensive portfolio of products and services, including StreetSmart AI, Eloquens AI, and AnswerHub.

StreetSmart AI
AI Platform

Manages field force with AI capabilities for efficiency.

Eloquens AI
Communication Tool

Enhances business communication through human-AI collaboration.

AnswerHub
Knowledge Platform

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.

  • Total Funding $52.2M
  • Total Rounds 6
  • Last Round Series A β€” $3.5M
  • First Round $18.7M

    (Jun 2000)

  • Investors Count 10

All 6 funding rounds of IgniteTech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2020$3.5MSeries A–Sierra Ventures, Canaan
–
Jun 2008$15MSeries A–FTV Capital
May 2007$5MDebt – Conventional––
Dec 2005$9MSeries B––
Mar 2004$6MSeries A––
Jun 2000$18.7MSeries A––
Valuation history

13 investors in total: 13 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
sierraventures.com
Canaan is recognized as an early-stage venture capital firm.
1987canaan.comSan Francisco, United States
Private equity investment firm
ftvcapital.comSan Francisco, United States
Corporate-backed venture capital firm focused on healthcare, IT, and multiple sectors
mitsui-global.comMenlo Park, United States
Seed funding is provided by Sand Hill Capital for technology startups.
sandhillcapital.comMiami Beach, United States
Venture capital investments are made in disruptive growth companies.
oakvc.comGreenwich, United States
Venture capital investments in Texas-based companies.
austinventures.com
Sequoia Capital is engaged in venture capital investments.
1972sequoiacap.com
bluecrestcapitalfinance.com
eswcapital.com
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Investor details for IgniteTech

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People of IgniteTech

1 people are tracked at IgniteTech (1 in leadership).

NameRoleGroup
Eric Vaughan
CEOLeadership
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Complete people profiles for IgniteTech

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Investments & Acquisitions by IgniteTech

IgniteTech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Khoros.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Community and social media management platform
khoros.comAustin, United States2007May 2025β€’β€’β€’β€’
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Complete acquisition details for IgniteTech

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  • Deal sources
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  • Exports

Verified entity values are shown only after access is granted.

Timeline of IgniteTech

7 dated milestones of IgniteTech across 27 years, from founding to its latest funding, stage changes and deals.

  1. Founded IgniteTech is founded.
  2. Funding First funding round of $18.7M.
  3. Exit Acquired by KEYW Corp.
  4. Exit Acquired by Versata.
  5. Exit Acquired by ESW Capital.
  6. Funding Latest funding round, Series A, of $3.5M.
  7. Acquisition Acquires Khoros.

Competitors of IgniteTech

IgniteTech has 3 listed competitors in our database, 3 of them funded. They include Workday, Deltek and Infor.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
workday.com2005Pleasanton, United States$352.3M11,805
Cloud-based HR and financial software is delivered to enterprises.
deltek.com1983Herndon, United States$107.08M1,574
Cloud-based ERP software is provided for project-driven organizations.
infor.com2002New York, United States$1.52B4,832
Cloud-based ERP software is offered for multiple industries.
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Detailed competitors of IgniteTech

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Verified entity values are shown only after access is granted.

Web traffic of IgniteTech

The website of IgniteTech (ignitetech.ai) receives about 31.4K visits a month.

  • Monthly visits
    31.4K

    ▲ 508.4% vs previous month

Similar websites

Websites whose visitors overlap most with IgniteTech. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
takemikami.com
takemikami.com
100%
#8,394,666–
erpfocus.com
100%
#664,886View details
k2view.com
100%
91.7K#437,806View details
colinkeeley.com
colinkeeley.com
76%
#906,312–
google.com
71%
85.8B#1View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 9 similar websites and full traffic analytics for IgniteTech

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  • 9 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Enterprise Resource Planning

3 companies that operate in the same segment as IgniteTech (Enterprise Resource Planning) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based HR and financial software is delivered to enterprises.
2005Pleasanton, California, United StatesUSD 352.3 MUSD 9.53 B21,000
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
Cloud-based ERP software is provided for automotive and manufacturing sectors.
1972Austin, Texas, United StatesUSD 229.28 M834
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Related news about Ignitetech

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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 CEO of IgniteTech, as recorded in our data.

IgniteTech is a funded company, having raised a total of $52.2M across 6 funding rounds to date. The company's 1st funding round was a Series A of $18.7M, raised on Jun 2000.

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's top competitors include Workday, Deltek and Infor.

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.

IgniteTech operates through Ignite Enterprise Software Solutions, Llc.

Yes. IgniteTech was acquired by ESW Capital in November 2017.

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