About Infobright
Infobright is a company based in Toronto (Canada) founded in 2005 by Cas Apanowicz was acquired by Ignite Technologies in March 2017.. Infobright has raised $21 million across 3 funding rounds from investors including Royal Bank of Canada, Flybridge Capital Partners and Sun Microsystems. Infobright offers products and services including Sports Betting, Online Slots, Casino Games, and Togel Games. Infobright operates in a competitive market with competitors including Seeq, FogHorn, WakeCap, Sight Machine and OpenDataSoft, among others.
- Headquarter Toronto, Canada
- Founders Cas Apanowicz
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Sectors
Technology
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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
$21 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series C
Jan 01, 2008
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Investors
Royal Bank of Canada
& 3 more
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Employee Count
Employee Count
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Acquired by
Ignite Technologies
(Mar 31, 2017)
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Products & Services of Infobright
Infobright offers a comprehensive portfolio of products and services, including Sports Betting, Online Slots, Casino Games, and Togel Games. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for wagering on sports events like football
Digital slots for gambling and jackpot opportunities
Platform for games like poker and baccarat
Lottery-style betting for various outcomes
Funding Insights of Infobright
Infobright has successfully raised a total of $21M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in January 2008. 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 3
- Last Round Series C — $10.0M
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First Round
First Round
(01 Jan 2006)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2008 | Amount | Series C - Infobright | Valuation | Flybridge Capital Partners | |
| Sep, 2007 | Amount | Series B - Infobright | Valuation |
investors |
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| Jan, 2006 | Amount | Series A - Infobright | 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 Infobright
Infobright has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Royal Bank of Canada, Flybridge Capital Partners and Sun Microsystems. 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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Early-stage tech startups are funded by Flybridge Capital Partners.
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Comprehensive banking and financial services are provided globally.
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Provides scalable hardware systems, servers, and storage for enterprise database optimization and management.
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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 Infobright
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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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 - Infobright
| 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 |
Infobright Comparisons
Competitors of Infobright
Infobright 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 Seeq, FogHorn, WakeCap, Sight Machine and OpenDataSoft, 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 |
Industrial process data is analyzed through advanced analytics solutions.
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| domain | founded_year | HQ Location |
An edge AI platform for analytics solutions is offered.
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| domain | founded_year | HQ Location |
Cloud-based workforce management solutions are delivered for multi-industry applications.
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| domain | founded_year | HQ Location |
Provider of a digital twin platform for manufacturing apllications
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| domain | founded_year | HQ Location |
Cloud-based platform for civic engagement and data management is provided.
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| domain | founded_year | HQ Location |
Machine learning analytics are provided for industrial process optimization.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Infobright
Frequently Asked Questions about Infobright
When was Infobright founded?
Infobright was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Where is Infobright located?
Infobright is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Infobright a funded company?
Infobright is a funded company, having raised a total of $21M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Jan 01, 2006.
What does Infobright do?
Infobright was founded in 2005 in Toronto, Canada, as a provider of data analytics platforms focused on IoT applications. An analytic database is developed to handle large volumes of machine-generated data, including web logs, network records, telecom data, stock ticks, and sensor inputs. Storage and analysis of IoT-scale sensor data are enabled for enterprises, SaaS providers, and software firms in sectors such as online businesses, telecommunications, and financial services.
Who are the top competitors of Infobright?
Infobright's top competitors include Seeq, Sight Machine and Falkonry.
What products or services does Infobright offer?
Infobright offers Sports Betting, Online Slots, Casino Games, and Togel Games.
Who are Infobright's investors?
Infobright has 4 investors. Key investors include Royal Bank of Canada, Flybridge Capital Partners, Sun Microsystems, and IgniteTech.