About MultiTaction
MultiTaction is a company based in Helsinki (Finland) founded in 2007.. MultiTaction has raised $12.22 million across 3 funding rounds from investors including Veritas Technologies, Harbert Management and Finnvera. MultiTaction offers products and services including Decca, Canvus, and Canvus Connect. MultiTaction operates in a competitive market with competitors including RingCentral, Fuze, Webex, Weave and Mitel, among others.
- Headquarter Helsinki, Finland
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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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- Legal Name Multitaction Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.22 M (USD)
in 3 rounds
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Latest Funding Round
$7.43 M (USD), Series A
Nov 30, 2016
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Investors
Veritas Technologies
& 4 more
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Employee Count
Employee Count
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Products & Services of MultiTaction
MultiTaction offers a comprehensive portfolio of products and services, including Decca, Canvus, and Canvus Connect. 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.
Interactive display for high-performance visuals and collaboration
Platform for advanced visualization and interactive experiences
Tool for seamless collaboration in team environments
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Funding Insights of MultiTaction
MultiTaction has successfully raised a total of $12.22M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.43 million completed in November 2016. 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 A — $7.4M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Series A - MultiTaction | Valuation | Harbert Management |
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| Apr, 2014 | Amount | Series A - MultiTaction | Valuation | Ilmarinen | |
| Jun, 2011 | Amount | Seed - MultiTaction | Valuation | Tesi |
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| 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 MultiTaction
MultiTaction has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Veritas Technologies, Harbert Management and Finnvera. 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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Infrastructure, hedge, private equity, and debt fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Private equity investment firm
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Founded Year | Domain | Location | |
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Provides pension insurance and support for Finnish entrepreneurs and employers.
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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 MultiTaction
| 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 - MultiTaction
| 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 |
Multitaction Comparisons
Competitors of MultiTaction
MultiTaction 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 RingCentral, Fuze, Webex, Weave and Mitel, 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 |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| domain | founded_year | HQ Location |
Unified communication platforms are managed via cloud-based systems.
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| domain | founded_year | HQ Location |
Cloud-based employee communication platform is provided for internal collaboration.
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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 Multitaction
Frequently Asked Questions about MultiTaction
When was MultiTaction founded?
MultiTaction was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Where is MultiTaction located?
MultiTaction is headquartered in Helsinki, Finland.
Is MultiTaction a funded company?
MultiTaction is a funded company, having raised a total of $12.22M across 3 funding rounds to date.
What does MultiTaction do?
MultiTaction offers table and wall-sized display systems using proprietary hardware and software designs. Its offerings are MT Showcase (presentation software), MT Canvus (Collaboration software), touch screens, video walls, optical markers and more. Claims that its solutions can support multiple touchpoints. Other features include hand detection, image capture via IR cameras, and more. Use cases are in boardroom meetings, classrooms, and museums. Clients are IBM, Flex, Australian War Museum and more.
Who are the top competitors of MultiTaction?
MultiTaction's top competitors include Webex, Bandwidth and RingCentral.
What products or services does MultiTaction offer?
MultiTaction offers Decca, Canvus, and Canvus Connect.
Who are MultiTaction's investors?
MultiTaction has 5 investors. Key investors include Veritas Technologies, Harbert Management, Finnvera, Ilmarinen, and Tesi.