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.
Interactive display for high-performance visuals and collaboration
Platform for advanced visualization and interactive experiences
Tool for seamless collaboration in team environments
People of MultiTaction
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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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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.
| 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 |
Investments & Acquisitions by MultiTaction
Financial Statements - MultiTaction
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.
| 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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Latest news on Multitaction
Frequently Asked Questions about MultiTaction
MultiTaction was founded in 2007 and raised its 1st funding round 4 years after it was founded.
MultiTaction is headquartered in Helsinki, Finland.
MultiTaction is a funded company, having raised a total of $12.22M across 3 funding rounds to date.
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.
MultiTaction's top competitors include Webex, Bandwidth and RingCentral.
MultiTaction offers Decca, Canvus, and Canvus Connect.
MultiTaction has 5 investors. Key investors include Veritas Technologies, Harbert Management, Finnvera, Ilmarinen, and Tesi.