About Newmerix
Newmerix is a Technology company based in Superior (United States) founded in 2002, and was acquired by Beacon Application Services in June 2009. Application lifecycle management solutions for SAP and PeopleSoft are offered. Newmerix has raised $12 million across 2 funding rounds from investors including Mobius Venture Capital, IDG Capital and Next47. Its focus areas include Enterprise Infrastructure, DevOps and Application Lifecycle Management. Its legal entity is NEWMERIX CORP. Its competitors include JFrog, NGINX and Progress; 2 of its 3 listed competitors have raised funding.
Company details
Newmerix was founded in 2002 and is located in Superior, United States. Operations focus on the software sector, where suites such as Automate!Test and Automate!Change are developed for Oracles PeopleSoft Enterprise Applications and E-Business Suite. The lifecycle of changes across PeopleSoft environments is managed through these tools. IT organizations are supported in reducing operating costs via automated testing and change control processes.
- Headquarters Superior, United States
- Stage Acquired
- SectorsTechnology
- Website ww1.newmerix.com
- Social LinkedIn
- Acquired by Beacon Application Services (Jun 2009)
- Legal Name Newmerix Corp
- Total Equity Funding$12M (USD)
in 2 rounds
- Latest Funding Round$7M (USD), Series C
Jan 2007
- InvestorsMobius Venture Capital
& 3 more
- Acquired byBeacon Application Services
(Jun 2009)
Funding Insights of Newmerix
Newmerix has successfully raised a total of $12M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $7 million completed in January 2007. 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 $12M
- Total Rounds 2
- Last Round Series C — $7M
- First Round $5M
(Feb 2006)
- Investors Count 3
All 2 funding rounds of Newmerix with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2007 | $7M | Series C | – | – | |
| Feb 2006 | $5M | Series B | – | – |
4 investors in total: 4 institutional.
Investors in Newmerix
Newmerix has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Mobius Venture Capital, IDG Capital and Next47.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| mobiusvc.com | ||||
Venture capital firm | idgcapital.com | New York, United States | ||
Venture investments in systems, infrastructure, and applications for enterprise founders. | next47.com | |||
Offers consulting for ERP, EPM, and HCM systems to large companies worldwide. | 1990 | beaconservices.com | Framingham, United States |
Investor details for Newmerix
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Timeline of Newmerix
4 dated milestones of Newmerix across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Newmerix is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series C, of $7.0M.
- Exit Acquired by Beacon Application Services.
Competitors of Newmerix
Newmerix has 3 listed competitors in our database, 2 of them funded. They include JFrog, NGINX and Progress.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jfrog.com | 2008 | Sunnyvale, United States | $227M | 1,400 | Cloud based suite of devops solutions | |
| nginx.com | 2011 | San Francisco, United States | $84M | 136 | Open-source internet infrastructure software is provided by NGINX. | |
| progress.com | 1981 | Bedford, United States | 450 | IDE-based software is provided for application development and management. |
Detailed competitors of Newmerix
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Top companies in DevOps
3 companies that operate in the same segment as Newmerix (DevOps) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 212 M | 205 | ||
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Cloud-based feature management platform is utilized for software deployments. | 2014 | Oakland, California, United States | USD 330.3 M | 676 |
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Frequently Asked Questions about Newmerix
Newmerix was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Newmerix is headquartered in Superior, United States. It is registered at Superior, Wisconsin, United States.
Newmerix is a funded company, having raised a total of $12M across 2 funding rounds to date. The company's 1st funding round was a Series B of $5M, raised on Feb 2006.
Newmerix was founded in 2002 and is located in Superior, United States. Operations focus on the software sector, where suites such as Automate!Test and Automate!Change are developed for Oracles PeopleSoft Enterprise Applications and E-Business Suite. The lifecycle of changes across PeopleSoft environments is managed through these tools. IT organizations are supported in reducing operating costs via automated testing and change control processes.
Newmerix has 4 investors. Key investors include Mobius Venture Capital, IDG Capital, Next47, and Beacon Application Services.
Newmerix operates through Newmerix Corp.
Yes. Newmerix was acquired by Beacon Application Services in June 2009.