About TextPower
TextPower is a company based in Los Angeles (United States) founded in 2009 was acquired by ARCOS in June 2024. TextPower has raised $525 thousand across 1 funding round from investors including ARCOS and ACE fund. The company has 5 employees as of December 31, 2022. TextPower operates in a competitive market with competitors including Slack, Mask Network, Critical Path, Blink and JANDI, among others.
- Headquarter Los Angeles, United States
- Employees 5 as on 31 Dec, 2022
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Technology
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- Legal Name Textpower Inc
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People of TextPower
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Funding Insights of TextPower
TextPower has successfully raised a total of $525K through 1 strategic funding round. The most recent funding activity was a Series A round of $525 thousand completed in October 2013. 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.
Investors in TextPower
TextPower has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include ARCOS and ACE fund.
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Operates as a fund of funds specializing in investments for biotech startups.
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Mobile workforce management software is provided for utilities and airlines.
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Investor details for TextPower
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Investments & Acquisitions by TextPower
Investment portfolio details for TextPower
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Financial Statements - TextPower
Detailed financials for TextPower
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Textpower Comparisons
Peer comparison for TextPower
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Competitors of TextPower
TextPower 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 Slack, Mask Network, Critical Path, Blink and JANDI, among others.
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Cloud-based team communication and collaboration platform is provided.
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Provider of encrypted messaging applications
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Spam-blocking, virus protection, and secure messaging services are provided.
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Front-line workers are empowered and protected through a cloud-based platform.
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Enterprise team collaboration is facilitated via cloud-based messaging platform.
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Cloud based task management platform for file sharing
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Detailed competitors of TextPower
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Latest news on Textpower
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Frequently Asked Questions about TextPower
TextPower was founded in 2009 and raised its 1st funding round 4 years after it was founded.
TextPower is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
TextPower is a funded company, having raised a total of $525K across 1 funding round to date.
As of Dec 31, 2022, the latest employee count at TextPower is 5.
TextPower is a provider of secure SMS messaging solutions. It provides text messaging (SMS) solutions for critical applications for immediate communications with customers or employees for high security authentication of users. Its authentication service, TextKey works by sending a message from the cell phone for verification. It can provide upto 7 distinct factors of authentication, including password, UDID, unique key, mobile number, personal pin, dynamically assigned destination, and single-use URL.
TextPower's top competitors include Slack, Mask Network and Blink.