Wercker BV
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Wercker BV - overview
Established
2012
Location
Amsterdam, -, Netherlands
Primary Industry
Software
About
Wercker BV is a technology firm focused on enhancing operational efficiency through innovative software solutions that streamline business processes and improve customer engagement across various industries. Founded in 2012 and headquartered in Amsterdam, Netherlands, Wercker BV specializes in providing software solutions that optimize operational processes. The company has engaged in a total of 5 deals, with the most recent being a Series A round completed in April 2017, raising USD 4. 50 mn led by Inkef.
In April 2017, Wercker BV was acquired by Oracle Corporation; the financial terms of the acquisition were not disclosed. The company specializes in delivering innovative technology solutions designed to enhance operational efficiency across various industries. Its core product offerings include a suite of software applications that streamline business processes, facilitate data management, and improve customer engagement. Released over the past few years, these tools are tailored to address challenges faced by businesses in sectors such as retail, healthcare, and logistics.
By leveraging advanced analytics and machine learning, the company's products enable clients to make data-driven decisions, optimize resource allocation, and enhance user experiences. The customer base spans multiple geographical markets, including North America, Europe, and Asia-Pacific, reflecting a diverse clientele that ranges from small enterprises to large multinational corporations. The company's revenue model is primarily based on subscription services, allowing clients to access its suite of software applications through various pricing plans tailored to meet their specific needs. Transactions typically occur on an annual or monthly basis, with clients opting for different tiers of service based on the features and support required.
Partnerships with key industry players further enhance revenue opportunities by expanding distribution channels and providing bundled solutions. The flagship offerings, known for their user-friendly interfaces and robust functionality, contribute significantly to the overall revenue stream. The structured pricing plans are designed to accommodate a wide range of businesses, ensuring that both small and large clients can benefit from the company's solutions without compromising on service quality. In April 2017, Wercker BV was acquired by Oracle Corporation, which is expected to integrate its software solutions into Oracle’s broader technology offerings.
Following the acquisition, Wercker plans to focus on expanding its product lineup, with new applications aimed at improving cloud-native development processes set for release in late 2018. The company also intends to target new geographic markets in Asia and South America by 2020, leveraging the resources from the acquisition to facilitate this expansion.
Current Investors
Netspider Capital, Greylock Partners, Notion Capital
Primary Industry
Software
Sub Industries
Systems Management Software, Application Integration Software, Analytics & Performance Software
Website
app.wercker.com
Verticals
Cloud Computing
Company Stage
Acquired
Total Amount Raised
Subscriber access only

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