Blue Lava, Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Blue Lava, Inc. - overview
Established
2018
Location
Menlo Park, CA, US
Primary Industry
IT Security/Cybersecurity
About
Blue Lava, Inc. provides technology solutions that enhance operational efficiency for businesses. By focusing on data analytics and decision-making tools, the company serves a diverse clientele across various sectors. Founded in 2018 and headquartered in Menlo Park, US, Blue Lava, Inc.
specializes in technology solutions for businesses. The company's founders, Demetrios Lazarikos, Jonna Melinauskas, and Julia Tran, have a history of entrepreneurship. Blue Lava raised USD 25 mn in Series A funding on November 30, 2021, led by Crosslink Capital with participation from ClearSky and Rally Ventures, bringing the total amount raised to USD 25 mn. Blue Lava specializes in delivering innovative technology solutions that streamline operational efficiency for businesses across various sectors.
Their core offerings include a robust suite of software tools designed to enhance data analytics and improve decision-making processes. These tools cater to industries such as retail, finance, and healthcare, focusing on optimizing workflows, reducing costs, and enhancing productivity. The company serves a diverse client base, including small to medium-sized enterprises and large corporations primarily in North America, Europe, and select markets in Asia. Blue Lava generates revenue through a subscription-based model, allowing clients to access its suite of software services on a recurring basis.
The transactions are typically structured as annual or monthly subscriptions, tailored to different tiers of service based on business needs. Blue Lava’s flagship products have established a strong market presence, contributing significantly to its revenue through direct-to-consumer sales and partnerships with key industry players. Following the recent Series A funding of USD 25 mn, Blue Lava, Inc. plans to enhance its sales, marketing, and engineering teams to accelerate customer base growth.
The company is also targeting expansion into new markets in North America and Europe by the end of 2023, with upcoming product releases designed to address evolving industry needs.
Current Investors
ClearSky Advisors LLC, Crosslink Capital, Rally Ventures
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity, Analytics & Performance Software, Application Integration Software, Monitoring & Security Software
Website
www.blue-lava.net
Company Stage
Series A
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.