Catapult Technology, Ltd.
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Catapult Technology, Ltd. - overview
Established
1996
Location
Alexandria, VA, US
Primary Industry
Business Support Services
About
Catapult Technology, Ltd. specializes in cloud-based solutions, notably providing web application hosting services through Microsoft Azure Web App, designed to streamline application deployment for various enterprises. Founded in 1996 and headquartered in Alexandria, US, Catapult Technology, Ltd. operates in the cloud services sector.
The company underwent a significant change in early 2014 when it merged with Computer Security Solutions, Inc. and an undisclosed investor to form SC3 LLC. Mark Hunker serves as the CEO, leading the company through its strategic initiatives. Catapult Technology, Ltd.
offers a comprehensive range of cloud-based solutions, with Microsoft Azure Web App as its core product. This platform facilitates developers in building, deploying, and managing applications across diverse environments, ensuring scalability and flexibility. It supports multiple programming languages and integrates seamlessly with Microsoft services while providing robust security features. The offerings target small to medium-sized enterprises in addition to large corporations, addressing challenges in infrastructure management and resource allocation.
The services are marketed across North America, Europe, and Asia-Pacific, catering to a wide array of industries, including finance, healthcare, and technology. The company generates revenue primarily through subscription-based models, allowing clients to choose from various service tiers based on their specific needs. Clients can opt for different pricing plans that align with their expected usage and required features, with transactions typically occurring on a monthly or annual basis. The flagship Azure Web App service has a competitive pricing structure tailored for various customer segments, particularly B2B enterprises needing robust web hosting solutions.
Strategic partnerships with system integrators and resellers enhance revenue streams by facilitating broader market outreach and customer acquisition. Moving forward, Catapult Technology, Ltd. is focused on developing new products tailored to enhance its Azure Web App services, although specific timelines have not been disclosed. The company plans to expand into additional markets in Europe and Asia-Pacific by 2015, leveraging recent funding from the merger in early 2014 to support these growth strategies.
Current Investors
SC3 LLC
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Government
Website
www.catapult.sc3.com
Company Stage
Merged
Total Amount Raised
Subscriber access only
Catapult Technology, Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Exit | Completed | SC3 LLC | - | ||||||||
| Merger | Completed | Catapult Technology, Ltd., Computer Security Solutions, Inc. | - | ||||||||
| Buyout | Completed | Catapult Technology, Ltd. | - |
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