inQ Inc.

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inQ Inc. - overview

Established

2009

Location

Agoura Hills, CA, US

Primary Industry

Financial Services

About

inQ Inc. is a technology company specializing in cloud-based solutions that enhance operational efficiency and scalability for clients across various sectors. Its services are designed to streamline application management for businesses. Founded in 2009 and headquartered in Agoura Hills, US, inQ Inc.


provides cloud-based services aimed at improving business operations. In August 2016, the company was acquired by Nuance Communications, Inc. for USD 215 mn, marking a significant strategic move. The company has executed 8 deals overall, showcasing its active participation in the market.


inQ Inc. offers a comprehensive suite of cloud-based solutions that include web hosting, application development infrastructure, and data storage services. These offerings are tailored for a diverse clientele, from small businesses to large corporations in finance, healthcare, and retail, and are supported in North America, Europe, and Asia-Pacific to ensure compliance with local regulations. The revenue model of inQ Inc.


is primarily subscription-based, allowing clients to access services through predictable billing cycles, either annually or monthly. The pricing plans are designed to cater to various service needs, promoting long-term partnerships and enabling upselling opportunities as clients expand their service usage. Following its acquisition by Nuance Communications, Inc. in August 2016, inQ Inc.


is expected to leverage its resources for future growth. The acquisition is anticipated to close by the end of 2016, enabling inQ to strengthen its product offerings and expand its market reach.


Current Investors

Dolphin Equity Partners, Partech Partners, Hudson Ventures Partners

Primary Industry

Financial Services

Sub Industries

e-Financial

Website

www.touchcommerce.com

Total Amount Raised

Subscriber access only

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