Intraware Inc.
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Intraware Inc. - overview
Established
1996
Location
Orinda, CA, US
Primary Industry
Software
About
Intraware Inc. delivers advanced DNS services that enhance internet performance and reliability for businesses, focusing on optimizing web traffic management and improving user experience across various industries. Founded in 1996 in Orinda, US, Intraware Inc. specializes in DNS solutions.
The firm was established by Stephanie Li and has undergone strategic pivots to refine its service offerings. Since its inception, Intraware has successfully completed 8 deals, with the most recent deal occurring on February 25, 1999. In this round, the company raised USD 64 mn by offering 4 million shares at USD 16 per share. The latest funding round was an Add-on round, raising USD 27 mn, bringing the total amount raised to USD 6 mn.
Jerzy Kowalski currently serves as CEO. Intraware's primary product is the UltraDNS Client Redirection Service, which provides a suite of DNS services to enhance internet performance and reliability for businesses. This service is designed to manage and redirect web traffic effectively, directing users to the most relevant content based on their location and network conditions. Clients include e-commerce platforms, cloud service providers, and global enterprises located in North America, Europe, and Asia, all seeking to mitigate issues related to downtime, latency, and content delivery challenges.
In the most recent year of reporting, 2008, Intraware recorded a revenue of USD 12. 19 mn, with an EBITDA of USD -741,000. Revenue generation is predominantly through subscription-based models that cater to businesses needing reliable DNS solutions, emphasizing long-term partnerships and contractual agreements that ensure service level guarantees. Intraware plans to expand its product offerings by launching new features in its DNS services, although specific release dates have yet to be announced.
The company is looking to penetrate new geographic markets, particularly in South America and Africa, aiming for this expansion by 2025. The recent Add-on funding of USD 27 mn will support these initiatives, allowing the company to enhance its service infrastructure and expand its market presence.
Current Investors
Flexera Software LLC, Kleiner Perkins, TCV
Primary Industry
Software
Sub Industries
Software
Website
www.intraware.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Intraware Inc. - financials
| Fiscal Year Ended | Feb 28, 2001 | Feb 28, 2002 | Feb 28, 2003 | Feb 29, 2004 | Feb 28, 2005 | Feb 28, 2006 | Feb 28, 2007 | Feb 29, 2008 | Jan 08, 2009 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 121,836,000 | 52,292,000 | 14,042,000 | 10,907,000 | 10,835,000 | 11,046,000 | - | - | - |
| % Revenue Growth (YoY) | - | (57.1%) | (73.1%) | (22.3%) | (0.7%) | 1.9% | - | - | - |
| EBITDA (USD) | (41,564,000) | (9,068,000) | (1,475,000) | (640,000) | (1,284,000) | (1,341,000) | - | - | - |
| Operating Income (USD) | (58,406,000) | (28,106,000) | (10,213,000) | (2,270,000) | (1,896,000) | (1,930,000) | - | - | - |
| Operating Margin | (47.9%) | (53.7%) | (72.7%) | (20.8%) | (17.5%) | (17.5%) | - | - | - |
| % EBITDA Margin | (34.1%) | (17.3%) | (10.5%) | (5.9%) | (11.9%) | (12.1%) | - | - | - |
| NET Income (USD) | (58,391,000) | (34,678,000) | (9,663,000) | (2,380,000) | (1,858,000) | (1,666,000) | - | - | - |
| % Net Margin | (47.9%) | (66.3%) | (68.8%) | (21.8%) | (17.1%) | (15.1%) | - | - | - |
Intraware Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Intraware Inc. | - |
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Intraware Inc. - employee data
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