Narus, Inc.
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Narus, Inc. - overview
Established
1997
Location
Sunnyvale, CA, US
Primary Industry
Internet
About
Narus, Inc. specializes in advanced software solutions aimed at improving operational efficiency and user experience across various industries. Founded in 1997, Narus, Inc. is based in Sunnyvale, US and focuses on providing innovative software platforms that integrate multiple functionalities.
The company was acquired by Boeing Company in July 2010 for a reported USD 12 mn from a consortium of investors led by American Capital Strategies. Narus has completed a total of 8 deals throughout its history, establishing a strong presence in the technology sector. Narus, Inc. offers a comprehensive software platform designed to enhance operational efficiency and user experience.
Their solutions cater to a diverse clientele, including small to medium-sized enterprises and large corporations in sectors such as technology, healthcare, and finance. The platform facilitates streamlined processes and optimized workflows and has found success in key markets, including North America, Europe, and parts of Asia, addressing the demand for digital transformation solutions. Narus, Inc. generates revenue through a subscription-based model, allowing clients to access their software platform at various pricing tiers.
The firm primarily engages in annual subscriptions, with options for monthly payments to accommodate different business sizes. Collaborations with complementary firms in the technology sector further contribute to their revenue streams. The subscription structure ensures recurring revenue as clients renew their agreements, providing ongoing support and updates. As of July 2010, following Boeing's acquisition, Narus plans to leverage its resources for future growth by expanding its product offerings and entering new geographic markets.
The company aims to introduce new solutions designed to enhance operational capabilities while targeting markets in Asia and Europe for expansion by 2023. Recent funding will be allocated toward these initiatives, ensuring the continued development of innovative products and the establishment of a broader market presence.
Current Investors
Mayfield Fund, Walden Catalyst, American Capital
Primary Industry
Internet
Sub Industries
Internet
Website
www.narus.com
Company Stage
Acquired
Total Amount Raised
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