Nexaweb Technologies Inc.

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Nexaweb Technologies Inc. - overview

Established

2000

Location

Burlington, MA, US

Primary Industry

Software

About

Nexaweb Technologies Inc. is a development platform provider focused on creating web and hybrid mobile applications, offering essential tools for developers to enhance efficiency in application development. Nexaweb Technologies Inc. , founded in 2000, operates from Burlington, US, specializing in application development solutions.


The company has completed a total of 4 deals, with their most recent funding round occurring in August 2012, when they raised USD 0. 304 mn from undisclosed investors. The company has not undergone any notable pivots or changes in its business operations and does not have reported subsidiaries. The founder's history is not specified in the available data.


Nexaweb specializes in providing a comprehensive development platform known as the Nexacro Platform, designed for the creation of web and hybrid mobile applications. Their core product offerings include Nexacro N, an HTML5-based JavaScript framework supporting various business UI and UX components for seamless functionality across devices, and Nexacro Studio-E, an Eclipse-based development environment that enhances productivity with intuitive drag-and-drop features and extensive libraries. The company serves a broad client base in North America, Europe, and Asia, focusing on enterprises seeking efficient mobile and web solutions. Nexaweb operates on a subscription-based revenue generation model, engaging clients through partnerships to access their suite of development tools and services.


Their offerings feature tiered pricing plans tailored to various business needs, enabling clients to select service levels that align with project requirements. The transactions typically involve direct agreements between Nexaweb and enterprises, which may include annual subscriptions or one-time licensing fees for their software solutions, fostering a steady revenue stream as they assist clients in developing innovative applications. In August 2012, Nexaweb Technologies Inc. raised USD 0.


304 mn, which they plan to utilize for expanding their product offerings and enhancing their market presence. The company is working on designing new tools within the Nexacro Platform to further enhance functionality and user experience, aiming for a product launch in the next fiscal year. Additionally, Nexaweb is exploring expansion into new geographic regions, particularly targeting markets in Asia and Europe by 2025, to broaden their client base and enhance revenue growth.


Current Investors

Masthead Venture Partners, Egan Managed Capital, Velocity Equity Partners

Primary Industry

Software

Sub Industries

Software

Website

www.nexaweb.com

Company Stage

Series B

Total Amount Raised

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