Openclovis, Inc.
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Openclovis, Inc. - overview
Location
Petaluma, CA-California, US
Primary Industry
Software
About
Clovis Solutions Inc. delivers innovative cloud-based solutions, enhancing productivity, security, and collaboration for businesses across various sectors. Clovis Solutions Inc. provides cloud technology services aimed at digital transformation.
The company is headquartered in Petaluma, US. José Martínez and Vk Budhraja lead the company. Clovis has raised a total of USD 11. 00 mn through its latest funding round, Series B, which was completed on November 11, 2005, with participation from American River Ventures, Intel Capital, Sevin Rosen Funds, and Walden Catalyst.
The company's current valuation stands at USD 22. 07 mn. Clovis specializes in a comprehensive suite of cloud-based solutions designed to enhance organizational productivity, security, and collaboration. Core offerings include integration services for Microsoft 365, Azure migration and management, automation and AI solutions, and cloud strategy consulting.
These services cater to financial services, healthcare, NGOs, and consulting firms, ensuring tailored, scalable, and secure solutions that facilitate strategic development, implementation, and ongoing maintenance across regions such as Europe, North America, and the Middle East. Clovis generates revenue through subscription-based services, consulting fees, and project engagements, primarily targeting B2B clients. Partnerships involve structured agreements for ongoing support, including yearly or monthly subscriptions for services like Microsoft 365 integration and Azure management. Pricing plans are customized based on the complexity of solutions, enabling Clovis to maintain a sustainable business model while providing high-quality cloud transformation solutions.
Clovis Solutions is committed to expanding its product offerings with new cloud solutions expected to launch in the upcoming quarters. The company aims to penetrate additional markets in Asia and South America by 2026. Recent funding from the Series B round will be utilized to support these initiatives, alongside investments in marketing and product development. The November 2005 deal with AT&T was a significant step in securing necessary financing to drive these growth strategies.
Current Investors
American River Ventures, Sevin Rosen Funds, Walden Catalyst
Primary Industry
Software
Sub Industries
Software
Website
www.clovissolutions.com
Company Stage
Series B
Total Amount Raised
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Openclovis, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | Openclovis, Inc. | - | ||||||||
| Series B | Completed | Openclovis, Inc. | - |
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Openclovis, Inc. - employee data
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