WhereScape Software Ltd.
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WhereScape Software Ltd. - overview
Established
2001
Location
Portland, OR, US
Primary Industry
Software
About
WhereScape Software Ltd. provides innovative data automation solutions that streamline the creation and management of data warehouses and products, enhancing operational efficiency for organizations in various sectors. Founded in 2001 and headquartered in Portland, US, WhereScape Software Ltd. focuses on data automation technology.
In September 2019, the company was acquired by IDERA, Inc. , a portfolio company of HGGC, Partners Group, and TA Associates, although financial terms were not disclosed. The company has undergone strategic changes to align with market demands. WhereScape specializes in data automation solutions, primarily offering tools designed to streamline the process of data warehouse and data product creation.
The company's flagship products, such as WhereScape RED, WhereScape 3D, and WhereScape Data Vault Express, empower organizations to automate data integration, modeling, and management tasks, significantly reducing the time and effort traditionally required for these processes. These products cater to a diverse range of clients, including education institutions like Bucknell University, large enterprises such as Vodafone Netherlands, and various sectors including healthcare and financial services. WhereScape's solutions are designed to facilitate the effective migration of data across platforms, enhance operational efficiency, and ensure data quality, with a focus on markets across North America, Europe, and Asia-Pacific. WhereScape generates revenue through a subscription-based model for its data automation tools, enabling clients to access and utilize its technology for a set fee.
Clients engage with WhereScape through direct-to-business partnerships, leveraging the automation capabilities of the company's products to enhance their data infrastructure and analytics. Transaction structures typically involve annual or multi-year agreements that provide clients with ongoing support and updates. The pricing plans vary based on the scale of deployment and specific modules utilized, with options tailored for small to large enterprises. Key products such as WhereScape RED and Data Vault Express form the core of these offerings, driving the company’s revenue through continued adoption and integration within client operations.
Following its acquisition in September 2019, WhereScape is expected to leverage the resources and expertise of IDERA, Inc. to enhance its product offerings and expand into new markets. While specific details about upcoming product launches have not been published, the company is likely to focus on increasing its presence in North America, Europe, and Asia-Pacific, aiming for strategic growth in these regions over the next few years.
Current Investors
Idera, Inc.
Primary Industry
Software
Sub Industries
IT Infrastructure, Systems Management Software, Application Integration Software, Analytics & Performance Software
Website
www.wherescape.com
Verticals
Big Data, Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
WhereScape Software Ltd. - 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 | WhereScape Software Ltd. | - |
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