drirelease Overview

  • Founded
  • 1993
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 12
Employees
  • Latest Deal Type
  • M&A
  • Financing Rounds
  • 3
  • Investments
  • 1

drirelease General Information

Description

Manufacturer of custom textile fibers. The company designs and develops fiber technology by creating custom blends of hydrophobic and hydrophilic fibers, enabling fabric manufacturers and apparel brands to get a fabric that is fast drying and efficiently pulls moisture and perspiration away from the skin.

Contact Information

Formerly Known As
Optimer Inc.
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Synthetic Textiles
Other Industries
Plant Textiles
Primary Office
  • 28 Kennedy Boulevard
  • Suite 300
  • East Brunswick, NJ 08816
  • United States
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drirelease Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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drirelease Patents

drirelease Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20130067629-A1 Fast drying cellulosic fabric and process to produce same Abandoned 20-Sep-2011 00000000000
US-20110220817-A1 Method of reducing the distortion of the electromagnetic field Abandoned 12-Aug-2008 00000000
CA-2555667-C Compositions useful as fabric softeners Expired - Fee Related 17-Feb-2004 00000000
DE-602005016087-D1 Compositions as tissue mixers Active 17-Feb-2004 00000000
CA-2555667-A1 Compositions useful as fabric softeners Granted 17-Feb-2004 C11D3/18

drirelease Board Members (2)

Name Representing Role Since
00000 00000000 Self Board Member 000 0000
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drirelease Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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drirelease Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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drirelease Investments (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 0000000000 Clothing
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drirelease Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000 0000000000 Completed
  • 2 buyers
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