Torsion (Business/Productivity Software) Overview
- Year Founded
-
2016
- Status
-
Acquired/Merged
- Employees
-
12
- Latest Deal Type
-
M&A
Torsion (Business/Productivity Software) General Information
Description
Developer of a data security platform designed to reduce the risk of insider security breaches. The company's platform offers continuous access tracking, monitoring of data, maintaining data access and control compliance, enabling businesses to control the risks by automatically ensuring that staff has access to all the information they need.
Contact Information
Website
www.torsionis.com(Operating Subsidiary)
Corporate Office
- 7 Bell Yard
- London WC2A 2JR
- England, United Kingdom
Corporate Office
- 7 Bell Yard
- London WC2A 2JR
- England, United Kingdom
Torsion (Business/Productivity Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 25-Jul-2024 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 01-May-2022 | Completed | Generating Revenue | |||
| 5. Grant | 05-Nov-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 12-Mar-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 05-Mar-2019 | Completed | Generating Revenue | |||
| 2. Seed Round | 05-Apr-2017 | $241K | $263K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 18-Jan-2016 | $22K | $22K | Completed | Generating Revenue |
Torsion (Business/Productivity Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary B | ||||||||
| Ordinary A | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 75,100 | $0.000129 | $0.59 | $0.59 | 1x | $0.59 | 2.54% | |
| Ordinary | 31,600 | $0.000129 | $0.61 | $0.61 | 1x | $0.61 | 1.07% |
Torsion (Business/Productivity Software) Comparisons
Industry
Financing
Details
Torsion (Business/Productivity Software) Competitors (81)
One of Torsion (Business/Productivity Software)’s 81 competitors is Protegrity USA, a Corporate Backed or Acquired company based in Fairfield, CT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Protegrity USA | Corporate Backed or Acquired | Fairfield, CT | ||||
| Global IDs | Corporation | Princeton, NJ | ||||
| Seclore | Venture Capital-Backed | Santa Clara, CA | ||||
| Netwrix | Private Equity-Backed | Frisco, TX | ||||
| Panaseer | Venture Capital-Backed | Godalming, United Kingdom |
Torsion (Business/Productivity Software) Patents
Torsion (Business/Productivity Software) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240176513-A1 | Digital resource access control system and method | Pending | 30-Nov-2022 | ||
| GB-2624924-A | Digital resource access controli system and method | Inactive | 30-Nov-2022 | ||
| GB-202218039-D0 | Digital resource access controll system and method | Inactive | 30-Nov-2022 | G06F3/0622 |
Torsion (Business/Productivity Software) Signals
Torsion (Business/Productivity Software) Former Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bayes Entrepreneurship Fund | Venture Capital | Minority | ||
| Boundary Capital Partners | Venture Capital | Minority | ||
| CyLon Ventures | Angel Group | Minority | ||
| Innovate UK | Government | |||
| Innovation Warehouse | Venture Capital | Minority |
Torsion (Business/Productivity Software) FAQs
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When was Torsion (Business/Productivity Software) founded?
Torsion (Business/Productivity Software) was founded in 2016.
-
Where is Torsion (Business/Productivity Software) headquartered?
Torsion (Business/Productivity Software) is headquartered in London, United Kingdom.
-
What is the size of Torsion (Business/Productivity Software)?
Torsion (Business/Productivity Software) has 12 total employees.
-
What industry is Torsion (Business/Productivity Software) in?
Torsion (Business/Productivity Software)’s primary industry is Business/Productivity Software.
-
Is Torsion (Business/Productivity Software) a private or public company?
Torsion (Business/Productivity Software) is a Private company.
-
What is Torsion (Business/Productivity Software)’s current revenue?
The current revenue for Torsion (Business/Productivity Software) is .
-
How much funding has Torsion (Business/Productivity Software) raised over time?
Torsion (Business/Productivity Software) has raised $2.74M.
-
Who are Torsion (Business/Productivity Software)’s investors?
Bayes Entrepreneurship Fund, Boundary Capital Partners, CyLon Ventures, Innovate UK, and Innovation Warehouse are 5 of 11 investors who have invested in Torsion (Business/Productivity Software).
-
Who are Torsion (Business/Productivity Software)’s competitors?
Protegrity USA, Global IDs, Seclore, Netwrix, and Panaseer are some of the 81 competitors of Torsion (Business/Productivity Software).
-
When was Torsion (Business/Productivity Software) acquired?
Torsion (Business/Productivity Software) was acquired on 25-Jul-2024.
-
Who acquired Torsion (Business/Productivity Software)?
Torsion (Business/Productivity Software) was acquired by AvePoint.
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