Newmerix Overview
- Year Founded
-
2002
- Status
-
Acquired/Merged
- Latest Deal Type
-
M&A
Newmerix General Information
Description
Provider of automated testing and change management software for packaged applications. The company develops and markets application lifecycle management software products for organizations that run SAP, Oracle EBS, and PeopleSoft enterprise applications. It offers automate test, which enables IT organizations to lower the cost of testing changes; automate change, which enables IT organizations to achieve consistent and business-driven change management, configuration management, and release management; and automate control, which provides a single command center for lifecycle management and auditing.
Contact Information
Website
www.newmerix.comCorporate Office
- 1100 South McCaslin Boulevard
- Suite 160
- Superior, CO 80027
- United States
Corporate Office
- 1100 South McCaslin Boulevard
- Suite 160
- Superior, CO 80027
- United States
Newmerix Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 25-Jun-2009 | Completed | Generating Revenue | |||
| 5. Debt - General | 12-Jun-2008 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C) | 03-Jan-2007 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 10-Jan-2005 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 14-Aug-2003 | $1.45M | $1.45M | Completed | Product Development | |
| 1. Seed Round | 01-Jan-2003 | Completed | Startup |
Newmerix Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 4,138,511 | $0.001000 | 8% | $0.59 | $0.59 | 1x | $0.59 | 7.57% |
Newmerix Patents
Newmerix Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-7421683-B2 | Method for the use of information in an auxiliary data system in relation to automated testing of graphical user interface based applications | Inactive | 28-Jan-2003 |
Newmerix Former Investors (4)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Mobius Venture Capital | Venture Capital | Minority | ||
| Pacific Technology Fund | Venture Capital | Minority | ||
| Ridge Ventures | Venture Capital | Minority | ||
| SoftBank Capital | Corporate Venture Capital | Minority |
Newmerix FAQs
-
When was Newmerix founded?
Newmerix was founded in 2002.
-
Where is Newmerix headquartered?
Newmerix is headquartered in Superior, CO.
-
What industry is Newmerix in?
Newmerix’s primary industry is Network Management Software.
-
Is Newmerix a private or public company?
Newmerix is a Private company.
-
What is Newmerix’s current revenue?
The current revenue for Newmerix is .
-
How much funding has Newmerix raised over time?
Newmerix has raised $23.5M.
-
Who are Newmerix’s investors?
Mobius Venture Capital, Pacific Technology Fund, Ridge Ventures, and SoftBank Capital have invested in Newmerix.
-
When was Newmerix acquired?
Newmerix was acquired on 25-Jun-2009.
-
Who acquired Newmerix?
Newmerix was acquired by Beacon Application Services.
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