Next IT Overview

  • Year Founded
  • 2002

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 168

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 4

  • Investments
  • 1

Next IT General Information

Description

Developer of conversational artificial systems designed to answer complex questions, execute problems and call on various data sources to deliver the right outcomes. The company's conversational artificial systems creates business intent by categorizing large amounts of natural language ideas together to prioritize, test and deploy language understanding, as well as analyzes conversations on existing human-human and human-machine channels, enabling clients to enhance c own offerings, improve their bottom line and transform their customer experience.

Contact Information

Website
www.nextit.com
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Corporate Office
  • 12809 East Mirabeau Parkway
  • Spokane Valley, WA 99216
  • United States
Primary Industry
Automation/Workflow Software
Other Industries
Business/Productivity Software
Acquirer
Verint Systems
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, TMT
Corporate Office
  • 12809 East Mirabeau Parkway
  • Spokane Valley, WA 99216
  • United States

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Next IT Valuation & Funding

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

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Next IT Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of conversational artificial systems designed to answer complex questions, execute problems and call on variou
Automation/Workflow Software
Spokane Valley, WA
168 As of 2017

Bengaluru, India
 

New York, NY
 
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Next IT Competitors (84)

One of Next IT’s 84 competitors is Verloop.io, a Formerly VC-backed company based in Bengaluru, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Verloop.io Formerly VC-backed Bengaluru, India
Amelia Formerly VC-backed New York, NY
Replicant Venture Capital-Backed San Francisco, CA
Manychat Venture Capital-Backed West Hollywood, CA
Loop AI Group Venture Capital-Backed New York, NY
You’re viewing 5 of 84 competitors. Get the full list »

Next IT Patents

  • 28

    Total Documents Applications and Grants

  • Total Patents Families

  • 7

    Granted

  • Pending

  • Expiring in next 12 mo

Next IT Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20170277993-A1 Virtual assistant escalation Inactive 22-Mar-2016
US-20160071517-A1 Evaluating conversation data based on risk factors Inactive 09-Sep-2014
EP-3210128-A1 Data clustering system and methods Inactive 27-Aug-2014
EP-3210128-A4 Data clustering system and methods Inactive 27-Aug-2014
WO-2016033239-A1 Data clustering system and methods Inactive 27-Aug-2014 G06F16/355
To view Next IT’s complete patent history, request access »

Next IT Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Majestic Referring Domains

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Next IT Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Next IT Acquisitions (1)

Next IT’s most recent deal was a Merger/Acquisition with A Perfect Web. The deal was made on 01-Jan-2004.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
A Perfect Web 01-Jan-2004 Merger/Acquisition Internet Software
To view Next IT’s complete acquisitions history, request access »

Next IT FAQs

  • When was Next IT founded?

    Next IT was founded in 2002.

  • Where is Next IT headquartered?

    Next IT is headquartered in Spokane Valley, WA.

  • What is the size of Next IT?

    Next IT has 168 total employees.

  • What industry is Next IT in?

    Next IT’s primary industry is Automation/Workflow Software.

  • Is Next IT a private or public company?

    Next IT is a Private company.

  • What is the current valuation of Next IT?

    The current valuation of Next IT is .

  • What is Next IT’s current revenue?

    The current revenue for Next IT is .

  • How much funding has Next IT raised over time?

    Next IT has raised $14.2M.

  • Who are Next IT’s investors?

    Intel Capital and Spokane Angel Alliance have invested in Next IT.

  • Who are Next IT’s competitors?

    Verloop.io, Amelia, Replicant, Manychat, and Loop AI Group are some of the 84 competitors of Next IT.

  • When was Next IT acquired?

    Next IT was acquired on 19-Dec-2017.

  • Who acquired Next IT?

    Next IT was acquired by Verint Systems.

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