Led · Series B · Oct 2018

CitiXsys develops iVend Retail, an integrated omnichannel retail and hospitality platform supporting sales, promotions, in-store and mobile POS, CRM, and analytics. The platform targets medium to large enterprise businesses and is deployed in over 95 countries. Customers include Samsonite, Vodafone, MTN Telecom, Virgin Mobile, The Body Shop, Asics, Kazyon, The Vitamin Shoppe, Goodwill Industries, and Havaianas. CitiXsys has built alliances with Sage, SAP, Microsoft, Magento and provides certified Open API connections to ERP and other third‑party customer-facing solutions. CEO Kamal Karmakar said the company aims to offer complete infrastructure and application management to retailers worldwide and is pursuing strategic acquisition targets to complement its offering. The recent funding is intended to support growth, expansion, and the next phase of digital transformation for the business. CitiXsys is a NYC-based provider of integrated omnichannel retail management solutions, founded in 2005 and led by CEO Kamal Karmakar. Its flagship solution, iVend Retail, addresses in-store terminal and mobile POS transactions, eCommerce, inventory and fulfillment, loyalty programs, pricing and promotion management, and analytics. The software integrates with Sage, SAP, NCR and Microsoft and offers certified connections via Open API to ERP and other third-party solutions. Clients include Samsonite, Virgin Mobile, Crabtree & Evelyn, Circle K, Asics, The Al Muhaidib Group and Havaianas. The company raised $20m in a Series B round and intends to use the funds to ramp up growth and make strategic acquisitions. The Series B brings CitiXsys's total funding to $45m following a $25m Series A.

Led · Series B · Sep 2014

365 Data Centers is a Norwalk, Conn.-based provider of hybrid data center solutions serving carrier, content and enterprise customers. The company operates in ten edge markets with facilities in Boca Raton, Buffalo, Chicago, Detroit, Fort Lauderdale, Indianapolis, Nashville, Philadelphia, New York City and Tampa. It runs 169,000 square feet of data center space, 13 MW of power, and a redundant, low-latency nationwide fiber network with direct connectivity to the NAP of the Americas. 365 offers a carrier-neutral ecosystem and services including edge colocation, network and IP services, DRaaS, backup, cloud compute and storage, and business continuity. The company supports mission-critical infrastructure with SLA protections and compliance to HIPAA, PCI DSS, VISA, SSAE 16, SOC 2 and ISAE 3402. Management, led by CEO Bob DeSantis, plans to use the financing for substantial internal and external growth, investing in team, facilities and systems, network, service offerings, and direct and channel sales organizations. 365 Data Centers is a colocation provider serving small and mid-sized businesses, telecom carriers and cloud service providers. Led by CEO John Scanlon and CFO Kevin Bostick and based in Emeryville, CA, the company operates 17 U.S. data centers across 16 markets. It offers a 100% uptime SLA, a national network of carriers and content providers, and flexible pay-as-you-grow pricing with no long-term lock-in. The company plans to use recent financing to expand operations in tier 1 and tier 2 U.S. markets, develop new data center products, and broaden its cloud and managed services offerings. The article reports the company raised a combined $71M in equity and debt financing to support these initiatives.