How Much Did iLife Technologies Raise?
Funding & Key Investors

iLife Technologies has secured significant enterprise-level funding, with its total funding reaching $21M. The company recently announced a major strategic investment of $17M, underscoring its growth trajectory and market position in the tech support sector. This latest capital infusion is expected to fuel further expansion and innovation for the consumer and small business-focused technology services provider.

What is iLife Technologies?

iLife Technologies
Business ServicesSoftware Testing

iLife Technologies is a prominent provider of comprehensive tech support services, catering to both individual consumers and small businesses. The company offers assistance across a broad spectrum of computing and communication devices, as well as software solutions. Its services are designed to ensure seamless operation and efficient problem resolution for its clientele, establishing iLife Technologies as a reliable partner in managing technological needs.

How much funding has iLife Technologies raised?

iLife Technologies has raised a total of $21M across 2 funding rounds:

2021

Angel/Seed

$4M

2023

Series A

$17M

Angel/Seed (2021): $4M with participation from AME Cloud Ventures, Cherubic Ventures, and Foundation Capital

Series A (2023): $17M led by Brewer Lane Ventures, SCOR Ventures, and Foundation Capital

Key Investors in iLife Technologies

Brewer Lane Ventures

Brewer Lane Ventures is an investment firm focused on supporting exceptional entrepreneurs in the financial and healthcare technology sectors. They provide strategic and tactical advice, leveraging their extensive industry knowledge and relationships to help founders build market-leading companies.

Foundation Capital

Foundation Capital is a venture capital firm that partners with bold founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth with deep operational and strategic expertise.

AME Cloud Ventures

AME Cloud Ventures is a venture fund led by Jerry Yang, co-founder of Yahoo!, focusing on seed to later stage companies that build infrastructure and value chains around data. The firm invests in technology-heavy companies that gather or create unique data across various stages of the data stack.

What's next for iLife Technologies?

With the recent injection of $17M in a major strategic investment, iLife Technologies is poised for accelerated growth and enhanced service offerings. This funding, part of its $21M in total capital, will likely be directed towards expanding its service infrastructure, developing new support technologies, and potentially broadening its market reach. The company's focus on consumer and small business tech support positions it to capitalize on the increasing complexity and ubiquity of digital devices and software.

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Frequently Asked Questions Regarding iLife Technologies Financial Insights

What are the most recent funding rounds that iLife Technologies has completed, and what were the funding rounds?
iLife Technologies has recently completed 2 funding rounds: Series A on Jan 26, 2023, Angel/Seed on Jun 14, 2021.
What is the total amount of funding iLife Technologies has raised to date?
iLife Technologies has raised a total of $21M in funding to date.
How many funding rounds has iLife Technologies completed?
iLife Technologies has completed 2 funding rounds.
How much funding did iLife Technologies raise in its most recent funding round?
iLife Technologies raised $17M in its most recent funding round.
Who are the lead investors in iLife Technologies's latest funding round?
The lead investor in iLife Technologies's latest funding round was Brewer Lane Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in iLife Technologies's history?
The largest funding round in iLife Technologies's history was $17M.
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