What is iSpace?
iSpace operates as a global services company with a strategic focus on Information Technology Services, Business Process Services, Location Based Services, and Healthcare Solutions. Headquartered in Los Angeles, the company leverages a seasoned team of professionals across the United States and India. Their core mission revolves around delivering tangible results, fostering innovation, and driving impactful outcomes for their clients within these diverse sectors. The company's operational model emphasizes a blend of technological expertise and service delivery excellence.
How much funding has iSpace raised?
iSpace has raised a total of $264.2M across 3 funding rounds:
Series A
$90.2M
Debt
$2M
Series B
$172M
Series A (2017): $90.2M with participation from Tohoku University Venture Partners
Debt (2020): $2M led by PPP
Series B (2020): $172M supported by Beijing Financial Street Capital Operation Center, Taizhonghe Capital, and CICC Alpha
Key Investors in iSpace
CICC Alpha
CICC Alpha is likely a financial institution or investment arm involved in the company's Series B funding, potentially focusing on growth-stage technology investments.
Taizhonghe Capital
Taizhonghe Capital appears to be a capital investment firm that participated in iSpace's Series B financing, suggesting a focus on significant growth-stage enterprises.
Beijing Financial Street Capital Operation Center
This entity, likely a state-backed or major financial operation center, provided backing for iSpace's Series B round, indicating a strategic interest in the company's enterprise-level services.
What's next for iSpace?
The recent major strategic investment suggests iSpace is poised for significant scaling and expansion. This capital infusion is likely to fuel advancements in their IT and Business Process Services, potentially enabling the company to broaden its market reach and enhance its service offerings in the healthcare technology domain. Future developments may include strategic acquisitions or partnerships to further solidify its position as a leader in global IT and business solutions. The company's ability to attract substantial backing across different funding stages underscores its potential for sustained growth and market influence.
See full iSpace company page
