What is iTOK?
iTOK operates within the Custom Software & IT Services sector, headquartered in Lehi, Utah. The company, which employs between 5 to 9 individuals and generates between $1M to $5M in revenue, focuses on delivering tailored software solutions and IT services. Its market presence is defined by its ability to provide specialized technological support and development for enterprise clients, positioning it as a key player in its niche.
How much funding has iTOK raised?
iTOK has raised a total of $17.8M across 1 funding round:
Series B
$17.8M
Series B (2014): $17.8M with participation from ABS Capital Partners and vSpring Capital
Key Investors in iTOK
ABS Capital Partners
ABS Capital Partners is a venture capital firm specializing in growth equity for technology-enabled services companies. They focus on B2B software and tech-enabled services, aiming to accelerate growth and build scalable business models.
vSpring Capital
Run Ventures (formerly vSpring Capital) is an investment firm that backs early-stage SaaS and technology breakthroughs. They are dedicated to supporting innovative startups in the tech sector and helping entrepreneurs achieve success.
What's next for iTOK?
With a substantial enterprise-level funding context, iTOK is poised for significant scaling and strategic expansion. The recent major strategic investment suggests a focus on enhancing its service offerings, potentially expanding its market reach, or developing new technological capabilities. This capital infusion is expected to fuel innovation and solidify its competitive advantage within the custom software and IT services industry, enabling the company to pursue ambitious growth objectives and further penetrate its target markets.
See full iTOK company page