What is Kalido?
Kalido Inc. operates within the dynamic Custom Software & IT Services industry. With a workforce estimated between 50 to 99 employees and an annual revenue range of $10 million to $25 million, the company is positioned as a key player in delivering tailored software solutions and IT services. Its focus on custom development suggests a commitment to meeting specific client needs within the enterprise technology landscape.
How much funding has Kalido raised?
Kalido has raised a total of $54.5M across 5 funding rounds:
Series A
$18M
Series B
$10M
Series C
$13.5M
Series D
$10M
Series E
$3M
Series A (2003): $18M with participation from Benchmark Capital and Atlas Venture
Series B (2004): $10M led by Atlas Venture and Matrix Partners
Series C (2005): $13.5M supported by Matrix Partners, Atlas Venture, and Benchmark Capital
Series D (2007): $10M featuring Atlas Venture, Matrix Partners, and Balderton Capital
Series E (2009): $3M backed by Atlas Venture and Matrix Partners
Key Investors in Kalido
Atlas Venture
Atlas Venture is a pioneering early-stage venture capital firm focused on creating and building breakthrough biotechnology companies that translate cutting-edge science into life-changing medicines. The firm partners with exceptional life science entrepreneurs to support the launch and growth of innovative biotech startups. With a deep commitment to advancing medical innovation, Atlas Venture helps transform promising scientific discoveries into real-world health solutions. Its team brings seasoned expertise and strategic insight to nurture emerging ventures across the biotech landscape.
Matrix Partners
Headquartered in Chicago, Matrix Partners is an award-winning firm that specializes in pet product strategy, advertising and public relations. Passionate About PetsSM since 1987, Matrix has created successful marketing campaigns for hundreds of consumer and pet product brands. Matrix Partners' client experience includes dozens of national brands ranging from pet foods, treats and supplements to cat litter, accessories and grooming aids.
Benchmark Capital
Benchmark Capital is a prominent venture capital firm known for its investments in early-stage technology companies. The firm has a history of backing successful startups and providing strategic guidance to help them scale and achieve market leadership. Benchmark's investment philosophy often centers on identifying disruptive technologies and supporting visionary founders.
What's next for Kalido?
The recent major strategic investment into Kalido indicates a strong confidence from its backers in the company's future prospects. This capital injection is likely to fuel further product development, expansion into new markets, and enhancement of its service offerings. As Kalido moves forward, it is expected to leverage this financing to solidify its competitive advantage and pursue strategic growth initiatives within the custom software and IT services domain, potentially exploring new technological frontiers or scaling its operational capacity.
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