How Much Did SupportSpace Raise?
Funding & Key Investors

SupportSpace has secured $36.3M in total funding, with its most recent capital infusion of $12M described as a major strategic investment. This significant backing indicates a strong market position and potential for accelerated growth in the technical support sector.

What is SupportSpace?

SupportSpace
Business ServicesSoftware TestingCall Centers & Business Centers

SupportSpace positions itself as a comprehensive solution for technical assistance, offering users immediate access to a vast network of certified tech support experts. The company aims to provide friendly, professional, and efficient service for a wide array of technical issues, including software selection, installation problems, virus removal, and hardware guidance. Their 24/7 availability underscores a commitment to user convenience and problem resolution, catering to individuals and potentially businesses seeking reliable IT support.

How much funding has SupportSpace raised?

SupportSpace has raised a total of $36.3M across 3 funding rounds:

2006

Series A

$14.3M

2009

Series B

$10M

2011

Unspecified

$12M

Series A (2006): $14.3M with participation from Gemini Israel and Brm Group

Series B (2009): $10M, investors not publicly disclosed

Unspecified (2011): $12M supported by Gemini Israel Funds, Emergence Capital Partners, and BRM Capital

Key Investors in SupportSpace

Gemini Israel Funds

Gemini Investors is a private investment firm focused on the smaller end of the middle market, investing in established companies with experienced management teams and strong growth potential. The firm provides both equity and debt capital, engaging in minority ownership or control transactions across various sectors including Business Services, Consumer Products and Services, Healthcare, Later Stage Technology, Manufacturing & Distribution, and Waste & Recycling.

Emergence Capital Partners

Emergence is the leading venture capital firm focused on early-stage enterprise companies. Its mission is to be the most valuable partner to the most important companies that are changing the way the world works.

BRM Capital

Since 1985, Prestige Capital has helped nearly 1,000 companies grow or turn around their businesses by providing more than $4 billion in funds by converting accounts receivable into immediate working capital. If youd like to work with a flexible funding source that has your best interests at heart, in a simple, straightforward process with a fast response, contact one of the company's team members today to help your business realize its full potential.

What's next for SupportSpace?

The recent major strategic investment suggests SupportSpace is poised for significant expansion. This capital infusion will likely be directed towards enhancing its service offerings, broadening its expert network, and potentially scaling its operational infrastructure to meet increasing demand. The company's focus on enterprise-level support, coupled with its broad service scope, positions it for continued development and market penetration in the competitive tech support landscape.

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Frequently Asked Questions Regarding SupportSpace Financial Insights

What are the most recent funding rounds that SupportSpace has completed, and what were the funding rounds?
SupportSpace has recently completed 3 funding rounds: Unspecified on Jul 14, 2011, Series B on Nov 25, 2009, Series A on Oct 24, 2006.
What is the total amount of funding SupportSpace has raised to date?
SupportSpace has raised a total of $36.3M in funding to date.
How many funding rounds has SupportSpace completed?
SupportSpace has completed 3 funding rounds.
How much funding did SupportSpace raise in its most recent funding round?
SupportSpace raised $12M in its most recent funding round.
Who are the lead investors in SupportSpace's latest funding round?
The lead investor in SupportSpace's latest funding round was Gemini Israel Funds. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SupportSpace's history?
The largest funding round in SupportSpace's history was $14.3M.
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