Netformx

Digital Enterprise Platform for Service Providers

Business Software
Acquired by Orchestra Group
Acquired Tel Aviv-Yafo, Israel Founded 1994
Last updated 2026-06-18
Total raised
$27.0M
Last: 2009-12
Stage
Acquired
Founded
1994
Headcount
45
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software

About

Netformx specializes in helping IT service providers, solution providers, vendors, and distributors increase revenues and create an improved buying experience for their customers. Netformx aims to accelerate profits for solution providers through the use of powerful business intelligence, actionable insights, collaboration, and automation designed to connect people, information, and processes. The Netformx CPQ-for-IT application suite offers a simpler way to configure, design, and sell complex multi-vendor solutions with greater accuracy and speed while also improving profitability. The companys award-winning solutions are used by more than 2,000 service providers, systems integrators, and technology vendor customers worldwide.

Funding history · 2 rounds · $27.0M total

Q&A

What is Netformx's current status?
Netformx was acquired by Orchestra Group in December 2021.
Where is Netformx headquartered?
Netformx's headquarters are located in Tel Aviv-Yafo, Israel.
What is Netformx's primary business sector?
Netformx operates in the Business Software sector.
When was Netformx founded?
Netformx was founded in January 1994.
How much funding has Netformx raised in total?
Netformx has raised a total of $27,000,000 USD.
When was Netformx's last funding round and who were the lead investors?
Netformx's last funding round was in December 2009, with participation from Susquehanna Growth Equity and Valley Venture Capital.
What is the main purpose of Netformx's platform?
Netformx provides a Digital Enterprise Platform for Service Providers, aiming to help IT service providers, solution providers, vendors, and distributors increase revenues and improve the customer buying experience.

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsData Analysis & Decision Support
Technologies
Data StorageCloudPlatforms & InterfacesSoftware
Target customers
Enterprise & Professional Services
Business model
B2B

Tags

software-applicationssaassalesservice-providerscloudcrmitenterprise-solutions
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)