Micro Focus
Financials
Estimates*
USD | 2022 |
---|---|
Revenues | 2.7b |
Date | Investors | Amount | Round |
---|---|---|---|
$8.0m | Early VC | ||
N/A | $14.4m | Series A | |
$120m | Series B | ||
N/A | $9.5m | Series B | |
N/A | - | ||
$3.0m | Series C | ||
* | N/A Valuation: $6.0b | Acquisition | |
Total Funding | CAD211m |
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Recent News about Micro Focus
EditMicro Focus is a global enterprise software company that provides a wide range of solutions aimed at helping organizations manage their IT operations, security, and application delivery. The company serves a diverse client base, including large enterprises, government agencies, and financial institutions. Operating in the enterprise software market, Micro Focus offers products that help businesses optimize their IT infrastructure, ensure compliance, and improve operational efficiency.
Micro Focus's business model revolves around selling software licenses, subscriptions, and providing professional services. The company generates revenue through the sale of its software products, which include IT Operations Management (ITOM), Application Delivery Management (ADM), and security solutions like ArcSight and Fortify. Additionally, Micro Focus offers consulting, training, and support services to help clients maximize the value of their software investments.
Micro Focus's key offerings include the Micro Focus Marketplace, which expands the functionalities of its products with essential apps, add-ons, and extensions. The company also provides tools like the ALM Client Launcher, which enables users to run an ALM client on any Windows machine without the need for Internet Explorer or admin permissions. Other notable products include the Service Management Automation Service Portal, which is available as a mobile app, and LoadRunner, a performance testing solution.
Micro Focus's solutions are designed to help organizations manage and secure their IT environments, streamline application delivery, and ensure business continuity. The company's focus on innovation and customer-centric approach has made it a trusted partner for businesses looking to navigate the complexities of modern IT landscapes.
Keywords: enterprise software, IT operations, security, application delivery, compliance, efficiency, consulting, training, support, performance testing.