Pax8
Financials
Estimates*
USD | 2017 |
---|---|
Revenues | 11.0m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$5.1m | Debt | ||
N/A | $350k | Debt | |
N/A | $3.6m | Debt | |
N/A | $13.3m | Early VC | |
N/A | $41.7m | Late VC | |
$96.0m | Late VC | ||
* | $185m Valuation: $1.7b | Late VC | |
* | $50.0m | Debt | |
Total Funding | $336m |
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Recent News about Pax8
EditPax8 is a dynamic player in the cloud computing market, offering a comprehensive cloud marketplace designed to help businesses grow and thrive. The company serves a diverse range of clients, including IT service providers, managed service providers (MSPs), and value-added resellers (VARs). These clients leverage Pax8's platform to access a variety of cloud-based solutions, such as software, infrastructure, and services from leading vendors like Amazon Web Services and Microsoft.
Operating in the rapidly expanding cloud services market, Pax8 provides a unique value proposition through its marketplace. This platform not only offers cloud solutions but also provides insights, coaching, and education to help businesses maximize their potential. The Pax8 Academy, for instance, delivers best-in-class cloud-based education, ensuring that clients are well-equipped to navigate the complexities of cloud technology.
Pax8's business model revolves around creating a robust ecosystem where partners and vendors can connect and collaborate. By facilitating these connections, Pax8 helps its clients streamline their operations and enhance their service offerings. The company makes money through a subscription-based model, where clients pay for access to the marketplace and the various cloud solutions available on it. Additionally, Pax8 earns revenue from the sale of individual cloud services and solutions provided by its vendor partners.
In summary, Pax8 is a cloud marketplace that empowers businesses by providing access to a wide range of cloud solutions, educational resources, and support. The company operates in the cloud computing market, serving IT service providers, MSPs, and VARs. Its business model focuses on subscription fees and sales of cloud services, driving growth for both Pax8 and its clients.
Keywords: Cloud Marketplace, IT Service Providers, Managed Service Providers, Value-Added Resellers, Cloud Solutions, Amazon Web Services, Microsoft, Pax8 Academy, Subscription Model, Cloud Computing.