Overview

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Status
Acquired by on November 23, 2010
Total Equity Funding
$32.1M in 5 Rounds from 4 Investors
Headquarters:
South Jordan, Utah
Description:
Encover helps manufacturers and their channel partners manage, market and sell service contracts.
Founders:
Categories:
E-Commerce, Outsourcing, Retail, Software
Website:
http://www.encover.com
Social:

Company Details

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Encover is a provides applications that help manufacturers collaborate with their channel partners to sell more service contracts into their installed base. Encover's founders designed and built Cisco's award-winning Service Contract Center, which enabled customers to renew service contracts over the Web and provided Cisco with 65% of incremental service revenue over the first two years of operation. High-tech manufacturers that include Juniper Networks have used Encover's applications to increase renewal revenues, reduce the cost of sales and increase visibility into their installed base.

Funding Rounds (5) - $32.1M

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DateAmount / RoundValuationLead InvestorInvestors
Apr, 2009$5.1M / Series E0
Oct, 2007$2M / Series D3
May, 2006$8M / Series C3
May, 2004$11M / Series B2
Nov, 2002$6M / Series A2

Offices/Locations (1)

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  • Headquarters

    680 West 10000 South #210

    South Jordan, Utah 84095

    United States

Past Team (1)

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Images (1)

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