
Catavolt
Rapid Mobile App Development for the Enterprise.
Date | Investors | Amount | Round |
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investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
Founded in 2008, Catavolt established itself as a cloud-based middleware enterprise mobility platform. The company, headquartered in Alpharetta, Georgia, developed an end-to-end platform for mobile application development and delivery, secure cloud orchestration, and edge computing. This platform enabled enterprises to connect their legacy data systems to various internet-connected devices, facilitating mobility. Catavolt's core offering was designed to allow for the rapid creation of personalized and secure enterprise apps without extensive programming, which could integrate with a company's existing systems, whether modern or legacy.
The firm's business model centered on providing software that allowed clients to mobilize their backend data sources and enterprise applications. This addressed the need for real-time data access on mobile devices for improved decision-making and operational efficiencies. Catavolt targeted enterprise clients, particularly within the manufacturing sector, with a focus on subcategories like transportation, machinery, fabricated metals, and electrical manufacturers. The platform operated on a Dual Model Architecture, which masked enterprise data from users and provided access to metadata in the cloud, enhancing security by not storing data directly on the mobile device or in the cloud.
A significant milestone in Catavolt's history was its acquisition by Hexagon AB, a global information technology solutions provider, on May 9, 2017. The acquisition was part of Hexagon's "SMART X" strategy, aimed at making systems more efficient through the Internet of Things (IoT). Hexagon integrated Catavolt's technology to enhance its own digital transformation platform, leveraging Catavolt's expertise in cloud and mobile technologies. Prior to the acquisition, Catavolt had successfully raised $6.5 million over two funding rounds, a Series A in 2012 and a Series B in 2013, with investors including Toba Capital and FCA Venture Partners. At the time of the acquisition, George Mashini served as the Chief Executive Officer of Catavolt.
Keywords: enterprise mobility, mobile application development platform, middleware, cloud orchestration, edge computing, legacy system integration, enterprise app development, data mobilization, secure mobile access, Hexagon acquisition, MADP, enterprise software, real-time data access, business intelligence, mobile security, no-code development, app platform, B2B software, industrial technology