Powa Technologies
Stage
Asset Sale | AssetsPurchasedTotal Raised
$226.7MAbout Powa Technologies
Powa Technologies provides a two-tier solution for maximizing online sales for clients. The first tier is the Powa SaaS (or 'cloud') platform, which is driven by the Powa Control Panel management dashboard for managing customer, product and order information. By enabling the rapid deployment of tactical, distributed online shops, Powa is able to provide clients with a robust online merchandising capability. This distributed environment of expansion eCommerce sites mirrored the changing nature of search engine ranking algorithms, which reflected a strategy on the part of the global search engines towards a country-by-country weighting structure.
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Research containing Powa Technologies
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CB Insights Intelligence Analysts have mentioned Powa Technologies in 1 CB Insights research brief, most recently on Feb 7, 2023.
Expert Collections containing Powa Technologies
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Powa Technologies is included in 1 Expert Collection, including Fintech.
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Powa Technologies Patents
Powa Technologies has filed 6 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
4/22/2013 | 3/1/2016 | Payment systems, Contactless smart cards, Banking technology, Smart cards, Payment service providers | Grant |
Application Date | 4/22/2013 |
|---|---|
Grant Date | 3/1/2016 |
Title | |
Related Topics | Payment systems, Contactless smart cards, Banking technology, Smart cards, Payment service providers |
Status | Grant |
Latest Powa Technologies News
Oct 27, 2017
source Powa Technologies Software company ATTRAQT’s shares collapse 25% on a profit warning. New CFO discovered “inaccuracies” in revenue forecasting. ATTRAQT was founded by Dan Wagner, a serial entrepreneur whose Powa Technologies imploded last year. LONDON – Shares in AIM-listed software company ATTRAQT lost a quarter of their value on Friday after its new CFO discovered “inaccuracies” on its books . ATTRAQT said that Eric Dodd, who became CFO at the start of September, found “inaccuracies in forecasting the timing of certain contracts and client “go-live” dates” following a review commissioned by the board. Revenue is being delayed by “a number of significant new contracts closing but later than planned, and some other contract decisions being delayed.” “Inaccuracies in estimating the period between engagement and the “go-live” dates have also been identified by the review,” ATTRAQT said. As a result, the loss-making company warned revenues for the year will now be roughly 10% lower than initially forecast. ATTRAQT’s share price nose-dived over 25% on the news: source ATTRAQT provides software to help businesses build online shops. It works with the likes of Tesco’s F&F clothing brand, Superdry, TK Maxx, and Paperchase. TAGS
Powa Technologies Frequently Asked Questions (FAQ)
Where is Powa Technologies's headquarters?
Powa Technologies's headquarters is located at The Met Building, London.
What is Powa Technologies's latest funding round?
Powa Technologies's latest funding round is Asset Sale.
How much did Powa Technologies raise?
Powa Technologies raised a total of $226.7M.
Who are the investors of Powa Technologies?
Investors of Powa Technologies include Thompson Investments, Wellington Management, Otto Group and Bright Station Ventures.
Who are Powa Technologies's competitors?
Competitors of Powa Technologies include Salesforce.
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