David Maberry

Austin, TX (USA)
Role(s):
VP/SVP/Dept Head

Comvergence Technology Group

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Location: Austin
Industry: Technology/Web
Year Founded: 2008
Number Employees: 1-10 people
Business Stage: Growth (not profitable)
Entity Type: Limited Liability Company
Description: Key facts about our company include: • Leader in developing Cloud Printing Services (CPS) technology to improve document management, especially for today’s mobile worker using smart phone and tablet technologies. Gartner Group research shows that by 2014, 90% of global 1,000 companies will implement CPS for mobile personnel. • CPS is at the Technology Trigger state of Gartner's Hype Cycle, with 10% of the global 1,000 companies employing CPS today. The current state offers providers the opportunity to benefit from first-mover advantages in locking in partners, setting technological standards, determining pricing models and building brand renown. • Our president is one of the world's leading authorities on Cloud Printing Services technology. He has been in the document technology field for over 20 years and is a Six Sigma Black Belt and Managed Print Services expert for a major document technology company consulting with Fortune 500 companies on a global basis. • Our technology provides critical advantages over other CPS technologies such as EFI’s PrintMe, PrintPOD, Cortado Cloud Print and Xerox Mobile Print. • Key strategic alliances/partnerships have been formed with established international companies in Europe (wanting to expand into the US) and India. • Our company is based in Orlando, FL. with offices in Austin, TX. We expect to close this round of financing in the amount of $1.5 million in the next 90 days. Right now, Comvergence Technology Group currently has annual gross sales in the amount of $250k or Less. Here are some additional details relating to the type and use of funds that we are looking for. Comvergence Technology Group currently plans to use any raised funds primarily for the following purposes: - Operating/Growth Capital(Payroll, Sales & Marketing, etc) as well as continued product enhancement. With that in mind, Comvergence Technology Group is most interested in receiving capital from these types of funding sources: - Equity Funding(Venture Capital, Angel, Private Equity, etc) Please contact me directly at (Phone # removed)if you would like to learn more about our company and/or to schedule a meeting.