Top Image Systems (TIS) Ltd.

www.topimagesystems.com

Now Top Image Systems (a Kofax company)

High-Tech Company

Acquired by Kofax

TECH VERTICALS

Computer Vision, Enterprise Applications, FinTech, Machine Vision

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Revenue Growth
Established	1991
Number of Employees	176
Employees in Israel	26

DESCRIPTION

Top Image Systems is a leading global provider in the Enterprise Content Management (ECM) solutions market. It provides you with the technology to automatically transform any information entering your organization into useful and accessible electronic data, delivering it directly and efficiently to the relevant business system for action.

Its ECM solutions have been placed in 800 enterprise-level installations in more than 40 countries. They are supported by a closely-integrated network of distributors, system integrators and value added partners. TIS partners are leaders in their field, and include SAP, Oracle, IBM, Accenture, Xerox, CACI, Kodak, Fujitsu, Williams Lea, Bosch BCC, MFM Hofmaier, Scanservice and Braintribe.

TECHNOLOGY

eFLOW™ is its powerful, proven and homegrown technology. eFLOW provides customers with a end-to-end solution to capture, classify, process, validate and deliver business-critical key data lying within incoming documents, to the people who need it most.

eFLOW is designed to work with various ERP, finance and purchasing systems, allowing organizations to retain and exploit the inherent value in their legacy systems.

eFLOW is based on a 'One platform. Multiple choices' approach offering customers modular or comprehensive solutions to best meet their specific industry and business process needs.

eFLOW reduces manual intervention by the use of workflow, improves response time to customers, suppliers and partners, and ensures compliance with corporate regulations and industry standards. Processing efficiency, accurate information and improved throughput lead to significant savings and rapid ROI.

ESTIMATED ANNUAL SALES

Year	Amount
2017	500
2016	490
2015	480
2014	470
2013	460
2012	450
2011	440
2010	430
2010	420
2009	410
2008	400
2007	390
2006	380
2005	370
2004	360
2003	350
2002	340
2001	330

	TARGET MARKETS
	Banks, Insurance Companies, Credit Card Franchisees, Government Agencies, Business Process Outsourcers and Form Processing Service Bureaus and other large and mid-sized enterprises across varied industry sectors.

	BUSINESS MODEL
	B2B

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Law Firm
abC Defghij	Accounting Firm

CONTACT INFO

Expand / Collapse All

Main Address: Ramat Gan, Israel

Address	2 Ben Gurion St., BSR Tower #1
POB	42
City	Ramat Gan
Country	Israel
Zip	5257334

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Plano, United States

Address	5208 Tennyson Parkway, Suite 100
City	Plano
State/Province	TX
Country	United States
Zip	75024

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Koln, Germany

Address	Im Mediapark 8
City	Koln
Country	Germany
Zip	50670

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Reading, Berkshire, United Kingdom

Address	400 Thames Valley Park Drive
City	Reading, Berkshire
Country	United Kingdom
Zip	RG6 1PT

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Kowloon, Hong Kong

Address	Unit A1, 13/F, OfficePlus @ Mongkok, No. 998 Canton Road
City	Kowloon
Country	Hong Kong

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Singapore, Singapore

Address	7 Temasek Blvd, #07-03 Suntec Tower One
City	Singapore
Country	Singapore
Zip	038987

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Sydney, NSW, Australia

Address	8 Lord St., Botany
City	Sydney, NSW
Country	Australia
Zip	NSW 2019

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Tokyo, Japan

Address	Ichibancho Court 5F, 15-21 Ichibancho, Chiyoda-ku
City	Tokyo
Country	Japan
Zip	102-0082

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. John London	Interim CFO
Mr. Brendan Reidy	CEO
Mr. John McCaffrey	VP & General Manager, TIS Americas
Mr. Arvind Sharma	SVP, Engineering
Mr. Alex Toh	Managing Director, Asia Pacific & Japan
Mr. Ethen Schachle	Senior Director, Product Management
Mr. Izhak Nakar	Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	Co-Founder, Trident Capital
abC Defghij	Board Member	Former General Partner, Hyperion Israel Venture Partners

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Feb. 05, 2019

Revenue Growth

abCDe

06/05/2019: Kofax, a portfolio company of Thoma Bravo and a leading supplier of Intelligent Automation software solutions, announced the closing of the acquisition.

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	High-Tech Company	abCDe

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
Feb. 02, 2014	Third Public Offering	NASDAQ CM	abCDe	abCDe
Dec. 26, 2006	Second Public Offering	TASE	abCDe	abCDe	Convertible Debentures
Dec. 03, 2006	Dual Listing	TASE	abCDe	abCDe
Oct. 01, 2004	Listing	NASDAQ CM	abCDe	abCDe
Nov. 22, 1996	IPO	NASDAQ CM	abCDe	abCDe	10/2004: Delisted from NASDAQ and started trading onNASDAQ Capital Market

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Buyout

Mar. 01, 2009

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	N/A	abCDe	Acquired Charterhouse's holding in the company
abC Defghij	N/A	abCDe	Acquired Charterhouse's holding in the company

PIPE

Jun. 10, 2004

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Private Equity Fund	abCDe	Holds 20% of the company
abC Defghij	Institutional Investor	abCDe

PIPE

Feb. 01, 2000

Initial Revenues

abCDe

First Round

Jan. 01, 1993

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Sold its holdings in the company (7%)
abC Defghij	Private Investor	abCDe
abC Defghij	Other	abCDe
abC Defghij	Investment Bank	abCDe
abC Defghij	Other	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Other	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Other	abCDe

	Acquisitions made by TiS

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	Enterp...	Jul. 16, 2014	abCDe	$9m in cash.
abC Defghij	N/A	Jul. 09, 2007	abCDe	Acquired 51% of the company
abC Defghij	N/A	Apr. 13, 2007	abCDe
abC Defghij	Consum...	Sep. 04, 2001	abCDe

Last Updated:	abCDe
IVC Number:	abCDe