ViryaNet Ltd.

www.viryanet.com

Formerly RTS ; Now ViryaNet (an Accruent company)

High-Tech Company

Acquired by Verisae

TECH VERTICALS

Communications, Enterprise Applications, IoT

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Revenue Growth
Established	1988
Number of Employees	69

DESCRIPTION

ViryaNet delivers mobile workforce management solutions that intelligently guide, automate, and optimize both simple and complex field service work, resulting in measurable business benefits. ViryaNet's products, pre-packaged solutions and people are recognized within the industry as innovative which in turn enables its' customers to be viewed as leaders within their respective industries. ViryaNet's G4 products specialize in the functions of scheduling and dispatching resources and enabling mobile field communication and are delivered in industry specific configurations. Embedding industry best practices and utilizing innovative technologies like ViryaNet's BPM Blueprint for Mobile Workforce Management™, Microsoft InfoPath® and device agnostic mobile solutions enable ViryaNet's products to be rapidly deployed and extended to support virtually any business process across a wide range of industries.

TECHNOLOGY

Mobile Workforce Management Software.

ESTIMATED ANNUAL SALES

Year	Amount
2008	500
2007	490
2006	480
2005	470
2004	460
2003	450
2000	440

	TARGET MARKETS
	Utility, Telecommunications, Grocery and Retail, High-technology Manufacturing, and HVAC Industries.

	BUSINESS MODEL
	B2B

COMPETITORS

ClickSoftware

CONTACT INFO

Expand / Collapse All

Main Address: Jerusalem, Israel

Address	8 Hamarpe St., Har Hotzvim
POB	45041
City	Jerusalem
Country	Israel
Zip	91450

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

Branch Address: Westborough, United States

Address	112 Turnpike Road
City	Westborough
State/Province	MA
Country	United States
Zip	01581

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

Branch Address: Tampa, United States

Address	8270 Woodland Center Blvd
City	Tampa
State/Province	FL
Country	United States
Zip	33614

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. Clint Fuller	VP, Business Development
Mr. Glenn Martin	VP, Sales
Mr. Talmon Friedlander	VP, Cloud Solutions
Mr. Samuel HaCohen	Co-Founder
Mr. Vladimir Morgenstern	Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	CTO, FiTracks Inc.
abC Defghij	Board Member	Director & CEO, Telvent
abC Defghij	Board Member	Former Founder & CEO, Barak I.T.C

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Jun. 10, 2014

Revenue Growth

abCDe

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
Oct. 29, 2001	Dual Listing	TASE	abCDe	abCDe	06/2004: Delisted its shares from trade on TASE
Sep. 19, 2000	IPO	OTC Pink	abCDe	abCDe	Originally traded on NASDAQ; 06/2007: Voluntarily delisted from NASDAQ, and began trading through OTCBB on Pink Sheets.

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Other

Jun. 01, 2011

abCDe

PIPE

Dec. 21, 2007

Revenue Growth

abCDe

Buyout

Nov. 30, 2006

Revenue Growth

abCDe

PIPE

May. 05, 2006

Revenue Growth

abCDe

PIPE

Sep. 29, 2005

Revenue Growth

abCDe

PIPE

Feb. 20, 2005

Revenue Growth

abCDe

PIPE

Aug. 08, 2004

Revenue Growth

abCDe

PIPE

Nov. 11, 2003

Revenue Growth

abCDe

PIPE

Oct. 30, 2003

Revenue Growth

abCDe

PIPE

Aug. 05, 2003

Revenue Growth

abCDe

Other

Jan. 01, 2001

abCDe

Fifth Round

Mar. 01, 2000

Revenue Growth

abCDe

Fourth Round

Jun. 01, 1999

Initial Revenues

abCDe

Third Round

Apr. 01, 1998

Initial Revenues

abCDe

Second Round

Oct. 01, 1996

Initial Revenues

abCDe

First Round

Jan. 01, 1993

R&D

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Jun. 01, 1998

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-National Fund	abCDe

	Acquisitions made by ViryaNet

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	N/A	Jun. 02, 2005	abCDe
abC Defghij	N/A	Jul. 12, 2004	abCDe	Cash and Shares deal.
abC Defghij	N/A	Feb. 26, 2002	abCDe	Share swap

Last Updated:	abCDe
IVC Number:	abCDe