Press-sense

Company Overview

Snapshot

Founded in January 2001 by Amir Karby, Press-sense operated with 1–10 employees and raised $14 million across three funding rounds from three investors. The company was acquired by Pageflex in May 2010.

Business overview

Press-sense develops business flow automation solutions specifically for the print industry. The company's core products, Press-sense iWay and Press-sense Manager, provide commercial printing and digital service providers with business management tools designed to maximize production efficiency, monitor and reduce costs, and increase profit margins. These solutions apply process automation to business-related tasks such as order taking, price quoting, fulfillment, and shipping, enabling commercial printers to offer value-added services, generate new revenue streams, and expand into new markets. Press-sense operates within the Business Software sector, focusing on enterprise solutions and software development tools for enterprises in Europe and Asia.

Strategic signal

Press-sense was acquired by Bitstream in May 2010 for $4.5 million, a strategic move that integrated its print industry automation solutions into a larger entity. This acquisition signaled a consolidation within the print technology sector, highlighting the value placed on specialized process automation tools. For investors, this event demonstrated the potential for successful exits in niche business software markets, particularly for companies providing efficiency-enhancing solutions.

Company Intelligence Q&A

When was Press-sense founded?

Press-sense was founded in January 2001.

Who founded Press-sense?

Press-sense was founded by Amir Karby.

What was a significant corporate event for Press-sense?

In May 2010, Press-sense was acquired by Pageflex, leading to its inactive status.

What was the acquisition amount for Press-sense by Bitstream?

Bitstream acquired the assets of Press-sense for $4.5 million in May 2010, as reported by Printweek. This strategic acquisition integrated Press-sense's print industry automation solutions into Bitstream's operations.

Which investors participated in Press-sense's funding rounds?

Evergreen Venture Partners and Vertex Ventures Israel participated in a funding round in June 2005. Evergreen Venture Partners and Vertex Ventures Israel also participated in a funding round in July 2007. Viola Credit participated in a funding round in June 2008.