Viryanet

Company Overview

Snapshot

Founded in March 1988, Viryanet operated with 51–200 employees, securing funding across two rounds from three investors. The company was acquired by Verisae in June 2014.

Business overview

Viryanet, now part of Verisae, delivers productivity solutions for field-service organizations. The company specializes in building scheduling and dispatch solutions that facilitate mobile field communication for customers across diverse industries, including utility, telecommunications, manufacturing, retail, insurance, medical, and general field services. Its web-based solutions optimize the entire lifecycle of field-service operations, encompassing work order creation, personnel scheduling and dispatch, equipment tracking under warranty, spare parts inventory management, and real-time field reporting. Viryanet G4, leveraging industry best practices and technologies like Microsoft InfoPath, is designed for rapid deployment and extension to support various business processes.

Strategic signal

In June 2014, Viryanet was acquired by Verisae for $19 million. This acquisition marked a strategic consolidation in the mobile workforce management sector, integrating Viryanet's specialized scheduling and dispatch capabilities into Verisae's broader service offerings. The event signaled a clear exit for investors and a new phase for Viryanet's technology under a larger entity.

Company Intelligence Q&A

What was a significant corporate event for Viryanet?

In June 2014, Viryanet was acquired by Verisae for $19 million, leading to its current status as an inactive entity under Verisae.

What is Viryanet's primary business focus?

Viryanet provides productivity solutions for field-service organizations, specializing in mobile workforce management, including scheduling, dispatch, and mobile communication tools.

What industries does Viryanet serve?

Viryanet serves customers in the utility, telecommunications, manufacturing, retail, insurance, medical, and general field service industries.