What is CM First?
CM First Group, headquartered in Austin, Texas, is a software company focused on delivering rapid, reliable, and cost-effective tools designed to optimize and transform enterprise applications. The company's core mission revolves around enhancing the efficiency and effectiveness of enterprise software solutions for its clientele.
How much funding has CM First raised?
CM First has raised a total of $1.4M across 2 funding rounds:
Private Equity
$1.2M
Debt
$150K
Private Equity (2017): $1.2M with participation from Central Texas Angel Network, Capital Factory companies, and Lone Rock Technology Group
Debt (2020): $150K led by PPP
Key Investors in CM First
Central Texas Angel Network
Central Texas Angel Network (CTAN) is a prominent angel investment firm based in Austin, Texas, that has invested $142.4 million in 233 companies since its inception in 2006. The organization comprises 140 accredited investor members from diverse sectors, providing not only capital but also mentorship and resources to early-stage businesses.
Capital Factory companies
Capital Factory serves as a hub for entrepreneurs, programmers, and designers, providing resources, networks, and support to help startups thrive. With locations in major Texas cities and Washington, DC, it connects innovators with investors, employees, and customers.
Lone Rock Technology Group
Lone Rock Technology Group is a private investment firm that specializes in operational strategies aimed at fostering growth within the enterprise software sector. The firm focuses on acquiring and optimizing operating companies to overcome challenges and achieve significant expansion.
What's next for CM First?
The recent major strategic investment signals a pivotal phase for CM First Group, likely enabling accelerated product development, market expansion, and enhanced customer support. This influx of capital is expected to fortify its competitive edge in the enterprise application optimization sector, positioning the company for sustained growth and innovation.
See full CM First company page
