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Xcelera Inc. · George Town, Grand Cayman Cayman Islands

Company Description

Ugland House, S. Church Street
George Town, Grand Cayman
Cayman Islands (Map)
Phone: +1-203-622-1606
Fax: +1-203-622-1610
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    Xcelera hopes it can incubate a turnaround. The European company, whose fortunes have suffered with the ups and downs of tech stocks, focuses on developing technology startups. At the core of its investments is Mirror Image Internet, which distributes Internet content and provides Web computing services. Xcelera has also invested anywhere between $50,000 to $50 million in Internet infrastructure, software, and security firms such as Protegrity. The company had the registration of its securities revoked by the SEC for repeatedly failing to file required annual and quarterly reports. Brothers Alexander and Gustav Vik control Xcelera. They both also hold leadership roles with Mirror Image Internet. To read the full description, subscribe now.
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    Key Xcelera Inc. Financials

    Company Type

    Xcelera Inc. Executives

    3 executives listed for Xcelera Inc.'s George Town, Grand Cayman location.
    TitleName & BioContact
    Director OperationsChristine WardNetwork
    Director, New York State MuseumClifford SiegfriedNetwork
    Assistant Commissioner, State LibraryJanet WelchNetwork

    Competition

    Competitive Landscape for Xcelera Inc.
    Demand is driven primarily by the pace of technological innovation and the number of companies created to commercialize new technologies. The profitability of individual companies depends on successfully choosing and managing a portfolio of investments. Large companies have advantages in attracting investors, developing expertise in multiple technology markets, and funding large deals. Small companies can compete effectively by concentrating on specific market sectors or geographic areas. The average venture capital investment is about $8 million. Individual, or angel, investors, and large companies with strategic interests in early-stage companies are also sources of new venture funding. To read the full description, subscribe now.
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