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Internet Business Technologies
Business Summary
IBT is a privately held company that is responsible for the development of Realtime®, a solution for real time server technology, allowing for bandwidth savings by freeing webservers to deal with new requests instead of refreshing current information. IBT was founded in 1997 and is part of the Ongoing Group since 2011.
Overview & Corporate Organization
Basic Information
| Company Tags: | VC Backed |
| Year Founded: | 1997 |
| Fiscal Year End: | 12/31 |
| City: | Odivelas |
| Country: | Portugal |
| Phone: | View |
| Website: | www.realtime.co |
Corporate Organization
| Brands: | IBT Realtime |
| Founders: | Andre Parreira |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Internet > Internet Services > Other Internet Services |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Aug. 2012 | View | Unspecified | Venture Capital | |
| Aug. 2012 | View | Unspecified | Other Investment Firm | |
| Details | Total Round Unspecified2 View | |||
| Total of Funding Shown Above View | ||||
| 1 | BrzTech is part...Read More → |
| 2 | The company plans on using...Read More → |
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Detailed Business Description: Internet Business Technologies
Internet Business Technology Business Overview
Internet Business Technologies is the developer of Realtime, a web development framework for creating live websites and web applications. As of August 2012, the Realtime framework is in beta with over 1,000 developers registered and over 1.2 million users every 24 hours. Founded in 1997, Internet Business Technologies's mission is to change the "request, response" structure of Internet protocol and bring about the real-time web. The company is primarily based outside the US with offices in Brazil, China, and Portugal. Some of its bigger customers include Sephora and the Bank of Brazil. Although South America, Brazil especially, is a growing market for the firm, Internet Business Technologies hopes to further grow the Realtime framework through expansion into the United States.
$100 Million Investment by BRZtech and the Ongoing Group
In August 2011, private equity backed BRZtech and the Ongoing Group invested $100 million in Internet… Continue Reading →
Supplemental Resources
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