TOA Technologies developed an innovative software solutions that streamline the mobile work environment and enhance communications between companies and their customers.
TOA Technologies was founded by two Israeli immigrants, Yuval Brisker and Irad Carmi, in Beachwood Ohio. Brisker, an architect, and Carmi, a classical musician, designed a platform that would become the leading cloud-based field service solution to manage and optimize the last mile of customer service for enterprises, by coordinating activities between dispatchers, mobile employees and their customers. In 2005 Draper Triangle led TOA’s Series A financing and participated in subsequent financing rounds led by Intel Capital in 2008 and Sutter Hill Ventures in 2011. In 2013, Technology Crossover Ventures invested $66 million in a Series E financing. The Company grew to nearly 600 employees with customers in 30 countries. In September, 2014 Oracle acquired TOA in what was believed to be the largest acquisition ever of an Ohio-based technology Company. Draper Triangle partner, Mike Stubler, led the deal and was a member of the Board from Draper Triangle’s initial investment to the acquisition by Oracle.
Yuval Brisker and Irad Carmi