The company was founded in 2008 and is privately held and venture backed.

The company is privately owned, and venture backed.

From mid-2008 through mid-2010, Telesphere raised more capital than any other venture backed privately held company in Arizona, totaling more than $35 million dollars during that period.

Prior to Wigix, James was founder and CEO of Cyanea Systems, a venture backed company that was sold to IBM.

European venture backed firms have an equal chance of listing on the stock exchange, and a slightly lower chance of a "trade sale" (acquisition by other company).

It was founded as a venture backed startup and raised almost $2 million in funding by 2011.

Brilliant, a technology patent holder, has been CEO of two public companies and other venture backed start ups.

Imran founded InCube Labs in 1995 after forming 8 venture backed medical device companies.

In 1999 he founded LayerOne, a venture backed startup subsequently sold to Equinix (Switch & Data).

Nepal's first joint venture backed bank, Indosuez bank (now Nepal investment bank), was established during his tenure.