# TechCorp Company History

## Founding (2015)

TechCorp was founded in 2015 by Sarah Chen and Marcus Williams in a garage in Austin, Texas. The company started as a small consultancy helping businesses integrate cloud computing solutions. With just $50,000 in seed funding from friends and family, the founders built their first product: a cloud migration tool that automated the process of moving on-premise applications to AWS.

## Early Growth (2016-2018)

In 2016, TechCorp secured $2 million in Series A funding from Horizon Ventures. This allowed the company to hire its first 15 employees and move to a proper office space in downtown Austin. The cloud migration tool gained traction with mid-market companies, reaching 200 paying customers by the end of 2017.

By 2018, TechCorp had expanded its product line to include a monitoring dashboard and a cost optimization tool for cloud infrastructure. Revenue reached $8 million, and the team grew to 45 employees. The company also opened a second office in San Francisco to be closer to the tech ecosystem.

## Scale-Up Phase (2019-2021)

The COVID-19 pandemic in 2020 accelerated cloud adoption worldwide, and TechCorp was perfectly positioned to benefit. Revenue jumped from $15 million in 2019 to $42 million in 2020. The company raised a $30 million Series B round led by Sequoia Capital.

In 2021, TechCorp launched its flagship product: TechCorp Platform, an integrated suite of cloud management tools. The platform combined migration, monitoring, cost optimization, and security into a single dashboard. This was a turning point for the company, as enterprise customers began replacing multiple point solutions with TechCorp's unified platform.

## AI Pivot (2022-2024)

Recognizing the transformative potential of large language models, TechCorp made a strategic pivot in 2022. The company invested heavily in AI capabilities, hiring a team of 30 ML engineers and researchers. By 2023, TechCorp had integrated AI into its platform, offering intelligent cost recommendations, automated incident response, and natural language querying of infrastructure metrics.

The AI features drove rapid growth: revenue hit $120 million in 2023 and $210 million in 2024. TechCorp raised a $150 million Series C round at a $2.1 billion valuation, officially becoming a unicorn.

## Present Day (2025-2026)

TechCorp now employs over 800 people across offices in Austin (HQ), San Francisco, London, and Singapore. The company serves more than 5,000 enterprise customers in 40 countries. Key recent milestones include:

- Launch of TechCorp Hardware division (TC-2026 laptop)
- Partnership with major cloud providers (AWS, Azure, GCP)
- Opening of TechCorp Research Lab focused on AI safety
- Filing for IPO expected in Q3 2026

## Leadership

- **CEO:** Sarah Chen (co-founder)
- **CTO:** Marcus Williams (co-founder)
- **CFO:** David Park (joined 2021, previously at Goldman Sachs)
- **VP Engineering:** Priya Patel (joined 2019, previously at Google)
- **VP Product:** James Morrison (joined 2022, previously at Stripe)
