QWebL, Inc. is a Houston based home automation system provider that specializes in delivering an out‐of‐the‐box solution to home builders, integrators and homeowners, offering control and customization through easy to use controls. Although QWebL developed revolutionary software to make home automation possible, it still required the leadership of a financial professional to transition it to its next phase ‐‐ revenue generation.
Based on the strength of prior services provided to QWebL, Accumyn was asked to assist the company through our Strategic Outsourced CFO services under the leadership of C. Clifford Wright, Jr. Mr. Wright has assisted QWebL in its fund raising efforts by developing a private placement memorandum. The company is currently seeking $2 million from equity investors for growth capital.
Mr. Wright also led the conversion to an appropriate accounting system, developed the company’s billing process, instituted financial reporting and cash flow management, and helped prepare the company for its national sales rollout.
QWebL’s home automation system can be seen at Gallery Furniture’s original store in Houston, Texas at 6006 I‐45 North and at its new Houston location at 2411 Post Oak Boulevard. The company is in talks with a major big box retail chain for nationwide sales and installation.