About ABS Technology
ABS Technology is a Technology company based in Virginia Beach (United States) founded in 1972, and was acquired by ePlus in August 2019. A suite of IT services is provided by ABS Technology. Its focus areas include Business Services, IT Services and Suite. Its competitors include Genpact, 1&1 IONOS and Mavenir; 1 of its 3 listed competitors has raised funding.
Company details
ABS Technology was established in 1972 and is located in Virginia Beach, United States. Operations are centered on the information technology sector, where a range of IT services is delivered through the domain abstechnology.com. The company focuses on providing technical solutions and support to clients across various industries. Geographic activities are primarily based in the United States, with services tailored to business needs in the region.
- Headquarters Virginia Beach, United States
- Stage Acquired
- SectorsTechnology
- Website abstechnology.com
- Acquired by ePlus (Aug 2019)
Funding Insights of ABS Technology
- Total Rounds 1
- Last Round Grant — $53,070
- First Round $53,070
(Jan 2017)
- Investors Count 1
All 1 funding rounds of ABS Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2017 | $53,070 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in ABS Technology
ABS Technology has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include ePlus and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Provider of trusted guidance, innovative and flexible technology solutions, and full lifecycle services support | 1990 | eplus.com | Herndon, United States |
Investor details for ABS Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Timeline of ABS Technology
3 dated milestones of ABS Technology across 47 years, from founding to its latest funding, stage changes and deals.
- Founded ABS Technology is founded.
- Funding First funding round of $53K.
- Exit Acquired by ePlus.
Competitors of ABS Technology
ABS Technology has 3 listed competitors in our database, 1 of them funded. They include Genpact, 1&1 IONOS and Mavenir.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. |
Detailed competitors of ABS Technology
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in IT Services & Operations
3 companies that operate in the same segment as ABS Technology (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Abs Technology
Complete news archive for ABS Technology
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Frequently Asked Questions about ABS Technology
ABS Technology was founded in 1972 and raised its 1st funding round 45 years after it was founded.
ABS Technology is headquartered in Virginia Beach, United States. It is registered at Virginia Beach, Virginia, United States.
ABS Technology was established in 1972 and is located in Virginia Beach, United States. Operations are centered on the information technology sector, where a range of IT services is delivered through the domain abstechnology.com. The company focuses on providing technical solutions and support to clients across various industries. Geographic activities are primarily based in the United States, with services tailored to business needs in the region.
ABS Technology has 2 investors. Key investors include ePlus, and European Union.
Yes. ABS Technology was acquired by ePlus in August 2019.