About Amplix
Amplix is a company based in Norwood (United States) founded in 2011 was acquired by Gemspring Capital in December 2022.. Amplix has completed 7 acquisitions, including 24By7Security, Amplix and Corporate Accessories Group. Amplix offers products and services including Strategy Services, Evaluation and Procurement, and Implementation Services. Amplix operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Norwood, United States
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
24By7Security
& 6 more
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Acquired by
Gemspring Capital
(Dec 12, 2022)
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Products & Services of Amplix
Amplix offers a comprehensive portfolio of products and services, including Strategy Services, Evaluation and Procurement, and Implementation Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Develop plans for achieving business goals with technology
Solve technology challenges and handle procurement needs
Deploy technology projects on time and within budget
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Funding Insights of Amplix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Amplix
Amplix has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Gemspring Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Flexible capital solutions are provided to middle-market companies by Gemspring Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Amplix
Amplix has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include 24By7Security, Amplix and Corporate Accessories Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud and managed IT services are provided by Net7.
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2013 | ||||
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Offers cybersecurity assessments, compliance training, and risk management services.
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2011 | ||||
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Phones and accessories are retailed through specialized operations.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Amplix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Amplix Comparisons
Competitors of Amplix
Amplix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Amplix
Frequently Asked Questions about Amplix
When was Amplix founded?
Amplix was founded in 2011.
Where is Amplix located?
Amplix is headquartered in Norwood, United States. It is registered at Norwood, Massachusetts, United States.
Who is the current CEO of Amplix?
Joe DeStefano is the current CEO of Amplix.
What does Amplix do?
Amplix was founded in 2011 and is headquartered in Norwood, United States. Operations are conducted in the technology sector, where networking, security, and cloud services are delivered to clients. Additional related services are also offered through the companys domain, amplix.com. Leadership is held by CEO Joe DeStefano, with focus placed on these core areas of expertise.
Who are the top competitors of Amplix?
Amplix's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does Amplix offer?
Amplix offers Strategy Services, Evaluation and Procurement, and Implementation Services.
How many acquisitions has Amplix made?
Amplix has made 7 acquisitions, including 24By7Security, Amplix, and Corporate Accessories Group.
Who are Amplix's investors?
Amplix has 1 investor. Key investors include Gemspring Capital.
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