Aspire Technology

Dublin, Ireland Founded: 2010 • Age: 16 yrs Acquired By NEC
Software solutions, network services, and consulting are provided.
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About Aspire Technology

Aspire Technology is a company based in Dublin (Ireland) founded in 2010 was acquired by NEC in July 2022. It operates as a Professional Services, and Managed Services. Aspire Technology has raised $1.44 million across 2 funding rounds from investors including NEC, Föckersperger Ventures and bcommercelabs. Aspire Technology offers products and services including Network Solutions, Open Networks Lab, and Consulting Services. Aspire Technology operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Dublin, Ireland
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nec Aspire Technology
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.44 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.18 M (USD), Seed

    Sep 28, 2020

  • Investors
    NEC

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    NEC

    (Jul 01, 2022)

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Products & Services of Aspire Technology

Aspire Technology offers a comprehensive portfolio of products and services, including Network Solutions, Open Networks Lab, and Consulting 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.

Primary

End-to-end network solutions are provided for telecommunications.

Open network testing services are offered for innovation.

Strategic consulting is delivered for network optimization needs.

Funding Insights of Aspire Technology

Aspire Technology has successfully raised a total of $1.44M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.18 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $1.2M
  • First Round

    (01 Jun 2017)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2020 Amount Seed - Aspire Technology Valuation Föckersperger Ventures
Jun, 2017 Amount Seed - Aspire Technology Valuation bcommercelabs
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aspire Technology

Aspire Technology has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include NEC, Föckersperger Ventures and bcommercelabs. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
No specific business activity is described for this entity.
Founded Year Domain Location
Cloud-based IT and networking solutions are provided globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aspire Technology

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Aspire Technology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aspire Technology Comparisons

Employees
+
Add Comparison
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Competitors of Aspire Technology

Aspire Technology 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
domain founded_year HQ Location
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
AI, cloud, and blockchain services are provided globally.
domain founded_year HQ Location
IT and digital transformation services are delivered to various industries.
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aspire Technology

Frequently Asked Questions about Aspire Technology

When was Aspire Technology founded?

Aspire Technology was founded in 2010 and raised its 1st funding round 7 years after it was founded.

Where is Aspire Technology located?

Aspire Technology is headquartered in Dublin, Ireland.

Is Aspire Technology a funded company?

Aspire Technology is a funded company, having raised a total of $1.44M across 2 funding rounds to date. The company's 1st funding round was a Seed of $260K, raised on Jun 01, 2017.

What does Aspire Technology do?

End-to-end multi-vendor software solutions and network services are delivered by Aspire Technology to communication service providers. Consulting and specialized OpenRAN Lab services are also offered to transform business operations. Focus is placed on network planning, design, rollout, optimization, and support. Energy efficiency and open network integration are prioritized in the telecommunications sector. Tailor-made solutions are created by a diverse team of experts for global clients.

Who are the top competitors of Aspire Technology?

Aspire Technology's top competitors include Happiest Minds, 1&1 IONOS and Genpact.

What products or services does Aspire Technology offer?

Aspire Technology offers Network Solutions, Open Networks Lab, and Consulting Services.

Who are Aspire Technology's investors?

Aspire Technology has 3 investors. Key investors include NEC, Föckersperger Ventures, and bcommercelabs.

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