About bitsIO
bitsIO is a company based in Springfield (United States) founded in 2001 by Suman Gajavelly and Kalpana Krishnamurthi. It operates as a B2B, and D2C. bitsIO offers products and services including Splunk Managed Services, datasensAI for Splunk, Splunk ITSI, MDR, and SOC as a Service. bitsIO operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Springfield, United States
- Founders Suman Gajavelly, Kalpana Krishnamurthi
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Bitsio Private Limited
- Date of Incorporation 05 Feb, 2018
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$18.56 K (USD)301.21as on Mar 31, 2020
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Net Profit
$410.42 (USD)16.97as on Mar 31, 2020
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EBITDA
$623.5 (USD)25.23as on Mar 31, 2020
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of bitsIO
bitsIO offers a comprehensive portfolio of products and services, including Splunk Managed Services, datasensAI for Splunk, Splunk ITSI, MDR, and SOC as a Service. 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.
Services for monitoring and optimizing Splunk platforms.
AI tools for enhancing Splunk data analysis.
Platform for IT service intelligence and monitoring.
Proactive threat detection and response services.
Round-the-clock threat monitoring and incident response.
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Senior Team
2 people
Splunk Team
2 people
CTO Team
1 people
Leadership Team
1 people
COO Team
1 people
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Funding Insights of bitsIO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by bitsIO
| 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 |
Financial Statements - bitsIO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Bitsio Comparisons
Competitors of bitsIO
bitsIO 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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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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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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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about bitsIO
When was bitsIO founded?
bitsIO was founded in 2001.
Where is bitsIO located?
bitsIO is headquartered in Springfield, United States.
Who is the current CEO of bitsIO?
Kalpana Krishnamurthi is the current CEO of bitsIO. They have also founded this company.
What is the annual revenue of bitsIO?
Annual revenue of bitsIO is $18.56K as on Mar 31, 2020.
What does bitsIO do?
bitsIO specializes in delivering managed services for technologies like Splunk, IBM, and Databricks, focusing on security, observability, and data optimization. They help businesses monitor, analyze, and visualize data to enhance operations and security. Based in multiple locations including the USA, UK, India, Costa Rica, and Canada, they serve enterprises across various industries such as financial services and healthcare. Their services include implementation, consulting, and support to improve efficiency and compliance.
Who are the top competitors of bitsIO?
bitsIO's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
What products or services does bitsIO offer?
bitsIO offers Splunk Managed Services, datasensAI for Splunk, Splunk ITSI, MDR, and SOC as a Service.