BitTitan

Bellevue, United States Founded: 2007 • Age: 19 yrs Acquired By Idera
Platform offering cloud application and data migration solutions
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About BitTitan

BitTitan is a company based in Bellevue (United States) founded in 2007 was acquired by Idera in October 2021.. BitTitan has raised $15 million across 2 funding rounds from investors including Idera, Vistara Growth and TVC Capital. The company has 92 employees as of December 31, 2022. BitTitan has completed 1 acquisition, including Perspectium. BitTitan offers products and services including MigrationWiz and User Migration Bundle. BitTitan operates in a competitive market with competitors including Skytap, Infoworks, Velostrata, Chef and Sky.One, among others.

  • Headquarter Bellevue, United States
  • Employees 92 as on 31 Dec, 2022
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bittitan
Operational Areas
Technology → Enterprise IT Services & Distribution
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $15 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    Idera

    & 3 more

  • Employee Count
    92

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Idera

    (Oct 27, 2021)

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Products & Services of BitTitan

BitTitan offers a comprehensive portfolio of products and services, including MigrationWiz and User Migration Bundle. 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

Tool for transferring data to Microsoft 365 and Google Workspace securely.

Bundle for migrating user data and mailboxes efficiently.

People of BitTitan
Headcount 50-200
Employee Profiles 40
Employee Profiles
People
Manoj Kalyanaraman
VP, Product & Engineering
People
Mostafa KhalilNasab
Senior Product Manager
People
Jessica Raymond
Director of Marketing
People
Johnny Nguyen
Software Engineer

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Funding Insights of BitTitan

BitTitan has successfully raised a total of $15M across 2 strategic funding rounds. 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
  • First Round

    (09 Jun 2016)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2019 Amount Series A - BitTitan Valuation Vistara Growth
Jun, 2016 Amount Series A - BitTitan Valuation TVC Capital
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 BitTitan

BitTitan has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Idera, Vistara Growth and TVC 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Debt and equity solutions are provided to mid-to-late-stage technology companies.
Founded Year Domain Location
Growth equity investments are made in B2B software companies by TVC Capital.
Founded Year Domain Location
Venture capital firm focused on multiple sectors
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 BitTitan

BitTitan has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Perspectium. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Enterprise data integration, replication, and monitoring platform is provided.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - BitTitan

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

Bittitan Comparisons

Employees
+
Add Comparison
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Competitors of BitTitan

BitTitan 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 Skytap, Infoworks, Velostrata, Chef and Sky.One, 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
Cloud-based environments are delivered for application development and testing.
domain founded_year HQ Location
Data Transformation and Querying platform
domain founded_year HQ Location
Compute and storage are decoupled via software for cloud workloads.
domain founded_year HQ Location
Infrastructure automation is provided for application servers and cloud integration.
domain founded_year HQ Location
Cloud migration and management solutions are offered for enterprises.
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 Bittitan

Frequently Asked Questions about BitTitan

When was BitTitan founded?

BitTitan was founded in 2007 and raised its 1st funding round 9 years after it was founded.

Where is BitTitan located?

BitTitan is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.

Is BitTitan a funded company?

BitTitan is a funded company, having raised a total of $15M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Jun 09, 2016.

How many employees does BitTitan have?

As of Dec 31, 2022, the latest employee count at BitTitan is 92.

What does BitTitan do?

BitTitan was founded in 2007 and is headquartered in Bellevue, United States. The company operates in the cloud computing sector, where solutions for migrating applications and data from on-premise systems to cloud environments are delivered. Automation of transformations from legacy software to modern cloud-based setups is facilitated, supporting data transfers to newer infrastructures. Services focus on streamlining these migrations for businesses transitioning to cloud operations.

Who are the top competitors of BitTitan?

BitTitan's top competitors include Infoworks, Skytap and RiverMeadow.

What products or services does BitTitan offer?

BitTitan offers MigrationWiz and User Migration Bundle.

How many acquisitions has BitTitan made?

BitTitan has made 1 acquisition, including Perspectium.

Who are BitTitan's investors?

BitTitan has 4 investors. Key investors include Idera, Vistara Growth, TVC Capital, and Tao Capital Partners.

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