About Brightsolid
Brightsolid is a company based in Dundee (United Kingdom) founded in 1995.. Brightsolid has raised $675.11 thousand across 1 funding round from investors including Internet For Business. Brightsolid has completed 2 acquisitions, including Friends Reunited and Synergi. Brightsolid offers products and services including Colocation, Cloud, Cyber Resilience, and Business Continuity. Brightsolid operates in a competitive market with competitors including 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, among others.
- Headquarter Dundee, United Kingdom
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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 Brightsolid Online Technology Limited
- Date of Incorporation 16 Nov, 1995
- Jurisdiction DUNDEE
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Annual Revenue
$12.03 M (USD)0as on Mar 31, 2023
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Net Profit
$-634.91 K (USD)-248as on Mar 31, 2023
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EBITDA
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Total Equity Funding
$675.11 K (USD)
in 1 rounds
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Latest Funding Round
$675.11 K (USD), Unspecified
Jan 05, 2022
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Friends Reunited
& 1 more
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Products & Services of Brightsolid
Brightsolid offers a comprehensive portfolio of products and services, including Colocation, Cloud, Cyber Resilience, and Business Continuity. 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.
Purpose-built centers for secure server and storage hosting.
Hybrid services for scalable and flexible IT infrastructure.
Managed detection and response for data protection.
Immutable backups for critical data and workload recovery.
Funding Insights of Brightsolid
Brightsolid has successfully raised a total of $675.11K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $675.11 thousand completed in January 2022. 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 Funding
- Total Rounds 1
- Last Round Unspecified — $675,107
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First Round
First Round
(05 Jan 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Unspecified - Brightsolid | Valuation | Internet For Business |
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| 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 Brightsolid
Brightsolid has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Internet For Business. 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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Business communication and managed services provider
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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 Brightsolid
Brightsolid has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Friends Reunited and Synergi. 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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Synergi is recognized as a leading UK technology partner.
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2013 | ||||
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Old friends and classmates are reconnected through social networking.
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2000 |
| 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 - Brightsolid
| 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 |
Brightsolid Comparisons
Competitors of Brightsolid
Brightsolid 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 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, 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 |
Public cloud workload management tools and services are provided.
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| domain | founded_year | HQ Location |
Crayon is involved in unspecified business activities.
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| domain | founded_year | HQ Location |
AWS cloud services are provided, including consulting, deployment, and management.
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| domain | founded_year | HQ Location |
Services for the development and support of cloud-based applications
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| domain | founded_year | HQ Location |
Cloud services in PaaS, SaaS, and IaaS are provided.
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| domain | founded_year | HQ Location |
Cloud-based virtual classroom platform for enterprises
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Brightsolid
Frequently Asked Questions about Brightsolid
When was Brightsolid founded?
Brightsolid was founded in 1995 and raised its 1st funding round 27 years after it was founded.
Where is Brightsolid located?
Brightsolid is headquartered in Dundee, United Kingdom. It is registered at Dundee, Scotland, United Kingdom.
Who is the current CEO of Brightsolid?
Elaine Maddison is the current CEO of Brightsolid.
Is Brightsolid a funded company?
Brightsolid is a funded company, having raised a total of $675.11K across 1 funding round to date. The company's 1st funding round was a Unspecified of $675.11K, raised on Jan 05, 2022.
What is the annual revenue of Brightsolid?
Annual revenue of Brightsolid is $12.03M as on Mar 31, 2023.
What does Brightsolid do?
Brightsolid was founded in 1995 and is headquartered in Dundee, United Kingdom. Operations are focused on the information technology sector, where cloud computing, data center management, IT consulting, and associated services are delivered to clients. The company supports various business needs through these offerings, with leadership provided by CEO Elaine Maddison. Activities are centered in the UK, serving regional and potentially broader markets.
Who are the top competitors of Brightsolid?
Brightsolid's top competitors include Crayon, Megazone Cloud and All Cloud.
What products or services does Brightsolid offer?
Brightsolid offers Colocation, Cloud, Cyber Resilience, and Business Continuity.
How many acquisitions has Brightsolid made?
Brightsolid has made 2 acquisitions, including Friends Reunited, and Synergi.
Who are Brightsolid's investors?
Brightsolid has 1 investor. Key investors include Internet For Business.