About Castleton Technology
Castleton Technology is a Technology company based in Sutton Coldfield (United Kingdom) founded in 1997, and was acquired by MRI Software in April 2020. It operates as a software, IT solutions and services for social housing, commercial and public sectors. Castleton Technology has raised $6.4 million across 1 funding round from investors including Barclays, MRI Software and MXC Capital. The company has 133 employees. Castleton Technology has completed 4 acquisitions, including Brixx, Deeplake Digital and Kinetic Information Systems. Its focus areas include Business Services, IT Services and Suite. Its legal entity is CASTLETON TECHNOLOGIES LIMITED. Its competitors include UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS and 5 more; 5 of its 10 listed competitors have raised funding.
Company details
Castleton Technology provides software, IT solutions and services to social housing, commercial and public sectors. Products include Documotive EDRM (manages documents and supporting information), Agile (helps customer-facing teams to work remotely having access to all of the information in existing back-office systems without having API or integration capability), Documotive CRM (access to all customer contacts), Documotive Purchase to Pay (manages all receipts and integrates with Finance Repair systems) and, others such as Documotive Business Intelligence, Kypera Housing Management, Kypera Financials, Opus Ensemble, Impact Response and Housing Brixx.
- Headquarters Sutton Coldfield, United Kingdom
- Employees 133
- Stage Acquired
- SectorsTechnology
- Website castletonplc.com
- Social LinkedIn X
- Acquired by MRI Software (Apr 2020)
- Legal Name Castleton Technologies Limited
- Date of Incorporation 30 Mar, 2007
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$17.17 M (USD)-9as on Dec 31, 2022
- Net Profit$486.81 K (USD)-32as on Dec 31, 2022
- Total Equity Funding$6.4M (USD)
in 1 rounds
- Latest Funding Round$6.4M (USD), Private Equity Round
Feb 2016
- InvestorsBarclays
& 3 more
- Employee Count133
- Investments & AcquisitionsBrixx
& 3 more
- Acquired byMRI Software
(Apr 2020)
Funding Insights of Castleton Technology
Castleton Technology has successfully raised a total of $6.4M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $6.4 million completed in February 2016. 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 $6.4M
- Total Rounds 1
- Last Round Private Equity Round — $6.4M
- First Round $6.4M
(Feb 2016)
- Investors Count 3
All 1 funding rounds of Castleton Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2016 | $6.4M | Private Equity Round | – | – |
4 investors in total: 4 institutional.
Investors in Castleton Technology
Castleton Technology has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Barclays, MRI Software and MXC Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early & Growth stage tech & offline focused VC firm funding companies in the UK & Ireland | – | bgf.co.uk | Belfast, United Kingdom | |
Funding and advisory services are offered to TMT sector companies. | 2009 | mxccapital.com | St. Peter Port, United Kingdom | |
Diversified financial services are provided across global markets. | 1690 | home.barclays | London, United Kingdom | |
Property management software is provided for residential and commercial properties. | 1971 | mrisoftware.com | Solon, United States |
Investor details for Castleton Technology
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People of Castleton Technology
8 people are tracked at Castleton Technology (7 in leadership, 1 in team); the tracked headcount is 133.
| Name | Role | Group |
|---|---|---|
Dean Dickinson | Chief Executive Officer | Leadership |
James Massey | Chief Operating Officer Software Solutions | Leadership |
Ben Cullen | Chief Technology Officer | Leadership |
Mark Wood | Managed Accounts Sales & Marketing Director | Leadership |
Haywood Chapman | Chief Financial Officer | Leadership |
Ian Niblock | Director of Development & Product Strategy | Leadership |
Jimmy Rogers | New Business Sales & Marketing Director | Leadership |
Laura Phelan-rogers | HR Manager | Team |
Complete people profiles for Castleton Technology
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Investments & Acquisitions by Castleton Technology
Castleton Technology has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Brixx, Deeplake Digital and Kinetic Information Systems.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-driven software for social housing management is provided. | deeplake.co.uk | Cardiff, United Kingdom | 2008 | Jan 2019 | $2.3M | |
Cloud-enabled solutions for social housing management are provided. | kineticis.com.au | Australia | 0 | Dec 2017 | $2.29M | |
Provider of accounting and finance management solution | kypera.com | London, United Kingdom | 1981 | Jan 2016 | $4.98M | |
Financial planning and forecasting tools are offered to small businesses. | brixx.com | Reading, United Kingdom | 2002 | Jun 2015 | •••• |
Complete acquisition details for Castleton Technology
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Timeline of Castleton Technology
8 dated milestones of Castleton Technology across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Castleton Technology is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Brixx.
- Acquisition Acquires Kypera.
- Funding First funding round of $6.4M.
- Acquisition Acquires Kinetic Information Systems.
- Acquisition Acquires Deeplake Digital.
- Exit Acquired by MRI Software.
Competitors of Castleton Technology
Castleton Technology has 10 listed competitors in our database, 5 of them funded. They include UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| reply.com | 1996 | Turin, Italy | $24.33M | – | AI, cloud, and blockchain services are provided globally. | |
| globant.com | 2003 | Buenos Aires, Argentina | $30M | 564 | IT and digital transformation services are delivered to various industries. | |
| ionos.com | 1988 | Chesterbrook, United States | – | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| persistent.com | 1990 | Pune, India | $18.8M | 20,909 | IT consulting, data analytics, and digital transformation services are provided. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| epam.com | 1993 | Newtown Square, United States | $50M | – | Provider of software development, data analytics, and other IT suite services |
Detailed competitors of Castleton Technology
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Top companies in IT Services & Operations
10 companies that operate in the same segment as Castleton Technology (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 5,196 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | 7,596 | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Castleton Technology
Castleton Technology was founded in 1997 and raised its 1st funding round 19 years after it was founded.
Castleton Technology is headquartered in Sutton Coldfield, United Kingdom. It is registered at Sutton Coldfield, West Midlands, United Kingdom.
Castleton Technology is a funded company, having raised a total of $6.4M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $6.4M, raised on Feb 2016.
Castleton Technology has 133 employees.
Annual revenue of Castleton Technology is $17.17M as on Dec 31, 2022.
Castleton Technology provides software, IT solutions and services to social housing, commercial and public sectors. Products include Documotive EDRM (manages documents and supporting information), Agile (helps customer-facing teams to work remotely having access to all of the information in existing back-office systems without having API or integration capability), Documotive CRM (access to all customer contacts), Documotive Purchase to Pay (manages all receipts and integrates with Finance Repair systems) and, others such as Documotive Business Intelligence, Kypera Housing Management, Kypera Financials, Opus Ensemble, Impact Response and Housing Brixx.
Castleton Technology's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
Castleton Technology has made 4 acquisitions, including Brixx, Deeplake Digital, and Kinetic Information Systems.
Castleton Technology has 4 investors. Key investors include Barclays, MRI Software, MXC Capital, and BGF.
Castleton Technology operates through Castleton Technologies Limited.
Yes. Castleton Technology was acquired by MRI Software in April 2020.