About Comstar
Comstar is a company based in West Chester (United States) founded in 1988 was acquired by New Era Technology in April 2022.. Comstar has completed 2 acquisitions, including Comtel and New Era Technology. Comstar offers products and services including Cloud Services, Managed Services, Cybersecurity Solutions, and Professional Services. Comstar operates in a competitive market with competitors including UST, Breed Reply, Globant, NTT DATA and 1&1 IONOS, among others.
- Headquarter West Chester, United States
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
New Era Technology
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Comtel
& 1 more
- Acquired by
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Products & Services of Comstar
Comstar offers a comprehensive portfolio of products and services, including Cloud Services, Managed Services, Cybersecurity Solutions, and Professional 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.
Provides infrastructure and solutions for business data management
Offers ongoing support and maintenance for enterprise systems
Delivers protection against cyber threats and data breaches
Provides expert advice on digital transformation and networking
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Software Development Team
57 people
Leadership Team
30 people
Project Team
28 people
Senior Team
12 people
Sales and Marketing
10 people
Operations Team
9 people
Finance and Accounting
7 people
Human Resources and Administration
7 people
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Funding Insights of Comstar
| 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 |
Investors in Comstar
Comstar has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include New Era Technology and Wincove. 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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Wincove is engaged in private equity investments and recapitalizations.
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Founded Year | Domain | Location | |
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IT network, cloud, data networking, and security solutions are provided.
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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 Comstar
Comstar has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Comtel and New Era Technology. 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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Data security and cloud solutions are provided by Technology Solutions.
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1999 | ||||
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Business phone systems and VoIP services are provided to companies.
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1990 |
| 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 - Comstar
| 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 |
Comstar Comparisons
Competitors of Comstar
Comstar 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, Breed Reply, Globant, NTT DATA 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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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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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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| 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 Comstar
Frequently Asked Questions about Comstar
When was Comstar founded?
Comstar was founded in 1988.
Where is Comstar located?
Comstar is headquartered in West Chester, United States. It is registered at West Chester, Pennsylvania, United States.
What does Comstar do?
Comstar is a managed IT services provider. Offered service covers network monitoring management, patch management, IT help desk, infrastructure design implementation, risk assessment, and compliance testing. Also provides solutions for cloud computing and disaster recovery. Notable clients include Oracle, Virtua, Petplan, and Gaudenzia. Some of the partners include Acronis, Samsung, and Avaya. Other services include telephony and building infrastructure solutions.
Who are the top competitors of Comstar?
What products or services does Comstar offer?
Comstar offers Cloud Services, Managed Services, Cybersecurity Solutions, and Professional Services.
How many acquisitions has Comstar made?
Comstar has made 2 acquisitions, including Comtel, and New Era Technology.
Who are Comstar's investors?
Comstar has 2 investors. Key investors include New Era Technology, and Wincove.
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