About Digital.ai
Digital.ai is a company based in Boston (United States) founded in 1999.. Digital.ai has raised $26.5 million across 2 funding rounds from investors including LLR Partners and OpenView. The company has 244 employees as of April 05, 2024. Digital.ai has completed 3 acquisitions, including ClearCode Labs, Experitest and Numerify. Digital.ai offers products and services including Agility, Application Security, Continuous Testing, Deploy, and Intelligence. Digital.ai operates in a competitive market with competitors including JFrog, NGINX, Sonatype, Progress and CollabNet, among others.
- Headquarter Boston, United States
- Employees 244 as on 05 Apr, 2024
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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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- Legal Name Digital.Ai Software India Private Limited
- Date of Incorporation 11 Apr, 2003
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$11.8 M (USD)22.27as on Mar 31, 2023
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Net Profit
$1.29 M (USD)21.02as on Mar 31, 2023
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EBITDA
$1.68 M (USD)5.03as on Mar 31, 2023
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Total Equity Funding
$26.5 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series B
Nov 11, 2014
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Investors
LLR Partners
& 1 more
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Employee Count
244
as on Apr 05, 2024
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Investments & Acquisitions
ClearCode Labs
& 2 more
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Products & Services of Digital.ai
Digital.ai offers a comprehensive portfolio of products and services, including Agility, Application Security, Continuous Testing, Deploy, and Intelligence. 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.
Tools for enterprise agile planning and faster software delivery
Protects and monitors applications against threats and attacks
Delivers scalable web and mobile testing for flawless experiences
Automates and scales application deployment across environments
Provides AI-powered insights for software development lifecycle
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Funding Insights of Digital.ai
Digital.ai has successfully raised a total of $26.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in November 2014. 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 2
- Last Round Series B — $20.0M
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First Round
First Round
(11 Jul 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2014 | Amount | Series B - Digital.ai | Valuation |
investors |
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| Jul, 2007 | Amount | Series A - Digital.ai | Valuation |
investors |
| 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 Digital.ai
Digital.ai has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include LLR Partners and OpenView. 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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Private equity firm investing in technology and healthcare businesses for growth capital.
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Founded Year | Domain | Location | |
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US expansion-stage companies are invested in by OpenView.
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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 Digital.ai
Digital.ai has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ClearCode Labs, Experitest and Numerify. 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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Web development and maintenance services are provided by ClearCode Labs.
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2014 | ||||
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Cloud-based IT analytics and management solutions are provided.
|
2012 | ||||
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SeeTest Mobile Testing Tools Provider
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2008 |
| 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.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Digital.ai
| 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 |
Digital.Ai Comparisons
Competitors of Digital.ai
Digital.ai 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 JFrog, NGINX, Sonatype, Progress and CollabNet, 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 suite of devops solutions
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| domain | founded_year | HQ Location |
Open-source internet infrastructure software is provided by NGINX.
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| domain | founded_year | HQ Location |
Cloud based application management platform for developers
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| domain | founded_year | HQ Location |
IDE-based software is provided for application development and management.
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| domain | founded_year | HQ Location |
Enterprise application lifecycle management and version control are provided.
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| domain | founded_year | HQ Location |
Enterprise software release management software provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Digital.Ai
Frequently Asked Questions about Digital.ai
When was Digital.ai founded?
Digital.ai was founded in 1999 and raised its 1st funding round 8 years after it was founded.
Where is Digital.ai located?
Digital.ai is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Digital.ai?
Derek Holt is the current CEO of Digital.ai.
Is Digital.ai a funded company?
Digital.ai is a funded company, having raised a total of $26.5M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.5M, raised on Jul 11, 2007.
How many employees does Digital.ai have?
As of Apr 05, 2024, the latest employee count at Digital.ai is 244.
What is the annual revenue of Digital.ai?
Annual revenue of Digital.ai is $11.8M as on Mar 31, 2023.
What does Digital.ai do?
Digital.ai was established in 1999 and is headquartered in Boston, United States. Software for application lifecycle management, enhanced by artificial intelligence, is developed and offered. Key components encompass application security, continuous testing, and release management. Operations focus on the software sector, supporting enterprise-level development and deployment processes across various industries.
Who are the top competitors of Digital.ai?
What products or services does Digital.ai offer?
Digital.ai offers Agility, Application Security, Continuous Testing, Deploy, and Intelligence.
How many acquisitions has Digital.ai made?
Digital.ai has made 3 acquisitions, including ClearCode Labs, Experitest, and Numerify.
Who are Digital.ai's investors?
Digital.ai has 2 investors. Key investors include LLR Partners, and OpenView.
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