Digitread

Sandvika, Norway Founded: 1993 • Age: 33 yrs Acquired By CleVR
IT support services are provided by Digitread in Norway.
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About Digitread

Digitread is a company based in Sandvika (Norway) founded in 1993 was acquired by CleVR in August 2021.. Digitread offers products and services including PLM Solutions, MOM Systems, and Low-Code Platforms. Digitread operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Sandvika, Norway
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Clevr As
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
    $7.28 M (USD)
    13
    as on Dec 31, 2022
  • Net Profit
    $-740.27 K (USD)
    -506
    as on Dec 31, 2022
  • EBITDA
    $-673.98 K (USD)
    -371
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    CleVR

    (Aug 17, 2021)

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Products & Services of Digitread

Digitread offers a comprehensive portfolio of products and services, including PLM Solutions, MOM Systems, and Low-Code Platforms. 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

Custom systems for product lifecycle management in manufacturing

Tools for optimizing manufacturing operations and efficiency

Applications for rapid business process automation and integration

Funding Insights of Digitread

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 Digitread

Digitread has secured backing from 1 investor. Prominent investors backing the company include CLEVR. 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
Investor Description Founded Year Domain Location
Panoramic photos are stitched and shared via free software.
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 Digitread

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

Financial Statements - Digitread

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

Digitread Comparisons

Employees
+
Add Comparison
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Competitors of Digitread

Digitread 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, NTT DATA, Breed Reply, Globant 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
domain founded_year HQ Location
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
AI, cloud, and blockchain services are provided globally.
domain founded_year HQ Location
IT and digital transformation services are delivered to various industries.
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
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 Digitread

Frequently Asked Questions about Digitread

When was Digitread founded?

Digitread was founded in 1993.

Where is Digitread located?

Digitread is headquartered in Sandvika, Norway.

What is the annual revenue of Digitread?

Annual revenue of Digitread is $7.28M as on Dec 31, 2022.

What does Digitread do?

Digitread was established in 1993 in Sandvika, Norway, as a provider in the IT sector. Support services are delivered to businesses, focusing on maintenance, troubleshooting, and infrastructure management. Operations are centered in the Norwegian market, with emphasis on reliable technical assistance. The companys domain, digitread.com, facilitates client interactions and service inquiries. Geographic presence remains primarily in Sandvika, supporting local and regional IT needs.

Who are the top competitors of Digitread?

Digitread's top competitors include Happiest Minds, 1&1 IONOS and Genpact.

What products or services does Digitread offer?

Digitread offers PLM Solutions, MOM Systems, and Low-Code Platforms.

Who are Digitread's investors?

Digitread has 1 investor. Key investors include CLEVR.

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