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
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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 Clevr As
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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.
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 |
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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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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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.
| Investor | Description | Founded Year | Domain | Location |
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Panoramic photos are stitched and shared via free software.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Digitread
| 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 |
Financial Statements - Digitread
| 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 |
Digitread Comparisons
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 |
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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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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