About Drivestream
Drivestream is a company based in Sterling (United States) founded in 2002. Drivestream has raised $5.81 million across 2 funding rounds from investors including Wipro. The company has 258 employees as of March 25, 2024. Drivestream offers products and services including Oracle Cloud Consulting, Oracle Cloud ERP, and Oracle Cloud HCM. Drivestream operates in a competitive market with competitors including 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, among others.
- Headquarter Sterling, United States
- Employees 258 as on 25 Mar, 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 Drivestream India Private Limited
- Date of Incorporation 26 Jul, 2002
- Jurisdiction Kanchipuram, Tamil Nadu, India
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Annual Revenue
$5.87 M (USD)52.02as on Mar 31, 2023
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Net Profit
$420.42 K (USD)-4.86as on Mar 31, 2023
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EBITDA
$485.08 K (USD)-22.44as on Mar 31, 2023
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Total Equity Funding
$5.81 M (USD)
in 2 rounds
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Latest Funding Round
$809.69 K (USD), Series A
Jun 13, 2017
- Investors
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Employee Count
258
as on Mar 25, 2024
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Products & Services of Drivestream
Drivestream offers a comprehensive portfolio of products and services, including Oracle Cloud Consulting, Oracle Cloud ERP, and Oracle Cloud HCM.
Provides implementation and management for Oracle cloud solutions
Offers streamlined financial management in the cloud
Delivers modern HR and talent management tools
People of Drivestream
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Leadership Team
19 people
Software Development Team
15 people
Senior Team
14 people
Consultant Team
8 people
Human Resources and Administration
5 people
Sales and Marketing
5 people
Product Management Team
4 people
Oracle Team
4 people
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Funding Insights of Drivestream
Drivestream has successfully raised a total of $5.81M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $809.69 thousand completed in June 2017. 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.
Investors in Drivestream
Drivestream has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wipro.
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Wipro is recognized as a consulting-led, AI-powered technology services company.
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Investor details for Drivestream
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Investments & Acquisitions by Drivestream
Investment portfolio details for Drivestream
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Financial Statements - Drivestream
Detailed financials for Drivestream
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Drivestream Comparisons
Peer comparison for Drivestream
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Competitors of Drivestream
Drivestream 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 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, among others.
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Public cloud workload management tools and services are provided.
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Crayon is involved in unspecified business activities.
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AWS cloud services are provided, including consulting, deployment, and management.
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Services for the development and support of cloud-based applications
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Cloud services in PaaS, SaaS, and IaaS are provided.
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Cloud-based virtual classroom platform for enterprises
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Detailed competitors of Drivestream
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Latest news on Drivestream
Complete news archive for Drivestream
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Frequently Asked Questions about Drivestream
Drivestream was founded in 2002 and raised its 1st funding round 13 years after it was founded.
Drivestream is headquartered in Sterling, United States.
Drivestream is a funded company, having raised a total of $5.81M across 2 funding rounds to date.
As of Mar 25, 2024, the latest employee count at Drivestream is 258.
Annual revenue of Drivestream is $5.87M as on Mar 31, 2023.
Drivestream provides IT consulting and management services. Services include for implementing and supporting PeopleSoft, Oracle Fusion Applications, Taleo Talent Management, Business Intelligence and Data Warehousing solutions. Additional services include for cloud solutions and BPO services. Industry verticals include Finance, Government Contractors, Telecom, Hospitality, Energy, Retail, Insurance, IT and Healthcare. Some of its customers include Rabobank, Bank of America, Broadcom, Florida State University, Intel, General Motors etc.
Drivestream's top competitors include Crayon, Megazone Cloud and All Cloud.
Drivestream offers Oracle Cloud Consulting, Oracle Cloud ERP, and Oracle Cloud HCM.
Drivestream has 1 investor. Key investors include Wipro.