Elsis

Vilnius, Lithuania Founded: 1991 • Age: 35 yrs Acquired By Atea
Software development services are provided by Elsis in Vilnius, Lithuania.

About Elsis

Elsis is a company based in Vilnius (Lithuania) founded in 1991 was acquired by Atea in September 2011. It operates as a Professional Services and Managed Services. Elsis offers products and services including ICT Solutions, Automation Systems, and Telemetry Systems. Elsis operates in a competitive market with competitors including AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.

  • Headquarter Vilnius, Lithuania
  • Sectors
    Technology
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website elsis.lt
  • Social LinkedIn
  • Acquired by Atea (Sep 2011)
  • Legal Name Uab Elsis
Operational Areas
Key Metrics
  • Latest Funding Round
    $852.42K (USD), Grant

    Dec 2021

  • Investors
    Atea

    & 1 more

  • Acquired by
    Atea

    (Sep 2011)

Products & Services of Elsis

Elsis offers a comprehensive portfolio of products and services, including ICT Solutions, Automation Systems, and Telemetry Systems.

ICT Solutions
Technology

Solutions for information and communication technology are provided.

Automation Systems
Engineering

Automation systems for buildings and processes are developed.

Telemetry Systems
Technology

Telemetry systems for remote control are designed and installed.

Funding Insights of Elsis

  • Total Rounds 2
  • Last Round Grant β€” $852,420
  • First Round $531,453

    (Dec 2020)

  • Investors Count 1

All 2 funding rounds of Elsis with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2021$852,420Grant––
Dec 2020$531,453Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in Elsis

Elsis has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Atea and European Union.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
1958europa.euBrussels, Belgium
IT infrastructure products and services are supplied to enterprise customers.
1968atea.comOslo, Norway
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Investor details for Elsis

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Elsis

4 dated milestones of Elsis across 30 years, from founding to its latest funding, stage changes and deals.

  1. Founded Elsis is founded.
  2. Exit Acquired by Atea.
  3. Funding First funding round of $531K.
  4. Funding Latest funding round, Grant, of $852K.

Competitors of Elsis

Elsis 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 AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
akqa.com1994Riyadh, Saudi Arabia$8.74M648
Integrated digital marketing campaigns are developed and executed across channels.
unicorn.com1990Prague, Czech Republic$12M–
Software development services are provided by Unicorn in Prague.
hancom.com1990Seongnam-si, South Korea––
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
almaviva.it2005Rome, Italy––
IT services suite solutions are provided globally by AlmavivA.
hedgehoglab.com2007Newcastle Upon Tyne, United Kingdom$9.49M88
Mobile application development and UX design services are provided.
redshelf.com2012Chicago, United States$82.53M107
Platform offering digital textbooks for students
gigster.com2013Austin, United States$32.5M12
Software development services are provided via an AI-powered platform.
asiainnovations.com2013Hangzhou, China$21M–
Mobile social and online entertainment products
3pillarglobal.com2006Fairfax, United States$22.52M67
Adaptive software products are developed for business applications.
kontron.com1959Linz, Austria$34.6M130
Embedded computing platforms are developed for industrial applications.
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Detailed competitors of Elsis

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Elsis

Websites that share an audience with Elsis (elsis.lt).

Similar websites

Websites whose visitors overlap most with Elsis. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
alna.lt
100%
––View details
technologijos.lt
technologijos.lt
67%
–#29,702–

Latest news on Elsis

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Complete news archive for Elsis

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Elsis

10 companies that operate in the same segment as Elsis (IT Services & Operations), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud orchestration solutions are provided for multi-cloud and device applications.
1998Palo Alto, California, United StatesUSD 595.83 MUSD 812.05 M8,861
A cloud-based platform for incident management software is provided.
2009San Francisco, California, United StatesUSD 173.6 MUSD 492.55 M1,240
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
Cloud based platform offering IT operational data and security analytics software
2003San Francisco, California, United StatesUSD 40 MUSD 2.59 M108
Cloud-based enterprise management solutions including backup and recovery are provided.
2003Singapore, SingaporeUSD 658 M––
Cloud and application performance management platform is provided.
2010New York, New York, United StatesUSD 147.19 MUSD 2.68 B6,500
Converged data management solutions are provided for backup and recovery.
2014Palo Alto, California, United StatesUSD 553 MUSD 1.32 B3,200
IT backup and recovery solutions are provided via cloud platform.
2006Columbus, Ohio, United StatesUSD 1.04 B––
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M5,260
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
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Frequently Asked Questions about Elsis

Elsis was founded in 1991 and raised its 1st funding round 29 years after it was founded.

Elsis is headquartered in Vilnius, Lithuania.

Elsis, a group of companies, is focused on creating and implementing software solutions, information systems, telecommunications, tactical communication systems, telemetry, environmental monitoring, housing management, building automation, and other engineering systems. Various defense and security infrastructure projects are also undertaken. Key sectors served include public administration, defense, energy, environment, construction, transport, and healthcare. Operations are conducted in Lithuania, the Baltic States, the European Union, and other international markets.

Elsis's top competitors include RedShelf, Unicorn and Hedgehog lab.

Elsis offers ICT Solutions, Automation Systems, and Telemetry Systems.

Elsis has 2 investors. Key investors include Atea, and European Union.

Elsis operates through Uab Elsis.

Yes. Elsis was acquired by Atea in September 2011.

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