About Extra Red
Data last updated:
Extra Red is a company based in Pontedera (Italy) founded in 2017 was acquired by Engineering Ingegneria Informatica in July 2023. Extra Red offers products and services including Cloud Services, AI Solutions, Middleware Platforms, and Web Applications. Extra Red operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Pontedera, Italy
- SectorsTechnology
- EmailLocked
- PhoneLocked
- Website extrared.it
- Social LinkedIn X
- Acquired by Engineering Ingegneria Informatica (Jul 2023)
- Legal Name Extra Red Srl
- Latest Funding Round$375.12 K (USD), Grant
Jan 01, 2021
- InvestorsEngineering Ingegneria Informatica
& 1 more
- Acquired byEngineering Ingegneria Informatica
(Jul 31, 2023)
People of Extra Red
1 people are tracked at Extra Red (1 in leadership).
| Name | Role | Group |
|---|---|---|
Pepe DeMarco | CEO | Leadership |
Complete people profiles for Extra Red
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Products & Services of Extra Red
Extra Red offers a comprehensive portfolio of products and services, including Cloud Services, AI Solutions, Middleware Platforms, and Web Applications.
Services for maintaining and managing cloud instances and platforms.
Tools for predictive analysis and customer data management.
Integrated solutions for business process orchestration.
Endpoints and APIs for secure HTTPS communications.
Funding Insights of Extra Red
- Total Rounds 2
- Last Round Grant — $375,116
- First Round $913,785
(01 Jan 2020)
- Investors Count 1
All 2 funding rounds of Extra Red with amounts, post-money valuations and investors.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 01 Jan 2021 | $375,116 | Grant | – | – | |
| 01 Jan 2020 | $913,785 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Extra Red
Extra Red has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Engineering Ingegneria Informatica and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Consulting, conception, planning, and implementation services are provided. | 1980 | eng.it | Rome, Italy |
Investor details for Extra Red
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 Extra Red
4 dated milestones of Extra Red across 6 years, from founding to its latest funding, stage changes and deals.
- Extra Red is founded.
- First funding round of $914K.
- Latest funding round, Grant, of $375K.
- Acquired by Engineering Ingegneria Informatica.
Competitors of Extra Red
Extra Red 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, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.8M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| accenture.com | 1989 | Dublin, Ireland | – | 29 | IT and management consultancy services are provided globally. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.4M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| girnarsoft.com | 2007 | Jaipur, India | $570.1M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3.0M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. |
Detailed competitors of Extra Red
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.
Latest news on Extra Red
Complete news archive for Extra Red
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.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Extra Red
Extra Red was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Extra Red is headquartered in Pontedera, Italy. It is registered at Pontedera, Tuscany, Italy.
Pepe DeMarco is the current CEO of Extra Red.
Extra Red was founded in 2017 and is based in Pontedera, Italy. Operations focus on IT services within the technology sector, including DevOps practices, cloud infrastructure management, big data analytics solutions, and digital transformation initiatives. These services support businesses in optimizing processes and leveraging data-driven strategies across various industries. The company maintains its primary location in Italy, with potential for broader European outreach.
Extra Red's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
Extra Red offers Cloud Services, AI Solutions, Middleware Platforms, and Web Applications.
Extra Red has 2 investors. Key investors include Engineering Ingegneria Informatica, and European Union.
Extra Red operates through Extra Red Srl.
Yes. Extra Red was acquired by Engineering Ingegneria Informatica in July 2023.