Freeborders

San Francisco, United States Founded: 1999 • Age: 27 yrs Acquired By Symbio
Offshore IT services and solutions are provided in China.

About Freeborders

Freeborders is a Technology company based in San Francisco (United States) founded in 1999, and was acquired by Symbio in November 2013. Offshore IT services and solutions are provided in China. Freeborders has raised $29 million across 2 funding rounds from investors including Actua, Symbio and FTV Capital. Freeborders has completed 1 acquisition, including MindWorks. Its focus areas include Business Services, IT Services, Application Development and Software Development. Its competitors include RedShelf, Gigster and 3Pillar Global; 3 of its 3 listed competitors have raised funding.

Company details

FreeBorders was founded in 1999 and is headquartered in San Francisco, United States. Offshore information technology services are delivered from operations in China, focusing on application development, maintenance, business consulting, testing, quality assurance, and technical expertise. Sectors served encompass financial services, high tech, retail and consumer goods, life sciences, pharmaceuticals, manufacturing, and telecommunications. Additional offices are operated in North America, Asia, and Europe.

Operational Areas
Key Metrics
  • Total Equity Funding
    $29M (USD)

    in 2 rounds

  • Latest Funding Round
    $20M (USD), Series D

    Oct 2005

  • Investors
    Actua

    & 2 more

  • Investments & Acquisitions
  • Acquired by
    Symbio

    (Nov 2013)

Funding Insights of Freeborders

Freeborders has successfully raised a total of $29M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in October 2005. 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.

  • Total Funding $29M
  • Total Rounds 2
  • Last Round Series D β€” $20M
  • First Round $9M

    (Aug 2001)

  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2005$20MSeries D––
Aug 2001$9MSeries C––
Valuation history

3 investors in total: 3 institutional.

Investors in Freeborders

Freeborders has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Actua, Symbio and FTV Capital.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investment firm
ftvcapital.comSan Francisco, United States
Cloud solutions provided to insurance, public sector, and compliance industries.
1996actua.comRadnor, United States
Software development services are provided by Symbio since 1994.
1994symbio.comSan Jose, United States
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Investor details for Freeborders

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  • Round participation
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People of Freeborders

6 people are tracked at Freeborders (1 in leadership, 5 in team).

NameRoleGroup
Ben Huang
HR DirectorLeadership
Yan Tang
UI LeadTeam
Laila Vergara Tungcab
TrainerTeam
Queenie Huang
Recruiting SpecialistTeam
Jay Reloj
Technical RecruiterTeam
Tian Zhang
SPMTeam
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Complete people profiles for Freeborders

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  • Team structure
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Investments & Acquisitions by Freeborders

Freeborders has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MindWorks.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
ERP services are provided to businesses by MindWorks.
mindworks.comBroomfield, United States1996Oct 2010β€’β€’β€’β€’
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Complete acquisition details for Freeborders

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

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Timeline of Freeborders

5 dated milestones of Freeborders across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Freeborders is founded.
  2. Funding First funding round of $9.0M.
  3. Funding Latest funding round, Series D, of $20.0M.
  4. Acquisition Acquires MindWorks.
  5. Exit Acquired by Symbio.

Competitors of Freeborders

Freeborders has 3 listed competitors in our database, 3 of them funded. They include RedShelf, Gigster and 3Pillar Global.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
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.
3pillarglobal.com2006Fairfax, United States$22.52M67
Adaptive software products are developed for business applications.
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Detailed competitors of Freeborders

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

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Web traffic of Freeborders

Websites that share an audience with Freeborders (freeborders.com).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
spg-inc.com
spg-inc.com
100%
–
fieldglass.com
100%
38.5K#698,712View details
cerqa.com
cerqa.com
100%
–
pii-inc.com
pii-inc.com
100%
–
gra.net.au
100%
View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 15 similar websites and full traffic analytics for Freeborders

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 15 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in IT Services & Operations

3 companies that operate in the same segment as Freeborders (IT Services & Operations) in United States, 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 M4,473
Unified IT management is delivered through a cloud-based platform.
2004Santa Clara, California, United StatesUSD 83.7 MUSD 13.28 B26,290
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Frequently Asked Questions about Freeborders

Freeborders was founded in 1999 and raised its 1st funding round 2 years after it was founded.

Freeborders is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Freeborders is a funded company, having raised a total of $29M across 2 funding rounds to date. The company's 1st funding round was a Series C of $9M, raised on Aug 2001.

FreeBorders was founded in 1999 and is headquartered in San Francisco, United States. Offshore information technology services are delivered from operations in China, focusing on application development, maintenance, business consulting, testing, quality assurance, and technical expertise. Sectors served encompass financial services, high tech, retail and consumer goods, life sciences, pharmaceuticals, manufacturing, and telecommunications. Additional offices are operated in North America, Asia, and Europe.

Freeborders's top competitors include RedShelf, 3Pillar Global and Gigster.

Freeborders has made 1 acquisition, including MindWorks.

Freeborders has 3 investors. Key investors include Actua, Symbio, and FTV Capital.

Yes. Freeborders was acquired by Symbio in November 2013.

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