About GlobalLogic
GlobalLogic is a company based in San Jose (United States) founded in 2000 was acquired by Hitachi in March 2021. GlobalLogic has raised $1.09 billion across 9 funding rounds from investors including Hitachi, Peak XV Partners and CPP Investments. The company has 1,118 employees as of December 31, 2021. GlobalLogic has completed 11 acquisitions, including Assign, ECS and Fortech. GlobalLogic operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter San Jose, United States
- Employees 1118 as on 31 Dec, 2021
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Sectors
Business ServicesTechnology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$5.87 M (USD)9as on Mar 31, 2020
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Net Profit
$522.29 K (USD)42as on Mar 31, 2020
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EBITDA
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Total Equity Funding
$1.09 B (USD)
in 9 rounds
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Latest Funding Round
$29.78 M (USD), Series E
Aug 14, 2018
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Investors
Hitachi
& 7 more
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Employee Count
1118
as on Dec 31, 2021
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Investments & Acquisitions
Assign
& 10 more
- Acquired by
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People of GlobalLogic
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Software Development Team
69 people
Leadership Team
48 people
Human Resources and Administration
39 people
Sales and Marketing
11 people
Senior Team
11 people
Finance and Accounting
9 people
Legal and Compliance
8 people
Product Management Team
8 people
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Funding Insights of GlobalLogic
GlobalLogic has successfully raised a total of $1.09B across 9 strategic funding rounds. The most recent funding activity was a Series E round of $29.78 million completed in August 2018. 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 Total Funding
- Total Rounds 9
- Last Round Series E — $29.8M
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First Round
First Round
(13 Jan 2003)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series E - GlobalLogic | Valuation |
investors |
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| May, 2018 | Amount | Series E - GlobalLogic | Valuation | Partners Group , CPP Investments |
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| Jun, 2017 | Amount | Series E - GlobalLogic | Valuation |
investors |
Investors in GlobalLogic
GlobalLogic has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Hitachi, Peak XV Partners and CPP Investments.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity funds are managed across multiple sectors globally.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Investments are made in US seed and early-stage tech companies.
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Founded Year | Domain | Location |
Investments & Acquisitions by GlobalLogic
GlobalLogic has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Assign, ECS and Fortech.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of business strategy, product development, and CRM consulting services
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2017 | ||||
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Software development, cloud solutions, and advisory services are provided.
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2013 | ||||
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Provider of IP cores for analogue and mixed-signal ICs
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2012 |
Financial Statements - GlobalLogic
Globallogic Comparisons
Competitors of GlobalLogic
GlobalLogic 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 NTT DATA, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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Frequently Asked Questions about GlobalLogic
GlobalLogic was founded in 2000 and raised its 1st funding round 3 years after it was founded.
GlobalLogic is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Srinivas Shankar is the current CEO of GlobalLogic.
GlobalLogic is a funded company, having raised a total of $1.09B across 9 funding rounds to date.
As of Dec 31, 2021, the latest employee count at GlobalLogic is 1,118.
Annual revenue of GlobalLogic is $5.87M as on Mar 31, 2020.
Founded in 2000 and headquartered in San Jose, United States, GlobalLogic operates in the software product development sector. Services encompass experience design, product engineering including system architecture, software development, quality assurance, testing, language localization, and project management. These are provided to startups and large enterprises throughout the product lifecycle. The company was acquired by Apax Partners in a transaction valued at approximately 420 million.
GlobalLogic's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
GlobalLogic has 8 investors. Key investors include Hitachi, Peak XV Partners, CPP Investments, Partners Group, and NEA.