IndependenceIT

Allentown, United States Founded: 1996 • Age: 30 yrs Acquired By CloudJumper
Workspaces and applications are delivered via an integrated software platform.

About IndependenceIT

IndependenceIT is a Technology company based in Allentown (United States) founded in 1996, and was acquired by CloudJumper in February 2018. Workspaces and applications are delivered via an integrated software platform. The company has 14 employees. IndependenceIT has completed 1 acquisition, including Veddio. The company was acqui-hired. Its focus areas include Enterprise Infrastructure, Virtualization and VDI - Desktop Virtualization. Its legal entity is IndependenceIT, Inc. Its competitors include Nerdio, Liquidware Labs and ClearCube Technology; 3 of its 3 listed competitors have raised funding.

Company details

IndependenceIT was founded in 1996 in Allentown, United States, within the software sector focused on IT automation. A platform is provided to IT departments, service providers, and independent software vendors for delivering virtual workspaces, applications, and desktop-as-a-service offerings. The Cloud Workspace Suite serves as an enablement tool, supporting the deployment of desktop applications through web-based services. Operations are centered on facilitating efficient application management and service delivery.

  • Headquarters Allentown, United States
  • Employees 14
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website independenceit.com
  • Social LinkedIn X Facebook
  • Acquired by CloudJumper (Feb 2018)
  • Legal Name Independenceit, Inc.
Key Metrics

Funding Insights of IndependenceIT

  • Total Rounds 4
  • First Round $127,500

    (Jun 2005)

All 4 funding rounds of IndependenceIT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2013Unspecified––
–
Jun 2012$305,000Unspecified––
–
Dec 2011$175,500Unspecified––
–
Jun 2005$127,500Unspecified––
–
Valuation history

1 investors in total: 1 institutional.

Investors in IndependenceIT

IndependenceIT has secured backing from 1 investor. Prominent investors backing the company include CloudJumper.

All
InvestorDescriptionFounded YearDomainLocation
Cloud-based Microsoft Windows virtual desktops are provided.
2005cloudjumper.comGarner, United States
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Investor details for IndependenceIT

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Investments & Acquisitions by IndependenceIT

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

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Backup, hosting, and cloud services are provided by Veddio.
veddio.comFort Lauderdale, United States2009Jun 2012β€’β€’β€’β€’
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Complete acquisition details for IndependenceIT

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Timeline of IndependenceIT

5 dated milestones of IndependenceIT across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded IndependenceIT is founded.
  2. Funding First funding round of $128K.
  3. Acquisition Acquires Veddio.
  4. Funding Latest funding round, Unspecified,.
  5. Exit Acquired by CloudJumper.

Competitors of IndependenceIT

IndependenceIT has 3 listed competitors in our database, 3 of them funded. They include Nerdio, Liquidware Labs and ClearCube Technology.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
getnerdio.com2005Skokie, United States$627.4M
Nerdio is a software solution provider that empowers Managed Service Providers (MSPs) and enterprise IT professionals to deploy, manage, and optimize virtual desktops in Microsoft Azure, leveraging its automated management and cost-optimization capabilities.
liquidware.com2009Atlanta, United States$7.13M122
Desktop virtualization and management solutions are provided for enterprises.
clearcube.com1997Austin, United States$81.6M22
Desktop virtualization platforms and VDI solutions are offered.
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Detailed competitors of IndependenceIT

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Top companies in Operating Systems & Virtualization

3 companies that operate in the same segment as IndependenceIT (Operating Systems & Virtualization) 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
OpenStack distribution and Kubernetes cluster management are facilitated across clouds.
1993Raleigh, North Carolina, United States
Cloud-based unified communications and virtual infrastructure services are provided.
2006Wayne, United StatesUSD 209.25 M
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Related news about Independenceit

Garner cloud company makes acquisition
Bizjournals β€’ 8 years ago
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Complete news archive for IndependenceIT

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Frequently Asked Questions about IndependenceIT

IndependenceIT was founded in 1996 and raised its 1st funding round 9 years after it was founded.

IndependenceIT is headquartered in Allentown, United States. It is registered at Allentown, Pennsylvania, United States.

IndependenceIT has 14 employees.

IndependenceIT was founded in 1996 in Allentown, United States, within the software sector focused on IT automation. A platform is provided to IT departments, service providers, and independent software vendors for delivering virtual workspaces, applications, and desktop-as-a-service offerings. The Cloud Workspace Suite serves as an enablement tool, supporting the deployment of desktop applications through web-based services. Operations are centered on facilitating efficient application management and service delivery.

IndependenceIT's top competitors include Nerdio, Liquidware Labs and ClearCube Technology.

IndependenceIT has made 1 acquisition, including Veddio.

IndependenceIT has 1 investor. Key investors include CloudJumper.

IndependenceIT operates through Independenceit, Inc..

Yes. IndependenceIT was acquired by CloudJumper in February 2018.

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