About ITSOFT
ITSOFT is a company based in Rishon Lezion (Israel) founded in 2008 was acquired by CommIT in August 2021.. ITSOFT operates in a competitive market with competitors including CrowdStrike, UST, Genpact, 1&1 IONOS and VMware, among others.
- Headquarter Rishon Lezion, Israel
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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Software Development Team
8 people
Leadership Team
1 people
Manual Team
1 people
Full Team
1 people
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Funding Insights of ITSOFT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ITSOFT
ITSOFT has secured backing from 1 investor. Prominent investors backing the company include CommIT. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IT services provider specializing in AI, cloud, security, and software solutions for enterprises.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ITSOFT
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ITSOFT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Itsoft Comparisons
Competitors of ITSOFT
ITSOFT 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 CrowdStrike, UST, Genpact, 1&1 IONOS and VMware, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Endpoint threats are detected via artificial intelligence by the platform.
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| 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 |
Cloud orchestration solutions are provided for multi-cloud and device applications.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ITSOFT
When was ITSOFT founded?
ITSOFT was founded in 2008.
Where is ITSOFT located?
ITSOFT is headquartered in Rishon Lezion, Israel.
What does ITSOFT do?
ITSOFT was established in 2008 and is headquartered in Rishon Lezion, Israel. In the information technology sector, services such as custom software development, user experience (UX) designing, quality testing, and additional IT solutions are offered. Operations are conducted primarily from Israel, with client support facilitated through the domain itsoft.co.il. Focus is placed on delivering these core offerings to various businesses.
Who are the top competitors of ITSOFT?
ITSOFT's top competitors include VMware, Happiest Minds and CrowdStrike.
Who are ITSOFT's investors?
ITSOFT has 1 investor. Key investors include CommIT.