About Jelastic
Jelastic is a company based in Palo Alto (United States) founded in 2011 was acquired by Virtuozzo in October 2021.. Jelastic has raised $2.5 million across 3 funding rounds from investors including Virtuozzo, Maxfield Capital and Almaz Capital. Jelastic operates in a competitive market with competitors including Odoo, OutSystems, DigitalOcean, Heroku and Skytap, among others.
- Headquarter Palo Alto, United States
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Sectors
Technology
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Phone
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Website
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Social
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Funding Insights of Jelastic
Jelastic has successfully raised a total of $2.5M across 3 strategic funding rounds. 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 3
- Last Round Last Round
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First Round
First Round
(01 Dec 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2013 | Amount | Series A - Jelastic | Valuation |
investors |
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| Apr, 2012 | Amount | Series A - Jelastic | Valuation |
investors |
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| Dec, 2011 | Amount | Seed - Jelastic | Valuation |
investors |
| 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 Jelastic
Jelastic has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Virtuozzo, Maxfield Capital and Almaz Capital. 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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Maxfield Capital is engaged in venture capital investments for technology companies.
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VC firm investing in early stage tech companies in the US & Europe
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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 Jelastic
| 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 - Jelastic
| 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 |
Jelastic Comparisons
Competitors of Jelastic
Jelastic 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 Odoo, OutSystems, DigitalOcean, Heroku and Skytap, 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 |
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Open-source business management software is developed with integrated modules.
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Low-code platform enables application development and deployment without coding.
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Cloud based integrated application development platform
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Saas based provider of integrated platform as a service solutions
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Cloud-based environments are delivered for application development and testing.
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Cloud based integrated solutons for software development
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Jelastic
Frequently Asked Questions about Jelastic
When was Jelastic founded?
Jelastic was founded in 2011.
Where is Jelastic located?
Jelastic is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Is Jelastic a funded company?
Jelastic is a funded company, having raised a total of $2.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Dec 01, 2011.
What does Jelastic do?
Jelastic was founded in 2011 in Palo Alto, United States, as a Platform-as-a-Service targeted at hosting providers. Applications are deployed and scaled on the platform without requiring code modifications, with support from numerous global hosted service providers. Advanced orchestration and management of Docker containers are facilitated, enabling production-ready operations for DevOps teams in the cloud computing sector.
Who are the top competitors of Jelastic?
Jelastic's top competitors include DigitalOcean, Heroku and Odoo.
Who are Jelastic's investors?
Jelastic has 5 investors. Key investors include Virtuozzo, Maxfield Capital, Almaz Capital, Foresight Ventures, and Runa Capital.
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