Milestone Technologies

Fremont, United States Founded: 1997 • Age: 29 yrs Acquired By The Halifax Group
Digital solutions and IT suite services are provided globally.
Annual revenue $7.1M Latest available
Total funding - 2 rounds
Employees 319 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Milestone Technologies

Milestone Technologies is a company based in Fremont (United States) founded in 1997 was acquired by The Halifax Group in December 2022. It operates as a Managed Services, Professional Services, and Project Management as a Service (PMaaS). The company has 319 employees as of April 06, 2024. Milestone Technologies has completed 4 acquisitions, including Covestic, Invisible IT and SMCI. Milestone Technologies offers products and services including Applications & Digital Engineering Services, Cloud Transformation, Data & AI Services, Digital Workplace Services, and Managed Services. Milestone Technologies operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Fremont, United States
  • Employees 319 as on 06 Apr, 2024
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Legal Name Milestone Technologies, Inc.
  • Date of Incorporation 14 Sep, 2016
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $7.08 M (USD)
    59.97
    as on Mar 31, 2023
  • Net Profit
    $499.79 K (USD)
    57.97
    as on Mar 31, 2023
  • EBITDA
    $800.03 K (USD)
    64.68
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    319

    as on Apr 06, 2024

  • Investments & Acquisitions
    Covestic

    & 3 more

  • Acquired by
    The Halifax Group

    (Dec 13, 2022)

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Products & Services of Milestone Technologies

Milestone Technologies offers a comprehensive portfolio of products and services, including Applications & Digital Engineering Services, Cloud Transformation, Data & AI Services, Digital Workplace Services, and Managed Services.

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Primary

Services for application development and digital transformation are provided.

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Cloud migration and transformation solutions are offered to clients.

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Data analytics and AI solutions are delivered to businesses.

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Solutions for enhancing digital workplace experiences are provided.

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Comprehensive managed IT services are offered for infrastructure.

People of Milestone Technologies

Headcount 1000-5000
Employee Profiles 282
Board Members and Advisors 1
Employee Profiles
People
Sajid Sheikh
Senior Lead - Workplace Experience
People
Amit Gupta
Head - Artificial Intelligence And Automation
People
Arka
Senior Director Human Resources
People
Mohammed Yousuf
Senior Solutions Director

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Funding Insights of Milestone Technologies

Investors in Milestone Technologies

Milestone Technologies has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Two Sigma Investments, H.I.G. Capital and The Halifax Group.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity investments are directed toward companies in multiple sectors.
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Offers AI-based, data-driven insights for investment management and decision-making.
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Private equity capital is invested in small and mid-sized businesses.
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Investor details for Milestone Technologies

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Investments & Acquisitions by Milestone Technologies

Milestone Technologies has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Covestic, Invisible IT and SMCI.

Investments
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Investment portfolio details for Milestone Technologies

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Acquisitions
Company Name Description Domain Location Founded Year Amount
CRM, CMS, mobile, and web development services are provided.
Locked Locked 2009 Locked
IT services are delivered to midsize and enterprise organizations.
Locked Locked 2001 Locked
Provider of networking, IT support, and other managed services
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Complete acquisition details for Milestone Technologies

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Financial Statements - Milestone Technologies

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Detailed financials for Milestone Technologies

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Milestone Technologies Comparisons

Milestone Technologies Primary company
Description
Digital solutions and IT suite services are provided globall...
Location
Fremont, United States
Founded Year
1997
Annual Revenue
$7.08 M (USD)
Net Profit
$499.79 K (USD)
EBITDA
$800.03 K (USD)
Employees
319
As of 2024
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Peer comparison for Milestone Technologies

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Competitors of Milestone Technologies

Milestone Technologies 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, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

Company Name Domain Founded year HQ Location Description
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of Milestone Technologies

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Latest news on Milestone Technologies

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Complete news archive for Milestone Technologies

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Frequently Asked Questions about Milestone Technologies

Milestone Technologies was founded in 1997 and raised its 1st funding round 18 years after it was founded.

Milestone Technologies is headquartered in Fremont, United States. It is registered at Fremont, California, United States.

As of Apr 06, 2024, the latest employee count at Milestone Technologies is 319.

Annual revenue of Milestone Technologies is $7.08M as on Mar 31, 2023.

Milestone Technologies is established as a leading global IT services and digital solutions provider based in Silicon Valley. Services are delivered at scale to accelerate digital operations, develop innovative applications, and drive efficiencies for organizations. Expertise is offered in application services, AI, automation, cloud transformation, digital workplace solutions, and business process services. Specialized platforms such as Salesforce and ServiceNow are supported. Operations span across multiple sectors, empowering enterprises with scalability and agility for sustained growth.

Milestone Technologies's top competitors include Happiest Minds, 1&1 IONOS and Genpact.

Milestone Technologies offers Applications & Digital Engineering Services, Cloud Transformation, Data & AI Services, Digital Workplace Services, and Managed Services.

Milestone Technologies has made 4 acquisitions, including Covestic, Invisible IT, and SMCI.

Milestone Technologies has 3 investors. Key investors include Two Sigma Investments, H.I.G. Capital, and The Halifax Group.

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