About mindSHIFT
mindSHIFT is a company based in Sterling (United States) founded in 1999 was acquired by Ricoh in January 2014. mindSHIFT has raised $68.1 million across 7 funding rounds from investors including J P Morgan, Ricoh and Bessemer Venture Partners. The company has 13,505 employees. mindSHIFT has completed 4 acquisitions, including Alpheon, Invision.com and ORBIT Systems. mindSHIFT offers products and services including Managed IT Services, Managed Cloud Solutions, and Cybersecurity Services. mindSHIFT operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter Sterling, United States
- Employees 13,505
- SectorsTechnology
- Website mindshift.com
- Social LinkedIn X
- Acquired by Ricoh (Jan 2014)
- Legal Name Ricoh Usa, Inc.
- Total Equity Funding$68.1M (USD)
in 7 rounds
- Latest Funding Round$1.1M (USD), Series C
Dec 2010
- InvestorsJ P Morgan
& 8 more
- Employee Count13,505
- Investments & AcquisitionsAlpheon
& 3 more
- Acquired by
Products & Services of mindSHIFT
mindSHIFT offers a comprehensive portfolio of products and services, including Managed IT Services, Managed Cloud Solutions, and Cybersecurity Services.
Services for managing IT infrastructure and ensuring data security.
Solutions for cloud hosting and business continuity management.
Protection against cyber threats with monitoring and remediation.
Funding Insights of mindSHIFT
mindSHIFT has successfully raised a total of $68.1M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $1.1 million completed in December 2010. 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 $68.1M
- Total Rounds 7
- Last Round Series C — $1.1M
- First Round $21M
(Nov 2000)
- Investors Count 7
All 7 funding rounds of mindSHIFT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2010 | $1.1M | Series C | – | – | – |
| Dec 2007 | $18M | Debt – Venture | – | – | |
| Aug 2006 | $18M | Series C | – | Telecommunications Development Fund | |
| Apr 2006 | $14M | Series C | – | – | – |
| Nov 2003 | $11M | Series C | – | Columbia Capital, Eight Roads Ventures | – |
| Aug 2002 | $3M | Series B | – | – | – |
| Nov 2000 | $21M | Series B | – | – |
9 investors in total: 9 institutional.
Investors in mindSHIFT
mindSHIFT has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include J P Morgan, Ricoh and Bessemer Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
ORIX USA is engaged in middle market asset management and lending. | – | orix.com | Dallas, United States | |
US tech companies are funded across stages by Columbia Capital. | – | colcap.com | Alexandria, United States | |
- | – | tdfund.com | - | |
Venture capital investment and global platform support for startups. | 2008 | eightroads.com | London, United Kingdom | |
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Hardware, software, and IT services are provided globally to businesses. | 1939 | hp.com | Palo Alto, United States | |
Comprehensive financial services are provided to corporations and individuals. | 1799 | jpmorgan.com | New York, United States | |
Imaging products including cameras and printers are supplied by Ricoh. | 1936 | ricoh.com | Tokyo, Japan | |
Consumer electronics and mobile phones are retailed in stores worldwide. | 1966 | bestbuy.com | Richfield, United States |
Investor details for mindSHIFT
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of mindSHIFT
1 people are tracked at mindSHIFT (1 in leadership); the tracked headcount is 13,505.
| Name | Role | Group |
|---|---|---|
Joji Tokunaga | CEO & President | Leadership |
Complete people profiles for mindSHIFT
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
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Investments & Acquisitions by mindSHIFT
mindSHIFT has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Alpheon, Invision.com and ORBIT Systems.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of orbits internet infrastructure services | orbits.net | Mendota Heights, United States | 1998 | Feb 2011 | •••• | |
Managed IT and monitoring services are provided by Alpheon. | alpheon.com | Morrisville, United States | 2002 | Jan 2011 | •••• | |
Data recovery, cloud solutions, and hosting services are provided. | groupspark.com | Waltham, United States | 2002 | Apr 2008 | •••• | |
AI-powered online workspace for collaborative team projects is provided. | invision.com | Sterling, United States | 1999 | Sep 2007 | •••• |
Complete acquisition details for mindSHIFT
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- Complete history
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Timeline of mindSHIFT
9 dated milestones of mindSHIFT across 15 years, from founding to its latest funding, stage changes and deals.
- Founded mindSHIFT is founded.
- Funding First funding round of $21.0M.
- Acquisition Acquires Invision.com.
- Acquisition Acquires groupSPARK.
- Funding Latest funding round, Series C, of $1.1M.
- Acquisition Acquires Alpheon.
- Acquisition Acquires ORBIT Systems.
- Exit Acquired by Best Buy.
- Exit Acquired by Ricoh.
Competitors of mindSHIFT
mindSHIFT 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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ust.com.tw | 1998 | Taiwan | – | – | High-quality office furniture is provided by UST for various needs. | |
| genpact.com | 1997 | New York, United States | – | 129,140 | Provider of end-to-end business process outsourcing services | |
| ionos.com | 1988 | Chesterbrook, United States | $19.5M | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | |
| happiestminds.com | 2011 | Bengaluru, India | $64.83M | 4,517 | IT outsourcing services are delivered across multiple business lines. | |
| nttdata.com | 1967 | Koto, Japan | – | 4 | Application development, cloud, cybersecurity, and business intelligence services are provided. | |
| mavenir.com | 2005 | Richardson, United States | $105.36M | 363 | Multi-access edge networking computing platform is provided for mobile services. | |
| girnarsoft.com | 2007 | Jaipur, India | $570.12M | 6,709 | Provider of website, web & mobile application development, BI, and digital marketing services | |
| datamatics.com | 1975 | Mumbai, India | $3M | 5,875 | Cloud-based text analytics and cognitive automation services are provided. | |
| endava.com | 2000 | London, United Kingdom | – | 12,063 | Endava is engaged in digital transformation and AI-driven solutions. |
Detailed competitors of mindSHIFT
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of mindSHIFT
The website of mindSHIFT (mindshift.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 15.2% vs previous month
Websites whose visitors overlap most with mindSHIFT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| allcovered.com | 100% | 10.1K | #2,174,833 | View details | |
appzero.com | appzero.com | 82% | – | – | – |
| zetta.net | 82% | 1.7K | #9,317,481 | View details | |
| compuware.com | 82% | – | – | View details | |
| zdnet.com | 77% | 8.5M | #8,978 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 29 similar websites and full traffic analytics for mindSHIFT
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 29 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Mindshift
Complete news archive for mindSHIFT
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to mindSHIFT
10 companies that operate in the same segment as mindSHIFT (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about mindSHIFT
mindSHIFT was founded in 1999 and raised its 1st funding round 1 year after it was founded.
mindSHIFT is headquartered in Sterling, United States.
Joji Tokunaga is the current CEO of mindSHIFT.
mindSHIFT is a funded company, having raised a total of $68.1M across 7 funding rounds to date. The company's 1st funding round was a Series B of $21M, raised on Nov 2000.
mindSHIFT has 13,505 employees.
mindSHIFT was founded in 1999 and is headquartered in Sterling, United States. Operations focus on the IT services sector, with cloud offerings encompassing migration, application development, and server management. Data center solutions include managed hosting, colocation consulting, disaster recovery, and web hosting. Professional services are tailored for the law, healthcare, and education industries.
mindSHIFT's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
mindSHIFT offers Managed IT Services, Managed Cloud Solutions, and Cybersecurity Services.
mindSHIFT has made 4 acquisitions, including Alpheon, Invision.com, and ORBIT Systems.
mindSHIFT has 9 investors. Key investors include J P Morgan, Ricoh, Bessemer Venture Partners, HP, and Best Buy.
mindSHIFT operates through Ricoh Usa, Inc..
Yes. mindSHIFT was acquired by Ricoh in January 2014.