About New Era Technology
New Era Technology is a company based in New York (United States) founded in 1992 by Dan Levasseur, Thomas Hazen, Dan Higham, John O Connell, Joe Joyce, Roger Levasseur, and Chris Gadwah was acquired by Sentinel Capital Partners in September 2019.. New Era Technology has raised $1.75 million across 2 funding rounds from investors including Fidus Investment, Sentinel Capital Partners and Gemini Investors. New Era Technology has completed 6 acquisitions, including 4Logic, Aptude IT Consulting and Comstar. New Era Technology offers products and services including ManagedBlu, CloudBlu, and SecureBlu. New Era Technology operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and NTT DATA, among others.
- Headquarter New York, United States
- Founders Dan Levasseur, Thomas Hazen, Dan Higham, John O Connell, Joe Joyce, Roger Levasseur, Chris Gadwah
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.75 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Fidus Investment
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
4Logic
& 5 more
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Acquired by
Sentinel Capital Partners
(Sep 25, 2019)
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Products & Services of New Era Technology
New Era Technology offers a comprehensive portfolio of products and services, including ManagedBlu, CloudBlu, and SecureBlu. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides IT management and support for business operations.
Offers private and hybrid cloud storage solutions.
Delivers cyber security assessments and protection services.
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Software Development Team
57 people
Leadership Team
30 people
Project Team
28 people
Senior Team
12 people
Sales and Marketing
10 people
Operations Team
9 people
Finance and Accounting
7 people
Human Resources and Administration
7 people
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Funding Insights of New Era Technology
New Era Technology has successfully raised a total of $1.75M across 2 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 2
- Last Round Last Round
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First Round
First Round
(16 Mar 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Debt – Conventional - New Era Technology | Valuation |
investors |
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| Mar, 2017 | Amount | Unspecified - New Era Technology | Valuation | Fidus Investment |
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| 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 New Era Technology
New Era Technology has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Fidus Investment, Sentinel Capital Partners and Gemini Investors. 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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PE firm investing in the US
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Founded Year | Domain | Location | |
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Private equity and capital solutions are offered by Sentinel.
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Founded Year | Domain | Location | |
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Investment services in business and manufacturing sectors through equity and debt capital.
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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 New Era Technology
New Era Technology has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include 4Logic, Aptude IT Consulting and Comstar. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Networking, monitoring, cloud, and managed services are provided.
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2011 | ||||
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Digital transformation and IT consulting services are provided.
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2000 | ||||
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Managed IT services are offered across multiple U.S. states.
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - New Era Technology
| 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 |
New Era Technology Comparisons
Competitors of New Era Technology
New Era Technology 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. 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 |
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 |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Multi-access edge networking computing platform is provided for mobile services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on New Era Technology
Frequently Asked Questions about New Era Technology
When was New Era Technology founded?
New Era Technology was founded in 1992 and raised its 1st funding round 25 years after it was founded.
Where is New Era Technology located?
New Era Technology is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of New Era Technology?
Joe Ewart is the current CEO of New Era Technology.
Is New Era Technology a funded company?
New Era Technology is a funded company, having raised a total of $1.75M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $1.75M, raised on Mar 16, 2017.
What does New Era Technology do?
New Era Technology was founded in 1992 and is headquartered in New York, United States. Operations center on the IT sector, where network infrastructure, cloud services, data networking, and cybersecurity solutions are delivered to clients. Focus is placed on integrating these technologies to support business needs across various industries. Expertise is drawn from co-founders and leadership in managing global IT deployments, ensuring reliable and scalable systems.
Who are the top competitors of New Era Technology?
New Era Technology's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does New Era Technology offer?
New Era Technology offers ManagedBlu, CloudBlu, and SecureBlu.
How many acquisitions has New Era Technology made?
New Era Technology has made 6 acquisitions, including 4Logic, Aptude IT Consulting, and Comstar.
Who are New Era Technology's investors?
New Era Technology has 3 investors. Key investors include Fidus Investment, Sentinel Capital Partners, and Gemini Investors.
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